Quantcast THE WEEKLY MONEY TRAIL-6/20/2008 | Black Web 2.0

THE WEEKLY MONEY TRAIL-6/20/2008

San Francisco, Mochi Media Makes $10M To Monetize Games
With plans to build out its infrastructure to meet demand from game developers for its ad platform, Mochi Media Inc. has raised a $10 million Series B round of funding.
http://www.mochimedia.com

New York Hanger Network Racks Up $10M More
Hanger Network In-Home Media Inc., which distributes ads, coupons and promotional materials on biodegradable coat hangers, has racked up another $10 million from venture investors.
http://www.hangernetwork.com

Seattle, Cozi Gets Cozy With Gannett
Cozi Group Inc., a Web-based service geared toward organizing schedules and other aspects of family life, has received a third round of unspecified funding led by Gannett Co.
http://www.cozi.com

Tulsa, Digital Forensics Detects $1M For Legal Compliance
Digital Forensics Professionals Inc., a company that detects and analyzes digital information stored on computers and other devices, has raised a $1 million round of funding.
http://www.okdfp.com

Barcelona NTRglobal Takes
$34M To Go Beyond Europe-with plans to rapidly expand beyond its European base, NTRglobal, a provider of on-demand IT management software, has raised EUR22 million ($34 million) in its latest round of venture capital.
http://www.ntrglobal.com

TxCore, Now TxVia, Raises $8.5M For Prepaid Cards
Prepaid card processing company TxVia Inc., which recently changed its name from TxCore Inc., has raised an $8.5 million Series B insider round of funding.
http://www.txvia.com

Jersey City, Neocleus Grabs $11M For Endpoint Virtualization
Neocleus Inc., a provider of virtualization software for corporate laptops and desktops, has secured $11.4 million in Series B financing.
http://www.neocleus.com

London, Ky.Wazoo Online Sports Broadcasts With $2M
Wazoo Sports Inc. has secured a $2 million round of funding to bring online high school sports broadcast to the masses.
http://www.wazoosports.com

New York, On Deck Capital Secures $100M for small biz loans
With plans to help businesses that wouldn’t typically qualify for loans, On Deck Capital Inc. has added $100 million to its funds available for lending.
http://www.ondeckcapital.com

Santa Monica, Cooking.com heats up online food start up space with $13M
Cooking.com picked up a $13 million round led by Azure Capital Partners. The company sells food- and cooking-related products via its Web site.
http://www.cooking.com

Fujian, China, VCs Sow $24M In Chinese Veggie Grower
China LiNong International Ltd., a Chinese grower of vegetables, has secured a $24 million Series B round led by SIG China Investment One.
http://www.landvchina.com

San Francisco Technorati Scores $7.5M To Launch Ad Network
Blog-search service Technorati Inc. is broadening its business plan by launching an ad network for blogs and social media sites, as well as boosting the community features on its own site.
http://www.technorati.com

New York, VC Firm Redpoint Has Answers With Latest PIPE Deal
In its latest investment in a publicly traded company, Redpoint Ventures has put $4 million into Answers Corp. with the opportunity to purchase $7 million in Series B preferred stock.
http://www.redpoint.com
http://www.answers.com

Beachwood, Ohio, Fleet Tracker SageQuest Finds $3.7M Series D
SageQuest LLC, a global-positioning fleet tracking and management company, has raised a $3.72 million Series D round of funding.
http://www.sage-quest.com

Hillsboro, Ore. SpectraWatt Spun Out From Intel In $50M Deal
Intel Corp.’s venture arm is showing an increased interest in clean technology applications, leading a $50 million investment in SpectraWatt, a solar cell developer spun off from the technology giant.
http://www.intel.com/capital
http://www.solonag.com

Mountain View, Calif. PSS Systems Raises $18M For Doc Management
In order to help global corporations comply with both European and U.S. regulations, PSS Systems Inc. has raised $18 million for its document management tools.
http://www.pss-systems.com

Redwood City, Calif, Open-Source Mobile Co. Funambol Raises $12.5M
Mobile company Funambol Inc., touting its software as “an open-source BlackBerry for the mass market,” has raised a $12.5 million Series B round, the company will now focus its attention on the lucrative Asian OEM’s, and European markets.
http://www.funambol.com

Sausalito, Calif, ImageSpan Tracks $11M For Content Licensing Platform
With an increasing number of start-ups depending on digital content, the licensing of that content is one area that has not yet been automated, creating headaches for the people creating it.
http://www.imagespan.com

Mountain View, Calif. ShotSpotter Locks And Loads $7.5M Series D
Lock and loaded with a new $7.5 million Series D round of funding, ShotSpotter Inc., a company that has developed a gunshot location detection system used by police poice departments and the military, aims its sights at international expansion.
http://www.shotspotter.com

San Mateo, Calif. Jivox Jumps At Quick $10.7M Series A
Three months after announcing a seed funding of $3.6 million, Jivox Inc. has closed a $10.7 million Series A for its self-service online video advertising platform for local businesses bringing funding to $14.3M to date.
http://jivox.com

Seattle, Lucid Commerce closes $2.5M Series A
Lucid Commerce Inc., an on-demand business intelligence company, raised $2.5 million Series A round to continue development of the next version of its online commerce platform.
http://www.lucidcommerce.com

Seattle, Trusera Launches With $2M For Health Stories
Keith Schorsch got the idea for his start-up from a tick bite.
http://www.trusera.com

Sunnyvale, Calif. Cortina Adds Home Networking With Storm Buy
Heavily venture-backed Cortina Systems Inc, makers of networking chips, announced an agreement to acquire Storm Semiconductor Inc. to extend its product line into home networking products.
http://www.cortina-systems.com
http://www.stormsemi.com

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