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More web news related to social networks and venture capital


A Russian Magnate's Facebook Bet Pays Off Big
MOSCOW -- With his droopy eyeglasses and boxy suits, Alisher B. Usmanov is at no risk of being mistaken for a Silicon Valley venture capital

Pinterest investment catapults site to $1.5bn valuation
It has just 30 staff and has been running for little more than two years, but scrapbooking website Pinterest has secured $100m (£62m) of funding, catapulting it to a valuation of $1.5bn.

Vancouver's social media star HootSuite: $1-billion or bust
With six million users and a working revenue model, Vancouverite Ryan Holmes doesn’t plan to sell HootSuite any time soon

Kleiner Perkins Launches New $525M Venture Fund
Vaunted Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers (KPCB) announced the closing of a new $525 million fund known as Kleiner Perkins Caufield & Byers XV, LLC (KPCB 15).

Mass Relevance Secures $3.3 Million in Funding to Accelerate Growth of Social Integration Platform
AUSTIN, TX-- - Mass Relevance, the technology leader in social curation and integration, today announced that it has closed $3.3 million in venture capital funding. The Series A round is led by Austin ...

Delhi - [ Min 26.4 °C
Facebook's earliest venture-capital backers, especially at once-downtrodden outfit Accel Partners, will have reason to celebrate come Friday when the world's biggest social network is set to debut on the Nasdaq at as much as a $100 billion valuation.

Pinterest raises $100 million, lifting its value to $1.5 billion
Japanese e-commerce firm Rakuten Inc. leads the fundraising for Pinterest, the virtual scrapbooking social network. Social media start-up Pinterest has raised $100 million in a recent financing round led by a Japanese online retailer, increasing the estimated value of the virtual scrapbooking company to $1.5 billion.

Alliance Health Networks Acquires Medify to Strengthen Social Health Networks for Consumers and Industry Partners
Alliance Health Networks, the leading social networking company serving consumers and the healthcare industry, today announced that it has acquired Medify, a leading provider of da

Social media success story HootSuite wants to anchor Vancouver area tech boom
VANCOUVER - As Facebook prepares for its massive initial public offering, likely Friday, the booming social media market has also produced a breakthrough year for a Canadian company. Vancouver-based HootSuite, which provides software for managing and analyzing a wide array of social media networks,

Factbox: Early Facebook backers and their bets today
(Reuters) - Facebook's earliest venture-capital backers, especially at once-downtrodden outfit Accel Partners, will have reason to celebrate come Friday when the world's biggest social network is set to debut on the Nasdaq at as much as a $100 billion valuation. Here is a look at some of these pioneering investors and what they are looking at now. KEVIN EFRUSY, ACCEL PARTNERS Efrusy did research ...



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