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<title>Haaze.com / julaterconst / Published News</title>
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<pubDate>Thu, 01 Jan 1970 00:00:00 +0000</pubDate>
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<title><![CDATA[Deal of the day: Gilt Groupe raising $80M to $100M]]></title>
<link>http://www.haaze.com/story.php?title=deal-of-the-day-gilt-groupe-raising-80m-to-100m</link>
<comments>http://www.haaze.com/story.php?title=deal-of-the-day-gilt-groupe-raising-80m-to-100m</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>julaterconst</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=deal-of-the-day-gilt-groupe-raising-80m-to-100m</guid>
<description><![CDATA[Gilt Groupe has built a big business from flash sales, where consumers converge on a particular shopping deal for a limited time. And now the company is shopping for its own investment deal.Silicon Alley Insider reported today that Gilt Groupe is raising $80 &amp;8211' $100 million from private market investors. The deal will value Gilt at around $1 billion. If it goes through, the deal will show that the social shopping market is still red hot and could represent a big challenge to traditional online retailers such as Amazon.The investment talks come on the heels of last week&amp;'s big shopping exit, where Nordstrom bought HauteLook for $270 million.To date, the New York-based Gilt Groupe has already raised more than $80 million in several rounds from Matrix, General Atlantic and others. Revenue is expected to be near $500 million in the current fiscal year, with valuation for the new financing hitting about two times revenue. That&amp;'s pretty similar to the price paid for HauteLook.Gilt Groupe was founded by Kevin Ryan, Dwight Merriman, Alexis Maybank, Alexandra Wilkis Wilson, and others in 2007. Gilt Groupe competes with the market leader of the &amp;''private sale&amp;'' market, Vente-Privee in France. In these markets, you have to apply to join in order to get access to the good deals. Other rivals include Rue La La, One Kings Lane, Zulily and Ideeli.The overall social shopping category is seeing big growth thanks to players such as Groupon and Living Social. Amazon bought its own flash-sale site, BuyVIP, last fall.Next Story: Motorola&amp;'s Xoom tablet to ship without Adobe Flash Previous Story: A $679M deal: CSR and Zoran merge to create consumer chip powerhousePrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: flash sales, social shoppingCompanies: Amazon, Gilt Groupe, Vente PriveePeople: Alexandra Wilkis Wilson, Alexis Maybank, Dwight Merriman, Kevin Ryan          Tags: flash sales, social shoppingCompanies: Amazon, Gilt Groupe, Vente PriveePeople: Alexandra Wilkis Wilson, Alexis Maybank, Dwight Merriman, Kevin RyanDean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Brilig raises $1.8M to grow advertising data marketplace]]></title>
<link>http://www.haaze.com/story.php?title=brilig-raises-1-8m-to-grow-advertising-data-marketplace</link>
<comments>http://www.haaze.com/story.php?title=brilig-raises-1-8m-to-grow-advertising-data-marketplace</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>julaterconst</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=brilig-raises-1-8m-to-grow-advertising-data-marketplace</guid>
<description><![CDATA[Brilig, an advertising data marketplace, has raised $1.8 million in funding.The company provides a platform for individuals and companies to buy and sell data. This allows sellers to profit from their data and gives buyers access to a library of sources to better target their online advertising.Brilig says it&amp;'s the first open marketplace for this information, because other exchanges such as BlueKai and eXelate, parties operate anonymously. Currently Brilig is crowdsourced by thousands of websites and hundreds of data companies.Says President Vincent D&amp;'Agostino, &amp;''Brilig is upending the market, by eliminating the barriers to combining data from multiple sources, permitting third-parties to independently offer their segments, and enabling marketers to predict outcomes by running campaign data against potential data buys.a4Investors in this round included earlier angel investors and Vincent D&amp;'Agostino, co-founder and former President of Webloyalty. The funding will be used to improve Brilig&amp;'s technology platform and to expand sales efforts. The company believes it will raise another round of funding later in 2011.Brilig, which was founded in 2008, is located in New York City.Previous Story: The next evolution of radar detection comes to AndroidPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: advertising platform, online advertisingCompanies: BriligPeople: Vincent D&amp;'Agostino          Tags: advertising platform, online advertisingCompanies: BriligPeople: Vincent D&amp;'AgostinoConrad Egusa is a contributing writer at VentureBeat. A serial entrepreneur, hea4a4s also the founder of CampusKiwi, an angel investor backed company headquartered in New York, and 2minutePrep, an educational preparation company. You can follow him on Twitter at @conrad_egusa, and follow VentureBeat on Twitter at  @venturebeat. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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