PodTech purchased by ViewPartner for less than half a million, ending a bloody story
Updated, including the full press release, below the article.
PodTech, a company that publishes online and downloadable videos about new technology, has been sold — for less than half a million dollars, I’ve learned — to ViewPartner, a communications technology company.
This is sad. In… Continue Reading
Facebook roundup: Hedge funds invest $500 million, and more
[See update; a good source tells VentureBeat this story isn't true, no deal has been closed]
Two un-named hedge funds may have invested $250 million each into Facebook, according to Forbes blogger Elizabeth Corcoran.
These deals apparently happened in tandem with the $240 million that… Continue Reading
Surprise: chief executives out at Podtech, Technorati
The chief executives of PodTech, a tech-news company, and Technorati, a blog search engine, separately announced their departures today — neither move is unexpected from these formerly high-flying companies
Both launched a couple of years ago, when the promise of podcasting and blogging were exciting… Continue Reading
Podtech takes on more debt — but must decide whether fish or fowl
updated
Plenty is being written about the woes of podcast company Podtech.
Now the company tells us it is taking on more debt, and will be making an announcement soon. This follows a recent $2 million round of fresh capital reported last week.
Podtech, a… Continue Reading
Two more video companies: National Banana, RockinCat
Silicon Valley’s venture capitalists continue to pump money into new video companies, even though there are hundreds, if not thousands, of video sites already out there.
The latest include National Banana, a site that produces serial comedy videos, and RockinCat, music videos from the Sunset… Continue Reading
PodShow raises $15M more for….podcasting. Yikes!
Podshow, a company that promotes podcasts and finds sponsors for them, has raised $15 million more in a second round of venture capital from its big-name investors, following up on $8.85 million in a first round last summer.
Dan Primack has the scoop.
This is,… Continue Reading
Dogster raises $1M to expand — Woof! — but it’s not about the dogs
About a year ago, Dogster, the social networking site for dogs, made some eyebrow-raising news: It had turned profitable.
Now Dogster has raised a round of $1 million from a group of accomplished “angel” investors, to help it step on the gas.
In talking with… Continue Reading