VSocial, a provider of online video services, raises single-digit millions

vSocial, a Tempe, Arizona company that provides a way for companies to host video services on their Web sites, along with social networking components, said it has raised a second round of funding.

 

The round was led by Phoenix-based Biltmore Ventures and previous vSocial investor Consor Capital.  vSocial had previously raised $1.5M.

  
The company says it serves companies like UPS, Disney and Fosters, but is not yet profitable.

 

Social networking site Wallop raises $10M

Wallop, the San Francisco social networking startup that was spun out of Microsoft Research Labs earlier this year, has raised $10 million in venture capital with an ambitious plan to become the latest cool social networking company.

Wallop says here that its features set it apart, but if you go through the list they seem more a listing of best practices we’ve learned over the past year from social networking. If following a recipe is all… Continue Reading