Pulse2 Technology and Social Media News » Deep Fork Capital http://pulse2.com Sat, 26 May 2012 21:27:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Moblyng Raises $1 Million http://pulse2.com/2010/02/19/moblyng-raises-1-million/ http://pulse2.com/2010/02/19/moblyng-raises-1-million/#comments Fri, 19 Feb 2010 07:42:52 +0000 Amit Chowdhry http://pulse2.com/?p=26028 Continue reading →]]>

Moblyng is a Redwood City, California based startup company that develops slideshows and mobile platforms.  According to SEC documents, the company has raised $1 million from unknown sources.  Previous investors include Mohr Davidow Ventures and Deep Fork Capital.  Moblyng has raised about $9 million thus far. [VentureBeat]

]]> http://pulse2.com/2010/02/19/moblyng-raises-1-million/feed/ 0 Amie Street Raises $3.9 Milllion In Series B Funding http://pulse2.com/2009/10/09/amie-street-raises-3-9-milllion-in-series-b-funding/ http://pulse2.com/2009/10/09/amie-street-raises-3-9-milllion-in-series-b-funding/#comments Fri, 09 Oct 2009 18:44:00 +0000 Amit Chowdhry http://pulse2.com/?p=21195 Continue reading →]]> amiest-logo
Amie Street is a music website made for indie artists. The company has recently raised $3.9 million in Series B funding, led by Deep Fork Capital. This investment includes the conversion of a bridge note from Deep Fork. According to TechCrunch, three other undisclosed venture capital firms were involved in this round of funding.

This new round of funding will be used for new product development said CEO Joshua Boltuch. The company also recently made a licensing deal with Sony Music. There are over 1.5 million songs available for download on Amie Street as of right now. Amie Street’s first round of funding was provided by Amazon.com.

Amie Street initially has songs available for free and then the price increases in price when more people download them. About a year ago Amie Street acquired a music search engine called Songza.

]]> http://pulse2.com/2009/10/09/amie-street-raises-3-9-milllion-in-series-b-funding/feed/ 0 Moblyng Raises $2.65M And Partners With Playdom http://pulse2.com/2009/05/19/moblyng-raises-2-65m-and-partners-with-playdom/ http://pulse2.com/2009/05/19/moblyng-raises-2-65m-and-partners-with-playdom/#comments Tue, 19 May 2009 20:24:19 +0000 Amit Chowdhry http://pulse2.com/?p=30549 Continue reading →]]>
Moblyng announced recently that they have partnered with Playdom as a partner. The company also raised $2.65 million in funding from existing investors Mohr Davidow Ventures and Deep Fork Capital.

Moblyng’s platform is working on allowing developers to quickly create the same game across multiple mobile app stores — including Palm, the iPhone, and Android. Moblyng is working with Playdom to release their games on the WebOS, BlackBerry, Symbian, and Android.

Moblyng is also working with social gaming company LOLapps and Latino social network QuePasa. Moblyng gets a revenue percentage from partner title sales.

Moblyng has had about 5 million downloads of their games in the past this year. Moblyng raised a total of $10.65 million and has about 25 employees. [VentureBeat]

]]> http://pulse2.com/2009/05/19/moblyng-raises-2-65m-and-partners-with-playdom/feed/ 0 WePlay Receives $8.6 Million Series B From Investors That Include Derek Jeter, LeBron James, and Peyton Manning http://pulse2.com/2008/08/05/weplay-receives-86-million-series-b-from-investors-that-include-derek-jeter-lebron-james-and-peyton-manning/ http://pulse2.com/2008/08/05/weplay-receives-86-million-series-b-from-investors-that-include-derek-jeter-lebron-james-and-peyton-manning/#comments Tue, 05 Aug 2008 18:28:06 +0000 Amit Chowdhry http://pulse2.com/?p=4346 Continue reading →]]>
It is pretty unique that athletes hedge some of their investments in Web 2.0 startups.  Maybe WePlay will start a new trend because they have received $8.6 million in Series B funding from Deep Fork Capital, FirstMark Capital, Derek Jeter (MLB New York Yankees Captain and Shortstop), LeBron “King” James (NBA Cleveland Cavaliers Small Forward), and Peyton Manning (NFL Indianapolis Colts Quarterback).

This isn’t the first time that these three athletes invested in WePlay.  The three athletes along with Ron Conway provided WePlay with $870,000 in seed capital.  FirstMark Capital, Tony Parker (San Antonio Spurs Power Forward), Brandi Chastain (former San Jose CyberRays soccer player), and Summer Sanders (Olympic swimmer gold medalist) participated in WePlay’s $3.5 million Series A round.

WePlay is a niche social network with a heavy focus on youth sports.  WePlay features include calendars, groups, profiles, tournament and camp tracking, photo and video uploading, and blogging.

WePlay was founded by Steve Hansen, the former CFO and COO of Yahoo!’s GeoCities.  Rick Heitzmann, the Chairman of WePlay and Managing Director at FirstMark Capital, stated that he wants WePlay to become “the operating system of you sports.”

Related Links:
1. WePlay
2. WebWare
3. TechCrunch

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