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ValueClick Buys Greystripe

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Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. Greystripe was venture backed by Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital, and was based in San Francisco.

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EdgeCast Gets $54M For Content Delivery Efforts

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Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

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What is it about the content delivery network market which has enabled Santa Monica-based EdgeCast to go from startup to over $100M in revenues in only a few, short years? We serve up four to five percent of the global Internet on our network. We're privately funded today, with some equity from Menlo Ventures and Steamboat Ventures.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Summit is a hugely respected firm in Silicon Valley and a long-term “institution&# but they’re better known as more of a “private equity&# investor meaning that they do later stage investments in much larger companies that are profitable. What I found strange about this funded was the fact that it was led by Summit Partners.