Friday, February 18, 2011

Bill Gross's UberMedia Raises $17.5 Million From Accel, Index and Steve Case

UberMedia, which just bought TweetDeck for $30 million in equity last week, has raised $17.5 million in a round led by Accel Partners.

The valuation for the Pasadena, Calif., start-up founded by well-known entrepreneur Bill Gross--which was actually struck some month ago--is $40 million.

NETGEAR NCR NATIONAL SEMICONDUCTOR NATIONAL INSTRUMENTS MOTOROLA

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