Round the Clock Acquisitions: Feb 27 2008

February 27th, 2008 at 12:00 am
 


US dollar

It’s been quite a while since I’ve  done a round up of fundings and acquisitions.  The thing is, there hasn’t been a lot going around lately and if there were, it’s not really a headliner.  Anyway, just for the useful information, here are the latest capital inout and acquisitions. 

———–

FriendFeed, the social, shared feed reader, is opening its doors to the public today, and the company is also announcing a $5 million round of funding from Benchmark Capital as well as FriendFeed co-founders Paul Buchheit, and Sanjeev Singh.

New York-based startup Outbrain has raised $5 million in a Series A funding from Gemini Israel Funds, Lightsteed Venture Partners and Glen Rock Israel. The company, headed by Yaron Galai, co-founder of Quigo (sold to AOL), provides ratings and recommendations for web content – including blogs.

Adconion Media Group has received a massive $80 million in Series C funding for its online advertising network. The funding round was led by Index Ventures with participation from Wellington Partners. The company is touting the news as "largest purely VC raise in history."

Tiny Pictures, a company that operates a mobile media-sharing site called Radar, announced on Monday that it has pulled in $7.2 million in Series B funding. The funding round was led by Valley stalwart Draper Fisher Jurvetson; previous investor Mohr Davidow Ventures also contributed.

Social voting outfit Mixx has taken $2 million Series A1 in a round led by existing investor InterSouth Partners.

Yelp, the popular local review site, will soon announce a new $15 million dollar round of financing led by DAG Ventures. The valuation is rumored to be in the $200 million range. Yelp says that they will be using the money to expand geographically, add onto their sales team, and establish an office in NYC (they are based in San Francisco). This is Yelp’s fourth round of funding since their founding in 2004.

Scott Ferber, co-founder of Advertising.com, has raised $15 million in venture capital funding for his new venture, TidalTV, according to a report in The Baltimore Business Journal. The round was led by Chevy Chase’s New Enterprise Associates and Valhalla Partners. TidalTV hasn’t launched yet, and Ferber has been rather secretive with the development of the new company.

Microsoft news, the company bought an Israeli startup today called YaData, which makes analytic software for marketers to help them micro-segment consumers. (Redmond is not going to let a little thing like a $1.4 billion fine slow it down). The purchase price was undisclosed, but Israeli newspaper The Globes is reporting that the price is between $20 million and $30 million.

————