Tag Archives: RRE 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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Quirky Raises $16 Million
Crowdsourcing product development social network Quirky has raised $16 million in funding. Investors include Norwest Venture partners and RRE Ventures. The site connects inventors and entrepreneurs with participants who collaborate to help create a successful product. Quirky is also the subject of a reality series slated to air on the Sundance Channel at the end of August. [TechCrunch]
Social Media Platform Company SocialFlow Raises $7 Million
SocialFlow is a social media platform company that teaches brands how to use Twitter in effective ways. SocialFlow uses data analysis to help brands come up with what kind of tweets to send out. SocialFlow has some solid revenues and shows evidence of long-term growth. This is why investors have put $7 million into the company in a Series A round of funding.
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Mobile Messaging Startup Kik Interactive Raises $8 Million In Series A
Mobile messaging startup company Kik Interactive has raised $8 million in Series A funding from RRE Ventures, Union Square Ventures, and Spark Capital. Fred Wilson (Union Square) and Adam Ludwin (RRE) are joining the Kik board of directors as a result of the funding. Kik Messenger launched in October 2010 and it works similarly as the BlackBerry Messenger (BBM). After downloading Kik, the app will scan your contacts and let you know which of your friends have Kik. Kik hit about 1 million users within the first 15 days of launching to the public. Today Kik has over 3 million users. [Kik Press Release]
Solvate Raises $4 Million In Series B
Solvate is a company where employers and professionals collaborate in the cloud. The company has raised $4 million in Series B funding from Michael Paolucci, RRE Ventures, and DFJ Gotham. Solvate raised a total of $6.3 million in funding. Solvate is basically a Talent Search engine to match companies with consultants and freelancers. Solvate plans on using the funding to enhance the user interface and expand their client portfolio. [TechCrunch]
Categories DFJ Gotham, Michael Paolucci, RRE Ventures, Solvate
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AdaptiveBlue Raises $6 Million From Time Warner, Union Square, and RRE
AdaptiveBlue, the company behind the social recommendations application GetGlue, has raised $6 million. According to the SEC filing, AdaptiveBlue raised the funding from Time Warner, RRE Ventures, and Union Square Ventures.
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Categories AdaptiveBlue, RRE Ventures, Time Warner, Union Square Ventures
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Online Dating Service HowAboutWe Raises $3.1 Million
HowAboutWe is an online dating service that has raised $3.1 million in a series A round of funding. The series A round of funding was led by RRE Ventures. HowAboutWe is different in the sense that it encourages actual dates instead of online activities like web-cam meetings. HowAboutWe will be using the funding to build additional staff. Other investors in this round include Founder Collective, LaunchTime, Josh Kushner, George Kliavkoff, and several other angel investors. [BusinessInsider]
Bit.ly Raises $8.9 Million In Series B Financing
Popular URL shortening and analytics service Bit.ly has raised $8.9 million in Series B financing. This round of funding was led by AOL Ventures and RRE Ventures. Existing investors include Betaworks, O’Reilly Alpha Tech Ventures, Founders Fund, and SV Angel. Every day about 200 million Bit.ly short links are clicked on through Twitter and other services. Even though Bit.ly is no longer the default URL shortening service for Twitter, the traffic continues to grow for the service.
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BuzzFeed Raises $8 Million From RRE Ventures, Ron Conway, Chris Dixon, Others
BuzzFeed is a New York-based website that has raised $8 million from RRE Ventures, Ron Conway, and Chris Dixon. BuzzFeed raised a $3.5 million Series A in 2008 from Hearst, Softbank, and Ken Lerer — who all participated in this round also. BuzzFeed founder Jonah Peretti was also one of the founding partners in The Huffington Post.
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Categories BuzzFeed, Chris Dixon, Ron Conway, RRE Ventures
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Xobni Raises $16.2 Million
Xobni, the company that built a social media platform around Microsoft Outlook has raised $16.2 million in funding according to a filing with the SEC. Khosla Ventures and RRE Ventures led the round of funding in the company. Xobni shows your Facebook, LinkedIn, and Hoover’s contacts within Outlook and can reveal past attachments from contacts. Xobni recently launched an email app for the BlackBerry too. Xobni previously raised $15 million from Y-Combinator, Khosla Ventures, Cisco, First Round Capital, Baseline Ventures, BlackBerry Partners Fund, and Atomico Investments. Will Posterous of RRE Ventures has joined as a new board of director as Xobni. [VentureBeat]
Categories Khosla Ventures, RRE Ventures, Xobni
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