Foursquare raised another $20 million in a Series B round led by Andreessen Horowitz. Funds will be used for recruiting and product design.
Foursquare Closes $20 Million Series B From Andreessen Horowitz, Union Square, And O’Reilly.
The much anticipated Hulu subscription service launched last week. The service dubbed Hulu Plus offers additional content that is available on more platforms than the free service.
Hulu Unveils Subscription Service For $9.99 a Month – Media Decoder Blog – NYTimes.com.
Mapquest, once the leading online map service, has relaunched with more features, less ads and a focus on local search. Google Maps passed up Mapquest in terms of features and usage back in early 2009.
Zillow recently announced that June traffic was up 26% over last year, pulling in 10.7 million visitors. The company also reported that users have downloaded 1.75 million of its mobile apps.
Zillow traffic keeps growing, but no word on revenues, profits.
Google is buying air travel booking service, ITA Software, for about $700 million. This acquisition better enables Google to compete in the lucrative travel vertical, where other search services, such as Bing, have been investing heavily.
Google Makes Its Travel Search Move: Buys ITA Software For $700 Million | paidContent.
Resonate Networks, an online ad targeting company, has raised a $5 million round led by Greycroft Partners. The company will use these funds to build out their R&D and sales efforts.
Online Targeting Company Resonate Networks Raises $5 Million.
MerchantCircle, a fast growing online local merchant business directory, has added functionality that allows its merchants to be rewarded with the title “Mayor” of their respective city. While similar to Foursquare, MerchantCircle’s Mayorship title is based on networking and other activity on the site itself.
Hitwise, a leading global online competitive intelligence service, announced that for May 2010, Google had 72.17% of the US search market, up from 71.40% in April. Both Bing & Yahoo showed slight month over month loses, but Bing continues to gain on Yahoo.
Hulu is reportedly working on a content deal with CBS, Viacom and Time Warner. Adding to it’s content lineup would help Hulu in it’s efforts to switch from a free ad-supported service to a paid subscription service.
Hulu Said in Talks With CBS, Viacom as Paid Service Nears – Bloomberg.
Brand.net, a display and video ad network for brands, has raised $14 million to help it grow its sales infrastructure. The company has raised a total of $27 million.
Brand-Only Ad Network Brand.net Raises $14 Million | paidContent.