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Fundings
ExtendMedia acquired by Cisco - Newton, MA
August 26, 2010: Cisco today announced its intent to acquire privately-held ExtendMedia, a leading provider of software-based Content Management Systems (CMS) that manage the entire lifecycle of video content through monetization for pay media and ad-supported business models. Based in Newton, Mass., with the majority of its employee base in Toronto, Canada, ExtendMedia will enable Cisco to help service providers deliver multi-screen offerings as the market transitions to IP video.
http://bit.ly/vfdealsextendmedia
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LocaModa raises $150K in funding - Cambridge, MA
May 13, 2010: According to SEC filings, LocaModa in Cambridge, Massachusetts has raised $150K in funding. LocaModa is a place-based social media company. The company was founded on the vision that place-based digital signage networks, advertisers and venues will need to leverage the web for frictionless media, connectivity to cross channel audiences and measurability.
http://bit.ly/vfdealslocamoda
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Nimbit raises $375K in funding - Framingham, MA
April 30, 2010: According to SEC filings, Nimbit in Framingham, Massachusetts has raised $375K of a planned $1.75M round of funding. Nimbit is direct-to-fan platform for musicians, managers, and emerging labels.
http://bit.ly/vfdealsnimbit
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Thinking Screen Media raises $2M in funding - Wellesley Hills, MA
April 29, 2010: As reported by Xconomy, Thinking Screen Media has raised $2M in funding through the a Series B round of financing and the sale of it's SignChannel division. Thinking Screen is a technology company focused on content delivery to connected screens worldwide.
http://bit.ly/vfdealsthinkscrn
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Brightcove raises $12M in venture capital funding - Cambridge, MA
April 5, 2010: Brightcove confirms that the company has closed a $12 million Series D round of financing led by Accel Partners and General Catalyst. Other existing investors, including AOL, Hearst, AllianceBernstein, Maverick, and Brookside Capital, also participated in the Series D.
http://bit.ly/vfdealsbrightcove
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The Echo Nest raises $1.3M in funding - Somerville, MA
January 5, 2010: According to SEC filings, The Echo Nest is Somerville, Massachusetts has raised $1.3M in new funding. The Echo Nest helps online music companies make more meaningful connections between people and music through its patented machine learning platform that actually reads about music and listens to music everywhere on the web.
http://bit.ly/vffundecho
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VisibleGains raises $2M in venture capital funding - Waltham, MA
December 2, 2009: According to SEC filings, VisibleGains in Waltham, Massachusetts has raised $2M in venture capital funding. VisibleGains is an online video B2B marketing platform company.
http://bit.ly/vffundvisgains
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Bluefin Lab raises initial funding - Somerville, MA
October 6, 2009: As reported by Mass High Tech and other sources, Bluefin Lab has received an initial investment from the Federal Small Business Innovation Research program, as well as Kepha Partners. Bluefin Labs is a spinout from the MIT media lab, which is focused on commercializing cutting edge consumer media technology.
http://bit.ly/G6SZr
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The FeedRoom is acquired by KIT digital - Westborough, MA
October 5, 2009: KIT digital, Inc. (NASDAQ: KITD), a leading global provider of on-demand software solutions for managing and monetizing Internet Protocol (IP)-based video assets, has executed separate definitive agreements to acquire two of its leading competitors, Nunet AG of Cologne, Germany and The FeedRoom, Inc., based in New York City (with operations in Westborough, MA).
http://bit.ly/feedroomvf
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Crimson Hexagon raises $680K of a planned $2M round of funding - Cambridge, MA
September 14, 2009: As reported by Mass High Tech, Crimson Hexagon has raised $680K of a planned $2M round of funding. Crimson Hexagon is a semantic-search software company focused on measuring brand sentiment across the web.
http://bit.ly/Tdglo
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Verivue raises $20M in venture capital - Westford, MA
September 9, 2009: According to documents filed with the SEC, Verivue has raised $20M in venture capital funding. Verivue, located in Westford, develops and markets high-performance IP platforms that enable network operators to distribute, deliver and manage enormous amounts of IP-based media traffic across a growing and diverse number of end devices.
http://bit.ly/verivuevc
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Go2 Media raises $3M in Venture Capital funding - Boston, MA
July 20, 2009: go2 Media(TM) (www.go2.com), a mobile media company that delivers personalized local information and entertainment content, today announced that it closed a $3 million funding round led by General Catalyst.
http://www.go2.com
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Frame Media Raises $2 Million in Second Round - Boston, MA
Thursday, November 08, 2007 Frame Media, a Boston-based provider of provider of software and content for wireless digital picture frames, has raised $2 million in its second round of venture capital, which was led by CommonAngels and Longworth Venture Partners. Frame Media's main product can be branded and customized to work with any Wi-Fi enabled photo frame or connected device. The user can program a stream of content that is updated dynamically, marrying their own photos with fresh content from a library of hundreds of channels including news, sports, weather, traffic, stock quotes, horoscopes and imagery from third-party photographic collections. http://www.wirelesspictureframe.com Read more Add new comment
Category: Digital Media, Mobile / Wireless, OtherBrightCove raises $5M in a new round of funding - Cambridge, MA
Cambridge's BrightCove Inc., a developer of an open Internet TV service for video producers and programmers, has secured a new round of growth capital financing worth $5 million. GE - Global Media & Communications, a division of GE Commercial Finance, led the round, which closed on September 1. BrightCove's previous round of funding, its second, came last November, when it landed $16.2 million from America Online Inc., IAC/InterActiveCorp., Hearst Corp. and Allen & Company LLC. The new round of funding brings the company's total amount raised to $26.2 million. http://www.brightcove.com Read more Add new comment
Category: Digital Media, Other SoftwareMaven Networks Raises $12 Million in Third Round of Venture Capital - Cambridge, MA
Maven Networks, a Cambridge-based developer of broadband video delivery systems, has raised $12 million in its third round of venture capital, led by Prism Venture Partners, based in Westwood. Maven Networks' products allow media companies to create, manage and deliver broadband video channels that support direct-to-consumer services and generate new revenue streams. Its customers include 20th Century Fox, A&E Television Networks International, Disney Buena Vista Pictures, Hallmark Channel, National Geographic Channel, Pepsi, Nike, and Sony Pictures. Other investors in Maven's latest funding round include Palo Alto-based Accel Partners and General Catalyst Partners of Cambridge. The company has raised a total of $30 million to date. http://www.maven.net/company/pr_maven_funding.php Read more Add new comment
Category: Digital Media, Enterprise Software