Tag Archives: Union Square Ventures
Etsy Raises $40 Million In Series F
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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Zynga Expected To Raise Between $850 Million and $1.15 Billion In IPO
Zynga has filed documents with the SEC this morning which indicates that they are planning on raising between $850 million and $1.15 billion in their public offering. This is about $15 million more than their previous estimates.
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Blog Service Tumblr Raises $85 Million
Tumblr is a popular blogging service that has raised $85 million in a new round of funding. Tumblr is best known for simple blogging tools to post photos, videos, songs, etc. The investment in this round was led by Greylock Partners. Insight Venture Partners, the Chernin Group, Richard Branson, Spark Capital, Union Square Ventures, and Sequoia Capital also participated in this round.
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Skillshare Raises $3.1 Million From Union Square Ventures and Spark Capital
Skillshare is a P2P learning company that has raised $3.1 million in funding from Union Square Ventures and Spark Capital. Skillshare is a platform that can help turn anyone into a teacher. Users can offer their own offline classes based on their skill. Skillshare takes 15% of the revenue.
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Turntable.fm Now Valued At $37.5 Million After Last Round Of Funding
Turntable.fm has raised $7.5 million in funding from Union Square Ventures. Now the company is valued at $37.5 million. Turntable.fm is a spin-off from the barcode scanner company Stickbits. Turntable.fm is a bunch of listening rooms where members can set up or join rooms where they can play music for each other, chat, and vote on each other’s selections. [BusinessInsider]
Categories Turntable.fm, Union Square Ventures
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Turntable.fm Raises $7.5 Million from USV
Betabeat reports that the rapidly-popular music service Turntable.fm has found an investor in Union Square Ventures. The company is reported to have raised about $7.5 million, having chosen an investment from Union Square-based USV instead of the west coast’s Kleiner Perkins or Accel. It’s possible that other investors from the founders’ other startup Stickybits may join in the funding, including First Round Capital, Lowercase, Polaris, Chris Sacca and Mitch Kapor.
Kickstarter Raises $10 Million From Union Square, Betaworks, and Angel Investors
Kickstarter is a New York based startup company that helps projects raises money. Kickstarter has raised $10 million in funding from Union Square Ventures, Betaworks, and several angel investors. Kickstart takes a commission from each funded project. One of the most noteworthy projects that Kickstarter funded is a Robocop statue for the city of Detroit. [BusinessInsider]
Categories Betaworks, Kickstarter, Union Square Ventures
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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]
Stack Overflow Raises $12 Million
Question and answer website Stack Overflow has raised $12 million in funding and has launched a career website. The $12 million Series B funding round was provided from new investors Index Ventures and Spark Capital. Union Square Ventures also participated. Stack Overflow has also been renamed to Stack Exchange Inc. [GigaOM]