Tonight, Silicon Valley’s heroes gave competition a rest and joined together to celebrate the spirit of innovation. An all-star committee of tech moguls carefully considered your nominations of visionaries in the fields Engineering Leadership, Product Design and Marketing, General Management, and Disruptive Innovation. They chose 5 leaders per category and awarded them each a $100,000 grant to invest in a startup of their choice.
Here are the winner’s of this year’s TechFellow Awards: → Read More
Retickr, a social news reader application for Mac OS X, received a big update today, as well as a new round of funding. The startup just closed its Series A of $1.5 million led by the Lamp Post Group, the investors who had previously put $150,000 into the company’s seed round.
The app, which combines RSS, social networking updates and news, is not your standard feed reader, but rather attempts to personalize your news reading experience the more you use the product. → Read More
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If you want to see what your friends or contacts are up to, you can check out Facebook, Twitter, LinkedIn, or Instagram for a realtime feed. But what if you want to read news about your friends? That’s a little bit trickier, which is why Newsle was born. Axel Hansen and Jonah Varon created the site in early 2011 as a way to find out more about what their friends and people they met at school were up to during the summer, and beyond. At the time, Hansen and Varon were sophomores at Harvard, but they’ve since taken leave and have moved to San Francisco to focus on Newsle full-time. (Sounds like a familiar story, doesn’t it?) → Read More
Well, you have to hand it to the strategy team over at Zipcar. Arguably the largest on-demand car-sharing network, Zipcar went public last year and not long after saw its market cap cross $1 billion. It’s since fallen back, and with collaborative consumption and the market for car-sharing heating up, the big players have to make moves. Zipcar has since forged a partnership with Ford, making it the largest provider of cars for Zipcar’s University program, and, in December, the company took a controlling stake in Spain’s largest car-sharing network, Avancar.
Today finds Zipcar making another strategic move to get its mitts in fellow car-sharing companies, again with a focus on universities, whose students are among the most eager adopters of car-sharing models. What do I mean? The company today announced that it is a lead investor in the $13.7 million Series A financing of Wheelz, a junior, university-focused version of itself. → Read More
You may not know this, but Turkey has a fever. And the only prescription is more games. That’s right. Sifting through some of Pando Networks’ recent numbers on international gaming, we found that Turkey owns an increasing share of the global downloads of free-to-play games. Over the last year, the number of gamers in Turkey downloading free games climbed to over 5 million, a 534 percent increase since 2010 — and more than 14 percent of the country’s total population. → Read More
Australian-based travel marketplace Jayride.com has lined up $400,000 AUD in seed funding for its ride-sharing service, which also aggregates transportation data. The angel funding was led by Andrey Shirben, one of the first investors in Kenshoo, a digital marketing software company. In addition to helping in the financing, Shirben will also bring his digital marketing expertise to assist the company, as well as connect Jayride with other players in the global travel sector.
→ Read More
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Entrepreneurs and small businesses are integral to the engine of job creation. According to the White House, companies less than five years old created 44 million jobs over the last three decades in the U.S. and what’s more, accounted for all net new jobs created over that time. In a struggling economy, the incubators and accelerators that help grow startups and SMBs, giving them access to the network and capital they need to grow, are essential to job creation and building a healthy economy. → Read More
Kwaga, a Paris, France-based startup that specializes in tools to make email ‘smarter’ by leveraging semantic technology, has raised $1.55 million in Series A funding. The company, which received seed funding from Seedcamp and Kima Ventures after its founding in 2008, raised the money from unnamed private investors, advised by investment consultancy firm Financière Fonds Privés.
Kwaga aims to build semantic software that will make us love email again and turn it into a productivity enhancer rather than killer. The company’s flagship service, WriteThat.Name, for instance automatically updates a user’s address book based on the information contained in the messages received. → Read More
US-based desktop virtualization software maker DeskStream has acquired Northern Irish cloud start-up WorldDesk, the companies are set to announce today at CES in Las Vegas. Terms of the acquisition, which is expected to close this quarter, were not disclosed.
Interestingly, the acquisition will see DeskStream adopt the WorldDesk name and branding. → Read More
StrikeAd, a London and New York based mobile advertising startup, has secured a £2m second round investment from VCs DFJ Esprit expand further internationally. The investment follows a first round finance from Germany-based venture capital firm eValue announced in February 2011. It recently announced a move into the Japanese market in conjunction with mediba Inc., a leading Tokyo-based advertising business. → Read More
Just-Eat, the online food ordering giant of Europe, is continuing its rapid expansion, working out a partnership / acquisition deal with Alloresto.fr, the online food delivery leader in France. Just-Eat CEO Klaus Nyengaard, who blogged about the deal here, tells me it took over a year to work out the arrangement.
In an initial phase, Alloresto will be run as a joint-venture between the two companies, and after ‘a few years’ Just-Eat will acquire the remaining shares. Sebastien Forrest, founder and CEO of Alloresto, will continue to head the company as part of the deal terms. → Read More
CBS Interactive is exiting the German IT publishing market, selling its stable of local sites – ZDNet.de, Silicon.de and CNET.de – to NetMediaEurope (which also owns Gizmodo.de, ITespresso.de and Channelbiz.de).
Terms of the deal were not disclosed. → Read More
The Financial Times has acquired London-based application development firm Assanka, which built a nifty HTML5 web app – and other applications – for the publisher.
(Hat tip to Benedict Evans)
FT staffers such as Katie Morley and Jonathan Wheatley started spreading the news on Twitter, garnering retweets from FT.com managing director Rob Grimshaw and PR rep Tom Glover, who confirmed the acquisition to me but declined to share more details. → Read More
Blippar, the UK startup behind an eponymous mobile image recognition and augmented reality platform, has landed seed funding – the size of the investment was not disclosed – from Qualcomm Ventures.
The startup, which is based in London, says the seed funding serves as a springboard for a bigger Series A funding round it expects to close in early 2012. → Read More
SoundCloud has raised a new fundraising round led by Kleiner Perkins Caufield & Byers. The amount was not released but TechCrunch understands it to be $50 million. This would give the company a $200 million pre-money valuation. GGV Capital also participated in this round. The social sound platform which has seen high growth in the past year will use the funding to expand more rapidly, especially in the US. Mary Meeker, partner at Kleiner Perkins Caufield & Byers, will take a board observer seat at the company. She already serves on the board of Square. → Read More
LeGuide.com Group, a pan-European publisher of online shopping guides, comparison websites and the like, has acquired online shopping portal Ciao from Microsoft.
Financial terms of the deal were not disclosed, but LeGuide.com says it paid for the Ciao assets in cash and didn’t need to take on debt to finance the transaction. → Read More
Amazon has acquired a minority stake in Ciceksepeti, which operates an online flower and gifts store in Turkey. Founded by CEO Emre Aydin in 2006, the company delivers flowers, jewelry, gourmet products, toys and other gifts to customers across the country, including same-day deliveries in most metropolitan areas.
Headquartered in Istanbul, CicekSepeti currently employs 160 people. → Read More
Atomico, the venture capital firm founded by Skype founder Niklas Zennström, has invested 350,000 euros in Denmark-based Ge.tt, which offers an eponymous Web-based file sharing service.
Ge.tt is simple, clean, and useful. Like many file-sharing services, Ge.tt makes it easy for people to shoot files to the cloud so they can be shared with others, all from a browser-based application. → Read More
Car sharing network operator Zipcar this morning announced the exercise of its option to purchase a majority ownership interest in Barcelona-based Catalunya Carsharing, better known as Avancar, after investing in the company almost exactly two years ago.
In fact, the option had been extended for an extra year after Zipcar decided last year it wouldn’t yet exercise it, opting instead to give Avancar a loan that could be converted into equity. → Read More
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