Demand Media raises $100M more for domain name land grab
Demand Media, the 18 month old company founded by former MySpace chairman Richard Rosenblatt, has gulped another $100 million chunk of venture funding for its domain name purchases.
The latest funding, led by Goldman Sachs, is the company’s third. The previous two, for $120 million and $100 million respectively, bring the total to a whopping $320 million.
Companies like Demand buy up lists of Web site names that users are likely to accidentally type into their browsers…. Continue Reading
Online marketer Revcube, raises $14M
Revcube, a San Francisco start-up that makes software to improve the relevancy of online marketing, said it has raised $14 million in a third round of funding led by VantagePoint Venture Partners.
Previous investors include Generation Partners and Transcosmos. VantagePoint Managing Director and DoubleClick Founder David Carlick will join the Board of Directors.