Amit Chowdhry | December 7, 2011 | 301 views | Add a Comment
Categorized under Amazon, Amazon.com, Code Advisors, JPMorgan Chase and Co., LivingSocial, Revolution Ventures, U.S. Venture Partners

LivingSocial has raised $176 million in a private offering according to an SEC filing. Investors in this round include Amazon.com, U.S. Venture Partners, and Steve Case’s Revolution Ventures. Code Advisors and JP Morgan oversaw the deal and made $5 million in the process. LivingSocial offered $400 million worth of stock and sold a portion of it. About $224 million of stock still available. The final $224 million is expected to be bought in the next several weeks or months. This round of funding will be used for operations and expansion such as setting up a new company headquarters. [BusinessInsider]
Amit Chowdhry | March 14, 2011 | 526 views | Add a Comment
Categorized under Revolution Growth, Revolution Ventures, Steve Case, Ted Leonsis

AOL co-founder and former CEO Steve Case and Revolution Money Chairman Ted Leonsis is raising a $400 million growth equity fund. Both were top execs at AOL in the 1990s and now they are making pitches in New York for a new investment vehicle called Revolution Growth. Revolution Growth will be a part of Steve Case’s company called Revolution. Former AOL executive Donn Davis will be the third partner in Revolution Growth. [AllThingsD]
Amit Chowdhry | February 14, 2011 | 886 views | 2 Comments
Categorized under Accel Partners, Bill Gross, Iain Dodsworth, Index Ventures, Jim Breyer, Revolution Ventures, TweetDeck, UberMedia

UberMedia has raised $17.5 million in a round of funding led by Accel Partners with participation from Index Ventures and Revolution Ventures. This puts UberMedia’s valuation at about $40 million. Index Ventures. Over the weekend, Ubermedia also acquired TweetDeck for $30 million in cash and equity. UberMedia head Bill Gross and TweetDeck founder Iain Dodsworth are focused on building businesses within the Twitter ecosystem. Jim Breyer of Accel will be joining the UberMedia board of directors. Below is the funding press release:

Amit Chowdhry | January 6, 2010 | 1,372 views | Add a Comment
Categorized under Cisco Systems, Cisco Systems Inc., Dan Scheinman, Founders Fund, Polaris Venture Partners, Quantcast, Revolution Ventures, The Founders Fund
Quantcast, a website that monitors stats for websites announced earlier this week that they have raised $27.5 million. Cisco Systems is the leader investor in Quantcast. Quantcast competes with Alexa and Compete.com. Quantcast plans to use the funding to expand their advertising platform.
“Quantcast’s approach and technology for delivering high-value, targeted advertising aligns with the needs of Cisco’s customers, from service providers to media companies and ultimately consumers,” stated Cisco SVP and general manager of Media Solutions Group Dan Scheinman. Other investors include Polaris Venture Partners, The Founders Fund, and Revolution Ventures.
Amit Chowdhry | July 7, 2009 | 1,602 views | Add a Comment
Categorized under Allen & Company, Founders Fund, Polaris Venture Partners, Quantcast, Revolution Ventures, The Founders Fund

Analytics company Quantcast is seeking a $50 million round of funding which would put them at a $300 million valuation according to PEHub.
The company is rumored to have received several term sheets, but the identities of the investors is not yet known. Quantcast monitors the traffic and demographics of about 10 million web sites and they are finding ways to monetize the service through a Media Program. The Quantcast Media Program gives advertisers the ability to select the audience they want to reach by having access to demographic information.
So far Quantcast has raised $25 million in total funding. Allen & Company invested $20 million Series B in 2007. Other investors include the Founders Fund, Polaris Venture Partners, and Revolution Ventures.