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Tuesday, July 21, 2009

Ning Raises $15 Million More at a–Yes, Really–$750 Million Valuation

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In a quiet fund-raising effort, Ning has raised $15 million more, a round that is valuing the social networking start-up at an eye-popping $750 million.

The money for this fifth Series E round comes from Silicon Valley’s Lightspeed Venture Partners.

The Palo Alto, Calif.-based Ning, founded by well-known entrepreneur and Ning Chairman Marc Andreessen and CEO Gina Bianchini, confirmed the funding when contacted by BoomTown. It was not actively searching for funding.

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Monday, November 3, 2008

Video of RockYou Founders Talking About the New $17 Million Funding for Asian Expansion

Widget maker RockYou announced today that it has nabbed a $17 million investment from two Asian firms, SoftBank Group and SK Telecom Ventures.

The investment will be added to $35 million from the Redwood City, Calif.-based start-up’s C round in June. Overall, RockYou has raised a total of $67 million and–before the current econalypse–had previously reported a $400 million valuation.

In a video with BoomTown, the company’s co-founders, CEO Lance Tokuda and CTO Jia Shen, said the new funding would be used to expand into the Asia-Pacific market, add offices and staff and make acquisitions.

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Wednesday, March 19, 2008

RockYou: The $400 Million Widget?

RockYou, widget maker, is the latest example of a sane valuation heartbreaker, as it is undertaking efforts to secure an investment from mainstream financing firms that would value the company at between $300 million and $400 million.

First reported by Valleywag last night, the start-up, said one source, “is being squired around Wall Street” by investment behemoth Morgan Stanley, in search of the same kind of deal its rival Slide got in January.

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Tuesday, December 4, 2007

Flixster for Sale (Again)?

Yesterday, a source told me that Flixster, the fast-growing social network for movie lovers, was back in talks to be bought by Barry Diller’s InterActiveCorp.
Those IAC-Flixster rumors flew about a month ago and were entirely true.
But no deal, it seems. IAC has apparently found the price too high, according to other sources. But, said [...]

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Monday, October 22, 2007

Kara Visits the Offices of RockYou

So I recently ventured into the heart of the empire of toddler developers with a visit to the San Mateo, Calif., HQ of RockYou, the super-popular maker of third-party apps on hot social-networking sites like Facebook and MySpace.
I have been on a bit of a grumpy tear of late about the juvenile nature of [...]

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference.

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Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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