Tag Archives: Rho Ventures
GetGlue Hits 2 Million Users and Raises $12 Million
GetGlue is a mobile social networking company that has raised $12 million in a new round of funding led by Rho Ventures. Existing investors Time Warner, RRE Ventures, and Union Square Ventures also participated in this round of funding. GetGlue previously raised $6 million in November 2010. GetGlue launched in 2008 and has been constantly evolving. Currently GetGlue is a “check-in” application for TV shows, books, movies, etc. Users can interact with other people that are reading, watching, thinking about the same thing.
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Clean Urban Energy Raises $7 Million
Chicago-based Clean Urban Energy has raised $7 million for their energy-efficient office buildings. CUE claims their technology can lower a building’s energy expenses by 15-30%. The company’s funding for this round comes from Battery Ventures and Rho Ventures. Battery’s Jason Matloft and Rho’s Joshua Ruch are now joining CUE’s board of directors. [TechCrunch]
MyBuys Raises $20 Million In Third Round Of Funding
MyBuys is a a service that helps online retailers based on past preferences and behaviors. MyBuys gives product recommendations across multiple channels on websites, display ads, product alerts, direct mail, and mobile devices. MyBuys has raised a $20 million third round of funding led by Rho Ventures and participation from Lightspeed Ventures and Palomar Ventures. MyBuys plans on using the funding to accelerate the adoption and development of its personalization services.
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Categories Lightspeed Ventures, MyBuys, Palomar Ventures, Rho Ventures, Robert Cell
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Tapjoy Raises $21 Million Led By Rho Ventures
Tapjoy, the company formerly known as Offerpal, has raised $21 million in funding from Rho Ventures. Tapjoy is recouping from bad PR after TechCrunch exposed them for misleading users to fill out online offers in exchange for virtual currency. Tapjoy recently announced a new product to help developers distribute applications across multiple platforms. Tapulous, Glu, and Playdom are a few of Tapjoy’s 5,000 develop partners. Tapjoy now has a total of $40 million in funding. [paidContent]
Categories Offerpal Media, Rho Ventures, Tapjoy
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TOTSY Raises $5 Million Series A
Travel Ad Network Raises $15 Million In Series C
Travel Ad Network is an advertising network that focuses on travel content. Travel Ad Network works with about 300 travel websites including Lonely Planet and Hawaii.com. Their network reaches about 20 million unique U.S. visitors per month. Travel Ad Network’s revenue has increased 30% over this past year. To keep growing their network, the company has raised $15 million in a third round of funding. This round was led by StarVest Partners. Other investors in this round include Rho Venture and Village Ventures. [paidContent]
ChaCha Raises $20 Million
ChaCha is a mobile Q&A service that has raised $20 million. This brings the company’s total funding to about $72 million. This round of funding was led by Rho Ventures and VantagePoint. This money will be used for additional company growth. ChaCha receives about 15 million monthly unique visitors per month between their online and mobile platforms. [AllThingsD]
Categories ChaCha, Rho Ventures, VantagePoint Venture Partners
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Social Business Application Company 7 Degrees Raises $6.8 Million
7 Degrees is a start-up company that builds social business applications. One of their flagship products is called PeopleMaps. 7 Degrees has raised $6.8 million in Series B funding from Rho Ventures, vSpring Capital, and Parkview Ventures. The company has raised a total of $8 million thus far.
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Publisher Ad Network NetShelter Raises $15 Million
Publisher ad network NetShelter is an advertising network that powers ads for websites such as MacRumors.com, SlashGear.com, CrackBerry.com, etc. has raised $15 million in a second round of funding. NetShelter’s network saw about 133 million unique visitors this August.
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Vidyo Raises $25 Million From Four Rivers, Rho, Sevin Rosen, and Star Ventures
Video conferencing company Vidyo has raised $25 million in Series C funding led by Four Rivers Group, Menlo Ventures, Rho Ventures, Sevin Rosen Funds, and Star Ventures. Vidyo has raised a total of $63 million since they started in 2005. About a year ago Vidyo raised $15 million. The additional funding will go towards expanding their sales and marketing efforts. [NewTeeVee]
Categories Four Rivers Group, Rho Ventures, Sevin Rosen Funds, Star Ventures, Vidyo
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