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Series B and C rounds all over - incl. Brightcove, Meebo, Tagworld

Filed in archive Venture Capital by tj on January 18, 2007

PE Week Wire reports about a row of interesting findings today - several rounds B and C confirming the sometimes bold bets VCs made in the category leaders some months and years ago:

Brightcove the Internet TV company has raised another 59.5 million valuing the company at $170 million (says PE Week Wire) or $220 million (says Bambi Francisco).


Piczo, a San Francisco-based social networking company focused on teenagers, has raised $11 million in second-round funding. U.S. Venture Partners and Mangrove Capital Partners co-led the deal, and were joined by return backers Sierra Ventures and Catamount Ventures.

Genius.com, a San Mateo, Calif.-based provider of on-demand 1-to-1 marketing solutions for sales and marketing professionals, has raised $10 million in second-round funding. Mohr Davidow Ventures led the deal, and was joined by return backers Emergence Capital Partners and Walden International.

Meebo Inc., a Mountain View, Calif.-based provider of Web-based instant messaging, has raised $9 million in Series B funding. Draper Fisher Jurvetson led the deal, and was joined by return backers Sequoia Capitallinks.

Yeelion Inc., a Beijing , China-based company focused on personalized digital information, has raised $5.5 million in Series B funding, according to a regulatory filing. Shareholders include Ignition Partners, Qi Ming Venture Partners, QuiJia International and MingTech International.

Funambol Inc., a Redwood City, Calif.-based developer of open-source mobile application servers, has secured $5.35 million of a $10 million Series B round, according to a regulatory filing. Return backers include HIG Ventures and Walden Ventues.

ClickandBuy, a European digital payments platform and e-payments system, has raised an undisclosed amount of funding from Intel Capital.

TagWorld, a Santa Monica, Calif.-based social networking company, has raised an undisclosed amount of funding from Viacom unit MTV Networks, according to paidcontent.org. TagWorld previously had raised capital from Draper Fisher Jurvetson.


Good times for entrepreneurs!






Permalink: Series B and C rounds all over - incl. Brightcove, Meebo, Tagworld
Tags: tagworld  meebo  brightcove  funding  investments  2007  venture+capital  series+rounds 

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