UK RBT Service Secures €9M from VCs
alarmClock Nov 21 09Digital ring-back tone (RBT) service Muzicall has raised another round of funding, securing €9M ($13M) in its latest round. Existing funders BlueRun Ventures and Thule were joined by a new group of investors: Orkos Capital, Veddis Ventures and GP Bullhound. News of this deal comes shortly after flattering value projections made by market research firm, Multimedia Intelligence, which foresees Muzicall tripling its value by 2012. Based out of London, Muzicall will use new capital to expand its RBT service throughout Europe. Hoping to replicate hefty revenue streams like those services in Asia and the U. Full story...
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Latest Vote Solar Equinox Eclipses Last Year’s Event
alarmClock 16 hours agoNot often does The Alarm:Clock cover parties as the staff here experienced the dot.com era and haven’t attended any event in the past 5 years that remotely brings back memories of the good times associated with fundraising for a cause or an organization.
Playdom Invests $5M In Argentine Social Developer MetroGames
alarmClock 18 hours agoSocial gaming's Playdom, which has raised $43M in funding, has invested in an Argentine rival, MetroGames.
Suntech Wins Contract For Taiwan’s Largest Solar Power Plant
alarmClock 21 hours agoSeeking to double its 2009 sales this year, Suntech Power (STP:NYSE) took a step closer to that ambitious goal today by announcing they will be supplying the solar panels for Taiwan’s largest solar power plant.
SEO Platform BrightEdge Raises $6.5M
alarmClock less than a day agoFoster City-based BrightEdge has raised $6.5M in Series B funding. Battery Ventures led the round, and was joined by return backers Altos Ventures and Illuminate Ventures.
Financial Engines IPO Worth The Wait
alarmClock less than a day agoFinancial Engines shares jumped more than 30% on their first day of trading Tuesday after the provider of retirement research and advice priced an initial public offering above the expected range.
Open Source eCommerce's Magento Raises $22.5M
alarmClock 3 days agoLA's Magento Commerce (aka Varien) has raised $22.5M in an equity funding round, according to a regulatory filing.
Free Mobile App Maker Snaptu Funded By Sequoia
alarmClock 3 days agoSnaptu (f.k.a. Moblica) has raised an undisclosed amount of Series A funding from Sequoia Capital. The concept is to partner with online service providers, media companies and content owners to enable rapid deployment of any online service as a full-featured mobile application, we extend our partners' reach to every Internet-enabled mobile device.
PG&E Taps EnerNOC For Energy Efficiency Solution
alarmClock 3 days agoPacific Gas & Electric (PCG:NYSE) may be facing a tough battle in California to hold onto its customers but is still working to improve its business.
No Wind Behind Broadwind Energy's Q4 Revenues, Earnings
alarmClock 6 days agoDelivering Q4 2009 and full-year profits that hardly show a company with the wind at their back, Broadwind Energy (BWEN:NASDAQ) delivered results today that will certainly leave doubts in the minds of investors.
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