The latest from TechCrunch
- Online Marketing Technology Company Netsertive Scores $4 Million Series A
- Dell Planning Another 7-inch Tablet, 10-incher Coming Soon
- PayPal Will Soon Ramp Up Protection Of Buyers Worldwide (But Not For Me)
- Geomium, A Location-based Social Network Powered By Data From Yelp, Qype And Eventful
- Dawn Capital Invests In European Online Printing Company Optimalprint
- Social Learning Company Koofers Raises $5 Million From Revolution, Others
- Jaiku Founder Raises Seed Funding For New Venture, Pingpin, Wastes My Time
| Online Marketing Technology Company Netsertive Scores $4 Million Series A | Top |
| Netsertive , a North Carolina-based online marketing technology company, today announced it has raised $4 million in Series A financing. New York-based venture capital firms RRE Ventures and Greycroft Partners co-invested in the startup. Netsertive essentially aims to help small and medium sized businesses – as well as their related product manufacturers – reach customers in their respective local markets throughout North America with a strongly data-driven approach to online search & display advertising. To accomplish this, the fledgling company uses patent-pending technology capable of delivering its online marketing solutions with a strong vertical industry focus. Netsertive's system continually refines its proprietary knowledgebase within the industries it serves, delivering search advertising as well as co-branded online display advertising developed specifically for each industry. Netsertive says it plans to hire 35 more people within the next year to keep up with its growth. CrunchBase Information Netsertive Information provided by CrunchBase | |
| Dell Planning Another 7-inch Tablet, 10-incher Coming Soon | Top |
| I love me some Dell Streak . It is, in short, one of the best slates I’ve seen since the iPad (I haven’t seen the SamGalTab yet, but Greg liked it). Well, Dell is at it again with another 7-incher in the next few weeks and a 10-inch model in the next few months. This is obviously all rumor and innuendo right now but it seems in line with Dell’s current tablet roll outs. Read more… | |
| PayPal Will Soon Ramp Up Protection Of Buyers Worldwide (But Not For Me) | Top |
| PayPal has offered buyer protection on its parent company eBay ‘s properties since October 2003. Last year, the electronic payments juggernaut began offering purchase protection on merchant sites for select purchases, if the buyer didn't receive the item. Beginning November 1, shoppers around the world will have expanded buyer protection when they make purchases at the millions of retailers that accept PayPal, just in time for the busy holiday season. The expanded protections will cover shoppers on merchant websites if they don't receive an item they’ve purchased, or if they receive an item that is significantly different than described by the merchant (“That’s not an iPad, that’s an iPod Touch photographed from closeby”). Important: PayPal says it will extend the additional benefits to shoppers in nearly all of the 190 countries it serves, but it’s leaving out a bunch of big (mostly European) ones – Brazil, France, Italy, the Netherlands, Spain, Poland and even my home country Belgium will not benefit from the extended policy (sad clown face). CrunchBase Information PayPal Information provided by CrunchBase | |
| Geomium, A Location-based Social Network Powered By Data From Yelp, Qype And Eventful | Top |
| Geomium , a new location-based social network, gets its official launch today, in London first but with other UK cites and then Europe and the U.S. to follow. As with other such services, it lets users connect with friends, but it also emphasizes meeting new people and throws in venue data such as bars, restaurants, etc., as well as local deals and events -- all with a focus on real time. If anything the service is in danger of overwhelming the user while also coming across as another me-too offering: How is Geomium different to the likes of Facebook Places, Foursquare, Rummble, Yelp etc.? But actually, that's why it might just work. | |
| Dawn Capital Invests In European Online Printing Company Optimalprint | Top |
| Dawn Capital has invested a "substantial" but undisclosed amount in Optimalprint , the European online printing company. Optimalprint says it will use the new capital to expand its existing technology and distribution platform, initially in Europe but eventually globally. The company, founded in 2007, offers premium quality, low cost printed materials for residential and business customers, such as greeting and business cards, office stationery, invitations and calendars, targeting 50 countries worldwide. | |
| Social Learning Company Koofers Raises $5 Million From Revolution, Others | Top |
| Social learning startup Koofers today announced that it has scored $5 million in Series A equity funding. This round includes Revolution , created by AOL (yes, our new parent company ) co-founder Steve Case , and Nigel Morris ‘ QED Investors with participation of the company’s existing investors, New Atlantic Ventures and Altos Ventures . Koofers aims to empower students to help each other learn by providing open and free access to course materials , class and professor ratings , study aids and more. The company says the new capital will be used for product development, marketing and getting more content. Koofers has aggregated data from more than 400 universities and uses social networks such as Facebook to attract students, who use the service to prepare for class, study more efficiently and save money. More than 310,000 college students have signed up so far. Said John Backus from New Atlantic Ventures: "Koofers is driving the reinvention of our university system. Traditionally, academic education has been top-down, with the wise teacher imparting knowledge, one way, to the blank-slate mind of the student. Social media on the web destroys this hierarchy and creates a level playing field for knowledge around the world, where students and professors learn from and teach each other.” Founded in 2008, Koofers is headquartered in Reston, VA. Heading the company is CEO Gio Hunt , a veteran AOL executive. CrunchBase Information Koofers Information provided by CrunchBase | |
| Jaiku Founder Raises Seed Funding For New Venture, Pingpin, Wastes My Time | Top |
| Looks like Jaiku founder and former Googler Jyri Engeström is up to something new . According to an SEC filing , a startup listing Engeström as chief executive officer called Pingpin has just raised $775,000 in financing. Backers are BetaWorks (the startup’s address matches that of the early-stage investment firm) and True Ventures , as founder and managing partner Jon Callaghan is listed as a director as well. Update: silicontap stumbled upon this yesterday. I’ve tried to contact Engeström to learn more about what Pingpin is, but have yet to receive a response (according to his Twitter feed , he’s attending TechCrunch Disrupt SF so he’s likely still asleep). When I signed up to be notified when it launches, I did get this message: You’ll be notified at **@gmail.com when Pingpin becomes available on the App Store. Which means they’re building an iOS application, evidently. Another indication that it concerns something in the mobile space is the fact that the third director listed is a man named Teemu Ikonen . According to his LinkedIn profile, Ikonen spent years at mobile messaging infrastructure company Airwide Solutions after it bought the company he was working for since January 2001 ( First Hop ). Other than that, it’s anyone’s guess what Pingpin is, but we’re keeping a close eye on it. Engestrom famously sold Twitter rival Jaiku to Google back in October 2007. Two years later, he left the Internet giant to pursue new things. Oh, and if you’re looking for some time to kill, enter your email on the Pingpin website to know when they launch. I just wasted 15 minutes trying to land that damn balloon (obviously, I’m really bad at casual online games). CrunchBase Information Jyri Engestrom Betaworks True Ventures Information provided by CrunchBase | |
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