Two more Silicon Valley media deals; Browster & Cradle
San Francisco's Browster, which offers a downloadable plug-in for Internet Explorer that allows you to pop up previews of search result Web pages (demo is at Browster's home page
), has raised $3.37 million in venture backing. Vanguard Ventures and Advanced Technology Ventures are two of the backers, according to PE Week
And following the digital/video meme -- blossoming this week at CES -- another Silicon Valley digital media company, Cradle Technologies, has raised $18 million more in capital. The Sunnyvale digital signal processing company is backed by Cardinal Venture Capital and Investor Growth Capital, among others.
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How in the heck does a browser plugin for IE like that raise 3 million? This is ridiculous...
We really are in Bubble 2.0
Yes, interesting. Chief Executive Scott Milener now saying company's valuation is somewhere between $10 million and $20 million.
What do you guys think of cooliris.com? they don't have any ads, haven't raised any money and do custom previews for google images!