Fizzback bags $5m from Advent Venture Partners

Advent Venture Partners has announced that it has invested $5m (£2.5m) in online customer feedback provider Fizzback Group.

Formerly known as 'Instant Market Intelligence', Fizzback works with a number of companies, National Express included, to help them capture and analyse feedback from their customers.

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Posted 01 March 2007 11:38am by Graham Charlton with 0 comments

Interview: Saul Klein, venture partner at Index Ventures

Serial web investor Saul Klein was recently appointed as a venture partner by London-based VC firm Index Ventures. Saul is planning to help Index spend its new technology fund and he will also work with its existing portfolio.

He spoke to us about why European start-ups need better access to experienced entrepreneurs, why he thinks social shopping is over-hyped, and what's driving the renewed interest in internet companies from investors.

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Posted 28 February 2007 11:14am by Richard Maven with 0 comments

Podcast suite Odeo goes up for sale

Web-based podcasting application Odeo has been put up for sale, just months after founder Evan Williams led a management buy-out of the project from investors.

Williams wrote: "We've put too much into Odeo to want to see it fade away. And it still has tons of potential. But we're not improving it fast enough."

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Posted 20 February 2007 09:00am by Robert Andrews with 0 comments

Saul Klein joins Index Ventures

Former Skype VP of marketing and Video Island founder Saul Klein has joined Index Ventures to help the VC firm’s hunt for new web investments.

The London-based company has just announced the closure of a EU350m fund – its fourth - to focus on European firms in IT, life sciences and clean tech.

Klein, who will be based in Index’s London office, will help spend the new cashpile as well as working on Index’s existing portfolio, which includes the likes of Betfair, Netvibes and Last.fm.

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Posted 15 February 2007 11:18am by Richard Maven with 0 comments

Vinny Lingham's incuBeta bags funding, eyes USA

Congratulations to Vinny Lingham and the team at incuBeta, the Cape Town-based internet marketing group, which has secured a £1.75m investment from HBD Venture Capital.

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Posted 06 February 2007 13:32pm by Chris Lake with 0 comments

Location networking startup Plazes raises £1.8m

Plazes, a social networking site based in Berlin, has announced that it has raised £1.8m in a first round of founding led by Doughty Hanson Technology Ventures.

Plazes is a social network site with the added dimension of location tracking. Plazes automatically detects your location and connects you with people or places nearby.

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Posted 05 February 2007 12:46pm by Graham Charlton with 0 comments

Funding round puts poll marketing centre-stage

Web polling firm Vizu has received a $2.9m investment that aims to do for market researchers what AdSense does for advertising.

The investment, led by $1.5m from Draper Fisher Jurvetson, will go toward the just-launched Vizu Answers.The service allows marketers to create multiple-choice polls that appear on partner sites around the world.

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Posted 01 February 2007 17:11pm by Robert Andrews with 0 comments

More on Shiny Media's recent funding

Earlier in the week we wrote about how UK blog network Shiny Media has sold half of its business to a new London-based VC fund, in exchange for $4.5m.

I talked to Shiny Media CEO Ashley Norris to find out more about the company’s progress and plans for the future.

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Posted 31 January 2007 16:46pm by Chris Lake with 3 comments

UK blog network bags $4.5m from new VC fund

Congratulations to Ashley Norris and Chris Price over at Shiny Media, who have sealed an investment of $4.5m from Dan Wagner’s newly-launched venture capital fund.

Wagner’s first move at Bright Station Ventures was to take 50% of the 22-strong UK-based blog network, which claims 3m readers each month. It is good news for Shiny and also a healthy development for the European blog sector.

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Posted 29 January 2007 13:25pm by Chris Lake with 1 comment

LinkedIn targets Europe after new funding round

Business social network LinkedIn has raised $12.8m (£6.5m) in a third round of funding, led by Bessemer and the European Founders Fund.

The move brings the total invested in LinkedIn to more than $26m (£13.2m), and valued the company at $250m (£127m).

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Posted 29 January 2007 10:46am by Graham Charlton with 0 comments