Archive for October, 2007

OpenSocial good for developers — when will it matter to users?

Google’s OpenSocial has gained a lot of publicity for opening up standards between social networks. But one key ingredient missing from OpenSocial is the applications themselves. What can developers make that will be actually be useful? That question still hangs over Facebook’s developer platform.
Without useful apps, these other networks — Plaxo, LinkedIn, etc — may [...]

Natural language advertising coming: Peer39 receives $8.2M

When we broke the news of peer39’s initial $3 million funding in March, we reported that the company was working on a platform to use natural language processing for advertising. Less than six months later, we’ve learned that the startup has taken another $8.2 million.
The company, although trying to remain secretive, tells us it will [...]

Curbed.com raises $1.5M for real estate blog network

Curbed.com, a popular real estate blog network with sites in New York, San Francisco and Los Angeles, has obtained $1.5 million in financing to expand into new cities and add staff members, according to the New York Times.
According to Lockhart Steele, the network’s publisher, traffic is growing 10 percent a month and the site [...]

VRT Insurance raises $5M for new brokerage model

VRT Insurance Services, an Oakland, Calif. insurance brokerage company that shares half its profits with its regional affiliates, has raised $5 million in a first round of funding
See the statement here.
The company comes from private equity investment firm Belvedere Capital. 

GridNetworks, raises $9.5M to take on Joost, BitTorrent, others

GridNetworks, a Seattle-based company that delivers TV-video content over broadband, has raised $9.5 million in a first round of funding. Panorama Capital led the deal, and was joined by two strategic investors that weren’t named.
We wrote about the company a year ago. It faces tough competition, but has its own technology that it says delivers [...]