Tag Archive | "Funding"

B2B Avenue Secures Funding from Royal Capital Ventures

Brooklyn, NY (PRWEB) March 23, 2006

B2B Avenue, positioned to become a leading provider of advertising solutions and services for B2B advertisers, agencies and web publishers, secures funding from Royal Capital Ventures. The funding round will enable B2B Avenue to continue its pursuit of establishing itself as a leading B2B site representation company and help expand its current base of operations and service offerings.

The influx of additional capital will be used for new strategic initiatives, revamping and improving current service platforms and general corporate purposes.

About B2B Avenue

B2B Avenue is a leading B2B site representation company focusing on the digital B2B media space. Agencies and advertisers are provided with access to highly targeted audiences within unique vertical B2B channels. Publishers are granted access to quality brand name B2B advertisers and superior technology enabling them to achieve higher revenue streams without compromising the quality and brand of their online properties.

B2B Avenue is headquartered in New York City. For additional information, visit www.B2BAvenue.com or call 212-937-7975.

About Royal Capital Ventures

Royal Capital Ventures is an early-stage venture capital firm located in New York City. The fund’s primary focus is on emerging technology companies in North America, Europe and the Middle East.

For additional information, visit www.royalcapitalventures.com.

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IKOBO, INC. Closes $4 Million Series C Funding Round

Atlanta, GA (PRWEB) October 18, 2006

ATLANTA, GEORGIA, October 16, 2006 – - iKobo, Inc. a global leader in “person to person” online money transfer today announced that it completed a $ 4 million Series C financing round.

The funding round was led by Greenhill SAVP, with additional financing support from existing investors, including Total Technology Ventures LLC and Council Ventures. The new capital infusion will be used by iKobo to rapidly expand its marketing efforts and rate of growth. Additionally, the company announced plans to open an office in New York focused on business/channel development activities in the largest and most concentrated remittance market in the world.

“I’ve been in this industry since the mid-80’s with American Express, Western Union and Moneygram and I’ve never been more excited about an opportunity. Our on-line, “agentless’ product addresses the key sender concerns of safety and security when they are sending money as well the safety and security when their family member receives the funds by using re-loadable VISA debit card instead of an agent on that end,” said Jeffrey McConnell, President and CEO of iKobo. “Having our existing investor group be joined by a firm of the caliber of Greenhill is a testament to the hard work of all our employees and the tremendous value our products bring to our customers in this rapidly growing market.”

In addition to securing its recent funding round, iKobo also announced that Brian Hirsch, Managing Director of Greenhill SAVP, and Robert Hyer, Jr, Managing Director Greenhill have joined the company’s board of directors. Other board members include;


James Balkcom – Chairman , Civilian Aide to the Secretary of the Army for Georgia and Consultant/Executive Coach with Corporate Psychology Resources

John G Chamberlin, a strategy consultant and technology investor

Katie Gambill, Founder, Partner and CEO of Council Ventures

Gardiner Garrard, Founder and Managing Partner of Total Technology Ventures LLC

Jeffrey McConnell, President and CEO of iKobo.

About iKobo, Inc.

iKobo (http://www.ikobo.com) enables customers to send money online any time of the day or night to over 145 countries. The recipient is sent a re-loadable Visa debit card protected by a PIN (personal identification number) the first time they are sent money. Each new transaction is instantly loaded to the Visa debit card. With their iKobo Visa debit card, the recipient can access money anytime at ATMs or POS terminals in over 145 countries worldwide or spend their money anywhere Visa is accepted.

CONTACT: Thad Peterson            

Chief Marketing Officer

iKobo, Inc.        

(678) 213-0831

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Tablet maker nabs $US46m funding

Tablet maker nabs $US46m funding
A COMPANY developing a digital textbook reader has received $US46 million ($49.9m) in the latest round of funding from venture capitalists.

Read more on Australian IT

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SiliconANGLE — Blog — Inkling: New Funding and Platform for iPad …

Major publishers and independent cooperatives have taken to digital publishing quite rapidly in the past year or so, in part due to the successful uptake of mobile devices such as the iPhone and iPad. Apple’s ability to provide a …

View full post on publishers ipad – Google Blog Search

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LibreDigital Secures $8.1 Million in Funding to Accelerate Delivery of e-Books – MarketWatch (press release)

LibreDigital Secures $8.1 Million in Funding to Accelerate Delivery of e-Books – MarketWatch (press release)


The Business Insider
LibreDigital Secures $8.1 Million in Funding to Accelerate Delivery of e-Books
MarketWatch (press release)
Amazon Kindle, Barnes & Noble NOOK, Sony Reader and many more. LibreDigital serves the world's top firms including HarperCollins Publishers,
Apple iBooks Aggregator LibreDigital Raising $8.1 MillionThe Business Insider
LibreDigital Raises $8.1MTexas Tech Pulse (blog)
LibreDigital Secures $8.1 Million in Fundingmediabistro.com (blog)

all 30 news articles »

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Kindle Wireless Reading Device, Wi-Fi, Graphite, 6" 


The all-new Kindle has a new lectronic-ink screen with 50 percent better contrast than any other e-reader, a new sleek design with a 21 percent smaller body while still keeping the same 6-inch-size reading area, and a 17 percent lighter weight at just 8.5 ounces. The new Kindle also offers 20 percent faster page turns, up to one month of battery life, double the storage to 3,500 books, built-in Wi-Fi, a graphite color option and more—all for only $139.



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