Eventvue Grabs Angel Round Over The Weekend

The firstTechStars startup has gotten funded over this weekend. Eventvue has closed a round estimated to be about a quarter million dollars from Brad Feld, David Cohen, Dave McClure, Wendy Lea, amongst others. See our earlier coverage of them here.

Eventvue brings social networking to the context of conferences, helping conference goers re-connect or follow up with business they couldn’t follow up with in the limited span of a conference. Networking at a conference is a fairly inefficient process, left up to chance encounters and stacks of business cards. Anything that can help optimize the limited conference time that thousand dollar ticket bought you is an easy sell.

Confabb is the most direct competitor in the space, but has focused on being a comprehensive directory of the who, what, and where of industry conferences rather than on the palm greasing that goes on at the events. More social competitors include Meetup.com and Eventwax. Eventvue is set for a public launch later this year.

Israel’s Kontera Nails $10.3 Million Second Round From Sequoia And Others

an Israel startup (although their official headquarters is in San Francisco), is cashing in on the full-on bonanza around anything that calls itself an advertising network right now.

A year ago they raised $7 million from Sequoia Capital and Lehman Brothers. Tomorrow they’ll announce a second round of financing - $10.3 million more from Carmel Ventures, an Israeli venture firm. Sequoia and Lehman are also participating.

Kontera’s main product is in-text advertising. They’ll take popular keywords within the text of an article and put double lines below them to signify it’s an advertisement. Clicking on it generates cash for the publisher. A demo of the product is here. In the press release a customer claims to be seeing 10% click through rates from the ads.