Venture Funding

Kwedit raises $3.3 million in a Maveron-led second funding round

 Maveron

A Maveron-led second funding round of $3.3 million has recently been raised by Kwedit - the new, ground-breaking 'alternate payment product,' which is akin to a credit system, for purchasing social games and other 'virtual' goods.

Travel organizer TripIt raises $7 million in third funding round

Azure Capital Partners, AlphaTech Ventures

The San-Francisco-based startup TripIt, the 'intelligent' travel organizer that helps travelers manage their plans to ensure a smooth trip, recently raised $7 million in a third funding round; led by new investor Azure Capital Partners, along with O'Reilly AlphaTech Ventures, which also participated in the company's earlier two funding rounds.

Fast-growing ‘Posterous’ receives $4.4 million investment from Redpoint Ventures

Redpoint Ventures

A $4.4 million investment from Redpoint Ventures has been received by the 2008-founded fast-growing publishing platform 'Posterous' - a company that regularly releases new products; one of the most recent ones being Post. ly, which allows users to share media on their Twitter account.

Music blogging network MOG raises $9.5 million in new funding round

Music blogging network MOG raises $9.5 million in new funding round

In a new funding round led by Menlo Ventures and Balderton Capital, an amount of $9.5 million has been raised by the music blogging network MOG, which recently introduced an all-encompassing streaming service.

Year-end Surged in M&A Activity

Year-end Surged in M&A Activity

The recent analysis reveals that the 2009 Q4 numbers are in and they proved beneficial for companies looking to get acquired or go public in 2010. In addition, corporate buyers invested in the fourth quarter, and tech IPOs are performing well.

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