Dan Primack
eBay today announced that it was taking a $1.43 billion impairment charge related to its 2005 acquisition of Skype. This includes a $900 million reduction in goodwill and $530 million paid to prior Skype shareholders, as part of an earn-out arrangement that originally had been worth up to $1.5 billion. In other words, eBay has […]
No one ever said funding a telecom infrastructure company was cheap. We haven’t had too many examples post-2002, save for Optasite – a wireless tower owner and operator that today announced $85 million in new funding. That brings its total to over $330 million, and prompted whispers that liquidity could be in the cards for […]
What follows is a set of VC funding items culled from recent Regulation D filings with the SEC. None of these deals has been otherwise announced: * Xoom Corp., a San Francisco-based provider of online-to-offline international money transfer services, has raised $20.29 million in Series E funding. DAG Ventures led the deal, and was joined […]
Domain name aggregator Demand Media has raised $100 million in third-round funding, peHUB has learned. The Santa Monica, Calif.-based company has now raised $320 million since being founded just 18 months ago, including earlier infusions of $120 million and $100 million. Goldman Sachs is the big new investor coming in this time around, with return […]
NebuAd today will announce that it has raised around $20 million in Series B funding, from Menlo Ventures and return backer Sierra Ventures. So peHUB has five questions for Bob Dykes, CEO of NebuAd and former CFO and executive of biz ops for Juniper Networks: 1. NebuAd refers to itself as the “first consumer-centric behavioral […]
What follows is a set of VC funding items culled from recent Regulation D filings with the SEC. None of these deals has been otherwise announced: * CardioMEMS Inc., an Atlanta-based developer of wireless medical pressure sensors, has called down $23.28 million of a $31.5 million Series D round. The deal comes four months after […]
Should venture capitalists invest in ideas or people? Business plans or management? It may sound like the VC version of chicken versus egg, but some empirical research says to place your bet with the horse (company) rather than with the jockeys (management). That would mean Don Valentine is right and Arthur Rock is wrong, although […]
Earlier this month, I wrote that we were just weeks away from an important “triple-digital” cleantech VC deal. Unfortunately, I couldn’t say more, because the information was dispensed to me while both me and my source had beers in our hands (which I treat as a confidential condition). But the round officially closed yesterday, so… GreatPoint Energy […]
Zink Imaging is one of the Boston area’s most promising startups, and peHUB has learned that it just raised a large round of institutional funding. Actually, change that to read: peHUB has learned that Zink finally raised a large round of institutional funding. Zink had been in talks more than a year ago for a $70 million round to be […]
What follows is a set of VC funding items culled from recent Regulation D filings with the SEC, with some peHUB research sprinkled in. None of these deals has been otherwise announced (save for the last one): * Click Tactics Inc., a Waltham, Mass.-based provider of online services for direct marketing programs, has raised $36.71 […]