What you need to know - Friday 12/3/10

Katie Gatto · December 3, 2010 · Short URL: https://vator.tv/n/146b
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Mingleverse raised $1.4M; 10gen $6.5M; WhaleShark Media $90M; Amazon invests $175 in Living Social

Amazon has made a partnership with LivingSocial, which also included a hefty investment by Amazon. Amazon invested about  $175 million in Living Social.

BMC Software has acquired GridApp Systems. GridApp Systems specializes cloud database provisioning and administration,  with a focus on automation. Terms of the deal were not disclosed.


Chrome 8 was launched. The  new version was announced on the Google Chrome Releases blog, during a post about bug fixes.

WhaleShark Media, an online coupon rollup site, raised $90 million. The round was led by Austin Ventures, Norwest Venture Partners and Adam Street Partners. The company also bought RetailMeNot.

Wikileaks has been taken offline by its domain name service provider EveryDNS.net. The site was shut down do to massive cyber attacks.


Mingleverse, a video-conferencing service with snazzy avatars, raised $1.4 million of seed funding. This was the second round of seed funding.


New research shows that 63% of people online are ignoring ads online according to research from Adweek Media and Harris Interactive. Internet advertising  is apparently the the most ignored, when compared to television, radio and newspaper ads.

10gen, makers of open-source database MongoDB, raised $6.5 million. The round was led by Sequoia Capital. Other investors include  Flybridge Capital Partners and Union Square Ventures

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