Qunar Confirms $15m Financing

FUND RAISING

Business: Qunar
Web: http://www.Qunar.com
Location: China, Beijing
Region: Asia
Description: Travel search engine

Contacts:
Amount raised: $15,000,000

Story Link – JLM Pacific Epoch 

Details

Qunar.com confirmed it has received third-round financing of $15 million from GGV Capital as lead investor and co-investors Mayfield Fund, GSR Ventures, Tenaya Capital.

   
Database Fund Raising – November 2009

Superfeedr Gets Funding From Mark Cuban And Betaworks

FUND RAISING

Business: Superfeedr
Web: http://superfeedr.com
Location: USA, New York, NY
Region: North America
Description: Transforms a wide variety of feeds into normalized XMPP or Pubsubhubbub format

Contacts:

  • Julien Genestoux , founder Superfeedr
  • John Borthwick, Betaworks CEO
  • Mark Cuban, owner Dallas Mavericks

Amount raised: Undisclosed

Story Link – Read Write Web 

Details

Superfeedr has raised a seed round from real-time incubator and investment firm Betaworks, along with Dallas Mavericks owner Mark Cuban;

   
Database Fund Raising – November 2009

Thomson Reuters to Acquire Sabrix

ACQUISITION

Acquirer: Thomson Reuters
Web: http://www.thomsonreuters.com
Location: USA, New York, NY
Region: North America
Description: Information for financial, legal, tax and accounting, healthcare and science and media markets Contact:

Target: Sabrix, Inc
Web: http://www.sabrix.com
Location: USA, San Ramon, CA
Region: North America
Description: Transaction tax management software applications and related services
Contacts:

  • Steve Adams, president and CEO of Sabrix
  • Roy M. Martin, Jr., President and CEO of Tax & Accounting

Approximate value: Undisclosed

Details Thomson Reuters announces that its Tax & Accounting business has signed a definitive agreement to acquire Sabrix, Inc. Headquartered in San Ramon, CA, with additional operations in Oregon and London, all 160 Sabrix employees will transfer into Tax & Accounting upon the close of the transaction, which is expected in December 2009.

Press Release

Database Acquisitions – November 2009

Social gaming company Zynga raises $15.18M

FUND RAISING

Business: Zynga
Web: http://www.zynga.com
Location: USA, San Francisco, CA
Region: North America
Description: Social gaming company

Contacts:

  • Mark Pincus, Founder and CEO
  • Andrew Trader, co-founder

Amount raised: $15,187,440

Story Link – SEC filing 

Details

Zynga raised $15.18 million according to a regulatory filing.  No new investors were listed, but the company now has raised $54 million in total.  Previous investors include Kleiner Perkins, Avalon Ventures, Foundry Group, Union Square Ventures and Institutional Venture Partners.

   
Database Fund Raising – November 2009

HomeShop18 Raises $18.5 Mn Growth Capital From GS Home Shopping

FUND RAISING

Business: HomeShop18
Web: http://www.homeshop18.com
Location: India, Uttar Pradesh
Region: Asia
Description: TV shopping channel

Amount raised: $18.5 Mn

Story Link – Deal Curry 

Details

Network 18’s TV shopping channel HomeShop18 has raised $18.5 Mn growth capital from South Korean – GS  Home Shopping. Post investment, GS Shopping will hold 15% in Home Shopping valuing it close to $123 Mn. 

   
Database Fund Raising – November 2009

Social Network app developer RockYou has raised $50 million

FUND RAISING

Business: Rockyou
Web: http://rockyou.com
Location: USA, Redwood City, CA
Region: North America
Description: Developer and ad network built around Facebook’s platform

Contact:

  • Lisa Marino, vice president of sales
  • Lance Tokuda, co founder
  • Jia Shen co founder

Amount raised: $50,000,000

Story Link – VentureBeat 

Details

RockYou has  raised $50 million in venture funding from  Softbank. That brings total funding to $119 million. Previous investors include Sequoia Capital, Lightspeed Venture Partners, Partech International and DCM.

   
Database Fund Raising – November 2009

Evernote raises $10 million investment

FUND RAISING

Business: Evernote
Web: http://www.evernote.com
Location: USA, Mountain View, CA
Description: web based multimedia note-taking service
Contact: Stepan Pachikov, founder of Evernote

Amount raised: $10,000,000

Story Link – Everview CEO’s Blog 

Details

Evernote raises $10 million investment Evernote, which lets you record almost any type of data and recall it when you need it, just raised $10 million in a second round of venture-backed financing. It was led by Morgenthaler Ventures, with more funding from earlier investors including  Troika Dialog.

Database: Funding November 2009

Expensify Raises $1 Million For New Hires, Mobile App Development

FUND RAISING

Business: Expensify
Web: https://www.expensify.com
Location: USA, San Francisco, CA
Description: Online expense report management
Contact: CEO David Barrett

Amount raised: $1,000,000

Story Link – Paid Content 
Details

Expensify has raised a first round of approximately $1 million from Hillsven Capital, Baseline Capital Ventures and Red Swoosh and Scour investor Travis Kalanick.The investment will be used for for new hires and tech development, including the launch of mobile apps for the iPhone, BlackBerry, Android and Palm.

Database: Funding November 2009

Millennial Media receives a $16 million investment

FUND RAISING

Business: Millennial Media
Web: http://www.millennialmedia.com
Location: USA, Baltimore, Ma
Description: Large US mobile ad network
Contact: Paul Palmieri, President and CEO

Amount raised: $16,000,000

Story Link – Press Release  
Details

Millennial Media receives a $16 million investment Millennial Media announced today the company has closed on a $16M Series C round of growth funding, led by New Enterprise Associates (NEA) with existing investors Bessemer Venture Partners, Columbia Capital, and Charles River Ventures participating. 

Database: Funding November 2009

Outright Raises $5 Million More For Simple Online Bookkeeping App

FUND RAISING

Business: Outright
Web: http://outright.com
Location: USA, Campbell, CA
Description: Free, simple bookkeeping app
Contacts:

  • Kevin Reeth, Co-Founder
  • Ben Curren, Co-Founder

Amount raised: $5,000,000

Investors include:

Investor: Sequoia Capital
Web:http://www.sequoiacap.com

Investor: Shasta Ventures
Web: http://www.shastaventures.com
Contact: Ravi Mohan: Managing Director

Investor: First Round Capital
Web: http://www.firstround.com
Contact: Rob Hayes: Partner;

Investor: SoftTech VC
Web: http://www.softtechvc.com
Contact: Jeff Clavier: Founder and Managing Partner

 

Link – TechCrunch 

Details: Outright Raises $5 Million More For Simple Online Bookkeeping App Sequoia Capital has led a second round of funding for Outright, investing $5 million with returning backers First Round Capital, Shasta Ventures and SoftTech VC.

Database: Funding November 2009