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February 11, 2008

VentureBeat Takes $320,000 First Round

Duncan Riley

18 comments »

venturebeat.jpgVenture focused blog VentureBeat has taken a seed round of $320,000. Investors include Georges Harik and Aydin Senkut (both ex-Google); Mike Brown, Philippe Cases, MHS Capital, Amidzad and White Sand Group among others. VentureBeat joins GigaOm, who’ve raised two rounds, in the “funded blog network” category.

VentureBeat was founded in 2006 by ex-San Jose Mercury News writer Matt Marshall and has as its goal “to provide insider news and data about the entrepreneurial and venture community that is useful to decision makers.”

Marshall said that the money would be used to take the site to the next stage, and will also presumably be used to pay Dean Takahashi’s salary, a new high profile signing for VentureBeat announced last week.

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This entry was posted on Monday, February 11th, 2008 at 4:10 pm and is filed under Company & Product Profiles. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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Comments

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  1. Scabr

    February 11th, 2008 at 6:54 pm

    Insiders too glad

  2. Ray Burt

    February 11th, 2008 at 7:00 pm

    Glad insiders, too.

  3. will

    February 11th, 2008 at 7:11 pm

    nice zing on the salary note at the end . . . :)

    Mike, you listening? Duncan wants a raise :)

    (I’m sure whatever it is, its well deserved !)

  4. yongfook

    February 11th, 2008 at 8:35 pm

    wow, what a totally sensible amount of seed funding for a change.

    am I still on Techcrunch??

  5. Marzipan from Toledo

    February 11th, 2008 at 9:19 pm

    smart round of funding for those investors. basically just bought yourself blog-time.

  6. Jason C.

    February 11th, 2008 at 10:46 pm

    “VentureBeat joins GigaOm, who’ve raised two rounds, in the “funded blog network” category.”

    Didn’t PaidContent get some funding too?

  7. EH

    February 11th, 2008 at 11:11 pm

    If they REALLY smart, the funding is ONLY for Takahashi’s salary.

  8. Rodney Rumford

    February 12th, 2008 at 1:09 am

    Nice to see VC money flowing to quality blogs that report unique content and insights that don’t go the route of rumor mongering. Quality publishing has it’s rewards.

    Any VC’s reading my blog? http://www.facereviews.com ;)

    Rodney Rumford

  9. rubu

    February 12th, 2008 at 6:24 am

    nice zing on the salary note at the end

  10. Jason

    February 12th, 2008 at 7:43 am

    Venture Beat is a “funded blog network”? It is a blog. Where is the rest of the network?

  11. we are marshall

    February 12th, 2008 at 7:47 am

    Matt Marshall has the worst reputation in town. He used to be important because he worked at the Mercury News. Now he is just another fucktard with conflicts of interest. He is a liar and his content is lagging bigtime.

    I particularly like his move to say…oh I’ll disclosue who my investors are because PEHub found out through a filing. Thanks Mike so you are misleading all the time.

    Matt: you’re busted. You tried to pull the wool over everyone eyes on this financing. Does Dean know what he’s getting into?

  12. mathew johnson

    February 12th, 2008 at 11:17 am

    @11:

    whoa, nellie!

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