Israeli startup Getonic, which builds tools for small businesses wanting to sell via social channels such as Facebook, has announced it has raised $1.3 million in total funding.
Social commerce network Lockerz, which just lost its founder and CEO Kathy Savitt to Yahoo, has raised $7.5 million in new funding, according to an SEC filing. A spokesperson for the company confirmed the new funding, and said the round was raised from existing investors. The filing lists both Kleiner Perkins and Liberty Media. Other investors in the company include Live Nation and DAG Ventures.
What are Valley investors excited about? That was one of the topics discussed in an afternoon session at TechCrunch Disrupt SF today. The group seemed to get stuck on the topic of commerce and transactional businesses, where there were a few differing viewpoints, specially around the new business models seen in this space.
Oh look, maybe Facebook commerce can work. Soldsie, a San Francisco-based startup which was previously operating under the name Central.ly, is today officially launching a social media point-of-sale platform that lets business sell on Facebook using Facebook comments.
Glossi, the digital publishing platform from social commerce company ThisNext, is going into public beta today, which means that a much broader group of people can use Glossi’s tools to build and publish their own online magazines with Glossi’s tools (though you still need an invitation).
CEO Matt Edelman said the company built Glossi in response to a number of different trends, includ
Today, Bazaarvoice is officially beefing up its social commerce platform with advertising. The Austin-based SaaS company, which powers customer review and social commerce features for brands like Best Buy, Costco, Dell and Panasonic, announced this evening that it has acquired fast-growing eCommerce advertising network, Longboard Media.
Commerce Sciences, the Palo Alto-based e-commerce startup backed by $1.8 million in seed funding from Eric Schmidt’s Innovation Endeavors, Genesis Partners, and others, is rolling out a feature called one-click personalization which allows online retailers to customize the shopping experience to individual website visitors.
This addition is now a part of the startup’s shopping companion bar,
Sift Science, a Y Combinator-backed startup founded by former Google engineers, is today launching its fraud-fighting service based on machine learning – a system designed to adapt to the ever-changing techniques used by criminals online. The company is also announcing $4 million in Series A funding, led by Union Square Ventures.
One interesting thing to watch is how social networking platforms mature divergently as businesses around the world.
Sina Weibo, the public microblogging platform that has had a huge impact on online discourse in China, is veering down a path toward e-commerce and transactions after Alibaba took a stake worth $586 million in it last month.
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