Commenting on the web is broken. Visit just about any site large enough on the Internet and you’ll notice it. Sure, there are useful comments every once in a while, but there are more comments that are either jokes, stupid, or just downright cruel. Considering the web is supposed to be this great medium for interaction, this is a problem. It’s one LiveFyre now thinks they can fix.
When Livefyre did a limited beta launch back in December, their focus was on “intelligent conversations.” Most of those were predicated on Twitter topics though. CEO Jordan Kretchmer realized that using this system to solve the commenting problem on the web would be more interesting. And their investors agree — they’ve stepped up with an $800,000 Series A round to get things going. → Read More
Today TechStars held its third Demo Day, offering a dozen of its startups the chance to display their wares in front of a throng of investors and the media. TechStars is a seed stage investment fund similar to Y Combinator and DreamIt Ventures that gives startups a modest amount of cash (around $5,000 for each founder) and a three month mentorship in exchange for a 5% equity stake in the company. Every year TechStars chooses ten companies from hundreds of applicants to take part in the program. Some of these companies have presented before at last month’s Demo Day in Colorado or in last year’s presentation.
Included in the days festivities were announcements that two TechStars companies have been acquired: madKast (by ShareThis) and IntenseDebate (by Automattic, the maker of WordPress). After AOL’s purchase of SocialThing! in August, that brings the acquisition total from TechStars’ first class to three (of ten graduates). Not too shabby.
See below for profiles on all the presenting companies. → Read More
Today at the TechStars demo day, Automattic, the company behind WordPress, announced that it has acquired enhanced commenting system IntenseDebate for an undisclosed amount.
WordPress has long been in need of an upgraded commenting system, which has led to a number of replacement and augmented systems in the last year, including Disqus and JS-KIT. WordPress CEO Toni Schneider says that better commenting has been on the blogging platform’s roadmap for some time, and that IntenseDebate’s team and technology made the company a good target for acquisition.
WordPress 2.7 will include some of IntenseDebate’s features by default, including threaded commenting. The service will also introduce a plugin that tightly integrates the rest of IntenseDebate’s other features, like aggregated commenting across multiple blogs.
In a blog post announcing the deal, IntenseDebate says that it will now be re-entering private beta, though the service’s current users will still be able to use it. IntenseDebate will stay a separate service that will be tightly integrated in WordPress, but will also be available for other platforms (Akismet’s spam filtering has been used in a similar manner).
IntenseDebate originally launched to the public last October, sporting features including OpenID support, user profiles, and the ability to track a user’s comments across multiple blogs. Since launch the site has seen impressive growth, reporting at least a 25% increase in users each month. → Read More
Y Combinator wasn’t the only incubator to demo their most recent startups today. Colorado-based TechStars also brought their startups on stage – ten of them – to give the audience a first look at what they’ve been up to all summer. Each startup gave 5% of their equity in exchange for $15,000, operational support, office space and mentoring. Most of these companies are unlaunched and seeking additional angel funding (exceptions are noted). Here are our notes on each – and see Don Dodge for his take: EventVue builds social networks around conferences (see confabb, an existing competitor). The idea is to let people connect before, during and after conferences in an online space, to add to the physical interaction at the conference itself. The company plans on generating revenue by charging an affiliate fee for each new registration. They are currently looking for $150k in funding. Intense Debate – see our previous coverage. Intense Debate is a souped-up blog commenting widget that adds a lot of features for publishers and commenters alike. Currently installed on 30 blogs. Installing the plug-in on your blog (WordPress, Blogger, and TypePad) adds threading, comment analytics, bulk comment moderation across all your blogs, user reputation, and comment aggregation. They are looking for $500k in funding. socialthing! is an ambitious project that simplifies the management of digital content (blogs, photos, music, friends, social networks and links). Users can also synchronize information from and to various social networks from their profile page. Strong viral component. Revenue from advertising. Raising $500k. J-Squared Media has launched their “Sticky Notes” Facebook application. It has 1.7 million users after six weeks, who have sent over 4 million sticky notes. They are working on several other related Facebook applications and are cash flow positive with $30,000/month in revenue from cost per action advertising. Not seeking funding. More here. Search-To-Phone is a mobile search service via voice. Call and leave a voicemail asking about a product or service. The request is then routed to the appropriate business to call you back with information and/or a special offer. Built on TellMe and Gold Systems technologies for voice recognition. They’ve signed a business development deal with Excell Services to provess 10 million calls. They are looking for a small capital investment and more partners before launching. Villij is a recommendation engine that analyzes your online life (social networks, blogs, bookmarks, etc.) to find people who → Read More
