Teen Startups Stardoll and PIczo Merge to Form Network
alarmClock Mar 09 09We are definately seeing some interesting M&A activity, often as businesses are on the verge of shutting down and just looking for a respectable out - look no further than Sears' announcement that they are buying Israel's Delver. The merger of Piczo and Stardoll makes sense, although it probably would not have gone done in better economic times. The sites are very different but both captivate teen audiences, and together they plan to rol-up more traffic which they can then market to scale-hungry advertisers. They also indicate that the have signed on gaming-focused site Paperdollheaven.com. Stockholm, Sweden-based Piczo has 27M registered users and has raised $10M from investors Index Ventures and Sequoia Capital. Full story...
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Lead Gen's QuinStreet Files $250M IPO
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EIB Loans €80M to Gemasolar Project
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Kim Kardashian's Shoe Rental Site ShoeDazzle Raises $7M
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AdKnowledge Closing In On Consolidation of Social Ad Network Startups With Buyout of SocialMedia.com
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AdKnowledge Closing In On Consolidation of Social Ad Network Startups With Buyout of SocialMedia.com
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