News Archive
31 October 2006
Siliconrepublic.com
By John Kennedy
An Irish firm whose technology enables consumers to buy online without the need of debit or credit cards has raised €20m from a consortium of European investors. 3V Transaction Services will create 67 jobs as it proceeds with plans to crack the €500m European prepaid market opportunity.The consortium that contributed to the first-round fu..
26 October 2006
Siliconrepublic.com
By John Kennedy
A Dublin-based high-potential software company has scored a major deal with software company Microsoft to train thousands of developers around the world on its flagship .NET technology. Under the terms of the deal, InnerWorkings will offer its entire catalogue of Microsoft .NET framework coding challenges and performance s..
19 October 2006
Red Herring
By Red Herring
Germany’s spodradio gets backing from Benchmark Capital and Baytech Venture Capital.
Spodradio, a German radio and podcast hub for mobile devices, said Thursday it has raised $10 million in a second round of funding from Benchmark Capital Europe and Baytech Venture Capital.
Baytech is a Munich-based VC firm that backed s..
19 October 2006
VentureWire
By Clancy Nolan
Online real estate start-up Igglo Oy has raised EUR12.5 million ($15.7 million) in a first venture round led by Benchmark Capital Europe.
Benchmark invested the lion's share of the Series A round, pouring EUR10 million into Igglo, to help the company expand its service across Europe, said Benchmark General Partner Johan Brenner..
18 October 2006
Benchmark press release
By Igglo Oy
Igglo Oy, the Finnish online estate agency, today announces that it has raised €12.5m in funding led by Benchmark Capital Europe, the top-tier venture capital firm behind eBay, Betfair and Bebo. Co-founder of Igglo, the Taivas Group (part of WPP), is also investing in this round. The funds will be used to accelerate I..
16 October 2006
Poker News
By Paul Sandells
Betfair, the popular online betting exchange company, have launched an online casino. With generous zero house edge games on offer, punters are sure to flock to this new gaming area. The Betfair Casino is the latest addition to a portfolio of products that includes the world's leading betting exchange, Betfair Poker, and E..
10 October 2006
Financial News
By James Taylor
Benchmark Capital, a venture capital firm, has made its first foray into Russia, as European investment groups continue to look east for better returns. Benchmark, which has previously backed Betfair, Bebo and eBay, has bought an undisclosed stake in Elecsnet, a network of mobile phone cash top-up terminals in Russia.Elecsn..
02 October 2006
International Herald Tribune
By Eric Sylvers
Skype and similar services have brought the world free calls from computer to computer and cheap calls from computer to phone for those willing to download software and speak while staring at a computer screen. Now a Swedish start-up called Rebtel is using the same technology, Voice Over Internet Protocol, to bring cheap inter..
01 October 2006
The Sunday Times
By Benchmark
The Bebo website is one of the hottest properties on the internet, but founders Michael and Xochi Birch have no desire to cash in their chips WHEN Michael Birch and his wife, Xochi, moved to California in April 2002, they were struggling internet entrepreneurs without enough money to pay for their accommodation. “We w..
26 September 2006
Reuters News
By Eric Auchard
Rebtel Networks AB, a Swedish company offering to slash the cost of making unlimited international calls on mobile phones to $1 a week, has received $20 million, in an unusually large initial round of venture funding for a European company, the company said on Tuesday. The funding from Index Ventures and Benchmark Capi..
25 September 2006
BOSTON
By Business wire
WeeWorld, creator of the WeeMee, the world's first and most extensive multiplatform visual identity with more than 10 million WeeMees in more than 39 countries around the world, today announced the launch of WeeWorld (www.weeworld.com) in the United States. Today's launch increases WeeWorld's global reach and provides us..
20 September 2006
Business 2.0
By Erick Schonfeld and Jeanette Borzo
The Innovation: Peer-to-peer lending Headquarters: London CEO: Richard Duvall Founded: March 2005 Employees: 40 Key stat: 100,000 registered users The Disrupted: Traditional banks Any industry making a huge profit margin off its customers is a good candidate for disruption. Banking is a classic case -- just think of the 19 percent..
06 September 2006
e-consultancy
By Benchmark
Richard Maven With seats on nine boards, including Bebo and O2 Ireland, Benchmark Capital partner Barry Maloney is a busy man. But we grabbed him for a few minutes to discuss VC activity, the commercialisation of Bebo, and how the hugely popular site plans to extend social media to mobiles. How does the climate for VCs..
24 August 2006
BUSINESS WIRE
By Benchmark
ScanSafe Inc., the global leader in managed Web security, today announced that Info Security Products Guide, a leading publication on security-related products and technologies, has named ScanSafe a winner of a 2006 Tomorrow's Technology Today Award. The award recognizes security vendors with advanced, ground-breaking network security solutions tha..
15 August 2006
Financing from Top-tier VC to Further Extend Technology Leadership in Interactive Entertainment
By Natural Motion
NaturalMotion Ltd., the award-winning developer of 3D animation technology based on Dynamic Motion Synthesis (DMS), today announced that it has closed a financing round with Benchmark Capital Europe, the top-tier venture capitalist behind eBay, Betfair, Setanta and bebo.com. The additional capital will help NaturalMotion..
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