NextMedium sells off product placement assets to Newport Coast
NextMedium, provider of an online platform that allowed advertisers to get their brands into TV shows, movies and web videos, has sold its technology and other intellectual property to Newport Coast Investments. It had been a while since the company raised money, last bringing in $6 million in second-round financing in July 2006.
NextMedium’s system, called Embed, brokered product placement deals and measured the the effectiveness of these advertising campaigns. It had a lot going for… Continue Reading
Send Word Now raises $14M for emergency notifications
Send Word Now, a New York startup that allows organizations to send out mass alerts, has raised $14 million in a fourth round of funding.
The company’s goal is to provide government agencies, universities, nonprofit groups and others with a way to disseminate information, particularly in emergency situations where getting the news out quickly can save lives. For example, Tufts University hired Send Word Now to implement an alert system last year in the wake of… Continue Reading
Channel M raises $6M to provide TV content to retailers
Channel M, which provides content and advertising to around 20,000 retail locations in the United States, has raised $6 million to expand its network and increase ad sales.
The Los Angeles-based company has deals with retailers such as GameStop and Macy’s to provide the material shown on in-store TVs. Channel M acquires movie trailers, music videos and other content, while also producing some footage itself, said CEO David Teichner. In fact, the company has a film… Continue Reading
ITM Software raises $4M more for CIO-focused management software
ITM Software, a Santa Clara, Calif. provider of IT business management software designed for chief information officers, said it has raised $4 million in a fourth round of funding.
The financing round was led by Red Rock Ventures and InnoCal Venture Capital, and also included Ascend Venture Group, Technology Partners, RBC Technology Ventures and Square 1 Bank, among others.
Here’s the announcement.
The company previously raised $28.5 million since 2002.
Tripology, for your far-out vacations
If you want to take an off-beat vacation and have no idea where to turn, consider Tripology. The company, which connects you to travel agents who know the less traveled roads throughout the world, has just raised $1.25 million in its first round of financing.
Travel is one of the more crowded areas of the Internet, filled with upstarts like Sidestep to Kayak, RealTravel, TripIt (to launch this summer) and OpTrip, a new Mountain View, Calif…. Continue Reading
Boxxet offers sites on popular topics
Boxxet is a Burlingame, Calif. company that creates information sites for popular topics, such as the SF Giants — carrying relevant news, blogs and photos.
It has just opened the site to the public, having raised a seed round of $900,000 from New York’s Ascend Venture Group.
It is breaking the rules of Web 2.0, moving away from the trend of relying on user input. The company emerged last year, in testing mode, and we described… Continue Reading
Cisco makes biggest investment in China yet: $50M in CCS
San Jose’s Cisco has invested $50 million in China Communications Services (CCS), a new spin-off from China’s state-run telecom company.
CCS offers all kinds of telecom services to Chinese companies and service providers, including — surprise — digital video.
Cisco, the giant networking company, has been aggressively entering new markets, and video is one part of its strategies. Cisco is not content to settle for taking over the U.S. living-room. It sees many more living-rooms in China…. Continue Reading