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Adconion Media Group Raises $80 Million Series C - Germany-based online advertising network, has raised €40.9 million (US$80m) in Series C funding. Index Ventures led the round, and was joined by return backer Wellington Partners.

Keybroker Raises €5 Million - Sweden-based provider of search advertising solutions for the European market, has raised €5 million from Investor Growth Capital.

SellPoint Inc. Raises $7 Million Series C- Pleasanton, Calif.-based provider of on-demand video product tours, has raised $7 million in Series C funding. Granite Ventures led the round, and was joined by return backer Menlo Ventures.

FriendFeed Inc. Raises $5 Million Series A - Mountain View, Calif.-based social networking site focused on content sharing, has raised $5 million in Series A funding. Benchmark Capital led the round, and was joined by company co-founders Paul Buchheit and Sanjeev Singh.

Tiny Pictures Closes $7.2 Million Series B Round - Tiny Pictures, a developer of a service for sharing camera phone pictures among friends, completed a $7.2 million Series B round of financing. Draper Fisher Jurvetson led the round and was joined by Mohr Davidow Ventures.

GeoLearning Obtains $31 Million in Later Round - Fidelity Ventures led a $31 million later round of financing for GeoLearning, a provider of managed learning services and on-demand learning and performance solutions. In conjunction with the financing, the company welcomed Fidelity Ventures Partner Roger Hurwitz to its board of directors.

Internet Platform Provider Raising 3rd Round - A provider of an Internet platform for online retailing and multimedia content management based in Portugal is currently raising a $1 million 3rd round of financing.

Panther Express Raises $15.75 Million - New York-based global provider of digital content delivery services, has raised $15.75 million in Series B funding. Index Ventures led the round, and was joined by Gold Hill Capital and return backer Greylock Partners.

TidalTV Inc. Raises $15 Million in Series A - Baltimore-based startup bringing the television experience to PCs, has raised $15 million in Series A funding. New Enterprise Associates and Valhalla Partners co-led the round. TidalTV chairman Scott Ferber was a co-founder of Advertising.com, while its CEO Mollie Spilman was Advertising.com’s former top sales and marketing executive.

9Diamond.com Has Raised over $10 Million in VC Funding - China-based online retailer of diamonds, has raised over $10 million in VC funding. Backers include Kleiner Perkins Caufield & Byers, Qiming Venture Partners, Zero2IPO Group and Papaport.

CrunchyRoll Inc. Raised $4.05 Million in Series A - San Francisco-based video sharing site focused on anime, has raised $4.05 million in Series A funding, according to a regulatory filing. Venrock led the round, with partner David Siminoff joining the board of directors.

HiveLive Inc. Raised $5.6 Million in First-Round Funding - Boulder, Colo.-based provider of an enterprise social software platform, has raised $5.6 million in first-round funding. Grotech Capital Group led the round, with general partner Joe Zell taking a board seat.

Fanzter Inc. Raised Around $1.87 Million in Series A - Collinsville, Conn.-based new media development startup, has raised around $1.87 million in Series A funding from Second Avenue Partners, Curious Office Partners and Rich Barton) , according to a regulatory filing.

NextIO Raises $18.8 million Series C - NextIO Inc., an Austin, Texas-based provider of I/O virtualization solutions, has raised $18.8 million in Series C funding. Return backers Adams Capital Management and Crescendo Ventures co-led the ro

Alamofire Inc. Raised $2 Million in Series A - Southlake, Texas-based social gaming startup, has raised $2 million in Series A funding from The Founders Fund and Alsop Louie Partners.

Yelp Gets $15 Million in Fourth Round - Local review aggregator Yelp has snagged some $15 million in its fourth round of financing–for a total of $31 million since its founding in the summer of 2004. The San Francisco-based company has said that it will use the money to expand the service geographically, beef up the sales team, and open an office in New York City.

ClearTrip Travel Services Raised $18 Million in Series C - Mumbai, India-based travel website operator, has raised $18 million in Series C funding. Draper Fisher Jurvetson led the round with $10 million, and was joined by The Mahindra Group and return backers Sherpalo Ventures and Kleiner Perkins Caufield & Byers.

WideOrbit Inc. Raised $14.5 Million in Series C - San Francisco-based provider of sales, traffic and billing software for the global media market, has raised $14.5 million in Series C funding. Participants included Khosla Ventures, Greycroft Partners and Hearst Ventures.

Akimbo Raises $8 Million in Fourth-Round Funding - San Mateo, Calif.-based online video technology company, has raised $8 million in fourth-round funding. Return backers include AT&T, Blueprint Ventures, Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers and Zone Ventures.

This entry was posted on Friday, February 29th, 2008 at 11:51 pm and is filed under Internet, Digital Media & Software, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.