Tudou, a Chinese video-sharing site, has just raised 143 million yuan. But because Tudou’s funding was provided by the likes of General Catalyst Partners, and Tudou’s advertisers include companies such as Ford, KFC, and Pepsi, it would probably make more sense for me to state that amount as $19 million.
CarDomain Draws $3 Million In Funding
Have you ever seen a guy reach into his pocket, draw out a twenty-dollar bill, and celebrate “finding” this money? Well, CarDomain.com pulled a similar move today, but on a rather grander scale – $3 million came out of founder Alex Algard’s pockets.
Lijit Receives $3.3 Million In Funding
Blog search is getting better – or at least richer – as Lijit Networks just secured $3.3 million in funding.
SupplyFrame Gets $7 Million In Funding
SupplyFrame doesn’t try to fight with Google, Yahoo, and the rest; instead, it provides “search and interactive quoting tools for electronic components.” Yet there’s apparently big money in that aspect of the search business – SupplyFrame just received a fresh $7 million in funding.
Quintura Kept Aloft By Fresh Funding
The last time I wrote about Quintura, its “About Us” section made a fairly blatant plea for funding. I noted this request, and called it desperate. Now Quintura is millions of dollars richer, and I’m, well, not.
File-Sharing Could Get University Funding Cut?
So as state-funded university tuition rises faster than the inflation rate, grants are becoming nonexistent, and students are actually looking abroad to complete their education cheaper and in half the time, Congressmen cozy with the RIAA are threatening to cut their funding more if they don’t play ball with the recording labels.
Trulia Takes In $10 Million In Funding
Some weeks are “product” weeks – the companies all have something they want to release. This has been a “money” week – crazy amounts have been thrown around. And – although the amount of craziness and throwing involved here is debatable – real estate search engine Trulia has just joined the crowd by raising $10 million in funding.
Buzznet Flies Away with $6 Million In Funding
Buzznet isn’t the biggest social network around, but it is one of the fastest-growing. In a recent round of financing, the company won the ability to expand even more – Buzznet took in $6 million.
Joost Receives $45 Million In Funding
Internet television service Joost has raised $45 million in venture funding from five companies.
Funding and Starting a Web 2.0 Company
There are three basic brands of funding for your new shiny web 2.0 company. Bootstrap, Angel and Venture Capitol. Which one you use really relies on your personality (how well you tolerate risk) and how deep your pockets are.
Bootstrapping