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	<title>Startup Addict &#187; venture capital</title>
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		<title>7 degrees raises $6.8 Million</title>
		<link>http://www.startupaddict.com/startups/venture-capital/7-degrees-raises-6-8-million/1059</link>
		<comments>http://www.startupaddict.com/startups/venture-capital/7-degrees-raises-6-8-million/1059#comments</comments>
		<pubDate>Thu, 14 Oct 2010 21:59:01 +0000</pubDate>
		<dc:creator>Tod Whipple</dc:creator>
				<category><![CDATA[venture capital]]></category>
		<category><![CDATA[deals]]></category>
		<category><![CDATA[startup]]></category>

		<guid isPermaLink="false">http://www.startupaddict.com/blog/?p=1059</guid>
		<description><![CDATA[



Why should Kevin Bacon have all the fun?. 7 degrees raised $6.8 Million dollars in a second round of funding from Rho Ventures, vSpring Capital and Parkview Ventures. 7 degrees initially raised $1.2 Million of seed money from the same Venture Capital minus Rho Ventures in 2007. The startup&#8217;s flagship application is PeopleMaps, a business [...]]]></description>
			<content:encoded><![CDATA[<p><script type="text/javascript"><!--
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<a href="http://www.startupaddict.com/blog/startups/venture-capital/7-degrees-raises-6-8-million/1059/attachment/mypeoplemaps" rel="attachment wp-att-1060"><img src="http://www.startupaddict.com/wp-content/uploads/2010/10/mypeoplemaps-445x208.jpg" alt="mypeoplemaps" title="mypeoplemaps" width="445" height="208" class="aligncenter size-large wp-image-1060" /></a>Why should Kevin Bacon have all the fun?. <a href="http://venturebeat.com/2010/10/13/7degrees-funding/">7 degrees raised $6.8 Million dollars</a> in a second round of funding from Rho Ventures, vSpring Capital and Parkview Ventures. 7 degrees initially raised $1.2 Million of seed money from the same Venture Capital minus Rho Ventures in 2007. The startup&#8217;s flagship application is <a href="https://www.mypeoplemaps.com/Default.aspx">PeopleMaps</a>, a business application that allows professionals to see how they are connected to any other person or company. <a href="http://techcrunch.com/2009/10/20/peoplemaps-helps-graph-personal-and-professional-connections/">PeopleMaps</a>  searches personal and various available public data sources (like linkedIn, facebook, Zoominfo etc..) to show the best Connection Paths to any person or any company. The PeopleMaps Professional Edition integrates into Salesforce.com to automate relationship selling and help accelerate sales.</p>
<p>The goal is for a business to make a warm introduction to a contact rather than the dreaded cold-call. Knowing how many degrees you business product or service is from closing a sale is critical and what better way than a visual representation via a flow-chart. PeopleMaps uses a point based system for rating connections and will likely develop other uses for this technology as <a href="http://www.startupaddict.com/blog/web-20-and-beyond/social-networking/the-social-graph-and-advertising/54">social graph data</a> becomes more popular (and profitable). Look for similar technology coming from Facebook in the future. </p>
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		<title>Playdom raises another $33 Million in VC</title>
		<link>http://www.startupaddict.com/startups/vc/playdom-raises-another-33-million-in-vc/585</link>
		<comments>http://www.startupaddict.com/startups/vc/playdom-raises-another-33-million-in-vc/585#comments</comments>
		<pubDate>Wed, 23 Jun 2010 01:47:52 +0000</pubDate>
		<dc:creator>Tod Whipple</dc:creator>
				<category><![CDATA[VC]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[playdom]]></category>
		<category><![CDATA[steamboat ventures]]></category>

		<guid isPermaLink="false">http://www.startupaddict.com/blog/?p=585</guid>
		<description><![CDATA[




[/caption] Social gaming startup Playdom raised another $33 million from Walt Disney,  Steamboat Ventures, New World Ventures and Bessemer Venture Partners. This infusion of cash is on the heels of $43 million dollars from nine months ago. So far sources indicate the cash has been used for acquisitions of social gaming startups. The original [...]]]></description>
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<a href="http://www.startupaddict.com/wp-content/uploads/2010/06/playdom-s.png"><img src="http://www.startupaddict.com/wp-content/uploads/2010/06/playdom-s.png" alt="playdom" title="playdom" width="240" height="68" class="size-full wp-image-584" /></a>[/caption] Social gaming startup <a href="http://www.playdom.com/signup">Playdom</a> raised another $33 million from Walt Disney,  Steamboat Ventures, New World Ventures and Bessemer Venture Partners. This infusion of cash is on the heels of $43 million dollars from nine months ago. So far sources indicate the cash has been used for acquisitions of social gaming startups. The original round of financing was nine months ago and already seven acquisitions / investments have been made by Playdom to date. This social gaming sector for Venture Capital is becoming as popular as the privacy protection sector at the moment. According to <a href="http://paidcontent.org/article/419-playdom-raises-33-million-from-disneys-steamboat-ventures-others/">PaidContent</a> Zynga (a social gaming leader) raised an enormous $147 million just last week.<br />
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<div class="cbw_subheader"><a href="http://www.crunchbase.com/company/zynga">Zynga</a></div>
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