Tue 22 May 2007
Deal RoundUp for May 22: Clupedia; Wallstrip; Winward Mark; World Hum
Posted by EPR-Network under Deals, Entertainment, Financial, Internet & Online, Small Business, Software, Technology, Travel, web 2.0
Santa Ana, CA, based startup Clupedia announced that it has raised $1.3 million in funding from Tech Coast Angels, a group of 270 investors in Orange County. Clupedia’s founder David Saad claims that he has put down $2.3 million of his own money into startup. David Saad is a serial entrepreneur who had previously founded Braintec that was sold to Р’В Technisource. To add weight to the startup’s story, Johannes Larcher sits on Clupedia’s board. James had served as VP of Friendster and prior to that heР’В was the chief of staff at Overture, which Yahoo bought in 2003 for nearly $2 billion.
Confirmed: CBS Acquires Wallstrip
Wallstrip founder Howard Lindzon confirmed the deal on his blog on Monday - presenter Lindsay Campbell and producers Adam Elend and Jeff Marks will become full-time employees of CBS, says Gigaom . The show had raised $600,000 from angels and friends, including Fred Wilson and Brad Feld. It’s a great exit for Wallstrip, and may give hope to other videoblogs that want to make the leap.
Second Life Acquires Winward Mark for More Realistic Game Play
Linden Lab, parent company of Second Life , announced today its acquisition of graphics technology from Windward Mark Interactive, for an undisclosed amount. From the deal, Linden Lab will acquire WindLight, an atmospheric-rendering technology , Nimble, a 3D cloud simulator , and associated intellectual property and interests.
The Travel Channel Acquires Travel Blog for Editorial Content
The online component for the Travel Channel announces today that it has acquired World Hum , an online travel magazine blog, for an undisclosed amount. As part of the deal, Travel Channel visitors will be able to access exclusive content from World Hum’s editors and contributors.
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