Tuesday, April 26, 2005Fastclick Names Pleasants To BoardSanta Barbara-based Fastclick has named Ticketmaster CEO John Pleasants to its board of directors. Pleasants has been President and CEO of Ticketmaster Online-Citysearch, PepsiCo, and Hygiene Industries. The online advertising firm provides ad-delivery technology and services for the internet advetising industry.
posted on Tuesday, April 26, 2005(Full story)
Citrix, Covad Partner on Remote Desktop ServiceSanta Barbara-based Citrix Online announced Monday that it has entered into a strategic alliance with Covad Communications. Citrix said that Covad will offer its remote desktop access service, enabling small- and medium-sized business customers with the ability to connect anywhere from the Internet to their desktop office computers. The deal follows other broadband and ISP deals with AT&T, Microsoft, Sprint PCS, Verizon, and others.
posted on Tuesday, April 26, 2005(Full story)
Experclick Taps Into Contextual TargetingSanta Barbara-based Experclick is tapping into a new content analysis engine from Crystal Semantics for its advertising network, according to the two companies. Experclick will use Crystal Semantic's technology to better target ads for its banner ad network. Crystal Semantics is a UK-based firm providing technology for automatic analysis of content on a page. The technology analyzes pages for relevance, and returns the context and category of a search term to the advertising server. Experclick t (More info...)
posted on Tuesday, April 26, 2005(Full story)
Clearstone Raises $200M VC FundSanta Monica-based Clearstone Venture Partners announced this morning that it has raised a new, $200M venture capital fund focused on the Internet, information management, wireless communications, enhanced business collaboration, and management of enterprise operations. The venture fund is Clearstone's third, and includes investments from universities, pension funds, and institutional investors, and including CalPERS. The new fund brings the total raised by the firm to over $650M. Clearstone has (More info...)
posted on Tuesday, April 26, 2005(Full story)
Stamps.com PhotoStamps Are BackLos Angeles-based Stamps.com has scored a win with the U.S. Postal Service, saying this morning that the U.S. Postal Service has approved the company's request to continue selling personalized postage over the Internet. The company's immensely popular PhotoStamps service allows users to upload their own digital photos and convert them into legal U.S. postage. Stamps.com said that the Postal Service has approved a year long market test beginning on May 17th, and is immediately accepting preorders (More info...)
posted on Tuesday, April 26, 2005(Full story)
Early Stage Deals Gain, VC Investment Totals DropAn Ernst & Young/VentureOne report shows that seed stage venture deals increased last quarter, despite an overall funding drop of 16%. The report showed that nationwide, there were 474 deals that raised $4.6B in funds, a drop of 9% in deal flow. The largest investment area was in communications startups, according to the report, with new financing centered around connectivity and wireless solutions. 32% of venture capital rounds were seed and first round deals this qurater, up from 30% the f (More info...)
posted on Tuesday, April 26, 2005(Full story)