April 22nd, 2008

Confirmed: Zyb Bought Imity

Danish startup Zyb has confirmed our report from last week that it bought mobile social-networking startup Imity. Here is Zyb’s press release and Imity’s blog post. Terms were not disclosed, but it wasn’t very big (Zyb has raised only 3 million Euros so far). The deal was a combination of cash and stock and Imity’s three employees are now working at Zyb. As we noted previously: Imity is a mobile social network that locates people via the bluetooth feature on their handsets. It detects other members via bluetooth and send basic profile information to your phone. It also keeps track of people on its website, so you can check that out periodically from your normal computer. It bridges mobile and traditional social networks, which may help it gain critical mass. We first mentioned them last year. ZYB is a much larger startup that originally helped users back up data on their mobile phone to the web. When they realized how much relationship data they had collected on users (who you know, via who is stored on your cell phone), they launched a social network of their own. Zyb has 250,000 users who have already stored 16 million contacts on the service. It is working on a new service called the Zyb Phonebook, which will incorporate Imity’s Bluetooth social networking feature and is due to roll out sometime this quarter. Location-aware mobile social networks are becoming hot again (see today’s launch of Fireball). But relying on Bluetooth alone to determine which of your friends are nearby is too limiting. After all, chances are if a friend of mine is in the same room I won’t need to look at my cell phone to find him or her. Update: Imity co-founder Nikolaj Nyholm, who is now an adviser to Zyb, argues that a Bluetoth network is actually valuable because it bridges your virtual relationships with the physical world. Says Nyholm: It is not about where, it is about here. What Imity has been focused on is figuring out what is happening around you here and now, not that a movie is playing five miles away from you. It is about sensing the information here and now, and making those connections that would not happen otherwise. For instance, people who were reading each other’s blogs but didn’t know each other in real life have ended up meeting each other because they are at → Read More

April 15th, 2008

Mobile Marriage In Scandinavia

The rumor of the day is that Danish mobile startup Imity is being acquired by Danish Mobile startup ZYB. This isn’t confirmed yet, but we’re hearing it from a solid source. Imity is a mobile social network that locates people via the bluetooth feature on their handsets. It detects other members via bluetooth and send basic profile information to your phone. It also keeps track of people on its website, so you can check that out periodically from your normal computer. It bridges mobile and traditional social networks, which may help it gain critical mass. We first mentioned them last year. ZYB is a much larger startup that originally helped users back up data on their mobile phone to the web. When they realized how much relationship data they had collected on users (who you know, via who is stored on your cell phone), they launched a social network of their own. We don’t know the terms of the deal. ZYB has raised just €3M in capital, Imity raised nothing more than a friends and family round. But they are among the few networks to get real traction with users, and could eventually reach critical mass. We’re looking for confirmation from the company soon. CrunchBase Information imity Zyb Information provided by CrunchBase → Read More

April 9th, 2008

I Saw The Future Of Social Networking The Other Day

Anyone who’s been reading this blog for more than a few months knows I’m bullish on mobile social networking. The space is wide open at this point – no one has created an application that has gotten enough traction to go mainstream. That’s partly because of tech limitations – browser based networks don’t leverage the power of the mobile device, and client based applications are blocked by service providers and handset limitations. But it’s coming. A few years from now we’ll use our mobile devices to help us remember details of people we know, but not well. And it will help us meet new people for dating, business and friendship. Imagine walking into a meeting, classroom, party, bar, subway station, airplane, etc. and seeing profile information about other people in the area, depending on privacy settings. Picture, name, dating status, resume information, etc. The information that is available would be relevant to the setting – quick LinkedIn-type information for a business meeting v. Facebook dating status for a bar. That requires a social network that has presence, location and contextual information about you. It needs to know where you are (via GPS or triangulation), if you are in business or personal mode, and similar information for the people around you. It also needs, at a basic level, the ability to sort and browse the people around you based on their picture and name, and what they are looking for (dating, investments, job, friendship). Once this network is established, you’ll know everyone’s name who’s around you (if they choose to share it), and enough basic information to jog your memory if you know them, or meet them if there’s mutual interest. Poking someone on Facebook is great, but “poking” them when you’re in the same bar as them can result in much more immediate social gratification. The mobile social network that wins will go way beyond, say, Facebook’s iPhone site, which doesn’t leverage location information, or help you meet people around you. So when mobile social network startups reach out to us, we give them a lot of attention. I waded through a bunch of them in September 2007, and followed up with a look at LimeJuice in December. Frankly, MySpace and Facebook could lock up this space simply by focusing on it, but as far as I can tell from discussions with execs at both companies, they’re more focused on → Read More

December 6th, 2007

LimeJuice's Mobile Social Network: It's Easy, And So People May Use It

Stealth startup Hyphen-8 has been beta testing their new mobile social network called Lime Juice in San Francisco since October. Using your phone to create or enhance real world interactions is a killer application, but no one has cracked the nut yet. The reason is that the network is useless until it achieves a critical mass of users who are online and using the application via their mobile phone. If no one else is online, there’s little point in you being online, either. And presence detection is another (technical) problem. Even if people have joined the network, how do you know when they are near you? But once it does happen, look out. You could be in a bar and see who’s single, who thinks you’re cute, who wants to talk to you, etc. (if they choose to share that information). Forget meeting via an online dating site and then organizing an awkward in person meeting that usually falls flat. Instead, you can do the online an real world thing simultaneously. We’ve kept an eye on the new startups launching in this space. Check out Rummble, Mig33, ZYB, Mocospace, Aka-Aki, Nokia Sensor, Dodgeball, Mobiluck, MeetMoi and Imity, just to get warmed up. But none of them yet have critical mass (Mig33, however, is turning into a very large cheap VOIP provider on the side). LimeJuice now joins the group with a unique product. Users can actually join on the fly, via SMS. And the company is sponsoring party after party at bars and clubs in San Francisco to get users to try out the product with lots of others at the same time. The test results are encouraging – people are using it. A lot. How It Works The goal is to allow people in a bar or other social gathering to learn a little about the people around them, and flirt via the mobile network as a way to break the ice. The details are what makes LimeJuice interesting. It’s dead simple to join and use. First, users can register for the service via SMS. That means if just one person in a bar is a member or even knows about the service, they can tell others and quickly get a core group to join. When you create an account, you tell it something distinctive about yourself (tall blonde, red dress!) so that people searching will be able to → Read More

September 11th, 2007

The Holy Grail For Mobile Social Networks

We’ve been tracking emerging mobile-only social networks such as ZYB and Mocospace and Mig33. All have unique selling points (Mocospace is dead simple to use, ZYB has a rich set of potential users from their address book backup service, and Mig33 has a VOIP tool that has attracted over seven million users), but there’s one solid gold feature that none yet have: physical presence detection and information exchange with other users. This is the Holy Grail of mobile social networking, and one of the main reasons for taking the networks off the desktop/laptop environment in the first place. Imagine walking into a meeting, classroom, party, bar, subway station, airplane, etc. and seeing profile information about other people in the area, depending on privacy settings. Picture, name, dating status, resume information, etc. The information that is available would be relevant to the setting – quick LinkedIn type information for a business meeting v. Facebook dating status for a bar. Knowing when your friends are around, and having the ability to meet new people who share your interests (even if it’s just that you are both single), will drive massive usage of networks. But, as with many new services, a chicken and egg problem looms. Until everyone is using this, there is no real reason for anyone to use it. Meetro, an instant messaging service that finds friends based on location, has struggled to gain users over the last couple of years for this reason. Technical barriers aren’t an issue – cell phone tower triangulation and bluetooth solve a lot of the problems of locating users and transmitting information between phones. What’s harder is just plain getting a critical mass of users. The Failures There is a trail of failed attempts at getting this right. Nokia released Nokia Sensor nearly three years ago. It broadcasts information about yourself to others via bluetooth. Never heard of it? Neither has anyone else, although it is still available for download. Google’s Dodgeball is another example that’s fallen flat – it tells friends (and friends of friends) who are within 10 blocks of you where you are and what you are doing. The New Experiments A bunch of new startups are giving this a shot, too. In a post yesterday TechCrunch UK mentions Germany’s Aka-Aki, Paris-based Mobiluck and MeetMoi (the lone U.S. startup). Another startup is Copenhagen-based Imity. It’s not surprising that most of the innovation → Read More

Real-Time
Crunchbase

Durham Graphene Science — Received £1.2M in Seed funding from IP Group Plc
2.13.2012
Durham Graphene Science — Company added to CrunchBase
2.13.2012
2.13.2012
Cidade Internet — Acquired by Populis.
2.1.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Cidade Internet — Acquired by Populis.
2.1.2012
2.1.2012
2.9.2012
LetsBuy.com — Acquired by Flipkart.
2.9.2012
Cocoafish — Acquired by Appcelerator.
2.9.2012
Durham Graphene Science — Received £1.2M in Seed funding from IP Group Plc
2.13.2012
ClevrU — Received $550k in Unattributed funding
2.10.2012
OpenLabel — Received $80k in Seed funding from Peter Kirwan, Tim Drees, and Doug Taylor
2.10.2012
sneakpeeq — Received $2.67M in Unattributed funding from Bain Capital Ventures, Metamorphic Ventures, Keith Rabois, Tim Kendall, Mike Murphy, and Vikas Gupta
2.10.2012
Noble Biomaterials — Received $8M in Series B funding from Northwater Capital, TL Ventures, and DuPont Capital Management
2.10.2012
2.13.2012
Peter Kirwan — Invested in OpenLabel.
2.10.2012
Doug Taylor — Invested in OpenLabel.
2.10.2012
Tim Drees — Invested in OpenLabel.
2.10.2012
Metamorphic Ventures — Invested in sneakpeeq.
2.10.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Durham Graphene Science — Company added to CrunchBase
2.13.2012
ClevrU — Company added to CrunchBase
2.13.2012
OpenLabel — Company added to CrunchBase
2.13.2012
Bookt — Company added to CrunchBase
2.12.2012
Kigo.Net — Company added to CrunchBase
2.12.2012
2.12.2012
Metier HR - Cloud Based HR Process Automation Suite — Product added to CrunchBase
2.12.2012
TweepsMap — Product added to CrunchBase
2.12.2012
Wupbox account — Product added to CrunchBase
2.11.2012
Pocketbook (Mobile app, coming soon) — Product added to CrunchBase
2.11.2012
CrunchBase