Tag Archives: Madrona Venture Group
Rover.com Raises $3.4 Million
Rover.com, the “Airbnb for dogs” has raised $3.4 million. Just like Airbnb is an alternative to staying at hotels, Rover.com helps you find alternatives for dog kennels. Rover.com has expanded nationwide after only being supported in a few markets. Rover.com currently has 9 employees and has raised funding from Madrona Venture Group, CrunchFund, and other angel investors.
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Categories Aaron Easterly, CrunchFund, Madrona Venture Group, Rover.com
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Animoto Raises $25 Million for Video Production Service
Animoto, a video editing software startup, has raised $25 million in funding. Investors include Spectrum Equity Investors, Madrona Venture Group and Amazon. TechCrunch reports that the company has more than 3 million registered users, 100,000 of whom pay for the service. Spectrum’s Ben Spero joined Animoto’s board.
Decide.com Raises $6 Million In Series B
Decide.com, a consumer electronics shopping company in stealth mode, has raised $6 million in a Series B round of funding led by Maveron. Madrona Venture Group and other angel investors also participated in this round of funding. Decide.com has raised a total of $8.5 million in venture capital funding thus far.
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MaxPoint Raises $8 Million To Help Advertisers Target Specific Neighborhoods
MaxPoint Interactive has raised $8 million in an investment round led by Madrona Venture Group. MaxPoint uses point-of-sale data to segment the U.S. into 34,000 different neighborhoods based on the characteristics and interests of the people that live around there. MaxPoint has raised a total of $11 million. [paidContent]
Categories Madrona Venture Group, MaxPoint Interactive
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Cheezburger Blog Network Raises $30 Million
The Cheezburger network of websites include FAIL Blog and LOLcats. The company has raised $30 million in funding led by the Foundry Group, Avalon Ventures, Madrona Venture Group, and SoftBank Capital. Brad Feld (Foundry), Greg Gottesman (Madrona), and Rich Levandov (Avalon) will be joining the board of directors at Cheezburger. I Can Has Cheezburger now has a total of $32.5 million.
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PHP SaaS Company PHP Fog Raises $1.8 Million
PHP Fog is a platform-as-a-service (PHP PaaS) company that has raised $1.8 million in funding from Madrona Venture Group, First Round Capital, Founder’s Co-Op, and several angel investors. According to a press release, PHP Fog is the only company “offering effortless deployment and infinite scaling of PHP applications in the cloud.” PHP Fog has one-click deployments for many PHP application frameworks like WordPress, Drupal, SugarCRM, etc. PHP Fog is currently in private beta, but they expecting to launch in the first half of this year.
Cloud Automation Company Skytap Raises $10 Million
Bain, Khosla, and Madrona Invest $5.3 Million Into AdReady
AdReady is a Seattle-based online advertising company that has raised $5.3 million in funding as noticed on an SEC filing. The VC companies involved in the deal include Madrona Venture Group, Bain Capital, and Khosla Ventures. This round of funding puts the total funding AdReady has at $17.3 million. The company has also hired Steve Singh, Chairman/CEO of Concur as a board member. Hulu CEO Jason Kilar is also on the B.O.D. at AdReady.
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Jambool Raises $5 Million From Madrona And Bay Partners
Jambool is a virtual currency startup company that has a platform called “Social Gold” that works with social networking applications. Jambool has raised $5 million in funding, led by Madrona Venture Group with participation from Bay Partners.
Vikas Gupta, co-founder of Jambool said that the funding will be used to accelerate the growth of the company.
“The last ten months have been a whirlwind for us,” stated Jambool CEO and co-founder Vikas Gupta. “Since we launched Social Gold, we’ve seen virtual goods become the de facto monetization engine for social applications. It has been very exciting to build the platform and tools that power large online, virtual economies and enable a great in-app purchase experience for millions of users on social networks. We are thrilled to partner with Madrona and Bay as we accelerate our product development and distribution.”
Categories Bay Partners, Jambool, Madrona Venture Group, Vikas Gupta
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Madrona Venture Group Invests $6 Million Into BuddyTV
Seattle, Wash.-based, BuddyTV is a television information social network slash listings site slash game site. Â BuddyTV has a large number of users constantly reading their TV show ratings, interviews, etc. Â BuddyTV recently raised $6 million Series B funding from Madrona Venture Group. Â The company previously raised $2.8 million from Gemstar-TV Guide around July 2007.
BuddyTV lists top shows for all you idiot box addicts. Â Top shows include The Amazing Race, America’s Next Top Model, American Idol, Big Brother, Desparate Housewives, Heroes, Step It Up And Dance, Flavor Of Love, etc. Â Each of these shows contain the aforementioned features.
Other companies that Madrona Venture Group invested in includes Amazon, Classmates.com, VacationSpot, Sharebuilder, Photoworks, Farecast, PayScale, and TripHub.
Information Source:
[1] TechCrunch: BuddyTV Raises $6 Million From Madrona Venture Group by Jason Kincaid
Categories BuddyTV, Madrona Venture Group
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