Blog and media network Sugar Inc. will announce a third round of funding today, $16 million from Sequoia Capital.
They are using at least some of the proceeds, they say, to buy out NBC, which invested $10 million in the company in June 2007. The NBC investment came with an advertising sales deal that the companies dissolved last year.
The YouTube generation needs its QVC. That is what Shopflick is trying to become, but with an edgier feel targeted at younger Internet shoppers. The LA-based startup has raised $7 million in a series A financing, led by Panorama Capital and Venrock. Earlier it raised $1 million in angel money, including from former Guba CEO Tom McInerney. Like eBay, the company plans to make money from listing and… → Read More
It was only a matter of time before someone created an online video-shopping marketplace. Mix together eBay and YouTube and you get Shopflick, a Los Angeles-based startup in private beta that wants to bring the art of video selling to the Web. Sellers can set up shop with their own page highlighting their store and the products they have for sale. Most of the information is presented in video… → Read More