What you need to know - Tuesday 11/9/2010

Zuora raised $20M; Vipshop $20M; eByline $1.5M; Mig33 $8.9M, Movieclips.com $3M

Technology trends and news by Katie Gatto
November 9, 2010 | Comments
Short URL: http://vator.tv/n/1381

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Zuora raised $20 million in its third round of funding.The company manages online billing and subscriptions. This round of funding was led by Redpoint Ventures, who have invested with the company in the past.

Vipshop raised $20 million in a first round of funding. The round was led by DCM and Sequoia Capital. The Vipshop site sells imported and domestic wares to customers in China.

 

Gluster raised $8.5 million Series B round of funding.The round was led by Index Ventures. Other investors include Nexus Venture Partners.

 

eByline raised $1.5 million in its first round of funding from The E.W. Scripps Company. The company is a market for vetted freelance journalists and reporters.

 

Mig33 raised $8.9 million in third round funding. The round was led by Pak Sugiono Wiyono and GREE Inc., other investors include: Accel Partners, Redpoint Ventures and DCM. The company was founded in 2005.

Movieclips.com raised $3 million in Series A funding. Investors included: Shasta Ventures,  First Round Capital,  Jeff Clavier, Aydin Senkut, Naval Ravikant, Babak Nivi, Jeff Kearl, Tom McInerney, and Richmond Park Partners.

QuinStreet bought CarInsurance.com for $49.7 million. QuinStreet is an online marketing and lead-generation company. CarInsurance.com helps users find instance online.

Shutterfly bought WMSG Inc., for $6 million. WSMG Inc. focuses on deliver direct-marketing campaigns for large companies.

The National Labor Relations Board has accused a company of  firing an employee, illegally, for making less then flattering comments about her boss, on her Facebook page. The board is suing American Medical Response of Connecticut.


Related companies, investors and entrepreneurs

Plogo_mig33-mig33_mig33
Mig33
Startup/Business
Description: Mig33 is a mobile download application that brings a potent mix of social networking, IM and VoIP features to your mobile phone. Any mobi...
Plogo_gluster_gluster logo
Gluster
Startup/Business
Description: Gluster is exclusively focused on simplifying the task of storing and managing the explosion of unstructured data while transforming ...

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