Yahoo buys Maven Networks for $160 million
Yahoo bought Maven Networks Inc. for about $160 million to expand its footprint in the fast-growing online video advertising market, one of the battlegrounds with Google Inc. and other rivals.
Irvine-based Mavenlink, which provides software-as-a-service tools for online project management, file sharing, invoicing software, expense tracking, and other business functions for users, has raised $3.4M out of an ongoing $3.9M funding round, according to a regulatory filing by the company today.