Yahoo to Acquire Xoopit for About $20 Million
Yahoo plans on announcing Thursday that it has bought Xoopit for a price in the $20 million range, according to several sources, one of its first acquisitions in a long while. Reached late this...
View ArticleYahoo Confirms Xoopit Purchase
Yahoo confirmed the news–first reported by BoomTown and in The Wall Street Journal last night–that it was buying Xoopit, the San Francisco-based social email company. And it did so in both a blog post...
View ArticleRosensweig to Leave Guitar Hero; Takes Over as CEO of Online Textbook Rental...
Longtime Silicon Valley exec Dan Rosensweig (pictured here) is stepping down as CEO and president of the Guitar Hero division of Activision Blizzard to take a new job as president and CEO of Chegg,...
View ArticleChegg's Dan Rosensweig Talks About the Next Wave of Online Textbook Rentals...
Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig. The voluble...
View ArticleExclusive: Chegg Raises $75 Million in Additional Funding from Asian Firm
Chegg, the online textbook rental service, has raised another $75 million from Asia-based Ace Limited, according to sources. Ace seems to be nonexistent on the Internet, although sources said it is a...
View ArticleExclusive: Digg Publisher and Chief Revenue Officer Departs for Start-Up
Chas Edwards (pictured here), the publisher and chief revenue officer for Digg, the social news discovery service, is leaving the San Francisco company, according to sources. The exec, who came to...
View ArticleWaiting for the Big Fish? The Next Web IPOs Might Surprise You
No, not Facebook. Not Zynga. And probably not Groupon. At least not yet, when it comes to the blockbuster Web IPOs that Wall Street and investors have been waiting for, and now expecting to roll out...
View ArticleTransphorm Nabs $20 Million From Google Ventures, Kleiner
Yet another “stealth” start-up came out of hiding today with a big Silicon Valley funding. That would be Transphorm, a power conversion technology company, that has raised $20 million more in a Series...
View ArticleVideo: Pixazza's Bob Lisbonne Talks About "AdSense for Images"
Recently, BoomTown took a walk down digital Memory Lane with Bob Lisbonne, CEO of Pixazza, the photo-tagging service that has nicknamed itself “AdSense for images.” That’s because Lisbonne used to be...
View ArticleInsideView, an Intelligence Dashboard for Salespeople, Raises $12 Million
When you’re gathering information on a potential sales prospect, there’s an awful lot of places to look. A decent Google search only gets you part of the way there. You can look for mentions in the...
View ArticleFired Facebook Acquisitions Exec Lands at Twitter
Mike Brown, the former Facebook corporate development executive who was dismissed for buying its stock on secondary markets, has taken a similar job at Twitter. Brown, who had helped negotiate many of...
View ArticleeBay, Others Trip Over Each Other to Define Social Commerce
On the same day that a start-up is launching with the goal of being eBay with a social twist, the online auctions giant is also unveiling some of its own plans for social commerce. While the two events...
View ArticleNo Longer a One-Man Shop, Read It Later Raises $2.5M
The informatively named content-saving start-up Read It Later, which for most of its four years has been a one-man labor of love and ramen, has raised Series A funding of $2.5 million from Foundation...
View ArticlePixazza Changes Name to Luminate, Launches Image Apps Platform
Pixazza is dead. Long live Luminate. Well, from a brand perspective, at least, as the image advertising start-up changes to an easier-to-say name and also launches a new platform for image...
View ArticleAiry Lands $1.5M for Educational Games; Peter Thiel Foundation Does a Happy...
Palo Alto-based education game maker Airy Labs has raised $1.5 million from Foundation Capital, Google Ventures, and Playdom co-founder Rick Thompson. The funding comes after a $100,000 fellowship...
View ArticleCloud Storage Start-Up Zetta Lands $9 Million Funding Round
Cloud-based storage and backup services are suddenly getting a lot of attention from venture capitalists. A few days ago we saw Backupify, which backs up data on social networks and Google Apps, land a...
View ArticleHow to Avoid a VC Shotgun Wedding
As a former entrepreneur, I can empathize with the intense pressure surrounding financing for a new venture. In the current market, where the future is less certain than the recent past, many...
View ArticleSilkRoad, Another HR Software Service in the Cloud, Lands $35 Million
One of the evolving themes of the year has been the heat coming from the otherwise sleepy world of human-resource software — applications that companies use to manage their people and payroll. For...
View ArticleBlake Krikorian Joins FreeWheel Board
Well-known Silicon Valley entrepreneur and Amazon board member Blake Krikorian is joining the board of directors of FreeWheel, the video tech start-up that helps entertainment companies manage content...
View ArticleCopious Raises Ample First Round Totaling $5 Million
Copious has secured $5 million in a first round of funding led by Foundation Capital, with Google Ventures and Relay Ventures also participating. The San Francisco company is creating a marketplace...
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