Online ad navigator Linkstorm pulls in $2.8M
Linkstorm, a New York-based company that provides linked cascading menus to online ads (think expanding banners), has raised $2.8 million in a fourth round of capital, adding to its more than 150 investors with names like Rick Braddock, former chief executive of Priceline.com and FreshDirect, and Donn Rappaport, chairman of the Direct Marketing Association for 2008.
Linkstorm will use the round to grow its sales operations and continue product development. It previously raised $9 million, according… Continue Reading
Roundup: Planet Google crowded, Verizon backs off, and more
Here’s the latest action:
1) Google facing employee overload
2) Verizon Wireless abandons legal challenge of FCC rules
3) Qualcomm comes up with competition for WiMAX
4) Could Yahoo finally be giving up social networking?
5) Google’s PageRank changes injure startups, again
And a handful of fundings:
6) Linkstorm raises $4.2 million from 60 angels
7) JibJab takes a further $3 million from Polaris
Zoji receives $1.5 million in seed funding
9) Socialthing raises $300,000 for profile aggregation
Google facing employee overload — Google may be overstocking… Continue Reading