Pulse2 Technology and Social Media News » Richard Jalichandra http://pulse2.com Sun, 27 May 2012 18:16:46 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Technorati Replacing CEO Richard Jalichandra with Former SVP Shani Higgins http://pulse2.com/2011/05/12/technorati-replacing-ceo-richard-jalichandra-with-former-svp-shani-higgins/ http://pulse2.com/2011/05/12/technorati-replacing-ceo-richard-jalichandra-with-former-svp-shani-higgins/#comments Thu, 12 May 2011 20:22:09 +0000 Amit Chowdhry http://pulse2.com/?p=46949 Continue reading →]]>
Blog search engine and ad network company Technorati has appointed Shani Higgins as the new CEO. Shani Higgins will be moving up from an SVP and general manager role up to CEO. Shani is replacing Richard Jalichandra, who is now becoming executive chairman.

Abderrezak Kamel will be moved into the chief technology officer role at Technorati. Technorati is ranked as the 14th largest media company in the U.S. Higgins joined Technorati in October 2007 and headed up lead strategy and advertising sales. Technorati’s Media advertising network is now on 3,000 websites and reaches around 183 million people. Technorati had doubled revenue in the last year and hit profitability in 2010.

[VentureBeat]

]]> http://pulse2.com/2011/05/12/technorati-replacing-ceo-richard-jalichandra-with-former-svp-shani-higgins/feed/ 0 Technorati Raises $2 Million In Series D http://pulse2.com/2009/10/18/technorati-raises-2-million-in-series-d/ http://pulse2.com/2009/10/18/technorati-raises-2-million-in-series-d/#comments Sun, 18 Oct 2009 05:20:52 +0000 Amit Chowdhry http://pulse2.com/?p=21508 Continue reading →]]> Picture 1
Technorati is a blog search engine and ranking system. The company raised $30 million in the first three rounds and now they have raised an additional $2 million in Series D. The investors involved include Draper Fisher Jurvetson and Mobius Venture Capital. This investment is an extension of a previous Series D financing round of $7.5 million. The actual Series D began in June 2008.

Based on this investment, Technorati is now valuated at over $35 million. The company is rumored to be planning to raised additional funding through commercial debt. Technorati redesigned their website recently.

Technorati CEO Richard Jalichandra said that this round of funding will help get them to profitability. Technorati receives about 25 million monthly unique visitors and provides advertisements to about 450 websites including social networks and blogs.

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