Dogster still has its bite despite the downturn
Dogster, the social network for dogs and their owners, just converted $425,000 in bridge funds into additional first-round financing, reports VentureWire. After a profitable 2008, raising a second round isn’t as pressing, the company says — citing a broader trend of success for sites catering to pet enthusiasts.
The San Francisco company, which also operates Catster.com, has enjoyed high advertising CPMs for a while now — with a $2 floor, CPMs on its homepage range from… Continue Reading
IP services provider for small businesses, Telekenex, raises round
Telekenex, a San Francisco provider of Internet Protocol services (such as VoIP, MPLS + Internet, managed ethernet and data center services) to small- to medium-sized businesses, has received a first investment of undisclosed amount.
VentureWire reports the news (subscription required), saying San Francisco-based Walden Venture Capital made the investment