Tag Archives: Alsop Louie Partners
Ness Computing Raises $5 Million for Likeness.com Subjective Search
Ness Computing has been working on creating a selective search engine, and have raised $5 million in funding. The investors include Vinod Khosla and Ramy Adeeb (of Khosla Ventures), Alsop Louie Partners, Bullpen Capital and a co-founder of Palantir Technologies, as well as angel investors. TechCrunch reports that the search engine will be located at likeness.com, and combines data from your online likes with a search engine to provide a search designed with your preferences in mind. Corey Reese, CEO of Ness, explains that while Google organized data, likeness.com is about “organizing opportunities.”
Ruckus Media Raises $3.5 Million In First Round Funding
Ruckus Media Group has raised $3.5 million in a first round of funding led by Alsop Louie Partners and other private investors. Ruckus Media Group is known as a mobile family entertainment company. Ruckus released 15 mobile apps for kids that are generally based on children’s books like “A Present for Milo” and “The Velveteen Rabbit.” Ruckus plans on using the funds to expand their mobile app product distribution to additional stores. [Digital Media Wire]
Categories Alsop Louie Partners, Ruckus Media Group
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Gowalla Raises $8.4 Million From Greylock and Several Angel Investors
Gowalla is a location based social networking website that has raised $8.4 million in funding. Greylock Partners was the lead investor and the company plans to use the funding to strengthen their development capabilities. Thus far Gowalla has raised over $10 million since they started in 2007.
“Gowalla has rapidly attracted a passionate user base by creating an innovative, useful service that is also a lot of fun,” stated Greylock’s David Thacker. “It’s exciting to discover new places and earn stamps for your passport from places as diverse as Buckingham Palace and the Sydney Opera House to the San Francisco Museum of Modern Art and the coffee shop down the street. Gowalla also connects you with your friends, letting you share your travels and meet up with others in real time.” Thacker has joined the Gowalla Board of Directors as part of the investment.
LinkedIn co-founder and Greylock Partner Reid Hoffman also joined Gowalla’s board of directors as an observer.
Other investors in Gowalla include Jason Calacanis, Kevin Rose, Maples Investments, Shasta Ventures, Ron Conway, Gary Vaynerchuk, Shervin Pishevar, and Chris Sacca. Previous investors Alsop-Louie Partners and Founders Fund also participated in this round.
Redux Raises $6.5 Million For Being A Friend-Finding Social Network
Redux is a social network company based in Berkeley, Calif. VentureBeat just wrote that the company has raised $6.5 million from Alsop Louie Partners and Draper Fisher Jurvetson. Redux’s first round of funding was provided by Alsop Louie Partners and Peter Thiel. Thiel is an early investor in Facebook and PayPal co-founder.
Redux was started by Darian Sharazi. Darian used to work for Facebook and also started Fotodunk, a mobile photo-sharing company. Redux has an algorithm that helps people find others with similar interests. Redux allows users to chat on all pages and exchange media.
Below is a video from DEMO.com of Darian presenting Redux:
Categories Alsop Louie Partners, Draper Fisher Jurvetson, Redux
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Justin.tv Raises Funding For Trendy Lifecasting
Justin Kan and Emmett Shear are entrepreneurs that have a close-knit relationship with Y-Combinator. Kan and Shear created a calendar company called Kiko which sold on eBay for $258,000. Since then, Kan launched Justin.tv last March. Justin.tv is also backed by Y-Combinator.
Justin.tv is a website dedicated to the “lifecasting” of its members. Members of Justin.tv attach a webcam to their computers and chat with those who are interested in their life. Imagine The Truman Show except for multiple characters and the filming is voluntary. Browsing from camera-to-camera reminds me of browsing albums on an Apple iPhone:
When Justin.tv first launched, a series of unfortunate events happened.
Categories Alsop Louie Partners, Justin.TV, Kiko, Y Combinator
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