At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in our “Funding daily” column.
Microsoft puts $300M in Barnes & Noble Nook subsidiary
Hoping to fight off the Amazon Kindle, Microsoft invested $300 million in Barnes & Noble’s new Nook subsidiary. The deal gives Microsoft significant stake in the ebooks market.
Custom Made raises $4 million
Custom Made, an online marketplace for hand-made goods, has raised $4 million. The website connects you with artisans-for-hire that will make you custom jewelry, furniture, clothing, and art. Google Ventures led the round.
Simulmedia grabs $6M
Advertising analytics for television company Simulmedia has raised $6 million. Using data from set-top boxes, such as a Roku Box or an Apple TV, to create targeted ads for TV watchers. Existing investors Avalon Ventures, Union Square Ventures and Time Warner Investments led the round.
SaaS Capital launches $22.5 million fund
Saas Capital, a debt financing venture capital firm for cloud companies, has launched a new $22.5 million fund. The fund will be used to provide senior debt loan to SaaS companies with more than $3 million in revenue.