Millennial Media Files for $75 Million IPO
Millennial Media, Inc., Baltimore, MD, has just announced that it has filed with the U.S. Securities and Exchange Commission (“SEC”) for a proposed initial public offering. The target offering is $75 Million. Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Barclays Capital Inc. will serve as joint bookrunners for the proposed offering. Allen [...]
Webs.com Acquired by VistaPrint for $117.5 Million!!!
Webs.com (formerly Freewebs.com), the Silver Spring, MD based startup founded by Haroon Moktarzada, Zeki Moktarzada, and Idris Mokhtarzada has just announced their acquisition by VistaPrint for $117.5 Million according to a statement from one of their people who just share details with us! This is really big news and proof positive that the East Coast [...]
Uppidy Raises $300k, expanding their funding wallet to $550k
Uppidy, a Washington area startup (technically Columbia, MD, but the company is virtual) that launched six months ago has just announced their raise of $300,000 which is in addition to a previous raise of $250,000 (according to the team). Investors in the deal included others who were not disclosed. The company helps you store, search [...]
Baltimore, MD’s Millennial Media Acquires Arlington, VA Based Mobile Analytics Startup Condaptive
Millennial Media, a well funded advertising company founded by alumni from Advertising.com, announced the acquisition of Arlington, VA based mobile analytics startup Condaptive. Condaptive had around 7 employees at the time of the acquisition. The terms of the deal were not discussed, however, the acquisition appears to have been a talent acquisition. The last time [...]
Former Washington Area Startup, Social Gaming Network (SGN), Acquired!
Social Gaming Network (SGN), a Washington area startup that left for the bay area a few years ago, was acquired this week by Mind Jolt, another gaming network. The terms of the deal were not disclosed. Congratulations to Shervin Pishevar, a friend and former coworker. You may recall that back in the 2006-2007 time-frame, Freewebs [...]
Webs.com Expands Free Publishing To Facebook Pages Through PageModo Acquisition
Silver Spring, MD based Webs.com (formerly Freewebs) announced their acquisition of Facebook page builder startup Pagemodo today. Their decision to acquire the company comes a short time after their launch of ContactMe, a lightweight CRM tool for websites. Facebook page customization initially picket up a lot of attention from the web agency community, but has [...]
Millennial Media Raises An Additional $27.5 Million
Baltimore, MD based mobile advertising startup Millennial Media announced their raise of an additional $27.5 Million in growth equity funding, with Bessemer Venture Partners, Columbia Capital, Charles River Ventures (CRV), and New Enterprise Associates (NEA) all in on the deal. This new investment brings the company’s equity funding to more than $65 Million. Millennial Media says they plan [...]
