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Tumblr Raises Another $5 Million in Funding

Tumblr has just announced another healthy influx of cash — $5 million from Spark and Union Square Ventures — nearly doubling the $5.2 million raised in A and B rounds of financing. The popular mini-blog company has been testing and optimizing various paid features for a while and hopes 2010 will bring it further down […]

The Rise of Foursquare in Numbers [STATS]

Yesterday, Foursquare turned one. You read that right: The mobile social network that made its splash at SXSW 2009 and has tremendous buzz is just 366 days old. Despite that short amount of time, Foursquare has more than half a million users, 1.4 million venues and 15.5 million checkins, and it’s still growing. Experian Hitwise […]

Major Facebook Investor Hopes to Score with Chatroulette

Digital Sky Technologies, the Russian venture capital firm that has invested $400 million in Facebook, has apparently made an offer to buy a piece of Chatroulette, the webcam network where you can chat with random strangers. According to Spiegel Online, DST made an offer to 17-year-old Andrey Ternovskiy to buy a piece of his booming […]