daveliu.com Blog

December 21, 2006

Internet and Software Deals of the Day

Filed under: Asia Internet, Digital New Media, Fundings, Software, US Internet — Dave @ 12:11 am

iLike.com, a Seattle-based social music directory service, has raised $13.3 million in strategic funding from Ticketmaster, in exchange for a 25% ownership position. Existing iLike shareholders include Khosla Ventures and Bob Pittman. www.ilike.com

Spock Networks Inc., a Menlo Park, Calif.-based people search engine operator, has raised $7 million in Series A funding from Clearstone Venture Partners and Opus Capital Ventures. www.spock.com

ExpoTV, a New York-based video provider of consumer-generated product reviews, has raised $6 million in Series A funding co-led by Masthead Venture Partners and Prism VentureWorks. www.expoTV.com

TutorVista Global, a Bangalore, India-based online educational tutoring company, has raised $3 million in additional funding from return backer Sequoia Capital India, according to The Economic Times.

Home Decor Products Inc., an Edison, N.J.?based online retailer of kitchen and bath products, has raised $65 million in third-round funding. 3i Group led the deal, and was joined by Liberty Associated Partners and Comcast Interactive Capital. RBC Capital Markets served as exclusive placement agent for Home Decor. www.homedecorproducts.com

Shanghai SmartPay Jieyin Ltd. (”SmartPay”), a China-based provider of electronic payment services, has raised $10 million in Series B funding. Return backers include RRE Ventures, Evolution Capital and Lunar Group Capital. http://smartpay.com/cn

Local Marketers Inc., a Seattle-based online advertising startup, has raised $600,000 in Series A funding led by Madrona Venture Group, according to a regulatory filing. www.madrona.com

CZen Inc., a Waltham, Mass.-based Internet startup, has raised $3.5 million in Series A funding led by Matrix Partners, according to a regulatory filing. The company is run by Sheila Marcelo, former vice president and general manager with Matrix portfolio company TheLadders.com and, before that, vice president of marketing for uPromise.

Attributor, a Redwood City, Calif.-based provider of online content licensing technology, said that it has raised more than $10 million over two rounds of funding from Sigma Partners, Selby Venture Partners, Draper Richards, First Round Capital and Amicus Capital. www.attributor.com

inQ Inc., an Agoura Hills, Calif.?based provider of outsourced online live chat sales solutions, has raised $7.75 million in Series C funding. Partech International and Emergence Capital were joined by return backers Dolphin Equity Partners, Hudson Ventures and Vertrue. www.inq.com

PixSense, a Santa Clara, Calif.-based provider of mobile photo and video management solutions, has raised $5.4 million in Series A funding co-led by ATA Ventures and Innovacom. www.pixsense.com

StarNet Interactive Inc., operator of tween girl community websites like KiddoNet, has raised $2.7 million in Series A funding led by Leo Capital. The deal follows StarNet’s spinout from Gteko Ltd., which recently was acquired by Microsoft. www.kiddonet.com

Double Fusion Inc., a San Francisco-based in-game advertising network and technology provider, has raised $26 million in third-round funding. Norwest Venture Partners led the deal, and was joined by return backers Accel Partners and Jerusalem Venture Partners. Strategic participants included Time Warner, Hearst Corporation, IDG Ventures Pacific and Sedona Capital. www.doublefusion.com

RemoteReality Corp., a Westborough, Mass.-based provider of intelligent omni video systems, has raised $7.3 million in Series A funding. Batelle Ventures and Chart Venture Partners co-led the deal, and were joined by Battelle affiliate fund Innovation Valley Partners. www.remoterealty.com

Solid Information Technology Ltd., a Cupertino, Calif.-based provider of a distributed data management platform, has raised Euro 4 million in new VC funding from existing shareholders Apax Partners and CapMan. www.solidtech.com

SunGard has acquired Chinese financial services software company Shanghai Fudan Kingstar Computer Co. for an undisclosed amount. SunGard was acquired last year in a public-to-private buyout by Silver Lake Partners, AlpInvest, Bain Capital, Blackstone Group, Goldman Sachs, HarbourVest Partners, KKR, Providence Equity Partners and Texas Pacific Group. www.sungard.com

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

You must be logged in to post a comment.

Powered by WordPress

You must enter your Twitter username and password for Twitter Tools to download your tweets.