• May 24th, 2012

    Bazaarvoice To Acquire PowerReviews For $151M

    bazaarvoice logo

    Two big customer review platforms are teaming up: Bazaarvoice just announced that it has agreed to acquire PowerReviews.

    The agreement is for up to $31 million in cash, plus stock, bringing the total estimated value to be $151 million. Bazaarvoice says the acquisition should close before the end of July. → Read More

    May 24th, 2012

    Meddik Grabs $750K From Chris Dixon, Founder Collective & More To Build A Better WebMD

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    Thanks to health-focused startup accelerators like San Francisco-based Rock Health and New York City-based BluePrint Health lacking intimate familiarity with HIPAA or med school experience is no longer a disqualifier for entrepreneurs looking to enter the health space. There are plenty of problems to tackle, and there’s growth capital to be found.

    To that point: One of the first graduates of BluePrint’s healthtech accelerator is a startup called Meddik, which wants to combine the Web’s medical data with advice from regular people (and experts) to create a smart repository for health information. To give it the fuel it needs as it gears up for launch later this summer, the startup is today announcing that it has raised $750K in seed funding from a flock of notable angel and early-stage VCs, including Chris Dixon, Nat Turner, Zach Weinberg, Bob Stern, Vivek Garipalli, as well as Collaborative Fund, Founder Collective, Great Oaks, and Silicon Badia. → Read More

    May 24th, 2012

    Facebook Acq-Hires Part Of Design Firm Bolt | Peters To Beef Up User Research Team

    Bolt | Peters Acqhired by Facebook

    Knowing how users react to Facebook’s product changes is crucial to the site making the right moves, so today it closed an acq-hire of part of design research firm Bolt | Peters — specifically its leading man CEO Nate Bolt and several other employees from the six person consultancy. Those coming over will be joining Facebook’s design team that’s headed by Kate Aronowitz.

    Bolt | Peters started 10 years ago and specialized in recruiting actual visitors to a website through its tool Ethnio and then observing their usage remotely so it could deliver insights on what to improve to their clients, which numbered over 90. Bolt | Peters will shut down on June 22nd, and has already spun out its Ethnio real-time research service.

    Facebook tests product changes more frequently than nearly any service. Bringing in Nate Bolt and some of his teammates will help it understand exactly how users feel about changes and avoid blunders like Beacon. → Read More

    May 24th, 2012

    European Startups Need To Get A Valley Education, And Fast

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    This is guest post by Julia Szopa , program director at the blackbox.vc incubator in Silicon Valley which specialises in moving European startups into the US.

    It is not uncommon for European entrepreneurs to come to the Silicon Valley to learn how to launch globally. However, they often play “the startup game” by the wrong rules. With scarce venture resources in Europe, founders learn to compromise way too much and accept what’s typically unacceptable by those who build great, successful companies with global potential. → Read More

    May 24th, 2012

    “In the Studio,” How Bizeebee’s Poornima Vijayashanker Fell in Love with Building Software

    “In the Studio” continues this week with an engineer who began programming at the end high school, double-majored in CS/EE in college, dropped out of Stanford’s graduate CS program to become the second employee at Mint.com, and after spending some time at Intuit (which acquired Mint), now has her own company focused on building software for the small-medium business market.

    Poornima Vijayashanker is not your average engineer. Growing up in a household where electronics were regularly taken apart for fun, she started coding toward the end of high school and ended up majoring in CS for her undergraduate degree. After a brief stint as an R&D engineer for Synopsis, she wanted to dive into the Valley’s startup scene and elected to enroll in a master’s CS program at Stanford. It was there she initially met Aaron Patzer, the founder of Mint, and when the opportunity arose for her to join the small team, she dropped out of Stanford and helped build the company. From that experience, she ended up at Intuit, where she started plotting her next move, and now is the founder and CEO of Bizeebee, member manage software to help small business manage their customers, inventory, and a host of other services. → Read More

    May 24th, 2012

    Siri-ing John Malkovich

    Apple is continuing its “famous person uses Siri” commercials by bringing in famous person John Malkovich to add a soupçon of Old World weltschmerz and philosophizing to what is, in short, a way to schedule a wake-up call without unlocking your phone. The commercials feature Malkovich in what appears to be the house above the nasty places in Hostel where he muses on fine meats and the meaning of life.

    I don’t quite get these celebrity appearances but, in the end, I suppose they’re good for brand awareness. Siri isn’t for the geeks – it’s for the folks who may have once been in love with BlackBerries. Siri suggests a certain ease, a certain subsumed technicality that would draw in the C-level exec and, in parallel, well-known superstars. It is, in short, a little assistant that will never talk back to you, never ask for a raise, and never request that you stop cursing. → Read More

    May 24th, 2012

    FB Launches Facebook Camera – An Instagram-Style Photo Filtering, Sharing, Viewing iOS App

    Facebook Camera App

    Insta-who? Today Facebook begins rolling out Facebook Camera for iOS to English-speaking countries, a standalone photos app where you can shoot, filter, and share single or sets of photos and scroll through a feed of photos uploaded to Facebook by your friends. Developed by Facebook’s photos team without the help of Instagram because the acquisition deal hasn’t closed yet, Facebook Camera looks a lot like the app TechCrunch leaked images of a year ago, and is designed for quicker publishing than Facebook’s multi-featured primary mobile app.

    Facebook Camera lets you rapidly pick one or more photos, apply filters, tag friends and locations, add a description, and post. While its 14 filters, batch uploads, and streamlined interface are a big step up from Facebook for iOS, the design isn’t as beautiful as Instagram and neither are the photos you’ll see in it. When asked if Facebook Camera would become a direct competitor to the photosharing network it bought last month, a spokesman told me “As Mark asserted, we’re committed to building and growing Instagram independently, so I anticipate some healthy competition.” → Read More

    May 24th, 2012

    Google Adds Subscription Billing To Its Android App Store

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    In what should be a very welcome addition for Android developers, Google is adding subscription billing to its app store.

    That should give developers yet another to earn revenue on top of in-app purchases of virtual currency, downloads of paid apps and advertising. It will probably most benefit mid and hardcore game developers, who are more likely to have rabid fans willing to pay for monthly access. It will also help magazine publishers, who are still figuring out how to sell content on tablets.

    All of the subscriptions are auto-renewing and can be set with monthly or annual fees. Developers set the price themselves.  There’s also an HTTP-based publisher API that lets enterprise-scale backend servers validate or cancel subscriptions. It’s inter-operable with subscriptions on the web, so users can take their paid access with them across devices and web destinations. → Read More

    May 24th, 2012

    Failure Is Not An Option: Why Kickstarter Hides Failed Projects

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    Dan Misener, in a fit of inspired data mining, scraped half of Kickstarter to find failed projects. He could not, it seems, find a single one. Why? Because Kickstarter hides them behind a non-searchable wall. They exist, sure, but you won’t find them with google and they never, ever show them in their “Discover” browsing system.

    And good for them.

    In a general sense, Kickstarter isn’t a marketplace. It’s not like Etsy or eBay or Amazon where the slow-sellers sit next to the hot items. It is, instead, more of a competition. It’s a competition for eyeballs, for cash, and for media attention. It is more a dog show than flea market, and you don’t keep the ugly dogs on stage after the first round of judging.
    → Read More

    May 24th, 2012

    Crowdfunder Closes $400K Seed Round, Launches Public Beta

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    Crowdfunder, the Los Angeles-based startup creating an online platform for the “crowdfunding” of startups and small businesses, has launched the first public beta version of its site this week. The launch comes on the heels of Crowdfunder closing on $400,000 in seed funding from a group of angel investors earlier this month, CEO Chance Barnett tells me.

    But: Since the crowdfunding portion of the JOBS Act has not taken effect yet — it’s still being reviewed by the Securities and Exchange Commission — Crowdfunder is holding a unique sort of beta launch, with a series of contests planned in cities across the US. → Read More

    May 24th, 2012

    10 Million Translations Later, SayHi Translate Rolls Out Major Update

    SayHi Translate logo

    One of the hot companies at TechCrunch Disrupt in New York this week was the real-time people-powered translation service Babelverse. Quite often, though, Google Translate-style machine translation is good enough and there is clearly a huge market for all kinds of translation services. SayHi Translate, a $0.99 iOS app that focuses on machine translation, just announced that it has now translated over 10 million phrases since its launch just four weeks ago. To celebrate this milestone, SayHi is releasing version 2.0 of its app today, which features a redesigned and easier to use interface, as well as new controls over how its spoken translations sound. → Read More

    May 24th, 2012

    Huddle Lands $24M Series C To Go Big On Enterprise Cloud Storage And Collaboration

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    Huddle, the six-year-old company that makes cloud collaboration software for the enterprise, has closed on $24 million in new funding, bringing its total equity funding to $40 million.

    The new round, which serves as Huddle’s Series C, was led by Jafco Ventures, with DAG Ventures participating along with previous backers Matrix Partners and Eden Ventures. → Read More

    May 24th, 2012

    Predictive Startup Recorded Future Raises $12M From Balderton And Google Ventures

    recroded future logo

    There’s a lot of talk these days about what you can do with “big data.” Here’s one of the more eye-catching uses: A startup called Recorded Future pulls data from around the Web to give customers a better handle on — that’s right — the future.

    The company just announced that it has raised $12 million in Series C funding from Balderton and Google Ventures. Balderton partner and former Business Objects CEO Bernard Liautaud is joining the board. → Read More

    May 24th, 2012

    Kayak’s First-Ever CFO Leaves Ahead Of IPO, Links Up With Next-Gen Flight Search Startup, Superfly

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    Today, Israeli startup Superfly, which offers a secure tool that combines worldwide flight information with personal travel preferences to help people organize and maximize the value of their travel rewards among other things, is quietly launching a shot across the bow of the industry’s giants — in this case, uber popular metasearch engine, Kayak.

    That’s because the startup now has the benefit of calling on the significant operational and financial experience of Willard (Bill) Smith, who was, until recently, Kayak’s CFO. Smith joined Kayak in May last year (as the company’s first-ever CFO) to help the startup prepare for and actually move forward with its perpetually-delayed IPO. → Read More

    May 24th, 2012

    Social Ad Network 140 Proof Launches Partner Platform, Signs Up Jumptap

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    Ad startup 140 Proof is opening up a partner platform for companies that want to take advantage of its social ad targeting.

    The company currently delivers ads to 50 social apps, including Echofon, TweetCaster, and Plume. Underlying the network is something that 140 Proof calls “Interest Graph Targeting,” where users are assigned different “personas” based on what they say and who they follow. Those personas allow advertisers to serve ads to people with specific interests, and the new platform makes this interest targeting available to other companies.
    → Read More

    May 24th, 2012

    Box Aims For Bigger Deployments With New Features Like Enterprise-Wide Search

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    Box is releasing a number of new features today, with the broad theme of addressing “the needs of our largest enterprise customers in deploying this kind of technology,” according to CEO Aaron Levie.

    Those features include the ability to search files across an entire company, a new dashboard offering more granular controls for company administrators, mobile security options like passcode locks, support for multiple email domains, activity notification archiving, and a new enterprise licensing agreement. Altogether, Levie says this means big companies can manage organization-wide Box deployments “at a scale that was never before possible.” This should also help some of those larger customers address issues like regulatory compliance. → Read More

    May 24th, 2012

    Autodesk Launches The Pen-And-Ink SketchBook Ink App for iPad

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    Autodesk is expanding its growing portfolio of iPad apps today with SketchBook Ink. The pen-and-ink app is built on a new graphical engine that’s independent of resolution, allowing the created artwork to be exported in resolutions exceeding 100 megapixels.

    This, Autodesk hopes, will reinvigorate graphic artists and even doodlers about iPad content creation since the vector-based artwork can scale to massive print sizes. → Read More

    May 24th, 2012

    Big Apple Leads Millennial Q1 Device Ranks By Wide Margin: 28% For Brand, 15% For iPhone

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    Mobile advertising company  Millennial  Media, one of the biggest in the U.S., has released its quarterly ad impression report, and the results show that Apple continues to remain the single-biggest brand, and most popular phone maker, on the Millennial ad network — with the rest of the list largely dominated by Android.

    Apple has a clear lead in the field of device makers based on brand: the popularity of Apple’s iPhone handsets, iPad tablets and iPod music players gave the company a share of 28.32 percent of all devices on the network, with its closest competitor, Samsung, picking up a share of 18.25 percent of the overall market impressions. Millennial also notes that non-phone devices are continuing to see a growing impact on the overall mix.
    → Read More

    May 23rd, 2012

    Make It Social: VEVO Sees 600% Increase In Facebook Traffic After Redesign

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    In March, VEVO launched a bold new redesign that provided TV-like viewing, with instantaneous and continuous playback. But the biggest addition to the platform, other than a beautiful new full-screen player, was a new social sharing feature that takes advantage of Facebook Open Graph. Not surprisingly, VEVO seen a dramatic increase in the number of videos that are watched and shared on the social network since then.

    VEVO has seen a 600 percent increase in Facebook-published or -watched videos when compared to February, to 4.5 million. It’s also signed up half a million new users via Facebook, which represents a 142 percent increase over the previous month. And the total number of impressions on Facebook grew to 171 million, which is a 181 percent change from February. → Read More

    May 23rd, 2012

    Yahoo Debuts Axis, Their New (And Impressive) Desktop And Mobile Search Experience

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    Late last year, Yahoo filed for a trademark on the phrase “Yahoo Axis.” The filing raised more questions than answers at the time, but after six months Yahoo has finally spilled the proverbial beans — Axis is both a new search-oriented add-on for your web browser, and a new browser app for iOS.

    Before I talk about what it’s like to actually use Axis, let’s first discuss why the hell they’re doing this in the first place. TechCrunch spoke to Yahoo’s Director of Product Management Ethan Batraski, and he told us his his job has been to figure out what search looks like over the next few years. Yahoo Axis was one of his answers.

    “No one’s innovated on ‘How do I get rid of the search results page altogether’”, Batraski said. “That is what we want to do.”
    → Read More

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    Crunchbase

    Copperfasten — Received €500k in Unattributed funding from Enterprise Ireland and Oyster Technology Investments
    5.27.2012
    Himax Technologies — Company added to CrunchBase
    5.28.2012
    5.27.2012
    Compliance11 — Acquired by Compliance11, Inc..
    11.15.2012
    Facebook — Went public with stock symbol NASDAQ:FB.
    5.18.2012
    Compliance11 — Acquired by Compliance11, Inc..
    11.15.2012
    Bolt | Peters — Acquired by Facebook for $50M.
    6.21.2012
    GlobalEnglish — Acquired by Pearson for $90M.
    5.25.2012
    Chick Approved — Acquired by Lockerz.
    5.25.2012
    PowerReviews — Acquired by Bazaarvoice for $151M.
    5.24.2012
    Copperfasten — Received €500k in Unattributed funding from Enterprise Ireland and Oyster Technology Investments
    5.27.2012
    Undo Software — Received Unattributed funding from Cambridge Angels group
    5.27.2012
    Soteira — Received $375k in Debt funding
    5.25.2012
    Spectra Analysis — Received $125k in Debt funding
    5.25.2012
    Exec — Received $3.3M in Seed funding
    5.25.2012
    5.27.2012
    Enterprise Ireland — Invested in Copperfasten.
    5.27.2012
    5.27.2012
    NextView Ventures — Invested in TurningArt.
    5.23.2012
    TELUS — Invested in SecureKey Technologies.
    5.25.2012
    Facebook — Went public with stock symbol NASDAQ:FB.
    5.18.2012
    Himax Technologies — Company added to CrunchBase
    5.28.2012
    Medivation — Company added to CrunchBase
    5.28.2012
    Copperfasten — Company added to CrunchBase
    5.28.2012
    Undo Software — Company added to CrunchBase
    5.28.2012
    SGL Network — Company added to CrunchBase
    5.27.2012
    Google Chromium — Product added to CrunchBase
    5.26.2012
    TacoGrid.com — Product added to CrunchBase
    5.26.2012
    cloudbank — Product added to CrunchBase
    5.26.2012
    mywheebox — Product added to CrunchBase
    5.26.2012
    Antifraud publications — Product added to CrunchBase
    5.26.2012
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