Rdio Streams Music from the Cloud
By Azam on June 3, 2010 Add a Comment
Radio is music streamed to your ears from the cloud brought to you by the creators of KaZaa and Skype. Rdio is trying to bring the music streaming business model using cloud computing. The beauty is the ability to play…
Continue Reading...TweetDeck Raises 3M and Brings Live Streams to the Desktop and Wireless Device
By Azam on May 21, 2010 Add a Comment
TweetDeck is a highly popular application that allows you to read and post on social networking sites. TweetDeck has raised 3 M in a Series B round led, betaworks. TweetDeck allows users to post from a single application to multiple…
Continue Reading...Booyah Closes 20M Round Lead By Accel
By Azam on May 17, 2010 Add a Comment 
Booyah, creator of the popular location-based mobile app MyTown, has closed a $20 million round of financing and added renowned investor, Jim Breyer to its Board of Directors. Led by Accel Partners, a premier global venture firm with investments in…
Continue Reading...GILT Groups Raises 35M for Luxury Expansion Plans
By Azam on May 14, 2010 Add a Comment
Gilt Groupe is highly successful luxury online retail site has raised 35M to fuel further expansion. Gilt has skillfully navigated the luxury segment of retail ecommerce through simple and sleek designed site that offers steep discounts for members only invitation…
Continue Reading...onesocialweb Breaking Barriers in the Social Networking
By Azam on May 13, 2010 Add a Comment
onesocialweb plans to enable free, open, and decentralized social applications on the web. The protocol can be used to turn any XMPP server into a full fledged social network, participating in the onesocialweb federation. The suite of extensions covers all the…
Continue Reading...NYT: Four Nerds and a Cry to Arms Against Facebook
By Azam on May 12, 2010 Add a Comment 
David Goldman for The New York Times
Ilya Zhitomirskiy, 20, far left; Dan Grippi, 21; Max Salzberg, 22; and Raphael Sofaer, 19, all students at N.Y.U., are trying to reinvent social networking online.
By JIM DWYER
Published: May 11, 2010
NYT Link below…
Continue Reading...Lithium Buy Scout Labs for 25M to Expand in Social Networking Disscussion Forum Groups
By Azam on May 10, 2010 Add a Comment 
Lithium provides companies with on demand community forums used for customer service, social networking and related functions.
The Emeryville company, which provides on-demand online forums for purposes ranging from customer service to discussion groups, and development of richer features for its…
Continue Reading...AdReady Raise more with 5.3M from Kholsa, Bain, and Madrona
By Azam on Add a Comment 
AdReady adds more cash to display more ads in a banner raise and board additions. The company was co-founded by Aaron Finn in 2006 and had raised $12 million prior to this funding round, from investors such as Madrona Venture Group,…
Continue Reading...Groupon is a Coupon Service that is More Like a Group Hug
By Azam on April 20, 2010 Add a Comment
Groupon the coupon vendor has amassed a massive round of funding 135M from Digital Sky Trading. The sky high valuation is a large wager on social network buying. Groupon is based on the simple premise of offering a discount to…
Continue Reading...TweetUp is the Search Adverting Model for Tweets
By Azam on April 12, 2010 Add a Comment
TweetUp aims to provide relevant search results on Twitter using ad words. If this sounds familiar, It is because Bill Gross who pioneered search advertising is behind TweetUp. Besides being a serial entrepreneur, Bill Gross started GoTo.com and later renamed…
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