Roundup: File-sharing Pando gets funding, FCC may go after Comcast, Disney expects $1B from online
Here’s the latest action:
File-sharing company Pando Networks raising $20.9M — Pando Networks, a New York file-sharing company that uses P2P software to allow users to download, stream and share large media files quickly, has raised $8.1 million of a targeted $20.9 million round of capital, VentureBeat has learned. The company has gotten positive press coverage for its ability to send very large files, such as high-def video. The round is includes backers Wheatley Partners and… Continue Reading
Roundup: CNET sells Webshots, Comcast not alone, fundings and more
Here’s the day’s action:
1) CNET sells its photo-sharing site Webshots at loss, may be ready to try again
2) Comcast isn’t the only ISP manipulating traffic
3) Apple may lose Warner Music, too
4) Yahoo’s Cammie Dunaway goes to Nintendo
5) Trusted Opinion, social recommendations, raises $1.3 million
6) JackBe, enterprise mashup software, raises $9.5 million
7) EchoSign, electronic signatures, takes $6 million
CNET sells Webshots to American Greeting for $45M – CNET bought Webshots, a photo-sharing site, for $70M in 2004, so the… Continue Reading
Roundup: Dash Navigation, Flock, Greenspan’s tell-all, and more
Here’s the latest action:
1) Dash Navigation opens platform
2) Flock releases new browser, with Facebook in sidebar
3) Patriots successfully sue ticket scalper, StubHub
4) Google’s great quarter: Net income up 46 percent
5) Brad Greenspan’s tell-all essay on MySpace
6) Microsoft releases Popfly, allowing non-geeks to build apps
7) Comcast steps away from Net Neutrality
Dash Navigation opens platform — Dash, you’ll recall is the cool GPS device that you can use in your car, and which will be constantly connected… Continue Reading
Comcast acquires Fandango, the online movie ticket company
Comcast has agreed to acquire Fandango, the LA, Calif. online movie ticket company.
The deal amount was undisclosed.
Fandango raised around $61 million in funding from investors including Accretive Technology Partners, Cinemark, General Atlantic, Lowes and Technology Crossover Ventures.
See Adweek story here.
Facebook takes one more step into video
Facebook and Ziddio.com, the user-generated video site recently launched by giant cable company Comcast, will announce a partnership tomorrow. It will give Facebook users another way to create and share videos.
Users will also be able to submit short videos of their lives, and winners of contests will be featured at Facebook and Ziddio and on Comcast’s ON DEMAND video service. The winners will also be used as the basis for a new television series titled… Continue Reading
Intellon raises $18M from Samsung, Intel & others for broadband via electrical outlets
Intellon Corporation, of Ocala, Florida, which makes chips to enable broadband access via electrical outlets has raised $18 million in financing from Samsung Ventures and a long list of existing investors: BCE Capital, Comcast Interactive Capital, Duchossois Technology Partners, EnerTech Capital, Fidelity Ventures, Goldman, Sachs & Co and Intel Capital.
Skipping the ads? BlackArrow raises $14.75M to defy you
(Updated with Web site URL)
San Mateo start-up BlackArrow has raised $14.75 million to develop a way to insert advertisements in TV and Internet video programming, and it shows the ads even if people try to skip over ads with their DVRs.
It has been secret until now. But this is pretty serious cash for an unknown company. It is, after all, a pretty serious proposition.
Here’s how it works: Take ABC, a network that sells 30-second advertising… Continue Reading