capital

MyYearbook.com Raises 13 Million in Financing

in

Company: 
myYearbook.com

Teen social networking site MyYearbook.com has just secured 13 million in a second round of financing. The lead investor is Norwest Venture Partners.

The company plans to use the investment to help develop new member services and drive revenue.

Existing investors US Venture Partners and First Round Capital also participated in the round, which will be used to develop new member services and continue to drive revenue.

Show me some love... Add to Technorati Favorites Bookmark and Share

StarCite gets $15M in financing from Internet Capital, others

in
Company: 
StarCite

From the Philadelphia Business Journal:

Quote:
StarCite Inc. said Tuesday it has secured $15 million in financing from its current investors, including Internet Capital Group Inc.

Philadelphia-based StarCite plans to use the money to continue expanding overseas and to continue boosting the technology behind its products. StarCite allows organizations to manage their meeting and event scheduling and procurement processes through its Web site.

Show me some love... Add to Technorati Favorites Bookmark and Share
Syndicate content