Archive for November, 2007

LesConcierges raises $2.4M for concierge service

LesConcierges, a San Francisco, Calif. company that handles event planning and assistance with leisure activities, has taken $2.4 million in a third round of funding.
The company, which was founded way back in 1987, provides services for employees of corporations, credit card holders and individuals.
Funding was provided by the Keiretsu Forum, a large association of angel [...]

Avail Media, IPTV video provider, raises $25 million

Avail Media, provides telecommunications companies like AT&T with video programming from MTV, FOX, Disney and other media companies. It has closed another large round of funding.
The Reston, Va.-company has raised $25 million in funding from Valhalla Partners, Columbia Capital, Novak Biddle Venture Partners and Pioneer Ventures. It has also raised $5 million in debt financing [...]

Facebook gets $60M from Hong Kong billionaire Li Ka-shing

Facebook has gotten a new $60 investment from Hong Kong billionaire Li Ka-shing, in what could be move to get savvy help in China as the popular social network prowls for the best way to enter the hyper-competitive market.
Li Ka-shing (pictured here) was named ninth richest person in the world by Forbes, valued at $23 [...]

Facebook moves to force magazine to take down documents

Facebook has filed two legal motions to force a magazine to take down from its Web site court documents related to a suit filed against Facebook and its founder Mark Zuckerberg about his early actions.
Facebook’s lawyers notified 02138, a magazine for Harvard alumni, to remove the documents, saying that the documents are sealed by court. [...]

Google to bid in the wireless spectrum auction

Google has just announced it apply to participate in the Federal Communications Commission’s upcoming auction of wireless spectrum in the 700 megahertz (MHz) band, a move that, if successful, will force more competition and openness in the long-closed wireless industry.
From the company’s statement:
As part of the nationally mandated transition to digital television, the 700 MHz [...]