Granite Ventures related stories
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- Martini Media Inks $13M
Granite Ventures is leading a $13 million round for online ad network Martini Media, the company announced Wednesday. Reed Elsevier Ventures, Silicon Valley Bank and Venrock are also contributing to the round, which will go toward commercializing its analytics and products. San Francisco-based Martini Media’s platform is designed to target affluent consumers.
- Smule Calls Up $12M in Fresh Capital
Music app maker Smule Inc. has raised $12 million in new venture financing, according to a regulatory filing http://sec.gov/Archives/edgar/data/1441408/000144140811000005/xslFormDX01/primary_doc.xml The company, based in Palo Alto, Calif., is behind music apps including “I am T-Pain” and “Glee Karaoke.” Smule is backed by investors including Shasta Ventures, Granite Ventures and Bessemer Ventures. The company’s board includes Granite Ventures’ Christopher Hollenbeck, Bessemer’s David Cowan and Shasta Ventures’ Jason Pressman.
- Adobe Buys VC-backed Auditude
Adobe Systems Inc. has acquired video ad management and monetization technology maker Auditude Inc. Terms of the deal were not released, though media reports have put the sale price at around $100 million. Palo Alto, Calif.-based Auditude had raised venture financing from investors including Granite Ventures, Silicon Valley Bank, Greylock Partners and Redpoint Ventures.
- Quantance Raises $11 Mln In Funding
Quantance, a chip maker, has raised $11 million in Series C funding. Investors include TD Fund, Granite Ventures, InterWest Partners and DoCoMo Capital.
- VC-backed Martini Media Strikes a Deal
Martini Media, the digital media platform backed by Venrock, Reed Elsevier Ventures and Granite Ventures, has acquired TDP Media Group, a London-based digital media firm. Specifics on the transaction were not publicized. The two companies have shared in a joint partnership since December 2010.
- Encore Seals $15M for Online Education
Online education company Encore Career Institute says that it has raised $15 million in Series A financing from InterWest Partners and Granite Ventures. The company, which is partnering with UCLA Extension to form a new online education venture, will focus on offering professional certificates and career counseling designed specifically for baby boomers transitioning to new careers or trying to stay viable in the current workforce, the company said.
- Telltale Games Lands $7M Series C
IDG Ventures and Granite Ventures, along with some of the company’s original investors, banded together to provide digital games publisher Telltale Games with a $7 million Series C investment. Phil Sanderson, IDG MD, and Chris Hollenbeck, Managing Director of Granite Ventures, worked on the transaction.