WhaleShark Media, which owns and runs a number of online coupon and deal sites, announced today it has raised $150 million from JP Morgan and Institutional Venture Partners.
The company facilitated $1.7 billion worth of sales in 2011. Its sites attract 300 million visitors annually.
WhaleShark Media sites have both Groupon-style deals and discount codes for websites.
raised about $15 million in VC funding plus an undisclosed private equity round.Maxymiser deal wasn't a l0w-ball offer, but a decent one, at least for the major stake owners.We're still trying to discover details on Oracle's purchase of Maxymiser earlier this week.
It has been some time since Marissa Mayer, chief executive of Yahoo, has spent big to add a promising start-up to her company’s portfolio. On Friday, she broke out the checkbook.Yahoo paid close to $200 million for Polyvore, an online social shopping and style site, according to two people briefed on the deal.
In a major victory for book publishers, the UK's High Court has ordered internet service providers (ISPs) to blockseveral sites offering pirated e-books. The decision means that BT, Sky, Virgin Media, TalkTalk and EE now have 10 days to comply and ensure their customers can't access the following link depositories: AvaxHome, Ebookee, Freebookspot, Freshwap, Libgen, Bookfi and Bookre.
Hackers claim to have made good on their threat to release data they stole in a breach last month of the company behind Ashley Madison, the popular online dating website aimed at people hoping to cheat on their spouses.On Tuesday, the group of hackers who first claimed responsibility for the attack last month dumped 9.7 gigabytes worth of stolen user account and payment information online.
SoftBank, the massive multinational media and telecom conglomerate, announced on Wednesday that it had invested $1 billion in the Korean e-commerce start-up Coupang, in one of the largest private tech investments of 2015.The deal is the latest in a string of big e-commerce investments in Asian markets, including the $1.
Deliveroo, the London meal delivery startup that works with restaurants across Europe, has announced that it has raised $70 million in new funding. The Series C funding round was led by Greenoaks Capital and Index Ventures, and Deliveroo's existing investorsAccel Partners and Hoxton Ventures also participated.
For the first time, cable TV network Nickelodeon staged a casting call at VidCon, a convention that draws stars of YouTube and social media like Vine, Instagram, and Snapchat and their passionate followers. The Viacom-owned channel's talent search is one way traditional TV networks are recruiting internet personalities to build audiences.
Although Oracle whiffed on its fourth quarter , missing expectations on both revenue and profits in the quarter that is traditionally its strongest, Oracle's management was upbeat, almost deliriously so. "We are delighted with this quarter," one of Oracle's CEOs, Safra Catz said on a quarterly conference call with analysts.
Dave Goldberg is half of one of Silicon Valley's most powerful couples. He's the CEO of uber successful Valley company SurveyMonkey, with an epic career that began in the Internet bubble days. And he's married to Sheryl Sandberg, the COO of Facebook. By any measure, Goldberg has a fantastic life.
Uber raised a total of more than $2 billion from investors in June and December last year — and is now back for another round. The anonymous messaging start-up Yik Yak collected $73.5 million in three financing rounds in seven months, and Zenefits, a human resources start-up, raised more than $580 million in less than two years, with the latest deal done last week, Mike Isaac and Michael J.
Uber has picked up another strategic investor.The ride-sharing company has raised roughly $100 million in financing from the Tata Opportunities Fund, an Indian private-equity firm owned by the Tata Group, the Indian conglomerate, according to a person with direct knowledge of the matter. The investment is meant to help Uber expand its business in India, one of the world’s biggest markets.
By the sixth minute of the United States’ victory over Japan in the Women’s World Cup final on Sunday, after midfielder Carli Lloyd scored her second goal, sales of “World Champions” T-shirts and other championship merchandise on Fanatics, the online retailer, had started surging.
It's been more than a yearsince Comcast announced its plan to buy fellow cable giant Time Warner Cablein a $45 billion deal, but it still hasn't received the blessings of various regulators. Now, word is leaking out from unnamed sources toBloombergand theNew York Timesthat suggests Justice Department lawyers will recommend blocking the merger.
Stripe , the hot Silicon Valley payments startup and Y Combinator alum, has taken in a round of funding led by Visa that values the company at $5 billion. The news was reported earlier by Re/code and the New York Times .
Children throughout the United States are heading back to school and many of them — some for the first time — will be using a range of online learning tools. Unfortunately, it is not always clear what the companies providing those tools are allowed to do with the information they glean from students.
If Kijiji is remembered at all in the United States, it is probably as one of eBay’s unsuccessful attempts to challenge Craigslist in online classified ads. But in Canada, Kijiji is now practically synonymous with classifieds, Ian Austen reports.More than 12 million people visit Kijiji’s site in Canada every month, three times the amount drawn to Craigslist in the country.