News Archive
12 July 2007
The Deal Blogs
By Mary Kathleen Flynn
TVtrip.com, an online search engine for hotels in Europe that features video clips, has secured $4.8 million in Series A financing from Balderton Capital (the newly named London-based European team of Benchmark Capital) and Partech International. The travel Web site was founded in May by four former execs from Expedia Eu..
02 July 2007
Siliconrepublic.com
By John Kennedy
The venture capital company in which ex-Digifone chief executive Barry Maloney is a partner, Balderton Capital, has taken a multimillion dollar investment in Europe’s first online advertising marketplace AdJug.com. The investment includes participation from Espotting founder Seb Bishop and will see TradeDoubler vice-..
28 June 2007
Silicon.com
By Andy McCue
'It's not stupidly cheap but it is cost effective'... Online betting and gaming company Betfair has set up an offshore software development centre in Romania to cope with the demands of its rapidly expanding product portfolio. Betfair opened the 50-person facility earlier this year with just eight developers. Already it is u..
28 June 2007
VentureWire
By Staff Reporters
Wonga, an online service for same day personal loans, has raised a $6 million round of investment to finish developing the company's technology platform. Balderton Capital, formerly Benchmark Capital Europe, provided the funding. Wonga.com is designed for people who want a short term, unsecured, same-day cash loan to help them..
25 June 2007
Business wire (New york)
By Business wire
Daylife, a news platform that helps publishers add content and context to their news and develop pioneering news experiences and products, today announced that it has completed a $8.3M round of funding led by Balderton Capital, formerly Benchmark Capital Europe. The investment, which also includes participation from vent..
20 June 2007
Business wire (Ireland)
By Business wire
Global, multi-divisional enterprises use Enterprise Conglomerate to deliver real-time “Thank Yous” Globoforce, the leading provider of worldwide, on-demand employee reward & recognition programs and sales incentive solutions for Global 2000 companies, today announced its latest offering, Enterprise Cong..
14 June 2007
The Times
By Dan Sabbagh
Codemasters, the computer games developer behind the Colin McRae rally series, is preparing for a Pounds 200 million-plus flotation in the next year, after its principal investor completed the buyout of the brothers who founded the firm. Richard and David Darling sold their remaining interest of about 25 per cent to the existing investor Bal..
13 June 2007
Times Online
Rhys Blakely
Apple signs its first distribution deal with a social networking site, as it seeks to extend its dominance in digital music From Apple has signed a music distribution deal with Bebo, its first with a social networking site, as it seeks to extend its dominance in digital music. Under the deal, described by Apple as a “super-a..
12 June 2007
Business wire (Ireland)
by Business wire
NewBay Software, the leading provider of mobile multimedia and social networking products and services, today announced that Swisscom Mobile, the leading provider of mobile communication services in Switzerland, has chosen NewBay to provide UGC services to its 4 million subscribers. Swisscom has licensed NewBay's FoneBlo..
The store promises to make music files "more accessible" British download store 7digital says it will "take on iTunes" in the battle for digital music and video. The download service, which relaunches on Tuesday, is promising cheaper prices and greater ease of use than the Apple store in a bid to attract customers. C..
11 June 2007
Game Industry
By Game Industry
Matt Martin Former Konami and Capcom vets join growing North American outfit Codemasters has hired three senior execs for its US operations as the publisher ramps up its presence in the region. Former Konami COO Geoff Mulligan will take the role as president of US operations, with another ex-Konami exec, Catherine Fowler, becomi..
08 June 2007
Business wire (China)
By Business wire
Yingli Green Energy Holding Company Ltd. (NYSE: YGE), a leading vertically integrated manufacturers of photovoltaic, or PV, products in China, announced the pricing of its initial public offering of American Depositary Shares (ADSs) at a price to the public of US$11.00 per ADS. Each ADS represents one ordinary share of Y..
08 June 2007
VentureWire
By Jonathan Shieber
Seven years after Benchmark Capital launched its European fund, Benchmark Capital Europe, partners on both sides of the Atlantic have decided to sever the nominal ties that bound them, allowing the European team to launch a new fund -- Balderton Capital. With its launch, Balderton immediately becomes one of the largest ind..
07 June 2007
Menlo Park, California and London
By Menlo Park, California and London
The partners of Benchmark Capital and the partners of Benchmark Capital Europe are pleased to announce the creation of a separate European business, newly renamed as Balderton Capital. Balderton Capital will have approximately USD 1.5 billion under management, making it one of the largest venture firms in Europe. ..
Online fashion retailer YOOX is building a new e-commerce platform it hopes will be adopted by other apparel companies, reports Internet Retailer. YOOX Services, a newly created internal unit of YOOX, will market its e-commerce solution first to retailers in Italy, where it is based. After that it hopes to expand the reach to..
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