October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Funding
Twitter Confirms New Funding Round, Launches Dutch And Indonesian Languages
Following weeks of rumors -- where it was suggested that the company was raising $400 million and then $800 million -- Twitter has confirmed that it has raised a "significant" round of funding. The round was led by DST Global and several of Twitter's existing investors participated. There is no indication of the funding amount or whether Twitter managed to raise... Read more » REPORT: Twitter Close To Finalizing Complex $800 Million Funding Deal
Twitter is said to be close to finalizing a $800 million funding deal that will partly be used to cash out current investors and employees. Around $400 million of the funding will be used for this purpose. According to sources cited by All Things D, the funding deal could be sealed within 2 weeks. The complex deal is being completed in a way that will allow those... Read more » REPORT: Twitter Raising $400M In Funding Round, Valued At $8B
Twitter is said to be raising $400 million in a funding round that puts the valuation of the social network at $8 billion. The funding round, which is being split into 2 portions, is being led by Digital Sky Technologies with participation from previous investor Kleiner Perkins. The company was reported on Tuesday to be quietly raising a funding round at a... Read more » REPORT: Twitter Raises Millions In New Round Of Funding, Valued At $7 Billion
Twitter has been quietly raising money during a private round of funding, and according to reports the figures are enormous -- They've reportedly almost doubled their valuation! According to the Wall Street Journal, Twitter has raised hundreds of millions of dollars in a new round of funding and could be valued as high as $7 billion, though it is unclear which... Read more » Zynga Files For IPO, Aims To Raise $1 Billion
Social gaming company Zynga has filed for its IPO with the U.S. Securities and Exchange Commission. The company is hoping to raise $1 billion through the sale. Zynga says in the filing that its games are played by 232 million monthly active users in 166 countries and more than 38,000 virtual items are created every second. More than 60 million people play Zynga... Read more » Social Web Browser Rockmelt Raises $30M In Funding
Social Web browser RockMelt has announced that it raised $30 million in Series B funding. Accel Partners and Khosla Ventures participated in the funding along with existing investors Andreessen Horowitz, Apple board member Bill Campbell, Josh Kopelman of First Round Capital and angel investor Ron Conway. RockMelt plans to use the funding to expand the team,... Read more » REPORT: Zynga Could File For IPO Within 24 Hours, Valued at $15-20B
Social gaming company Zynga is said to be ready to file for its IPO as soon as Wednesday and will aim to raise $1.5-2 billion in funding. If rumors that Zynga is offering less than 10 percent of its shares in the IPO prove to be true, then that means the company has a valuation in the region of at least $15-20 billion. According to a tweet from CNBC's Kate Kelly,... Read more »
Foursquare Closes $50M Funding Round
Foursquare has announced that is has closed a new $50 million round of funding, led by Andreessen Horowitz. Also taking part in the funding round are Foursquare's current venture capital partners O'Reilly AlphaTech Ventures and Union Square Ventures, along with Spark Capital. Foursquare co-founders Dennis Crowley and Naveen Selvadurai say they are planning to use... Read more » Location-based App Glympse Raises $7.5M In Funding, Hits 1M Users
Glympse, a location-based app for iPhone, Android, BlackBerry and Windows Phone 7, announced Wednesday that it has passed 1 million users and that it has closed a $7.5 million funding round led by Menlo Ventures and Ignition Partners. Through the app, you can share your location for a specified period of time with anyone you choose. You can also update your... Read more » Shazam Raises $32M In Funding, Plans To Further Expansion Into Television
Shazam, the music discovery service, has announced that it raised $32 million in a recent round of funding. The round was lead by Kleiner Perkins, Institutional Venture Partners and existing investor, DN Capital. Shazam plans to use the funding to support future growth of the company and further the development of their app as they expand to television with... Read more » 
