29
Dec

Crunchies 2008 voting begins!

Posted by: Matt Marshall
in Business and Technology

Voting for the 2008 Crunchies winners is now open.
This is the second year of the tech-start-up awards ceremony. It’s where the 15 best start-ups, founders and executives are awarded by the community based on outstanding performance in. While the ceremony — to be held January 9 at the Herbst Theater in San Francisco — does […]

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25
Dec

Roundup: FriendFinder files for IPO to pay off debts, fallout continues from Madoff’s scheme

Posted by: Matt Marshall
in Business and Technology

Here’s the latest action:
FriendFinder, the online company that helps people connect for sex, and which also owns Penthouse, has filed for an IPO — The company apparently sees an IPO as the only way to raise enough money to pay off its mounting debts — now that advertising isn’t working out as well as planned. […]

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18
Dec

Ad network Glam sees record 4th quarter, puts entire workforce on “variable” pay

Posted by: Matt Marshall
in Business and Technology, co:Glam

Glam Media, one of the newfangled content and advertising networks assumed by many industry observers to be vulnerable to financial meltdown, says it still hasn’t seen any marked decline in online display advertising. Yet, to be cautious, it is slashing salaries by moving to a system called “variable pay.”
While it’s too early to say whether […]

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18
Dec

FutureTap nabs Where To, in first acquisition of an iPhone application

Posted by: Matt Marshall
in Uncategorized

updated
German application company FutureTap has made what it says is the first publicly known acquisition of an iPhone application: It has bought Where To, an app that lets you find points of interest around you using the GPS technology in your iPhone, for $70,000.
FutureTap was founded this year with what it says is a mission […]

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17
Dec

Social network Tagged gets $5M boost, and look at its growth

Posted by: Matt Marshall
in Business and Technology

Tagged, the San Francisco social networking company that many people consider an “also ran” because it trails the more Facebook and Myspace, has raised $5 million in venture debt.
Steadily, over the past year, Tagged has asserted itself as the third largest social network in the United States. It has about 5 million monthly unique visitors […]

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16
Dec

Overlay.TV gets boost to push overlay technology in video

Posted by: Matt Marshall
in Business and Technology

Overlay.tv, a company that offers you a way to overlay video with graphics and other information, has raised $4.6 million more in backing.
Overlay is just one of several companies helping publishers monetize video by letting them insert ads within video. Like a number of other companies, it’s working on technology that is more nimble than […]

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16
Dec

Laurus Energy boasts cheapest, cleanest power in America

Posted by: Matt Marshall
in CleanTech

A new company called Laurus Energy, which recently received $9 million in backing from a Silicon Valley venture firm, claims it has found the cheapest way to deliver clean power in North America.
The Houston-based company says its energy is even better than natural gas as a source, because the gas is generated with a superior […]

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12
Dec

The “capital calls” crisis: separating fact from fiction

Posted by: Matt Marshall
in Business and Technology

Recently, reports started circulating that Ambric, a chip company that enables high-performance computing, has shuttered after failing to raise money from its investors.
Ambric’s fate was sealed by a “capital calls” problem, according to a report in EETimes, a story that was then picked up by GigaOM and even the New York Times. As told, the […]

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10
Dec

Sign of decline? Carlyle resorts to lawsuits, now goes after Sequoia

Posted by: Matt Marshall
in Business and Technology

updated
The Carlyle Group, a U.S. investment firm that expanded into venture capital deals over the last decade, isn’t doing very well.
Like a lot of its peers, it has lost focus and now needs to consolidate.
Last week, the firm slashed 10 percent of its 1,000 person staff and closed some offices, including the one in Silicon […]

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9
Dec

VentureBeat is looking for a Director of Sales

Posted by: Matt Marshall
in Business and Technology

VentureBeat is looking for an experienced, creative and driven media salesperson to be our Director of Sales.
The successful candidate will work closely with founder Matt Marshall and VentureBeat’s business development manager to lead a revenue growth strategy that expands beyond standard IAB ad-units into high-impact custom sponsorship packages, premium events and content distribution deals.
Our audience […]

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