finance
The Adotas Internet Advertising Finance Section focuses on the financial news and activities of the Internet advertising financial marketplace. Internet advertising financial news encompasses mergers and acquisitions, stocks, venture capital action, and beyond to the activities of financial market leaders. Adotas is proud to provide complete coverage of the Internet advertising financial marketplace so you can remain informed and competitive.
SpeedDate Reels in $6M
ADOTAS – SpeedDate, an online dating destination, raised $6 million in a Series B round of financing, according to TechCrunch. Menlo Ventures led the round. How SpeedDate works: the site provides users with a several 3-minute dates conducted via video, audio and chat. If the date is considered a success by [...] more...
Lifetime Buys ParentsClick
ADOTAS – Cue the soaring chick rock: Lifetime Networks has made its first digital acquisition. Lifetime Network has been making a serious push into the online market – and the purchase of ParentsClick Network underlines it. Financial details were not disclosed. The privately held ParentsClick is known for its strong presence [...] more...
Report: Online Advertising Not Affected by Downturn
ADOTAS – Carat has slashed its spending forecasts for advertising this year and next. Worldwide, it lowers its prediction this year to 4.9% growth (a 1.1% drop). Carat blames the drop on a downward spending trend in the U.S., the U.K., Spain and China. Online advertising emerges unscathed, however: 2008 will [...] more...
Andreessen, Horowitz Invest in Startup Qik
ADOTAS — Qik, a mobile service users can employ to broadcast live video from their cell phones, just received serious financial (and moral) support from Marc Andreessen and Ben Horowitz, according to reports. The duo worked together at Netscape and Loudcloud. They will join Qik’s board. Qik debuted its public beta [...] more...
Funding Round-Up: JumpTap, Brand.net
ADOTAS — Mobile search and ad company JumpTap has closed a Series D round of funding in excess of $26 million, the company reports. AllianceBernstein L.P. led the round, with all existing investors also participating, including General Catalyst Partners, Summerhill Venture Partners, Redpoint Ventures, Valhalla Partners and WPP. The money [...] more...
Funding Round-Up: Conviva, Demandbase
ADOTAS – Conviva, a developer that pledges to deliver live Internet video faster and better than other companies, has raised $20 million in a series B round of financing led by UV Partners. Previous investors New Enterprise Associates and Foundation Capital also participated. Conviva has raised $29 million so far. Demandbase, [...] more...
Is Akamai Technologies for Sale?
ADOTAS – Rumors are swirling (thanks primarily to Credit Suisse) that Akamai Technologies is for sale. The content delivery network could be snapped up by the likes of AT&T, a foreign telecom or Microsoft, the Silicon Alley Insider speculates. Shares were trading at about $23.59 (up 4.43%) around 12:15 p.m. [...] more...
Facebook To Make Ads More Social
ADOTAS – Will this new ad format finally do the seemingly impossible? Facebook has unveiled a new suite of engagement ads in yet another attempt to finally, really monetize social media through ads that have been designed to ramp up click-throughs. Facebook is billing the change (it’s still being tested) as [...] more...
Verizon, Google Deal To Bring Mobile Into Big Leagues
ADOTAS – Verizon and Google are set to launch a mobile search partnership – a move that will shake up the burgeoning industry and a sign that major players are looking beyond the tried-and-true online advertising techniques they’ve come to rely on. Mobile search is still in its infancy (it’s worth [...] more...
Turn Reels in $15M
ADOTAS – Online ad network Turn Inc. just closed a $15 million round in private equity financing. It was led by Focus Ventures with Norwest Venture Partners, Trident Capital and Shasta Ventures participating. This latest round infuses the company’s coffers with about $37 million worth of funding. Turn will use the [...] more...
Spotlight
AdMob: Google’s Move Into Mobile Fray Helps UsADOTAS EXCLUSIVE – AdMob offers the biggest mobile advertising marketplace on the planet — and the company was founded just [...] more...
Latest News
- Rumors of Steve Jobs’ Demise Greatly Exaggerated August 28th 2008
- Ruling in Suit Against Veoh Gives YouTube Hope August 28th 2008
- SpeedDate Reels in $6M August 28th 2008
- TV Ads To Ape Online Ad Model August 27th 2008
- Hulu Faces Stiff Competition from TheWB.com August 27th 2008
- Microsoft Sued for Click Fraud August 27th 2008
- Lifetime Buys ParentsClick August 27th 2008
- Recall Boosted 52% With Contextually Relevant Ads August 27th 2008
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