KickApps raises another $14M to build social networks
KickApps, a startup that enables customers to build their own social networks, has raised $14 million in a third round of funding.
As every company in the world tries to add “social” features to their web site, the number of “white label” social network startups has exploded. In April, Ning, perhaps the best-known player in this field, raised another $60 million at a $500 million valuation. So for KickApps, the challenge is two-fold: To stand out… Continue Reading
Synacor throws in the towel on IPO
Digital content provider Synacor Inc. announced yesterday that it withdrew its initial public offering due to unfavorable market conditions. The plan to go public had been in the hopper since August of last year, when the company said it intended to sell 11.6 million shares for an estimated $86 million, and trade on the Nasdaq.
The Buffalo, N.Y. company, which supplies broadband providers with the tools they need to create Internet portals, video players and other… Continue Reading
Service software maker Astadia bags $7M to diversify products
Software-as-a-service company Astadia Inc. announced yesterday that it brought in $7 million in second round financing from new investor North Atlantic Capital and existing investor Kodiak Venture Partners, VentureWire reports.
The Dallas-based company and major SalesForce.com partner develops a variety of management consulting software to streamline areas like customer service, payroll administration and employee incentive programs. It plans to use the funding to continue growing and add to its portfolio of offerings. Currently, Astadia has seven… Continue Reading