Round the Clock Acquisitions: March 18 2008

March 18th, 2008 at 12:00 am

vc funding

I’m sure I’m  not the only one thinking that VC funding is slowing down in Silicon Valley.  However, slowdown doesn’t mean stop and so far, today shows a good sign with a roundup that does put a smile on our faces.


SendMe Mobile is announcing a $15 million series C round of financing, led by GrandBanks Capital, with existing investors True Ventures and Spark Capital also participating in the round.

Car Advisory Network has taken $6.5 million Series A in a round that included Accel Partners and Greylock Partners. Seattle based Car Advisory Network operates, a “source for news and reviews, spy shots and shopping guides, tips and expert advice” on cars. The site also operates several email lists and publishes the “Weekly Car Guide.”

Enterprise search search company Vivisimo raised its first venture capital today—$4 million from North Atlantic Capital—after eight years in existence. Vivisimo is a spin-off from Carnegie Mellon and a pioneer in applying clustering technology to search. You can see its technology in action at Clusty, but that is really just a demo for its enterprise search product.

Disqus, the distributed commenting system, has announced $500,000 in new funding, lead by Union Square Ventures with participation from Knight’s Bridge Capital Partners and angel investors Naval Ravikant and Aydin Senkut. Additionally, the company has released “Beta 2” – a slew of new features for both sites that use Disqus to power their comments and for users of the system.

CafeMom has closed a $12 million financing round co-led by Highland Capital Partners and Draper Fisher Jurvetson, who also led a $5 million round in August. 

Fixya announced a $6 million B round from existing investors Mayfield and Pitango. (It had previously raised $2 million in January, 2007). Fixya already has information on 800,000 consumer products, ranging from electronics to appliances.


Thanks to TechCrunch, MAshable and Webware