Round the Clock Acquisitions: March 11 2008

March 11th, 2008 at 12:00 am
 


money

Well, at least Tuesday did not disappoint me like yesterday.  VC’s are back in game.  Funding annoucements are back on and I’m happy to say it is more than yesterday’s roundup.

The names aren’t vry new though but like I said, VC’s are taking caution of whom to fund and rest assured that the guys on today’s list do have some experience and some succcesses that will keep the capitalists happy for a while.

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Entertainment content network Giant Realm has raised $3.5 million in an effort to expand it’s site. The already large entertainment network has more than a couple dozen sites in the fold, and covers just about every aspect of geek culture, from gaming to anime and sci fi.

Innovid, a video advertising developer, has announced the closure of their $3 million seed round of funding today, according to Globes Online. Their site is scant on details, but the broad descriptions of the service at Globes indicate that they intend to create a system that lets marketers insert ads and virtual product placements within online videos.  Genesis Partners was the sole backer for this round of funding.

Fluid Entertainment recently announced that they’ve raised $3.2 million in a first round of funding that followed a small seed round from Band of Angels, according to Dean Takahashi at VentureBeat.  The company is in the business of creating Flash based games for kids aged 6 to 11.

Jivox is an online video distribution and monetization outfit that is launching, now propelled by a $2.7 million seed funding round led by Opus Capital.

Visual search engine Searchme has raised $31 million from early Google backer Sequoia Capital and other investors, according to the company.

TargetSpot, a company based in New York City and built to manage and deliver advertising within audio streams on the Web, has announced today that it is “capping a successful inaugural year” with a funding round (Series B) totaling $8.6 million. The round was led by Bain Capital Ventures, of which one partner by the name of Jeffrey Glass, plans to join Targetspot’s board of directors.

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Thanks to Mashable and CNET .