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Reunion.com Buys People Search Engine Wink.com

alarmClock  Nov 04 08

LA-bases social network Reunion.com has bought people search engine Wink. No financial terms were disclosed. Reunion.com has raised over $27M in VC funding from firms like Oak Investment Partners. Wink had raised roughly $6M from Cambrian Ventures and Greylock Partners. Reunion.com says that a new brand and Web site will launch early next year. Reunion says it is profitable and is growing at a rate of more than 1.6M new members per month. From the outside it seems like Reunion is facing a tough long-term environment as social network consolidates around Facebook, MySpace and LinkedIn or regionally around Bebo in the UK, Orkut in Brazil, etc. Full story...

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Lead Gen's QuinStreet Files $250M IPO

alarmClock  3 hours ago

Foster City-based lead generation giant QuinStreet has filed for a $250M IPO. The company saw $260M in revenue for the fiscal year ending June 30 (an uptick of 35% over the prior year), with net income of around $17.

EIB Loans €80M to Gemasolar Project

alarmClock  4 hours ago

GEMASOLAR 2006 SAU, flagship project of Torresol Energy Investment SA, brightened up with the announcement by the European Investment Bank (EIB).

Denmark's One Straw Revolution

alarmClock  4 hours ago

Masanobu Fukuoka would have been proud of this. This is indeed an "one-straw revolution" towards a greener planet.

Chegg, Chegg, Chegg Raises $57M + $25M Credit For Text Book Rental

alarmClock  14 hours ago

Online textbook rental company Chegg.com it raised $57M in a fourth round of funding. Santa Clara-based Chegg.

College Scout MyFit Raises $1M Fro NEA

alarmClock  14 hours ago

Mountain View-based MyFit has raised $1M in funding from New Enterprise Associates. We are not crazy about the name as it sounds like a fitness company.

Suntech’s Q3 Results Suggest Worst May Be Over For Solar Industry

alarmClock  15 hours ago

Showing strong improvement across the board from the previous quarter, Suntech Power’s (STP:NYSE) Q3 2009 earnings release suggests that solar industry is poised for a recovery.

Movie By USB Stick's Digiboo Funded By Morgan Freedman

alarmClock  17 hours ago

LA-based Digiboo has been funding by Revelations Entertainment, the production firm owned by celebrity Morgan Freeman.

AdKnowledge Closing In On Consolidation of Social Ad Network Startups With Buyout of SocialMedia.com

alarmClock  24 hours ago

When Facebook ad networks Lookery, Cubics, Adonomics and Social Media got an early start with their Facebook ad networks and raised funding, they surely thought they were in the sweet spot for riches.

Enterprise Investors Polishes Up $98M Supermarket Deal

alarmClock  less than a day ago

In a landmark €66M ($98M) deal, Poland-based Enterprise Investors, a private equity firm, has fully bought out Profi Rom Food Group, one of the largest supermarket chains in Romania and a management buy-in team has closed the transaction.

Kim Kardashian's Shoe Rental Site ShoeDazzle Raises $7M

alarmClock  less than a day ago

ShoeDazzle.com, a Los Angeles-based online high-end shoe rental site that features reality show and adult film star Kim Kardashian, has raised $7M.



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