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Amazon launches Amazon Birthday Gift for...

Amazon Birthday Gift will allow users to give gifts via Facebook...just like Facebook Gifts

by Faith Merino - June 18, 2013
Technology trends and news

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Payvment makes $6M Series B for e-commerce

by Ronny Kerr, November 30, 2010 | Comments

5197

Hundreds of retail storefronts added to Facebook daily, says Payvment, SF-based e-commerce platform

Payvment, a platform that enables retailers to open e-commerce storefronts on Facebook, announced Tuesday that it has raised a $6 million Series B round of funding led by Sierra Ventures with participation from previous investor BlueRun Ventures. Sierra partner Vispi Daver will be joining Payvment’s board.The San Francisco startup raised a $1.15 million Series A from BlueRun in March of ...

Facebook valued at highest ever: $50 billion

by Ronny Kerr, November 30, 2010 | Comments (2)

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Secondary market information makes Facebook worth almost as much as the biggest tech companies

Barely a week after we reported on Facebook’s $35 billion valuation on the secondary market, then based on shares sold by Accel Partners, the social site’s value has skyrocketed to its absolute highest--$50 billion.Most recently, $40 million in Facebook shares have been reshuffled in auctions on SecondMarket, leaving shares at $20.76 with 1.9 million shares traded. According to the report, ...

Google and Groupon: the odd couple

by Faith Merino, November 30, 2010 | Comments

	Why an acquisition makes sense Both Google and Groupon have been keeping quiet on our report of an acquisition over Thanksgiving weekend, but until they come out and say definitively whether or not the deal has been cemented, the world is left to speculate. What would an acquisition by Google mean for Groupon? Is Groupon a passing fad—the Tamagotchi of the Web community? (Yep, I ...
	Read more »

Vostu secures $30M Series C for social gaming

by Ronny Kerr, November 29, 2010 | Comments

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Brazilian social gaming company picks up third round from Tiger Global Management and Accel Partners

Vostu, one of the leading social gaming companies in Brazil, has raised a $30 million Series C round of funding from Tiger Global Management and Accel Partners, the Wall Street Journal reports.Accel partner Jim Breyer will join the Vostu board, adding the seat to his others at private-held companies Booyah, Etsy and, of course, Facebook.Vostu has raised $46 million to ...

Customer service analytics ClickFox gets $18M

by Ronny Kerr, November 29, 2010 | Comments

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ClickFox to spend $18 million Series C round on research and development in social media space

Analytics company ClickFox announced Monday that it has raised $18 million in a Series C financing round led by Morgan Stanley Alternative Investment Partners (AIP). Though other investors were not named, it would be safe to bet that at least a few if not all of existing investors--Ascent Venture Partners, Cedar Fund, Delta Ventures and Veritas Venture Partners--participated in the ...

CloudBees abuzz with $4M Series A round

by Faith Merino, November 29, 2010 | Comments

5184

The Java-native cloud service provider is backed by Matrix Partners

CloudBees, a provider of cloud services for java developers, announced Monday morning the close of a $4 million Series A round led by Matrix Partners, with participation from JBoss founder Marc Fluery, and former JBoss VP of strategy, Bob Bickel. There are a lot of former JBoss genes flowing through CloudBees. The company was founded in January 2010 by former ...

Black Friday is never bleak for online retail

by Ronny Kerr, November 29, 2010 | Comments

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U.S. retail customers spent $648 million, up nine percent from $595 million a year ago

Don’t look to brick-and-mortar for proof, but Black Friday sales just won’t stop growing (online).In a nine percent increase from the year before, U.S. retail customers spent $648 million online versus $595 million a year ago and $534 million two years ago, according to comScore.It wasn’t just Black Friday that hit record numbers, of course.On Thanksgiving Day, sales hit $407 ...

Google buys Groupon for $2.5 billion?

by Faith Merino, November 28, 2010 | Comments (3)

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While neither company has confirmed the story, the acquisition follows a week of buyout rumors

Google has just purchased Groupon for $2.5 billion, according to an unnamed insider who spoke with VatorNews. Neither Google nor Groupon could be reached for comment to confirm the report, but Vator’s source is reliable and the report falls in line with the recent string of Groupon acquisition rumors. Talk about a possible acquisition by Google has been bubbling since ...

Chasing returns

by Fred Wilson, November 28, 2010 | Comments

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Red flag alert: Web services and early-stage investing are filling up with investors chasing returns

I've spent much of this long weekend curled up on the couch reading Too Big To Fail, Andrew Ross Sorkin's history of the financial crisis of 2008. I've wanted to read this book since it came out last year but it took me a while to get to it. I'm enjoying it very much. As I read about bank after ...

Funding roundup - week ending 11/26/10

by Ronny Kerr, November 26, 2010 | Comments

5156

Badgeville, Bizness Apps, Gather, MyThings, Qype, SmartDate, Svpply, Welocalize, Yardsellr ZipList

Seed Bizness Apps, a company that develops apps for small businesses, raised an undisclosed round of seed funding from Build.com CEO Chris Friedland and founder and CEO of Collegescheduler.com Robert Strazzarino. For $39 a month, Bizness Apps enables small businesses to create and customize their very own iPhone app, complete with the client's own design choices and content. Social retail ...

Gather gets $2.4M Series E for demand content

by Ronny Kerr, November 26, 2010 | Comments

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Social network and group of freelance writers to bring in ad revenue for demand media company

Gather, a site where freelance writers create and share content for shared revenue, has raised a $2.4 million Series E round of funding from Lotus founder Jim Manzi, investment firm Allen & Co. and new contributor Progress Partners, represented by Nick McShane.Other investors in the round include Andrew Tobias, Hearst Corporation, Jack Connors, Kevin McClatchy, the McGraw-Hill Companies, Maerican Public ...

Bizness Apps raises seed for easy app making

by Ronny Kerr, November 26, 2010 | Comments

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Any small business can have an app in hours for just $39 a month with Bizness Apps

Bizness Apps, another company that develops apps for small businesses, has raised an undisclosed round of seed funding from Build.com CEO Chris Friedland and founder and CEO of Collegescheduler.com Robert Strazzarino.Creating an iPhone app for your business is incredibly simple with Bizness Apps, a company that understands that not all businesses have the time, money or skills to develop apps ...

More Black Friday deals= more spending

by Faith Merino, November 26, 2010 | Comments

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A study by ShopLocal finds that retailers are offering more deals and shoppers are spending more

Retailers are offering more deals and shoppers are spending more money, according to a study conducted by ShopLocal, the retail division of digital marketing services provider, PointRoll. The data reported by ShopLocal reveals that leading retailers increased their Black Friday offers by 22% from last year, setting an all-time record for the largest number of deals offered on a single ...

Art.sy secures $1.25M for fine art discovery

by Ronny Kerr, November 24, 2010 | Comments

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Google CEO, Twitter creator, Wendi Murdoch, Facebook veterans, Accel partner: all contributors

Art.sy, a fine art discovery site, has raised a $1.25 million round of funding from a pretty prominent list of angel investors, most notably Google CEO Eric Schmidt, Jack Dorsey (creator of Twitter and Square), and Wendi Murdoch, the wife of News Corps. founder and CEO Rupert Murdoch. Leading the round was Thrive Capital’s Josh Kushner.Other investors include Jim Breyer ...

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