Blumberg Capital related stories
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The Ultimate Startup PitchWhy VCs are revving up internal conferences and intimate portfolio dinners in an increasingly competitive venture industry
- Madvertise Celebrates Series B Close
Earlybird portfolio company madvertise has closed a $10 million Series B funding round. The company secured a new US investor, Blumberg Capital which will add strength to the business in a digital media and mobile advertising capacity.
- HootSuite Raises $3 Mln Debt Financing, Buys TwapperKeeper.com
HootSuite said Friday that it has closed $3 million in debt bridge financing. The company on its blog said http://blog.hootsuite.com/raise-acquisition-executive/ that the funds came from Hearst Interactive Media, Blumberg Capital, and super angel Geoff Entress, with new participation from Millennium Technology Ventures. HootSuite also said Friday that it has acquired TwapperKeeper.com, a twitter archiving service.
- Mertado Inks $2.3M Series A
Social shopping company Mertado has closed on $2.3 million in Series A venture capital. Rustic Canyon Partners joined previous investors Blumberg Capital and Redpoint Ventures in the financing round. Mertado has raised a total of $3.3 million to date. The company, based in Redwood City, Calif., is focused on helping consumers discover products for the home and kitchen.
- The Wall Street Shift
Investment bankers and others on Wall Street are launching venture-backed companies and entering VC as New York’s startup scene grows frothy in the wake of cut backs
- DoubleVerify Inks $33M in New Capital
DoubleVerify, a maker of verification technology for online advertising, has closed on $33 million in new capital. JMI Equity and Institutional Venture Partners led the round, which also included return backers Blumberg Capital and First Round Capital. As a result of the round, Bob Nye of JMI Equity and Dennis Phelps of Institutional Venture Partners have joined the company’s board. Formed in 2008, DoubleVerify has raised a total of $47 million to date.