Posts tagged as:

financing

Digg gets bags of cash, but for what?

by Mathew on September 24, 2008 · View Comments

So Digg has raised an additional $28.7-million from its various financial backers, according to a blog post by co-founder Jay Adelson, a press release from the company, and numerous reports from the blogosphere. That’s almost three times as much as Digg has raised so far, in two previous rounds of financing. Why so much? That’s [...]

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Twitter raises money, birds fly

by Mathew on April 27, 2008 · View Comments

Sarah Lacy of Yahoo’s TechTicker show — yes, the same one who did that interview with Mark Zuckerberg at SXSW that was either a train wreck or merely underwhelming, or somewhere in between — has a post up at her blog that spends several hundred words telling us how uninteresting it is that Twitter is [...]

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WordPress lands a whopper

by Mathew on January 22, 2008 · View Comments

As my friend Om Malik is reporting — and as founder Matt Mullenweg has confirmed on his blog — the company behind WordPress has landed $29-million in financing, including an investment from none other than the New York Times. This sounds like a great deal for an equally great company, one whose products I not [...]

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NowPublic.com — the “citizen journalism” site based in Vancouver — has turned down takeover bids from two major media entities (both based outside of North America) and closed a $10.6-million financing round with a series of U.S. and Canadian venture funds. I wrote a news story about it for the Globe and Mail Update: TechCrunch [...]

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The solution is, well… Obvious

by Mathew on October 26, 2006 · View Comments

Evan Williams — founder of Blogger and of the podcasting startup formerly known as Odeo — took a lot of heat from certain sections of the blogosphere awhile back, after standing up at the Future of Web Apps conference in San Francisco and freely admitting that he had screwed up with Odeo in a whole [...]

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