Source:CenterNetworks
Online document sharing service Docstoc has announced a new Series B round of funding in the amount of $3.25 million, bringing their total funding to $4 million. The funding round was led by Rustic Canyon Partners. Docstoc differentiates itself from the other document sharing services by focusing on professional documents.
The company is also announcing a new advertising program called the Content Partnership Program (CPP) which allows large content providers to own the advertising space on pages and generate new increemental revenue. Here’s an example of the CPP in action.
Check out our interview with Docstoc CEO Jason Nazar.
Online social shopping community Wishpot has announced the closing of a $1 million Series A investment round. The round was led by Monster Venture Partners. Other investors in the round include H-Farm, an Italian Internet development group, as well as existing investors including Adrian Hanauer. Wishpot has developed a hosted solution for tracking personal wish list entries across any website on the internet. Wishpot will launch outside the U.S. later in 2008. Wishpot was founded in 2006 in Seattle by veterans of Microsoft.
Enterprise real-time Web solutions provider Kaazing has announced a $1 million round of angel financing. The company hasn’t listed the investors but does note that they are "high-profile Silicon Valley private investors." Kaazing will use the funds to expand its development team and to increase marketing efforts.
Using Kaazing’s Java-based technology, they claim to make it easy to build robust rich Internet applications including online trading systems, online betting and games.
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This entry was posted
on Tuesday, April 29th, 2008 at 1:40 pm and is filed under venture capital, Quick News, docstoc, Kaazing, Wishpot.
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