Funding Roundup - week ending 9/20/08
Nujira, BitTorent, and Ebillme are among companies raising funds
Here's a roundup of some companies in the mobile, video, digital media, social network, and advertising sectors that raised money this past week.
Nujira Ltd., maker of amplifying technology for wireless devices and networks, raised $18 million from BankInvest Group, New Energy Solutions Fund. The round sees further investments from existing investors: Amadeus Capital Partners, 3i, Cambridge Capital and Cambridge Angels, according to a press release.
The UK company is the leading supplier of ultra-high efficiency RF power amplifier technology.
BitTorrent raised $17 million in Series C funding from DAG Ventures, Accel Partners, and DCM, according to PE Hub. The San Francisco-based company is a provider of P2P file-sharing services.
Ebillme raised $12 Million in a completed round of financing from Canaan Partners and Celtic House Ventures, according to a press release. “eBillme’s technology addresses a growing demand for truly secure, online payment methods that aren’t credit based,” said Maha Ibrahim of Canaan Partners.
Hollywood Interactive Group, a producer of interactive content, raised $5 Million in Series A funding led by Blue Run Ventures, according to VentureBeat. The LA-based start up's first project is called MyHollywood.com which is a social network designed for females of ages who can receive the latest celebrity gossip, fashion tips, and entertainment.
Webook raised $5 million in a second round of financing led by Vertex Venture Capital and Greylock Partners Israel, according to VentureWire and PE Hub. The Mountain View, California-based start up operates a Web site for crowd-sourcing books.
Robotgalaxy Inc. raised $5 million in Series B financing to help fund expansion and the launch of its new virtual online game, according to a release. The tri-state area-based retail store allows children to assemble, program and activate their own robots from thousands of combinations.
Punchbowl Software Inc. closed a $2.1 Milllion Series A financing, according to a press release. The Boston-based start up is a new web application for event and party planning.
Related Companies, Investors, and Entrepreneurs
BitTorrent
Startup/Business
Joined Vator on
BitTorrent allows for easing video viewing and downloading on the Internet by sharing and distributing data files ("torrent" files), making it easier as more parts become available from more sources, using little bandwidth to do the transfer.
Punchbowl.com
Startup/Business
Joined Vator on
Punchbowl is a technology company that builds products for the celebrations market. We create best-in-class online invitations and digital greeting card for events and life milestones. We believe that the details matter, products should be easy to use, and design separates great products from good ones. We’re proud to have received widespread acclaim and industry recognition. In addition to coverage in leading lifestyle, technology and business press, we’ve been honored with numerous awards and accolades. More than 45 million people a year use our products: Learn more at https://www.punchbowl.com/company