Archive for the ‘Prime Technology Ventures’ Category

SellaBand Gets Funding To The Tune Of $5 Million

Amit Chowdhry | April 8, 2008 | 535 views | Comments
Categorized under , ,

Sellaband Logo
SellaBand is a Dutch music website that announced that they have raised $5 million in funding.  Prime Technology Ventures is the European venture capital fund that provided Sellaband their funding.  Sellaband allows users to buy shares in independent bands and then harvests these funds to help artists record music.  Sellaband will use the funding to expand their marketing and technology.

Sellaband opened a New York office last year and has helped funding 18 artists in 11 different countries since then.  Sellaband also recently signed a deal with Amazon.com UK and Heineken.  Heineken will sponsor Sellaband’s music events.

Slicethepie, another European music website raised $2 million in funding recently.

eBuddy Raises 6.5 Million Euros (Approx. $9.62 Million)

Amit Chowdhry | February 4, 2008 | 1,243 views | Comments
Categorized under ,

eBuddy Logo
eBuddy, a multi-network web messenger announced today that they have raised €6.5 million in Series B led by Prime Technology Ventures. eBuddy’s biggest competitor is Meebo.   However, eBuddy launched in 2003 and Meebo launched in 2005.   Both companies have roughly the same amount of traffic at close to 5 million uniques per month.

eBuddy messaging platforms supported includes AIM, MSN, MySpace messaging, Google Talk, and Yahoo! Messenger. Conveniently, eBuddy’s multi-network system works on the Sony Playstation Portable.   eBuddy previously raised €5 million in Series A.

In order to make eBuddy more universal, languages supported include Portuguese (Brazilian), Chinese (Traditional), Chinese (Simplified), Dutch, English, Finnish, French, Hungarian, Italian, Swedish and Vietnamese [Source: eBuddy blog].