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News & Features Round up of the latest VC news from the past week

Round up of the latest VC news from the past week

Written by Entrepreneur Country on Thursday, 25 November 2010 10:34
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The EC round up of the latest technology and media VC news from the past seven days

Lionside , a developer of social sports games, has raised $1.6 million in a first round of funding, according to a filing with the SEC . Founded in 2009, the San Francisco-based startup launched its first Facebook game, called Lionside Football, in September.
Art.sy, a fine art site which helps users track works of art anywhere from auctions to art galleries, has raised $1.25 million funding from angel investors including Google CEO Eric Schmidt, Twitter creator Jack Dorsey and Wendi Murdoch, the wife of News Corps. founder and CEO Rupert Murdoch.
Socialwise has announced it has raised $3.4 million in new funding to market its pre-paid credit cards geared towards teen spenders.Maxim Group LLC acted as the Placement Agent in connection with the offering.

Scale Computing, a developer and manufacturer of complete, end-to-end midmarket clustered storage solutions, today announced it has secured $17 million in Series C funding. This latest round of funding brings the total raised for the company to $31 million.

Badgeville, a badge system for Web publishers to reward their users for participating on their site has announced a $2.5 million series A funding round. Investors in this round of funding include Maynard Webb (eBay COO), Joe Lonsdale (Palantir Founder), Pejman Nozad, Zain Khan, Felix Investments, and senior execs from PayPal, Chegg, Shopping.com, Drugstore.com, and Warner Music.

Intel Capital, Intel's global investment organization, has announced the completion of no fewer than 18 investments in a range of innovative technology start-ups from 11 countries totaling $77m.

 

Last modified on Thursday, 13 January 2011 14:05
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