August 9th, 2006

Viacom to buy Atom Entertainment

San Francisco’s Atom Entertainment is about to be purchased by media giant Viacom, the Wall St. Journal reports. Atom Entertainment is home to Atom Films, a site that highlights short films, and the ShockWave series of game sites. The price is rumored to be $200 million; Valleywag reported on the WSJ story first. Viacom was rumored yesterday to be interested in purchasing social networking site Bebo, possibly for a staggering sum. Bebo plus Atom under the Viacom umbrella could pose a formidable challenge to MySpace. → Read More

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OpenLabel — Received $80k in Seed funding from Peter Kirwan, Tim Drees, and Doug Taylor
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Sasko Studios — Company added to CrunchBase
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Peter Kirwan — Invested in OpenLabel.
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Jive Software — Went public with stock symbol NASDAQ:JIVE.
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Cidade Internet — Acquired by Populis.
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LetsBuy.com — Acquired by Flipkart.
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OpenLabel — Received $80k in Seed funding from Peter Kirwan, Tim Drees, and Doug Taylor
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Courtagen Life Sciences — Received $8M in Series B funding
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Media Armor — Received $1.53M in Series A funding from iNovia Capital and Greycroft Partners
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Peter Kirwan — Invested in OpenLabel.
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Doug Taylor — Invested in OpenLabel.
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Tim Drees — Invested in OpenLabel.
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Metamorphic Ventures — Invested in sneakpeeq.
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Tim Kendall — Invested in sneakpeeq.
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Jive Software — Went public with stock symbol NASDAQ:JIVE.
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Sasko Studios — Company added to CrunchBase
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WineMob — Company added to CrunchBase
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Alcoa Inc — Company added to CrunchBase
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