Pulse2 Technology and Social Media News » Maveron LLC http://pulse2.com Sun, 27 May 2012 19:13:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Decide.com Raises $6 Million In Series B http://pulse2.com/2011/04/19/decide-com-raises-6-million-in-series-b/ http://pulse2.com/2011/04/19/decide-com-raises-6-million-in-series-b/#comments Wed, 20 Apr 2011 00:16:04 +0000 Amit Chowdhry http://pulse2.com/?p=46137 Continue reading →]]>
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.

Dan Levitan (Maveron) and Hugh Crean (former Farecast CEO) has joined Decide.com’s board of directors. Ram Shriram (Founding board member of Google) and Erik Blachford (former Expedia CEO) are joining Decide.com as investors. Shriram will be an advisor.

“Maveron is known for supporting the growth of transformational consumer and ecommerce brands including eBay and Groupon, and is a perfect fit for us,” stated Decide.com CEO Mike Fridgen. “We are thrilled to have the guidance of Dan and the rest of the team as we build a product that puts the power of shopping for electronics back in consumers’ hands.”

[Decide PR]

]]> http://pulse2.com/2011/04/19/decide-com-raises-6-million-in-series-b/feed/ 0 Starbucks CEO Howard Schultz Invests In Groupon and Joins The Board http://pulse2.com/2011/02/10/starbucks-ceo-howard-schultz-invests-in-groupon-and-joins-the-board/ http://pulse2.com/2011/02/10/starbucks-ceo-howard-schultz-invests-in-groupon-and-joins-the-board/#comments Thu, 10 Feb 2011 23:36:35 +0000 Amit Chowdhry http://pulse2.com/?p=43560 Continue reading →]]>
Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz has invested in Groupon.com through his investments company called Maveron. As a result, Schultz will also be joining the company board of directors. Maveron’s investment amount was undisclosed.

Groupon recently raised $950 million from Andreessen Horowitz, Battery Ventures, and Kleiner Perkins Caufield & Byers. “We think Groupon is an incredibly exciting, fast-growing company whose product is spot-on to consumers’ needs and has integrated into consumers’ lives throughout the world at an amazingly fast clip,” stated Maveron co-founder Dan Levitan. This is the second time that Maveron made an investment in a later-stage technology company. The first time was with eBay in 1998 before the company went public.

]]> http://pulse2.com/2011/02/10/starbucks-ceo-howard-schultz-invests-in-groupon-and-joins-the-board/feed/ 1 Recent Tech Funding: OnRequest Images, Investopedia, Personal Bee, Rivals.com http://pulse2.com/2007/04/13/recent-tech-funding-onrequest-images-investopedia-personal-bee-rivalscom/ http://pulse2.com/2007/04/13/recent-tech-funding-onrequest-images-investopedia-personal-bee-rivalscom/#comments Fri, 13 Apr 2007 05:50:50 +0000 Amit Chowdhry http://pulse2.com/2007/04/13/recent-tech-funding-onrequest-images-investopedia-personal-bee-rivalscom/ Continue reading →]]> OnRequest Images LogoDollar Amount Involved: $9 Million
From the land that brought you Boeing,
Microsoft and Starbuck’s comes good news for Seattle-based custom imagery website, OnRequest Images. 

The funding came from Menlo Ventures and previous investors, Frazier Technology Ventures and Maveron LLC.  The amount of third round funding is $9 million. 

“Menlo Ventures is proud to lead this round of funding for OnRequest Images”, mentioned Menlo Ventures founder and Managing Dir., H. DuBost Montgomery. ”Having spent 30 years working with companies in the technology and communications industries, I understand the tremendous workflow and productivity improvements OnRequest Images is delivering to corporations. Leveraging its proprietary OnProâ„¢ production technology, which streamlines the complex process of creating, sharing, and managing custom imagery, brand marketers can now have custom brand-aligned image libraries to complete their brand marketing strategies.”

OnRequest Images serves high-end clients in the Fortune 100 and employs 1,600 photographers.  On the OnRequest website, there is a case study of the brand imagery created for T-Mobile.

Investopedia LogoDollar Amount Involved: Undisclosed
Forbes Media, a publication company that is known for publishing lists of the world’s richest powerful men and women, has acquired a Canadian company that owns finance resource website, Investopedia.com.  Investopedia gets over 1.5 million visits and has over 15 million page impressions per month.Investopedia is a guide for Stock Quotes and financial exam certifications such as Series 6, Series 7, Series 63, etc.  Investopedia also has a financial dictionary commonly used by finance professionals.The amount paid for this company was not disclosed.  Investopedia was started in June 1999 by Cory Janssen and Cory Wagner.  There are over 5000 dictionary entries, 1500 financial articles, and 750 tutorials.  Investopedia Inc. is based in Edmonton, Alberta.

Technorati LogoPersonalBee Logo
Dollar Amount Involved: Undisclosed
Yesterday Dave Sifry, founder of Technorati blogged that the company has made their first major acquisition yesterday.  The company that was acquired is Berkeley, Calif. based company, Personal Bee. Personal Bee allows users to create personalized homepages similar to services provided by NewsVine.

Personal Bee previously raised $500K from Mohr, Davidow Ventures (MDV).  Sam Jadallah provided this funding for Personal Bee and believes that the company has found a great partner.  Sam said “Normally we don’t expect such quick exits for our investments, but the fit for Personal Bee and Technorati made enough sense that we agreed.”

 Rivals.com Logo
Dollar Amount Involved: Upcoming Acquisition Rumored at $100 Mill+
Rivals.com is powered by 300 writers and reporters and has more than 85 employees in Tennessee.  Rivals.com has been around since 2001.  Rivals.com had 3.5 billion page views in 2006 and has 2.5 million readers.  Rivals.com is a leading website for basketball and football coverage.The company has raised $75 mill in previous funding.  Jim Heckman was a previous manager at Rivals.com, but then later founded Scout Media.  Scout Media is now owned by Fox Interactive Media.

Rivals.com syndicates content from Yahoo!, AOL, Sports Illustrate.com, MSNBC, USA Today and Sirius.

Yahoo! is rumored to be eyeing the company and quite possibly may wrap up the deal soon.

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