For a video-sharing site known as 5min, there’s good news and bad news. The good: it just brought in $5 million through a round of funding. The bad: about half of it is now owned by investors.
FiveRuns Receives $6.2 Million In Funding
It would have been more fitting (in terms of alliteration) if FiveRuns had gotten around $5 million in funding. Instead, the company, which works with Ruby on Rails, did especially well and took in $6.2 million.
Dopplr Social Network Finds Funding
Dopplr, a social network for travelers, is getting a lot of attention; although it’s in an invitation-only mode, there have been plenty of positive reviews. What’s also important, however, is the attention it’s received from some investors.
Wis.dm Wins $5 Million In Funding
I considered opening this article with a yes or no question, but the idea didn’t appeal to me all that much. Still, if you’d like to pose – or answer – such questions, North Bridge Venture Partners just contributed somewhat less than $5 million to a site that’ll allow you the opportunity: Wis.dm.
CafeMom Mops Up $5 Million In Funding
As tradition would have it, Facebook’s for college students and LinkedIn’s for professionals. But what about mothers? Yes, mothers can of course be both college students and professionals, but in any case, there’s CafeMom, and for CafeMom, there’s $5 million – the social networking site just had a successful round of funding.
Hotswap Gets Funding From Wozniak
Hotswap says that “seeing is believing,” and, to a point, I agree; Hotswap lets people post videos to sell their used cars, which is far better than a picture or 15-word newspaper blurb. Now, with the support of Steve Wozniak, the site may be in a good position to take off.
iCrossing Receives $62 Million In Funding
Companies routinely receive three, five, or even ten million dollars in various funding rounds; reporting on it kind of dulls you to those huge amounts. But iCrossing, a “global digital marketing company,” has just received $62 million, and that’s definitely worth a closer look.
techTribe Takes In Funding
On its home page, Canaan Partners volunteers information about a new managing director. It also advertises a $3 million investment round in iYogi. But what we’re interested in is techTribe’s funding, and on that subject, Canaan didn’t share a lot of specifics. Oh, well – we have managed to piece a few things together.
Going.com Receives $5 Million In Funding
If you haven’t heard of Going.com, don’t feel left out – the events-driven network is only targeted at young people in Boston, San Francisco, Chicago, and New York, so I’m betting a lot of folks remain unaware of it. That may soon change, however, because Going.com just received $5 million in funding.
Hi5 Helped By $20 Million In Funding
In the past week, there have been eight Murdok stories with the word “Facebook” in the title and five involving “MySpace.” “Hi5” has, as far as I can tell, never been the subject of an article. But in what’s definitely a noteworthy event, that social network just got $20 million.