Giga Omni Media, parent company of the GigaOm technology-focused blog, among others, has raised a fresh $2.5 million of funding, VentureBeat reports. The new round, which brings GigaOm’s total funding raised to date to $8 million, comes from two previous backers, True Ventures and Alloy Ventures. VentureBeat reports that the new fund-raising is “kind of [...]
Venture capitalists poured less money into U.S. start-ups in the third quarter and split this among more companies, signaling that investors are trying to be more economical with their funds, Reuters reported. According to a study set to be released Friday, start-up investments declined 7 percent to $4.8 billion in the July-September period, compared with [...]
Venture capitalists poured less money into U.S. start-ups in the third quarter and split this among more companies, signaling that investors are trying to be more economical with their funds, Reuters reported. According to a study set to be released Friday, start-up investments declined 7 percent to $4.8 billion in the July-September period, compared with [...]
Ongo, an online news venture based in Silicon Valley, has nabbed $12 million in funding from three of the country’s largest newspaper groups. The start-up announced Wednesday that The New York Times Company, The Washington Post Company and Gannett Company had ponied up $4 million a piece for an initial round if funding. Ongo said [...]
Sanofi-Aventis is looking to line up additional financing as it mulls upping its bid for Genzyme, The Wall Street Journal reported, citing people familiar with the situation. The French drug giant has approached Citigroup and Bank of America about potentially ponying up funding for its bid for the U.S. biotech. However, a Sanofi spokesman told [...]
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