Big widget company RockYou raises a mere $1M, to tide it over
updated
RockYou, the Silicon Valley that lets people post photo slide-shows on Web sites, has raised $1 million to tide it over while it decides whether to proceed with a larger financing round or to sell.
The San Mateo, Calif. company is navigating some stormy changes in… Continue Reading
Roundup: VC tax fails, Feedster folds, and more
Here’s the latest [updated] action:
1) NVCA thanks the Senate for blocking VC tax
2) Feedster goes belly-up
3) David Chao is new head of Doll Capital
4) Asian telcos may finally find a US toehold
5) Biofuels could be worse than gasoline
6) TechForward raises financing
7) Facebook blocked in Syria
Senate… Continue Reading
DCM leads $10M investment in PandoraTV, fast-growing Korea video site
PandoraTV, a fast-growing Korean website for viewing and sharing videos, said it has raised a $10 million second round of funding, led by Silicon Valley venture capital firm, DCM.
Existing investors Altos Ventures, STIC International and Saehan, a Seoul-based venture capital group, participated in the round…. Continue Reading