March 29th, 2011

WWDC Ticket Up On Ebay Commands The Standard Apple Tax

How much would you pay to enter Steve Jobs’ reality distortion field that is WWDC? $100? $1,000? Well, the show is sold out so your options are pretty slim getting in — unless you buy this ticket on Ebay. Right now it’s going for $2,500, which is nearly a clean $1000 over the show’s standard $1,599 price. Chances are as news of this ticket spreads the price will skyrocket before the auction ends on April 7th. Could it hit $10k? Asteroid. [Tuaw] → Read More

March 29th, 2011

Startup Incubator TechStars Raises $8 Million

Startup incubator TechStars has raised $8 million in new funding for its programs in Boston, Boulder, New York, and Seattle. The new funding comes from more than fifty venture funds and over 25 individual angel investors. This brings the incubator’s total funding to nearly $11.5 million.

TechStars, which launched in 2007, is a “startup boot camp” for tech entrepreneurs in which selected startup receive up to $18,000 in seed funding (or $6,000 per founder up to three founders in exchange for 5 percent of the company), three months of mentorship from successful entrepreneurs and investors, and the opportunity to pitch to angel investors and venture capitalists at the end of the program. → Read More

March 29th, 2011

Message Bus: The Start Project's First Graduate Launches, Pulls In A Cool $3 Million

In late 2009, a group of seasoned entrepreneurs and investors came together to form The Start Project, a Silicon Valley-based incubator focused on idea generation, software development, product vision, and bringing great ideas to market. The project is the brainchild of Narendra Rocherolle of 83 Degrees and Webshots, among others, and Josh Felser of Spinner, Crackle, and Freestyle Capital fame.

Not long after The Start Project’s launch, Twitter co-founder Biz Stone, WordPress co-founder Matt Mullenweg, and former Google exec and angel investor Chris Sacca agreed to act as advisors to the incubator’s companies, both before and after launch.

At the time, some likely asked, “does Silicon Valley really need another incubator?” Fair enough, but with such an impressive cast of investors and entrepreneurs surrounding the project, I’ve been excited to see what kind of businesses it would produce and what digital problems it would choose to address. → Read More

March 29th, 2011

Hotmail Adds LivingSocial, Posterous, And More To Active Views Platform

Microsoft Hotmail doesn’t get much love in Silicon Valley these days, but the service has been steadily making improvements to the product, particularly over the last 18 months or so. And today it’s giving a boost to its ‘Active Views’ product — which sets out to make email quicker and more interactive than the sort we’re used to — by adding new partners including Posterous, and LivingSocial.

Hotmail’s first iteration of Active Views involves linked content — Dharmesh Mehta, director of Windows Live, says that 90% of email contains a link to an external service like YouTube, Flickr, or LinkedIn. So when Hotmail sees that there’s a link to a YouTube video, it will automatically embed the video so that you don’t have to actually follow the link (Hotmail isn’t the only service to do this). Mehta says that this has been very effective — while only 10% of users click on a normal link to a video, 25% will click on an embedded version. → Read More

March 29th, 2011

Superspeed USB 3.0 Flash Card Readers Will Transfer Your Pics, Movies Superfast

USB 3.0 is faster than USB 2.0. That’s a fact, jack. So then you might as well use that huge data pipe for the latest generations of speedy memory cards. This card reader from Brando can read data at 92.2MB/s and sequential write 62.17MB/s. Right now the retailer is only taking pre-orders with an expected April ship date, but the $25 price puts this model right in line with USB 2.0 readers. Since the new, faster standard is backwards compatible, this model should be at the top of your shopping list — even if you’re eventually going to ride the Thunderbolt. → Read More

March 29th, 2011

Pick Or Skip Is Chatroulette, With Pants

For the small percentage of our readers who do not enjoy a random penis sighting, comes Pick or Skip, a cleaned-up version of Chatroulette.

The idea behind the new site was to build a safe and more structured experience on top of the random connection/conversation aspect that made Chatroulette such a craze last year. → Read More

March 29th, 2011

Video: Kinect-Powered "Ghost In The Shell" Cyberspace Booth

And yet another Kinect hack: Japan-based web company Kayac has set up some kind of semi-closed “cyberspace booth” [JP] in a department store in Tokyo, in which the “experience” is largely based on the Microsoft sensor. The booth is supposed to “reproduce the cyberspace of Ghost in the Shell – Stand Alone Complex(S.A.C.)”, a famous science-fiction anime series. → Read More

March 29th, 2011

Parrot AR.Drone Works With Nokia N8, C7, and E7

It’s been a long time coming, but the four people who own Nokia N8s, C7s, and E7s can now play with the AR.Drone from the comfort of their phones using Parrot’s AR.Remote software for Symbian. → Read More

March 29th, 2011

These Robot Quadrocopter Jugglers Perform For Your Amusement… For Now

If you’ve watched some of our previous robotic quadrocopter coverage you’ll have seen these little choppers fly through hoops and interact with humans in fairly mundane ways. Now I’d like you to watch this video of two quadrocopters sharing a nice game of catch. They target the ball and throw it back to the thrower and once you have two in the same pen they start throwing the balls to each other. The result? Mirth and merriment! → Read More

March 29th, 2011

Mobile Firefox Skips Flash In Favor Of HTML5

A week after launching the official release of Firefox 4, Mozilla is following up today with Mobile Firefox for Android and Maemo phones (for all twelve of you Maemo fans out there). For Android, the browser is now available on the Android Market,.

One thing Firefox mobile doesn’t have is support for Flash, even though Android has a big partnership with Adobe to make Flash work on mobile. I spoke with some folks from Mozilla yesterday about this topic. Eventually, Firefox mobile will support Flash, but it is just not there yet in terms of responsiveness. The focus right now is on HTML5 and CSS. It is amazing some of the 3D effects, animations, video, and other in-browser graphics you can now get with HTML5. Check out some of the demos here after you download Firefox to your phone. → Read More

March 29th, 2011

Google Commerce Gets Updated With Instant Search, In-Store Availability, Recommendations And More

For the past two years, Google has offered Commerce Search, a hosted enterprise search product to power online retail stores and e-commerce websites. While Google offers hosted enterprise search to web platforms, Commerce Search was the the company’s first custom-tailored search product for a specific vertical. The search giant has been steadily updating Commerce Search since 2009, but today’s release is the retail search product’s most significant update in the past two years.

The first two versions of Google Commerce offered a variety of features that are optimized for retail and product search, such as parametric search, sorting of results, spell checker, stemming, a merchandising dashboard, query autocompletion and more. Google even dropped the starting price of Commerce last year, to $25,000 per year for 3 million searches and 50,000 items indexed. Google’s new version of Commerce Search has been updated with a few more compelling features including instant search, local product availability, search recommendations and more. → Read More

March 29th, 2011

Best Buy Adds 4G To Its Mobile Internet Service

Best Buy is now in the the 4G business. The company has announced that its Best Buy Connect service, which first launched last July, will now support 4G, courtesy of a deal worked out with Clearwire. Access to the 4G network will set you back $45 per month, with Best Buy willing to waive the $35 activation fee if you agree to a two-year contract. → Read More

March 29th, 2011

Benchmark Capital's Stand: We Will Never Do a Seed or Late Stage Fund

Editor’s Note: This is part two in an in-depth series exploring the ramifications of the explosion of late stage capital being raised by the Valley’s elite venture firms. For part one, go here.

In the mid-2000s when nearly every top venture capital firm was expanding to India and China, Benchmark Capital did not share its peers’ worldly ambitions. In fact, while the firm retained its Israel fund (for now?), it spun off the top performing UK fund Balderton Capital and retrained its focus firmly on the US.

Earlier this year, when early stage investors were losing deals at the hands of the super angels and firm-after-firm launched aggressive seed investing programs, Benchmark Capital did not. It refused to compete with the Ron Conways and Mike Maples of the world; it would wait its turn and invest later.

And now – as Benchmark’s early stage peers are raising $1 billion growth funds and throwing huge sums of money at established companies like Facebook, Zynga and Groupon – once again, Benchmark Capital is refusing to follow suit. → Read More

March 29th, 2011

New Omega Speedmaster Co-Axial Chronograph Watch

Wow, this is the Omega Speedmaster watch that I want… really want. For 2011 Omega has created the perfect Speedmaster for me. Did they have me in mind when making it? Not likely, but let me tell you what I personally like about it and why I think this is one of the most compelling new Omega sport watches to be released in a while. In short, you get size, function, and a great movement. → Read More

March 29th, 2011

Behold The World's Largest Photo Ever Taken Indoors: 40 Gigapixels Of Awesome

We interrupt our live coverage of breaking news about Internet companies from around the world to point you to this phenomenal 360-degrees photo (okay, actually it’s 2,947 pictures stitched together). It is, to our and the photographer’s knowledge, the largest photo ever taken indoors with 280,000 x 140,000 pixels of awesomesauce.

In the screenshot above, in the painting on the ceiling, do you see that angel holding a book, right below the cross? No worries if you can’t, because I zoomed in to give you a close-up: → Read More

March 29th, 2011

Inspiring: Kik Founder Donates $1M To Kickstart University of Waterloo Seed Fund

The founder of messaging app Kik, 23-year-old entrepreneur Ted Livingston, has donated $1 million to The University of Waterloo’s VeloCity Residence, a residence-based mobile and digital startups incubator (dormcubator?) where his own startup ambitions were sparked.

The University of Waterloo will now also establish a $1 million seed fund for student startups and intends to provide “at least 30 student ventures” with $25,000 as well as four months of office space, incorporation services and mentoring over the next few years. → Read More

March 29th, 2011

Apperian Raises $9.5M For Enterprise Mobile App Deployment Platform

Enterprise mobility company Apperian has raised $9.5 million in new funding from North Bridge Venture Partners, Bessemer Venture Partners, Kleiner Perkins Caufield & Byers’ iFund, CommonAngels and LaunchCapital. This brings Apperian’s total funding to $11 million.

As more companies turn to tablets and smartphones in enterprise communications, standard consumer apps may not fit within security requirements. Launched by former Apple employees in 2009, Apperian helps developers accelerate app creation within the enterprise. → Read More

March 29th, 2011

Cisco Buys Cloud Automation And Management Software Company newScale

Cisco this morning announced its intent to acquire newScale, a global provider of self-service and lifecycle management software for enterprise IT and private/hybrid cloud computing.

Terms of the deal were not disclosed, but newScale is a company that’s raised tens of millions of dollars in funding from a wide range of investors, according to CrunchBase.

Based in San Mateo, California, newScale develops products and solutions that enable companies to select and deploy cloud services within their businesses, allowing them to initiate the provisioning of their own systems and infrastructure on an as-needed basis. → Read More

March 29th, 2011

Glassdoor Puts Numbers on Our Schizophrenic Job Market

Glassdooris reporting an Employment Confidence Survey today that shows robust and increasing confidence in the job market– never mind most of the nation remains gripped in 9% unemployment with only a little hope of things getting better.

40% of respondents expect their company’s outlook to improve in the next six months and just 17% are concerned about a possible layoff, down from 26% in the first quarter of 2009. And there’s decent optimism that should they lose their jobs, 40% of them say it is “likely” they would find a new job matching their experience and pay within six months– the highest that number has been in six quarters. Glassdoor notes that “only” 35% of respondents expected to get a raise within the next 12 months, but given the top line economic data for the country, that still seems pretty healthy to me.

While unemployment is getting better, the numbers say as much about who uses Glassdoor as anything else. → Read More

March 29th, 2011

Limos.com Scores $10 Million For Online Limo And Car Services Marketplace

Founded by former employees of travel booking site Hotwire.com, Limos.com, an online marketplace for limo and car services, this morning announced that they’ve secured $10 million in financing from Austin Ventures. The new Austin Ventures investment adds to the company’s original funding of $5 million from Canal Partners.

Coinciding with the funding announcement, the company has released a new corporate travel management product, Limos.com for Business. → Read More

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Element ID — Received $50k in Unattributed funding from Ben Franklin Technology Partners of Northeast Pennsylvania
1.27.2012
Element ID — Company added to CrunchBase
1.28.2012
Fearless Studios — Acquired by Kabam.
1.27.2012
Fearless Studios — Acquired by Kabam.
1.27.2012
1.27.2012
Avila Therapeutics — Acquired by Celgene for $925M.
1.26.2012
1.25.2012
Timekiwi — Acquired by Overblog.
1.25.2012
Element ID — Received $50k in Unattributed funding from Ben Franklin Technology Partners of Northeast Pennsylvania
1.27.2012
shoply — Received Seed funding from Chamath Palihapitiya and Fabrice Grinda
1.27.2012
Kior — Received $75M in Debt funding from Alberta Investment Management and Khosla Ventures
1.27.2012
Prova Systems — Received $50k in Unattributed funding from Ben Franklin Technology Partners of Northeast Pennsylvania
1.27.2012
Antisense Pharma — Received $11M in Series F funding from MIG Fonds and Global Asset Fund
1.26.2012
Chamath Palihapitiya — Invested in shoply.
1.27.2012
Fabrice Grinda — Invested in shoply.
1.27.2012
Khosla Ventures — Invested in Kior.
1.27.2012
1.27.2012
Element ID — Company added to CrunchBase
1.28.2012
Equity Partners Fund — Company added to CrunchBase
1.27.2012
Fearless Studios — Company added to CrunchBase
1.27.2012
Dawin Electronics — Company added to CrunchBase
1.27.2012
PointsPay — Company added to CrunchBase
1.27.2012
Next — Product added to CrunchBase
1.28.2012
Arkis — Product added to CrunchBase
1.28.2012
PointsPay — Product added to CrunchBase
1.27.2012
Free Youtube Download — Product added to CrunchBase
1.27.2012
League of Legends - Multiplayer Online Battle Arena — Product added to CrunchBase
1.27.2012
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