Facebook Gets $60 Million From Hong Kong Billionaire

Friday, November 30th, 2007

Facebook did not get additional $500 million from hedge funds (yet), as announced by our favorite blogger without a clue, Fake Steve Jobs, and later Wall Street Journal; however, Hong Kong billionaire Li Ka-Shing stepped in and invested $60 million in Facebook. Li Ka-Shing is the chairman of network operator ...

Big Money for AdBrite: $23 Million from Sequoia and Others

Friday, November 30th, 2007

AdBrite has raised $23 million from Sequoia Capital and Artis Management. Originally an ad network for mostly text-based advertising similar to Google AdSense, AdBrite has become a full-service network for third-party publishers, offering display advertising and recently introducing a product for monetizing Facebook applications, as well as a full ...

Yodle Raises $12 Million for Local Online Advertising

Monday, November 26th, 2007

Yodle has raised a $12 million second round for its fledgling online local advertising business. The company manages online advertising campaigns for small businesses on all of the big search engines and drives traffic to pages designed specifically to attract new leads. Yodle also includes customer management tools ...

Backchannel TV-to-Internet Ads Gets $10 Million

Monday, November 19th, 2007

Backchannelmedia, a digital television ad service based in Boston, has raised $3 million in additional first-round funding, bringing the total to $9.5 million. Founded in 2000, Backchannel focuses on serving and response capture for digital television ads. It takes a scientific approach to finding the optimal type of ...

Synthasite Raises $5 Million for Homepage Creation Tools

Saturday, November 17th, 2007

Synthasite, who offers web-based homepage creation tools, has raised $5 million in Series A funding from Columbus Venture Capital. Like many startups before it, Synthasite’s mission is to let users with no HTML or design skills create web pages. Kristen reviewed the site back in June while it ...

Zend Gets Another $20 Million

Tuesday, August 29th, 2006

According to this report, Zend has received "a $20 million boost through a fourth round of funding." According to Zend's own press release: The new funds will enable us to expand faster in emerging geographical markets, accelerate our product developm...