Enterprise software company Jive has just reported fourth quarter results, which represent the company’s first earnings report as a public company. Q4 total revenue came in at $22.5 million, up 53% year-over-year. The company continued to take losses in terms of profit, posting a net loss of $12.7 million for the quarter (GAAP), compared to a net loss of $6.8 million for the same period last year. Non-GAAP net loss for the fourth quarter was $9.1 million, compared to a net loss of $5.7 million for the same period last year. Analysts expected a loss of $0.39 per share and revenue of $21.01 million.
Within total revenue, product revenue was $19.2 million for the fourth quarter, an increase of 61% on a year-over-year basis. Professional Services revenue for the fourth quarter was $3.3 million, an increase of 21% on a year-over-year basis.
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What started as a bit of aimless tinkering for developer Arun Thampi ultimately unearthed something very surprising about life-sharing service Path. As a fan of the app, Thampi took it upon himself to look at the API calls that the app made to Path’s service and found that his “entire address book (including full names, emails and phone numbers) was being sent as a plist to Path.” → Read More
Gillmor Gang Enterprise – Steve Gillmor, John Taschek, and Ben Kepes, Analyst for Diversity Ltd. Recording at 1pm PT.
Recording has concluded. → Read More
Do you remember the seventh grade? The first time your new girlfriend hated on your best friend? What about your first kiss?
I don’t remember any of that, but the memories came flying back to me after I saw this video. If I had to sum it up in one word I’d call it amazing, mostly because it combines three of my favorite things: confrontations settled over social networks, dramatic reenactments, and tweens’ tendency to talk about matters of the heart as though they understand them.
Oh, I should probably tell you what you’re about to look at. This is a dramatization of a real conversation had by seventh graders on Facebook. → Read More
Today, mobile promotion and discovery service AppsFire is launching a new toolkit for developers called App Booster. Meant to boost user engagement and retention, two of the toughest challenges developers face today, the App Booster SDK (software development kit) introduces a suite of tools for things like in-app notifications, user feedback, analytics and mobile app cross-promotion.
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An interesting thing is happening in hardware marketing these days and I think Devin noticed it yesterday when he pointed out that Samsung, in their marketing of the Samsung Galaxy Note, is changing the script when it comes to gadget advertising, a tendency that is becoming more and more apparent in newer ads from many big players.
First, let’s look at the history of CE advertising. For most of the 1980s, computer marketing didn’t really exist. Take a look at this gem from a 1984 issue of Analog: → Read More
Popular restaurant app Urbanspoon is releasing new data today related to its growth over the course of 2011. The company says its traffic is up by 80%, with mobile growth outpacing the web. The site is now seeing 28 million visits per month, with traffic now split roughly half and half between mobile and web.
On the mobile side, Urbanspoon has seen 112% year-over-year growth, while on the web side, it’s at 70% growth over last year. Overall, the company saw 255 million visits in 2011, up from 141 million in 2010. → Read More
Sometimes it’s the quiet ones who end up doing the most damage. I always thought of Larry Downes, the co-author of the mega-selling Unleashing the Killer App, as an unusually gentle and wise soul. But this was before Downes unleashed his all-too-critical powers on Best Buy, transforming himself from a cerebral author into a bomb throwing critic of America’s leading consumer electronics retailer. In Why Best Buy is Going out of Business…Gradually, a brilliant article he published at Forbes last month, Downes finally told the truth about the terrible customer service at Best Buy. And the article went viral, of course, amassing close to 3 million page views and even forcing Best Buy CEO, Brian Dunn, to issue a response. → Read More
Exclusive: WibiData, the big data management startup co-founded by Cloudera founder Christophe Bisciglia and Aaron Kimball, is announcing $5 million in new funding from NEA and Google Chairman Eric Schmidt. Past investors in the company include Cloudera CEO Mike Olson, and SV Angel.
As we’ve written in the past, WibiData wants to help companies manage and analyze complex business data about users so you can predict how they are going to interact with the product in the future. Data such as email records, web histories and other interactions cannot be easily analyzed together, but WibiData aims to solve this problem. Specifically, the technology can be used for personalization for a number of web companies, including consumer web, e-commerce and gaming companies.
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Flush with new capital, Klout, the startup that measures influence on Twitter, Facebook, LinkedIn, YouTube, Foursquare, Google+ and other social apps, is making its first acquisition. Klout is purchasing mobile and local neighborhood app Blockboard. Financial terms of the deal were not disclosed.
Blockboard develops a neighborhood app through which neighbors can interact with one another. They can report potholes and graffiti directly to the city, alert each other about crime and vandalism through a Blockwatch, post general observations about the neighborhood, ask their neighbors questions, and post pictures of lost and found items. Basically, the app is focused on creating a community within real neighborhood. → Read More
One of the more annoying aspects of starting a new jobs recently was switching email accounts — I tried figure out an easy way to transfer messages and contacts, but after a few minutes of fumbling around with my email client, I gave up, forwarded a few key messages, and then set to work rebuilding my contact list (mostly) from scratch.
In other words, I could really have used something like YippieMove, a product from startup WireLoad that promises to make the email migration process as easy as possible. You just enter your account details (the company supports more than 100 email providers — co-founder and CEO Viktor Petersson says it should work with pretty much any email service that uses IMAP) and YippieMove handles the rest of the process, no software installation or constant babysitting required. → Read More
If you have one of the few Android devices currently running Ice Cream Sandwich, then you’re going to love this post. The rest of you, including those of you on iOS, will have to gaze longingly for a while.
Because Chrome just landed on Android.
It’s faster. It syncs everything (provided you want it to). It has nifty transition effects and a more intuitive system for jumping between tabs. And it’s also loaded with potential.
Google’s Chrome browser, which has skyrocketed to popularity since its debut in 2008 and consistently gets top marks for being the fastest browser in town, has long been strangely absent from Android. To be clear, Android has always shipped with a browser of its own — and it actually shares much of the same codebase with Chrome, including the V8 JavaScript engine. But next to the real Chrome, it’s a clear wannabe. After using it for a day, I really have no intention of using the older browser again. → Read More
How do you meet new people in today’s digital age, without over-exposing yourself the creeps, trolls and spammers? The answer, perhaps, is build a social service on top of Facebook, leveraging your network, your friends of friends and shared interests to form connections with people you don’t know. That’s what the new startup Speeksy is doing. The service is virtualizing the experience of going out to a bar or nightclub by offering an online venue where users can interact, message each other and video chat, while bonding over their shared music playlists.
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Last year, venture firm Kleiner Perkins debuted its plans for a summer internship program to place top engineering talent from colleges at the firm’s portfolio companies. The benefit is two-fold: students get to work at the startup level, are mentored (and have the prestige of Kleiner Perkins on their resume) and startups get access to young engineering talent. Today, Kleiner is debuting the first inaugural class of the fellow program.
As Kleiner explains, the goal of the paid fellowship is to give engineering students the experience of working on tough technical problems at startups. Fellows are placed at Kleiner portfolio startups and are also invited to exclusive events at Twitter and Zynga, where they can network. → Read More
Honeywell filed a multi-patent infringement lawsuit against Nest Labs and Best Buy yesterday. The suit alleges that Nest Labs is infringing on seven Honeywell patents. Honeywell is not seeking licensing fees. The consumer electronic conglomerate wants Nest Labs to cease using the technology and is actually looking to collect damages caused by the infringement. Damages? Bullshit. This is about killing the competition.
This lawsuit hit Silicon Valley and the tech world hard when it broke Monday morning. Nest Labs is the Valley’s star child right now. The company, founded by the godfather of the iPod, started in a Palo Alto garage just over two years ago and successfully disrupted a stale industry so hard that it seems to have resulted in a major lawsuit. The company won a Best of Innovations Award at CES 2012 and, just last week, a Crunchie for Best New Device. People love Nest. And now most of those same people hate Honeywell. → Read More
Spreecast, a social video platform that lets people broadcast together, is adding the ability to embed ‘spreecasts’ on their blogs, free of charge.
The brainchild of StubHub co-founder and investor Jeff Fluhr, Spreecast can be used publicly or privately to create interactive, social online video broadcasts. Up to 4 people at a time can be face-to-face, streaming their conversation live while hundreds of others can watch, chat, and participate by submitting comments and questions to those on-screen. Viewers can also request to join on camera, while producers of the Spreecast can manage the action. Spreecast is also integrated with Facebook, Twitter, and Google+ so that producers and creators can broadcast their conversations to their friends, followers, circles, contacts and connections. → Read More
Web app error tracking startup Exceptional has acquired fellow error tracking application and competitor, Airbrake, from web design and development company thoughtbot. Financial terms of the acquisition were not released.
Simply put, Airbrake tracks errors in web apps. The app will collects errors generated by a variety of applications, and aggregates the results for review by developers. Airbrake’s service is used by a number of high-profile companies including Groupon, eBay Square and AT&T. → Read More
Telecom expense management (TEM) solutions company Xigo, which Greg likened to a Billshrink for large companies, has been acquired by one of its partners, IT services and solutions provider Dimension Data for an undisclosed sum. → Read More
Disruptive payments network Dwolla confirmed today it has raised $5 million in Series B financing in a round led by Union Square Ventures. Also participating in the round are Village Ventures, Thrive Capital, Artists and Instigators and Paige Craig of Betterworks. As a part of the deal, Albert Wenger of Union Square Ventures will join Dwolla’s board.
The company says that additional funding will be used to continue product development, expand its API and “maybe buy some Doritos.” (Yeah, you gotta love these guys). → Read More
In March of last year, DailyWorth, the personal finance community for women, raised $850K from Robin Hood Ventures, Eric Schmidt’s TomorrowVentures, Howard Lindzon’s Social Leverage, 500 Startups, and more. And, in January, the startup added $2 million more.
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