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TheDomains.com

Amazon Buys Lovefilm.com For $200 Million, Bu.Mp Raises $16 Million; & DamnTheRadio.com Gets $2 Million

January 22, 2011 by Michael Berkens

There were a bunch of acquisitions and investments involving hundreds of million that you probably didn’t hear about this week.

BUMP technologies, a company that makes a App that allows people to share contact information by just bumping their smart phones together raised $16 Million dollars.

The company uses a hack for its web site of BU.MP.

If your wondering, MP is the country code for  (ccTLD) for Northern Mariana Islands (but you probably knew that already).

Amazon bought the other 58% of Lovefilm.com which it didn’t already own for $200 Million.

Lovefilm.com is the top DVD-rental subscription service in Europe like Netflix.com is here is in the US.

Qwiki Inc., A visual search engine, raised $8 million including money from  Facebook co-founder Eduardo Saverin.

The company that owns the site, Damntheradio.com, received a $2 Million dollar Investment this week.

The company is FanBridge and the site says about itself:

“It’s the fastest and easiest way to build powerful, sleek social media campaigns.  With our enterprise-level content management system, you can
build a powerful rich media campaign in minutes.”

ChaCha.com a question and answer site that according to Compete gets over 10 million visitors a month, received another $3 Million in investment.

The company reportedly has now raised around $75 million

Scribd.com a online document sharing site raised another $13 Million bringing the total the company raised to $26 Million

According to The money Tree Report, out this past week, Venture Capital companies invested $21.8 billion over 3,277 U.S. deals in 2010,  an increase of 19% in dollars and  12% increase in the number of in deals over 2009.

and how was your week?

Filed Under: Domains

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. DOT mail TLD - a business many times bigger than .CO says

    January 22, 2011 at 10:31 am

    isn’t “bump” info/files trasfer a Apple patented technology?

  2. wayne wheat says

    January 22, 2011 at 11:46 am

    Hey guys. Which do you think is better, LoveFilms or RentAMovie.com?

  3. jp says

    January 22, 2011 at 12:01 pm

    This sorta thing is just in season right now.

  4. BullS says

    January 22, 2011 at 3:29 pm

    My week was good…my BSwebsite got $50million funding but I told them to take a hike and ask them to invest in that cheezeburger site.

    Did you read that ?

    I ain’t taking your stinkin Money!!!

  5. MHB says

    January 22, 2011 at 4:17 pm

    Lovefilms.com was a developed site with tons of customers

  6. LS Morgan says

    January 22, 2011 at 4:37 pm

    I bought .com “MovieFanatic” recently in hopes servicing a few content niches and getting in front of a few emerging movie affiliates. Never thought about implementing a geotargeting component, but now, I’m thinking that might be something worth considering.

  7. Gazzip says

    January 22, 2011 at 5:18 pm

    “Lovefilms.com was a developed site with tons of customers”

    They have been a frequent advertiser on UK TV over the last 3 maybe 4 years, I’d never heard of them before that…never used them either.

  8. Landon White says

    January 22, 2011 at 8:47 pm

    @ BullS

    DamnTheCheesburger.com

    oh, no he is gonna buy it …

    LOL

  9. Sat3D.TV + 3Dsat.TV + Satellite3D.TV + Fast3D.TV + Retina3D.TV says

    January 22, 2011 at 9:16 pm

    few weeks ago some rumors said that Apple wants to buy Netflix

  10. Landon White says

    January 23, 2011 at 1:44 am

    FROM ABOVE:
    There were a bunch of acquisitions and investments involving hundreds of million that you probably didn’t hear about this week.
    ===========================

    NOTHING TO MATCH THIS!

    Rick Schwartz buys an entire Football Team:

    That’s right…

    Tired of hearing about Pigeon S**t Rick has cast his attention on
    a new Bird of a feather “The Arizona Cardinals” Football Team,

    There were rumblings heard that Rick feels that domainer’s
    need to diversify there portfolios any way that they can.

    In a good will gesture and and belief, that one can never do
    anything too BIG … everybody will get a FREE …
    Sweat Shirt at the upcoming Rick Schwartz …
    Domainer T R A F F I C Show …

    It will read “Go,Go Cardinals
    (Pigeon S**t is for the Birds)

    (Large sizes only as Rick Schwartz has been heard to say …
    … never do anything SMALL)

    FULL STORY HERE:
    ://domaingang.com/domain-news/rick-schwartz-buys-an-entire-football-team/

  11. Neil @ DomainNamesIndex says

    January 23, 2011 at 7:34 am

    Lovefilm.com – It’s NetFlix for Europe – and only a few years ago they took over Amazon’s DVD rental service here in the UK, at least. I *was* a member for several years, but as streaming media becomes more viable, other sources e.g. Studios with rights to thousands of back catalogue films are looking at ways to get into a market that no longer requires handling a physical item, postage and returns…. There was actually a very illuminating article about the business in the New Yorker, of all places, recently.
    http://www.newyorker.com/talk/financial/2010/10/18/101018ta_talk_surowiecki


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