Admob, the mobile advertising company has raised $15.7 million in third round of funding and claims it is now cash-flow positive. The funding was led by Sequoia Capitals Growth Fund and included Accel Partners. Sequoia also led the first $4 million round of funding and Accel led the company's second round of $15 million. AdMob has now raised a total of $34.7 million in three rounds in over just two years
Reiko Uchida, 26 March 2009
The UK-based European wireless broadband provider, The Cloud has raised €15m (£8.5m) of new investment in a third round of venture funding, which should enable it to continue with its European expansion.
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Simon Fox, 02 October 2008
MyHeritage, the Tel-Aviv, Israel based site, which claims to be the second largest online destination for families, has received a $15 million in second-round funding from Index Ventures' London office.
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Michelle Wong, 09 September 2008