Funding roundup - week ending 10/24/08

Meliza Solan Surdi · October 25, 2008 · Short URL: https://vator.tv/n/4ba

Movidia, Vidyo, and Shopit are among companies that raised funds

 

Here's another look at some of the funding announcements across the social network, community, video, digital media and advertising sectors. 

 

 Like raised $32.7 million from Menlo Ventures, Crosslink Capital, BlueRun Ventures, Bay Partners, and Leapfrog Ventures, according to PE Hub. The San Mateo, California-based start up is a visual search engine for online shopping.

 

 

 

Movidia raised $14 million from Celtic House Venture Partners, Capital-E, Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland, according to a press release. The Ireland and Hong Kong- based start up is known as a mobile video processor company.


 


VBrick Systems raised $10.4 million from Adams Capital Management, Menlo   Ventures, Morgan Stanley Venture Partners, Redshift Ventures and Two River Associates, according to Digital Media Wire. The Wallingford, Connecticut-based company is a provider of live, Web-based networked video services.

 

 

UnitedLexCorp brought in $6 million from Canaan Partners and Helion Venture Partners, according to a press release. The Atlanta-based company's services include accounting and administrative support for law, contracts and sourcing, intellectual property, and immigration services.

 

Trusteer raised $6 million from U.S. Venture Partners, according to a press release. Trusteer enables online businesses to establish a secure communication tunnel with their customers that stretches from user’s keyboard into their website.

 

 

Digital Performance raised $3.2 million from Rincon Venture Partners, Arcturus Capital, and Momentum Venture Management,  according to VentureBeat. The Newport Beach, California-based start up is an online marketplace for auto accessories. 

 

 

 

Vidyo raised $3 million more from Rho Ventures, Sevin Rosen Funds, and Star Ventures, according to VentureBeat. The Hackensack, New Jersey-based  company is a video conferencing provider.

 

 

 Shopit raised $2.5 million from Emerson Ventures and Propulsion Ventures,  according to CNet. The LA-based company is a provider of a widget-based shopping  service that allows users to sell and buy items through social networking sites.

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Shopit is an e-commerce service that facilitates sharing, publishing, and selling products and information online in multiple platforms. Shopit makes one of modern humanity's basic needs – finding and buying products – a whole lot easier.