Tuesday, December 4, 2007

Motionbox has closed a $7 million Series B round of funding

What Company Is Offering:
Motionbox makes it easy to upload, organize, enhance, and share your personal videos with family, friends & groups.

Personal video is about more than just home movies; it's about capturing life — in motion and on the fly. As we all know, life doesn't always happen in perfect, 30-second clips. So how do you dig through all your videos to get to the moments you care about most? They don't think you should have to learn complicated editing software to share the best parts of your videos online. That's why they've developed smart, simple ways to help you make the most of what you've shot.
How It Works:
Shoot video using any camera or even your phone. Their uploader is lightning fast and easy to use. No file size limits for Premium Members.Combine the best parts of your videos and cut out the boring parts. No complicated software required. Premium Members have unlimited storage.It’s easy to share videos with friends and family via email or post them on your blog. Premium members can download high-quality versions too.
The best part of the site comes without the membership fee—both free and Premium members can create customized flipbooks from videos they upload to the site.Motionbox is your one stop solution for ultracute videos of your toddler taking his first steps.
How Much They Got From VCs:
Motionbox, the video site that appeals to doting parents for family video storage and editing, has closed a $7 million Series B round of funding. The round was led by new investor Constellation Ventures, which is a unite of Bear Stearns Asset Management. Previous investors Canaan Partners and SAS Investors also participated in this round.

The funding will go towards marketing and developing Motionbox’s new premium services, which include unlimited storage and downloads, as well as flipbooks.

More at:http://www.motionbox.com/

PayMate is the first of its kind mobile payment service

What Company Is Offering:
PayMate is a Mumbai based wireless transactions platform provider. PayMate is a spin-off from Coruscant Tec, a sister concern with a focus on wireless content. PayMate has created a viable ecosystem to enable wireless transactions connecting banks, switches, merchants and customers using a simple, secure and seamless technology.

How It Works:


PayMate is the first of its kind mobile payment service in India, which helps transform your phone into a wallet. So, now you can shop online, buy movie & airline tickets, send flowers & gifts, pay your bills, subscribe to newspapers and magazines, pay for goods at your favourite restaurant and retail store, using your mobile phone.You register for PayMate with your bank but this process is paperless and over the phone. To register for PayMate you have multiple options to choose from:- Call your bank’s phone banking number directly.Visit the nearest Corporation bank ATM to register.
You can use this service at any of PayMate's accredited merchants. While PayMate’s merchant base already includes over 2,500 online portals, leading voice portals and some key retail chains, this list of merchants is growing rapidly. You will soon be able to buy movie & flight tickets, send flowers & gifts, pay for your bills & subscriptions & even pay at your favourite restaurant or retail store, simply through your mobile.

Why They Are In News Again:

India-based PayMate, a mobile payments company, is making its way to America. Hiring Dhruv Singh as VP of Americas, the goal is to grow PayMate in un-banked consumer markets, particularly in the US. Singh previously worked as the Director of Worldwide Business Development at AMD, and was at ATI Technologies prior to his position at AMD.

More at:http://www.paymate.in/faqs.asp

Grayboxx,the local search tool designed to offer you a well-rounded and informative set of queries for businesses in your region

What Company Is Offering:
Grayboxx,the local search tool designed to offer you a well-rounded and informative set of queries for businesses in your region.

Grayboxx is to bring optimal relevancy to "local search". Users are going to get what they're looking for. By leveraging intelligent, patent-pending algorithms that discern the quality and reputation of local businesses with minimal user interaction, they index and score local businesses without imposing review-writing chores on end-users.
How It Works:

With grayboxx, you have statistically significant business rankings. Grayboxx has over 100x the number of neig\ hbor recommendations than the largest user-generated review local site. A search on grayboxx typically yields dozens of ranked businesses, each of which often has anywhere\ from 5 to 100 neighbor recommendations. This beats having to choose based on one or two user-written reviews, whose experiences may not be representative. It helps to he\ ar the whole community speak.

Grayboxx has the unique advantage of Preference Scoring™. Their PreferenceScoring™ solution evaluates 'implicit endorsements' (essentially, people's expressions of approval for a business). When people buy things from a store or make reservations at a restaurant, they are speaking with their acti ons about what they like. With this model, they're able to show you businesses that are favored by your community. Any business, any community. This does for local search what PageRank did for web search.
More at:http://www.grayboxx.com/

AdMob is the world's largest mobile advertising marketplace

What Company Is Offering:
AdMob is the world's largest mobile advertising marketplace. AdMob allows advertisers to reach their customers on the mobile Web and publishers to increase the value of their mobile sites. AdMob offers both advertisers and publishers the ability to target and personalize advertising to their customers in over 160 countries.
How It Works:
AdMob is a mobile advertising marketplace bringing together buyers and sellers of mobile ads. Publishers simply place some code into their mobile web pages, and AdMob serves pay-per-click advertising directly to their users.To set up your mobile site with AdMob, you simply register and create a site in the system. You will be given access to install code which can then be integrated into your PHP, JSP, ASP, or CGI driven mobile web pages. Once you have done this, you are all ready to go.AdMob spends a great deal of time and effort finding high quality advertisers interested in reaching a qualified mobile audience. Our publisher partners also provide links from their websites directing potential advertisers to their AdMob listings.
Why is It In News Again:
Land Rover has gotten in the game of targeted mobile advertising, teaming up with AdMob for a campaign rolled out across mobile phones within AdMob’s network. This is a campaign designed to target high net worth customers that actually browse the mobile web.

Leveraging AdMob’s specialized iPhone ad platform, Land Rover really hoped to hone in on a good potential consumer base with its mobile ads.The demographics for Land Rover customers and iPhone users are generally in the same price bracket, and many will find the results of the campaign interesting for marketing on a mobile level with custom, targeted ads. Part of the campaign used a banner ad as a store locater, enabling mobile phone users to type in their zip code to see a map, along with directions to the nearest dealer.


More at:http://www.admob.com/

EatLime is an easy-to-use free service that allows anyone, anywhere to transfer large files over the Web, Email, or Instant Messenger

What company Is Offering:
EatLime is an easy-to-use free service that allows anyone, anywhere to transfer large files over the Web, Email, or Instant Messenger (IM).
EatLime offers an improved file transfer technology (patent-pending) with the vision to be the premier destination for direct data delivery.

How It Works:

With EatLime, you can easily share any file, including videos, pictures, and documents with your friends and family much faster.
What makes EatLime faster? Unlike other services, EatLime lets your friends start downloading your shared files as soon as you start uploading them, making the entire sharing process much faster!

Use EatLime from your Desktop. Download and Install EatLime on your computer to share easily, rapidly, unobtrusively, efficiently, securely, durably ...
You can transfer as many files as you like. They will keep active files on their system as long as they're in demand.

Access your ShareLinks from Anywhere, at Anytime. All ShareLinks you create and receive are stored in your user account. Access them from any browser, at anytime!
More at:http://www.eatlime.com/

ePractice.eu is offers a new service for the professional community of eGovernment

What Company Is Offering:

ePractice.eu is a portal created by the European Commission which offers a new service for the professional community of eGovernment, eInclusion and eHealth practitioners.
It is an interactive initiative that empowers its users to discuss and influence open government, policy-making and the way in which public administrations operate and deliver services.

How It Works:

ePractice.eu involves practitioners from all 27 Member States, EU-member candidate states and EFTA countries. Practitioners from other countries outside the EU are also welcome to join.

The ePractice.eu portal combines online activities with frequent offline exchanges: workshops, face-to-face meetings and public presentations. With a large knowledge base of real-life case studies submitted by ePractice members from across Europe, ePractice.eu serves as a point of reference for all users.

ePractice.eu is based on the inherently participative nature of web services: it goes beyond the “exchange cases” and facilitates the exchange of advice, experiences, events and stories.
More at:http://www.epractice.eu/

Macroaxis--On Demand Portfolios Optimization

What Company is Offering:
Macroaxis Corporation specializes in providing software solutions for the financial services sector, facilitating rapid distribution of financial analytics to larger audiences. Unique in the industry, Macroaxis Corporation's financial engineering platform delivers measurable value in the form of improved return on clients' intellectual property, productivity and managed assets for financial institutions.

How It Works:

They are dedicated to bringing investors a practical portfolio analysis and optimization toolset that no other company can offer. It is their goal to provide investors and institutions with the ability to properly define, analyze and present optimal portfolios that will lead to increases in return on managed assets, technology, productivity, and intellectual property. Building on the current trends and leveraging the evolving web technologies, Macroaxis Corporation brings a new type of financial application, one that is based on simplicity, speed, and accessibility, making technology that was once offered only to professional money managers, available to the entire mainstream investing community.
PitchletTM is our first product. In a nutshell, Pitchlets enable financial practitioners to request input from investors, set up required analytics and then interactively present investment recommendations, strategies, performance results, and attribution analysis to various interested parties.

They currently maintain a Pitchlet toolset for presentation of Wealth Management Analytics based on Modern Portfolio Theory. It is a powerful and practical module for both professional money managers and private investors. Most importantly, not a single piece of software needs to be installed to client's computer.

PitchletTM is a true on-demand analytical engine.
More at:http://www.macroaxis.com/

Ancestry Press, a new venture recently launched by Ancestry.com

What Company Is Offering:
Ancestry Press, a new venture recently launched by Ancestry.com. Customers who already have their pedigree information archived on Ancestry.com can easily transfer their family trees, facts, photos, stories, historical documents, recipes and more to formatted templates—or blank pages they can design from scratch—for printing. And those who aren't yet Ancestry.com users can set up accounts quickly and easily.

How It Works:

Building your family tree has been a labor of love. Now you can bring it to life with their free, easy-to-use publishing tool. Create beautiful pages or family tree posters that showcase your documents, photos and charts. You can print your pages at home or order professionally printed, coffee-table quality books or high quality prints suitable for framing.

Books are hand-bound and printed on 100-pound gloss, acid-free, archival paper with hard leatherette covers that can be stamped with custom two-line titles in gold foil. Pricing is currently at USD 29.95 for a 24-page book. Customers can add extra pages for just 39 cents each up to a total of 100 pages. 18-by-24-inch family tree posters (additional sizes coming soon) are available at an introductory rate of USD 19.95 and can feature up to six generations. There are volume discounts, too, for those who might like to purchase multiple copies as gifts for family members. Turnaround time is two to three weeks.


More at: www.ancestrypress.com

The Issue is a non-partisan blog newspaper that provides a window to an emerging world of diverse and informed opinions

What Company Is Offering:
The Issue is a non-partisan blog newspaper that provides a window to an emerging world of diverse and informed opinions. We cull the blogosphere for its wise insights, probing analyses, and diverse perspectives, drawing together a borderless newspaper. By combining the democratization and diversity of new media with the format and editorial standards of traditional news, we hope to offer a hybrid news source that provides the best of both worlds.
How It Works:
Their editorial team handpicks articles that represent the best of the blogosphere. Selected articles are clearly written, intuitively organized, and have theses and make arguments that are supported with well-researched and salient points. No article selection is ever arbitrary or automated. The team handpicks some of the top blog posts each day to produce a comfortably formatted newspaper. Capitalizing on the diversity of perspectives - they show 4 views on a particular Issue each day. This allows them to fight bias and let readers make informed decisions, getting a deep dive into every Issue in a short amount of time.

How Is It Different:
All reputable news sources fight the editorial bias in roughly the same way; deliver appropriately critical news in a “just the facts” format. But even without the inherent agenda of large corporations, this approach to objectivity is rather futile. No matter how fact-based the account, language and context always tell a story of their own.
An understanding of current events cannot be two-dimensional. The way most news is delivered creates exactly that dynamic. The reader’s point of reference interacts with the delivered facts. Those facts then filter through the reader’s biases, presumptions, and context base to effectively reinforce what he already knew – that he was right. Yes, new information has come in, but the level of understanding has not changed.
More at:http://theissue.com/

Network 18 Invested In Online Learning Company$4 million and online search advertising firm Webchutney Studio Pvt. Ltd

The venture capital and private equity investment arm of Delhi-based media company Network 18 Fincap Pvt. Ltd, Capital 18, has closed four deals, two of which are undisclosed, since its formal incorporation this January.
The two disclosed deals involve investments in online learning company 24X7 Learning Solutions Pvt. Ltd ($4 million or Rs15.8 crore) and online search advertising firm Webchutney Studio Pvt. Ltd (deal size undisclosed).
The investments made by Capital 18 are separate from those that the group’s Internet arm, Web 18, has been making over the last 12-18 months. “We will invest in sectors complementary to, but not conflicting with the strategies of Network 18,” says Sarbvir Singh, managing director, Capital 18.
Singh said that the venture capital arm would not invest in companies that have the potential to be merged with the group’s existing properties. Gaming, animation, print media and the larger media, entertainment and technology space would be its key areas of focus for investment.
The firm has plans to invest in 8-10 companies over next few years
Web 18, the Internet arm, has invested in at least six Indian companies, including movie ticketing company Bigtree Entertainment Pvt. Ltd and travel portal Yatra.com. Unlike Web 18, which aligns its investment along the group’s larger strategies and invests from Network 18’s balance sheet, the venture capital arm operates as a separate fund.
Singh did not reveal the size of the fund, but said “it invested out of a dedicated corpus”.
Capital 18 wants to differentiate itself from other venture capital firms by leveraging the resources of its parent to help its portfolio companies.
It will typically invest $5-10 million per company, which pits it against venture capital investors such as Sequoia Capital India, Helion Venture Partners in Bangalore and Matrix India Partners in Mumbai.
The firm has plans to invest in 8-10 companies over the next few years. Capital 18 will not only focus on growth companies looking to scale, but will also invest in large incubation projects.
Via-Mint
http://www.livemint.com/2007/12/03222825/Network-18-arm-closes-4-deals.html

JetBird has completed a private placement of €21 million (US$31 million) of equity capital with European, US, private and institutional investors

About Company:
From 2009, JetBird will offer a point-to-point, on demand private jet service in Europe. The launch of JetBird will mark a revolution in the way people travel in the region. JetBird will offer all of the benefits of traditional private jet usage, but at a fraction of the cost of existing branded private jet operators.

Virtually all of us who fly regularly aspire to travel on private jets, however to date the cost of private flight has proved prohibitive for all but the most senior executives and the wealthiest individuals, with flight costs being many multiples of business class tickets on commercial aircraft.

How Much They Got From VCs:
JetBird, the first Pan-European, low cost executive jet taxi operator, today announced that it has successfully completed a private placement which now values JetBird at approximately €101 million (c. US$150 million).

JetBird has completed a private placement of €21 million (US$31 million) of equity capital with European, US, private and institutional investors. The placement was oversubscribed and includes a combination of new and existing investors in JetBird.

Proceeds from the private placement will be applied towards the financing of the first 25 Phenom 100 aircraft and general corporate purposes as JetBird continues to move toward the launch of Europe’s first low cost executive jet taxi operator in 2009. The fundraising was underwritten, arranged and completed by Claret Capital.
What Company says:

JetBird Chairman, Dómhnal Slattery, commented “We are pleased to announce the successful completion of this private placement. This equity capital raising reflects strong support from existing shareholders and new investors in JetBird. As JetBird’s largest individual shareholder, my interests are fully aligned with those of our shareholders and we will maintain an unrelenting focus on the steps towards launch.”


“This capital raising represents a significant uplift in valuation since JetBird’s launch. This, in part, reflects the increased value of our order of 100 Phenom 100 aircraft following a number of recent price increases. JetBird is now adequately capitalised to sustain its medium-term objectives," Slattery said.


"JetBird’s ability to deliver a premium product, at a lower price point, reflects our choice of the best-in-class aircraft in the industry. Embraer’s Phenom manufacturing and flight testing programme is on schedule. The Phenom programme’s continuing progress validates JetBird’s choice of the best-in-class aircraft from a manufacturer with proven commercial expertise and a track record of delivering aircraft on time and to a commercial, operable standard," JetBird CEO, Stefan Vilner said.


"We look forward to putting in place financing for our first 25 aircraft later in 2007 and are on track to launch our service, on schedule, in 2009," he said.
more at:http://www.flyjetbird.com/

Consorte Media Inc., a San Francisco-based provider of marketing services to the Spanish-speaking market, has raised $7 million in Series B funding

What Company Is Offering:

Consorte is the leading provider of online marketing solutions targeting the Hispanic market. Through its media network of premium content sites, its extended advertising network of third-party sites and its targeted lead generation services, Consorte provides companies with multiple ways to connect with Hispanic consumers online. Consorte applies its Spanish-language media expertise and deep knowledge of the Hispanic consumer market to generate high-quality results for its customers.

How It Works:

Consorte Media makes it easy for leading advertisers to target the U.S. Hispanic, Latin America and Spain markets effectively. We provide tailored campaigns for brand marketers and direct marketers alike.
Consorte Media enables direct marketing advertisers to reach Hispanics in a cost-effective way and one that provides a measurable return on investment. The advertiser need only outline its requirements for a sales lead (age, income level, etc.) and Consorte Media can deliver customers that meet this criteria. There are no upfront costs, the leads are delivered in real-time, and custom campaigns can be launched. Consorte Media currently drives leads in debt, mortgages, ringtones, and auto.
They can deliver the right ads to the right consumer at the right time. Consorte Media knows where to find consumers online, what they will respond to and how to optimize campaigns to make the most of online advertising dollars.

Via their Hispanic-focused ad network, the Consorte Media Ad Network, they bring together leading brand and direct advertisers with hundreds of top quality Hispanic-focused online publishers, with a technology – and research-driven approach.

How Much They Got From VCs:

Consorte Media Inc., a San Francisco-based provider of marketing services to the Spanish-speaking market, has raised $7 million in Series B funding. Sutter Hill Ventures led the round, and was joined by return backer Mayfield Fund. The company raised a $3.2 million Series A round late last year from Mayfield and Band of Angels.
http://www.consortemedia.com/

Selltis, LLC is a provider of on-demand customer relationship management has raised an undisclosed amount of VC funding

What Company Is Offering:

Selltis, LLC is a provider of on-demand customer relationship management (CRM) software for end-to-end sales process automation. Specializing in the needs of technical and industrial sales organizations, Selltis manages all aspects of the customer and partner relationship lifecycle.
How It Works:
Selltis™ is an integrated software system that manages the business processes involved in generating and maintaining sales for technical and industrial organizations – from marketing campaigns and lead management to managing complex projects, quoting, and providing field service.

Built on the company's unique, "many-to-many" data linking Hyperrelational? technology, the Selltis Sales platform allows industrial sales teams to "Link The Way You Think?." Expanding on the company's unique, hyperrelational? technology that offers "many-to-many" data linking, the new Selltis Sales 5.0, planned for general availability in early 2008, allows users to manage all aspects of the customer and partner relationship lifecycle. This "Link The Way You Think?" approach provides the capability to proactively manage complex, team sales environments. The Selltis Sales platform includes tools to automate marketing campaigns and lead management as well as quoting and field service.


How Much They Got From VCs:
Selltis LLC, a New Orleans-based provider of on-demand CRM software for end-to-end sales process automation, has raised an undisclosed amount of VC funding from Advantage Capital Partners and Enhanced Capital Partners.
About VCs:
1. Enhanced Capital Partners

Founded in 1999, Enhanced Capital Partners is a national investment firm with over $400 million under management specializing in investments in small and mid-size companies. Enhanced Capital provides a range of investment options to promote the growth and expansion of businesses. Our flexibility and practical investment approach can make the difference in maximizing the growth potential for a company poised for rapid growth. Enhanced Capital's team members have extensive experience working with high growth businesses and a proven track record for helping our portfolio companies realize their full potential. For more information, visit www.enhancedcap.com.

2. Advantage Capital Partners

Advantage Capital Partners is an innovative group of venture capital partnerships with more than $800 million under management. Established in 1992, the firm has grown from its origins in Louisiana to include offices in Missouri, New York, Texas and Washington, D.C. From the start, Advantage has raised private funds to invest in states and communities underserved by traditional sources of risk capital. The firm has built a strong track record of public-private partnerships with state and federal organizations, facilitating the flow of billions of dollars of investment capital into these communities. In conjunction with such efforts, Advantage provides equity and debt capital ? along with value-added counsel and other support ? to promising operating businesses that have the potential for excellent investor returns as well as significant community impact. The firm uses this dual bottom line to measure its success. For more information, visit www.advantagecap.com.
More at:http://www.selltis.com/

Decipher, Inc. is a marketing research services provider specializing in online survey Got VCs Funding

What Company Is Offering:

Decipher, Inc. is a marketing research services provider specializing in online survey programming, data collection, data processing/reporting, and custom technology development.
How It Works:

Utilizing Web-based applications, Decipher integrates state of the art technology with traditional research techniques. In an industry that's $8.2 billion and growing, Decipher's online survey tools and data reporting suite provide users with the unique ability to automate post field production, and significantly increasing the accuracy and quality of research reporting for their businesses.

How Much They Got From VCs:
Decipher Inc., a Fresno, Calif.-based provider of online survey software, has raised an undisclosed amount of VC funding from DCA Capital Partners.

What VCs Says About Company:

Decipher is a market leader in providing customized market research services to high-profile clients operating around the globe and has built a strong reputation for quality in this rapidly expanding market," says Jeremy Wolfe, a Partner at DCA. "They are highly regarded by customers and competitors alike and continue to develop leading services and tools for the industry. We hope our investment and partnership with the company will accelerate that success."

What's Purpose Of Raising Funds:

The proceeds of the financing will be used primarily to pursue additional growth opportunities as well as further expand the operations and development staff. "We are thrilled to partner with DCA in capitalizing on the exciting growth prospects we see ahead of us," says Jamin Brazil, Co-CEO of Decipher Inc. "We could not be more energized by the attractive growth opportunites we're seeing in the marketplace and believe this is the right time to raise institutional capital to capitalize on those opportunities," says Decipher Co-CEO Jayme Plunkett.
About VCs:
DCA Capital Partners is a private equity fund formed to provide expansion capital to growth?oriented, middle?market businesses in underserved markets across the broader Northern and Central California region, and the Pacific Southwest (Arizona and Nevada). In conjunction with its institutional investor partners, the Fund provides promising later?stage companies with additional capital and expertise needed to successfully expand and extend their businesses.

DCA Capital provides expansion capital for the purpose of both investing in strategic and operational growth or acquisitions, as well as funding full and partial liquidity to business owners interested in diversifying their investment risk and portfolio. The Fund will also invest selectively in divisional spinouts/divestitures and industry consolidation opportunities.
More at:http://www.decipherinc.com/

The vLex database allows you to search for legal information you need from a single search engine

What Company Is Offering:
The vLex database allows you to search for legal information you need from a single search engine. It doesn’t matter what content you are looking for, nor from which country you are in. vLex will perform your search and with its advanced algorithms, it will reveal more relevant information.
How It Works:
vLex is one of best resources for legal information, both local and international. The interface is very straight forward and does not require a lot training to learn how to operate. Mostly, they appreciate the time saved on quick searches through the Books and Journals collection, along with full access to Contracts and Forms.
Exclusive rights to specific documents and publications have been given to vLex. This important information they provide to their customers with access to content in full text.

They are committed to helping you find the information you need. For that reason, vlex has features that enable you to store documents you deem important, create alerts of new developments on specific topics or journals, RSS and more. Search Features:Advanced search Forms ,Stemming ,Combination of fields ,Specialized search engines for each type of content ,Boolean operators and proximity Wildcards ,Internal search for each document ,Complex searches with combination operators.
Personalization tools:Search Alerts ,Journals summary alerts ,RSS ,Document Tagging ,Favorite documents ,Personal Search Suggestions ,Search history .
More at:http://vlex.com/promos/

Insightory--Connecting Management Professionals,Business Students To Share Their Insights With The Corporate World

What Company Is Offering:

Insightory is a platform for management professionals, academicians and graduate business students to share their knowledge and insights with the corporate world, solve management issues collaboratively, and network with peers who have similar professional interests.


How It Works:

Their goal is to do for management knowledge what Wikipedia has done for general knowledge i.e. put it out on the "open" web, so that those who have expertise can add to it, and those who need the expertise can tap into it. In doing so, they will create powerful networks, with rich opportunities for "providers" as well as "seekers" of management knowledge.

They believe in : Companies need a constant supply of "management knowledge" (best practices, trends, how-to's, insights, etc.)
Having access to multiple viewpoints is better than having access to a few.
Management knowledge is not the essential domain of a few; it is distributed among tens of thousands of smart, experienced people all over the world.
Currently, there isn't any effective way for companies to tap into the experience and expertise of those who aren't employees or contractors / consultants.
The most efficient mechanism for building and distributing knowledge is an open, internet-based system.
More at:http://www.insightory.com/