Pulse2 Technology and Social Media News » Atlas Venture http://pulse2.com Sat, 26 May 2012 21:27:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Verizon Acquires Cloud Computing Company CloudSwitch http://pulse2.com/2011/08/25/verizon-acquires-cloud-computing-company-cloudswitch/ http://pulse2.com/2011/08/25/verizon-acquires-cloud-computing-company-cloudswitch/#comments Thu, 25 Aug 2011 21:46:22 +0000 Amit Chowdhry http://pulse2.com/?p=50490 Continue reading →]]>
Verizon Wireless has acquired cloud computing company CloudSwitch. CloudSwitch acquired $15.4 million in venture capital funding before the acquisition from Atlas Venture, Commonwealth Capital Ventures, and Matrix Partners.

CloudSwitch creates software to make it easy for customers to move applications to the cloud. CloudSwitch provides an interface for porting applications to Amazon Web Services, Microsoft Windows Azure, and Terremark.

CloudSwitch co-founder and VP of Products Ellen Rubin said that the company’s multi-cloud support will stay intact. The team at CloudSwitch will now report to the president of Verizon subsidiary Terremark Kerry Bailey.

[GigaOM]

]]> http://pulse2.com/2011/08/25/verizon-acquires-cloud-computing-company-cloudswitch/feed/ 0 Hopper Raises $8 Million for Travel Search Service http://pulse2.com/2011/08/22/hopper-raises-8-million-for-travel-search-service/ http://pulse2.com/2011/08/22/hopper-raises-8-million-for-travel-search-service/#comments Mon, 22 Aug 2011 15:38:29 +0000 Riley Kennysmith http://pulse2.com/?p=50357 Continue reading →]]>

Travel search startup Hopper has raised $8 million in new funding. The investors in this round include Atlas Venture and Brightspark Ventures. TechCrunch reports that Hopper was founded by two former Expedia employees, Frederic Lalonde and Joost Ouwerkerk, and Sebastien Rainville.

Hopper is currently based in Montreal, but the company has plans to open a Boston office.

]]> http://pulse2.com/2011/08/22/hopper-raises-8-million-for-travel-search-service/feed/ 0 Grockit Raises $7 Million In Series C http://pulse2.com/2010/05/15/grockit-raises-7-million-in-series-c/ http://pulse2.com/2010/05/15/grockit-raises-7-million-in-series-c/#comments Sat, 15 May 2010 18:11:16 +0000 Amit Chowdhry http://pulse2.com/?p=31081 Continue reading →]]>
Grockit is an online learning website that has raised $7 million in Series C. Atlas Venture is the lead investor in this round. Other investors in this round include Integral Capital and Benchmark. Grockit helps students prepare for exams such as the SAT and the GMAT. [TechCrunch]

]]> http://pulse2.com/2010/05/15/grockit-raises-7-million-in-series-c/feed/ 0 DataXu Raises $11 Million In Series B From Menlo, Atlas, and Flybridge http://pulse2.com/2010/03/08/dataxu-raises-11-million-in-series-b-from-menlo-atlas-and-flybridge/ http://pulse2.com/2010/03/08/dataxu-raises-11-million-in-series-b-from-menlo-atlas-and-flybridge/#comments Mon, 08 Mar 2010 17:56:17 +0000 Amit Chowdhry http://pulse2.com/?p=26578 Continue reading →]]>
DataXu has raised $11 million in Series B funding.  Investors include Menlo Ventures, Atlas Venture, and Flybridge Capital Partners.  Atlas and Flybridge were involved in DataXu’s first round in April 2009.  The new round of funding will be used for product development, sales, marketing, and expansion.  DataXu has offices in Boston and N.Y.  DataXu is an online ad exchange service. [paidContent]

]]> http://pulse2.com/2010/03/08/dataxu-raises-11-million-in-series-b-from-menlo-atlas-and-flybridge/feed/ 0 DailyMotion Raises $22.1 Million, Adding Up To Total Of $65.6 Million http://pulse2.com/2009/10/09/dailymotion-raises-22-1-million-adding-up-to-total-of-65-6-million/ http://pulse2.com/2009/10/09/dailymotion-raises-22-1-million-adding-up-to-total-of-65-6-million/#comments Fri, 09 Oct 2009 20:44:05 +0000 Amit Chowdhry http://pulse2.com/?p=21201 Continue reading →]]> dailymotion-logo
Earlier today I wrote about one video company buying another in order to compete further with YouTube. To be honest, I had never heard of Motionbox or Viddyou, but one YouTube competitor I have heard of is DailyMotion. DailyMotion has just raised $22.1 million giving them a total of $65.6 million.

DailyMotion is based in France and specializes on both independent films along with user-generated movies. DailyMotion CEO Cedric Tornay said that the funding will be used to strengthen the balane sheet and fund the growth of the company. DailyMotion’s revenue is expected to grow about 50% this year and they are profitable.

That is Impressive for a website that spends tons of money on bandwidth and storage. YouTube reportedly costs Google $2 million per day to keep alive.

The investors in this round of funding includes Atlas Venture, AGF Private Equity, Advent Venture Partners, and Partech International.

]]> http://pulse2.com/2009/10/09/dailymotion-raises-22-1-million-adding-up-to-total-of-65-6-million/feed/ 0 Seatwave Raises $17 Million From Accel, Atlas, Mangrove, Fidelity, and Adinvest http://pulse2.com/2009/06/03/seatwave-raises-17-million-from-accel-atlas-mangrove-fidelity-and-adinvest/ http://pulse2.com/2009/06/03/seatwave-raises-17-million-from-accel-atlas-mangrove-fidelity-and-adinvest/#comments Wed, 03 Jun 2009 21:46:07 +0000 Amit Chowdhry http://pulse2.com/?p=16034 Continue reading →]]> seatwave-logo
Seatwave is a European startup that sells secondary tickets over the Internet.  Given that this is a huge market, the company has attracted $17 million in Series D funding.  This round of funding was led by Accel Partners and Atlas Venture.  Other investors in this round of funding Mangrove Capital Partners, Fidelity Ventures, and Adinvest.

GP Bullhound named Seatwave the fast growing digital media company.  Joe Cohen, a former employee of Atlas Venture founded Seatwave.  Through this round of funding, the company has raised a total of $53 million.

[via TechCrunch]

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