VentureBeat: DeCarta gets $15 million for mapping

DeCarta, a San Jose provider of software for the location-based services industry, has raised $15 million in a Series C-1 round of funding. Norwest Venture Partners led the deal, and was joined by existing backers Mobius Venture Capital and Cardinal Venture Capital. DeCarta has raised more than $32 million in funding since 2003. The company [...]

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Silicon Valley’s five hot VCs under 40

Chart: Venture capital funding, Q1 2007
Silicon Valley is about what’s next, so for the first-quarter venture capital survey, the Mercury News surveyed a number of VCs, angel investors, and entrepreneurs to determine the next generation of top-tier venture capitalists: people under the age of 40 who are already blazing a path in the industry, and [...]

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Internet TV firm Joost gets $45 million investment from CBS, Viacom, others

NEW YORK - Joost, an Internet-based TV service being launched by the creators of Skype and Kazaa, said Thursday it has raised $45 million from five investors including CBS Corp. and Viacom Inc. and an influential Hong Kong telecommunications executive.

Index Ventures, a European venture capital firm, and [...]

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Venture-financed survivors of Internet bubble hope to go public

NEW YORK - The debut of BigBand Networks Inc. on the Nasdaq Stock Market in March was welcome news for venture investors, eager for signs that the public markets are again a reliable way to cash out.

Not only did the Redwood City, Calif.-based network technology company’s shares shoot upward 31 percent on [...]

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CBS, Viacom, others invest $45 million in Internet TV firm Joost

AMSTERDAM, Netherlands - A group of five prominent media and venture capital companies, including CBS Corp. and Viacom Inc., have invested $45 million in Joost, a company attempting to broadcast television over the Internet, they said Thursday.

Joost - pronounced “juiced” - was co-founded by Janus Friis and Niklas Zennstrom, the entrepreneurs who [...]

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