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In a continuing trend, venture capital seems to be recovering from the 2008 market dive. Q2 2010 showed a total of $7.7 billion invested across all sectors — the largest amount since the fall of 2008. And although we’ve been seeing a lot of investors paying attention to later-stage companies, this trend doesn’t apply across the board for web startups. A report released tonight from Dow Jones shows the Consumer Information Services sector — a web-heavy vertical that includes many of the social media startups that consistently make headlines on Mashable — is showing signs of recovery, even in seed and ...
is a company that has developed a revolutionary service of connecting consumers with service businesses online. The company announced on August 5, 2010, that it has raised $7.4 million in series A funding with the Mayfield Fund and Venrock Capital leading the funding round. The proceeds from this funding round will help Redbeacon with its platform to connect consumers with local service professionals and handle the job or project deal. Redbeacon has developed a rather simple platform where consumers can go online and connect with practically any local service business in their ... Read More
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