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February 29 2012
EmployInsight Grabs $1M For Its Employee Measurement Platform (And NYSE As Its First Client)
employinsight0logo
EmployInsight, a web-based platform for measuring and quantifying employees' "soft skills" in the workplace, has raised $1 million+ from Founder Collective, Launch Capital, Sean Glass, Phil Bronner, Jarrod Yuster, David Cohen, Gus Fuldner and other angels, the company is announcing today. The startup is also revealing one of its first enterprise clients, and it's a big one: the New York Stock Exchange is up-and-running on EmployInsight's first product, a hiring application called HireInsight.
employinsight0logo
EmployInsight, a web-based platform for measuring and quantifying employees' "soft skills" in the workplace, has raised $1 million+ from Founder Collective, Launch Capital, Sean Glass, Phil Bronner, Jarrod Yuster, David Cohen, Gus Fuldner and other angels, the company is announcing today. The startup is also revealing one of its first enterprise clients, and it's a big one: the New York Stock Exchange is up-and-running on EmployInsight's first product, a hiring application called HireInsight.
Tello Raises $2.7M From True Ventures To Give Businesses Consumer Feedback On The Fly
tello
Tello,, a SaaS and mobile app that allows customers to give businesses realtime feedback on customer service, has raised $2.7 million in new funding led by True Ventures and Bullpen Capital. The company, which debuted at TechCrunch Disrupt in 2010, previously raised $1 million in seed funding from Dave McClure, True Ventures, Founder Collective, Chris Sacca, Aydin Senkut, Russ Siegelman, Marc Goines, Ron Conway, Naval Ravikant, and Shervin Pishevar. On the consumer side, Tello is a free web and mobile service that aggregates ratings for businesses (business listings are aggregated from Localeze) from across the web and allows users to post comments about their experience at a business. Users can provide feedback on specific employees, recommend an employees and share a positive or negative story about the employee. Via iPhone and Android apps, users can select a specific business, choose and employee at the business and rate the service with a thumbs up or a thumbs down.
tello
Tello,, a SaaS and mobile app that allows customers to give businesses realtime feedback on customer service, has raised $2.7 million in new funding led by True Ventures and Bullpen Capital. The company, which debuted at TechCrunch Disrupt in 2010, previously raised $1 million in seed funding from Dave McClure, True Ventures, Founder Collective, Chris Sacca, Aydin Senkut, Russ Siegelman, Marc Goines, Ron Conway, Naval Ravikant, and Shervin Pishevar. On the consumer side, Tello is a free web and mobile service that aggregates ratings for businesses (business listings are aggregated from Localeze) from across the web and allows users to post comments about their experience at a business. Users can provide feedback on specific employees, recommend an employees and share a positive or negative story about the employee. Via iPhone and Android apps, users can select a specific business, choose and employee at the business and rate the service with a thumbs up or a thumbs down.
February 13 2012
StopTheHacker Helps Website Owners Combat Malware, Raises $1.1 Million
stopthehacker
StopTheHacker, an aptly named provider of SaaS-based website security services, has secured $1.1 million in first-round funding from public and private investors, including Runa Capital and former Bluecoat chief executive Brian NeSmith.
stopthehacker
StopTheHacker, an aptly named provider of SaaS-based website security services, has secured $1.1 million in first-round funding from public and private investors, including Runa Capital and former Bluecoat chief executive Brian NeSmith.
Marin Software Raises $30M, Aims (Eventually) For IPO
AMarin Software Ad Spend Under Management
Marin Software, a company that helps advertisers manage large online ad campaigns, has raised $30 million in a new round of funding. Founded in 2006, Marin initially offered tools to manage search advertising campaigns, but it has expanded into display, mobile, and social media campaigns, and the company now bills itself as "the world’s leading online advertising management platform." Marin says it doubled its customer base in the last year and now works with more than 1,500 advertisers and advertising agencies, who use the company's services to manage $3.5 billion in annualized ad spending.
AMarin Software Ad Spend Under Management
Marin Software, a company that helps advertisers manage large online ad campaigns, has raised $30 million in a new round of funding. Founded in 2006, Marin initially offered tools to manage search advertising campaigns, but it has expanded into display, mobile, and social media campaigns, and the company now bills itself as "the world’s leading online advertising management platform." Marin says it doubled its customer base in the last year and now works with more than 1,500 advertisers and advertising agencies, who use the company's services to manage $3.5 billion in annualized ad spending.
Y Combinator Alum DoubleRecall Nabs $1.6 Million To Give Brands An Alternative To Paywalls
Screen shot 2012-02-09 at 8.15.32 PM
Back in August, Y Combinator held its summer session demo day, introducing the world to 60 new companies in one of its strongest batches to date. One of these companies, DoubleRecall launched as a platform that enables companies to roll out digital campaigns that actually succeed in prompting users "to read an ad," rather than scoff and click elsewhere.
Screen shot 2012-02-09 at 8.15.32 PM
Back in August, Y Combinator held its summer session demo day, introducing the world to 60 new companies in one of its strongest batches to date. One of these companies, DoubleRecall launched as a platform that enables companies to roll out digital campaigns that actually succeed in prompting users "to read an ad," rather than scoff and click elsewhere.
February 10 2012
OpenLabel Exits Stealth, Raises $80K To Turn Barcodes Into Public Labels
openlabel-scan
OpenLabel, a startup that wants to augment everyday products' barcodes with crowd-sourced information that helps you decide whether to buy, has raised $80,000 in seed funding in a round led by Peter Kirwan, also an investor in IFTTT. Also participating in the round were Tim Drees and Doug Taylor. According to OpenLabel co-founder Scott Kennedy, this $80K is just the first part of a larger $300,000 seed round, which the company expects to close prior to the April launch of the mobile application.
openlabel-scan
OpenLabel, a startup that wants to augment everyday products' barcodes with crowd-sourced information that helps you decide whether to buy, has raised $80,000 in seed funding in a round led by Peter Kirwan, also an investor in IFTTT. Also participating in the round were Tim Drees and Doug Taylor. According to OpenLabel co-founder Scott Kennedy, this $80K is just the first part of a larger $300,000 seed round, which the company expects to close prior to the April launch of the mobile application.
Conduit Joins Billion-Dollar Club As Yozma Sells Stake To Silver Lake
conduit logo
Yozma Venture Capital is selling its stake in startup Conduit for a massive return. The story was reported in the Israeli publication Globes, but I've confirmed the details with a source who has knowledge of the deal, and who also identified the buyer (described by Globes only as "a large foreign investment firm that has tens of billions of dollars under management") as private equity firm Silver Lake. Yozma invested $1.5 million for 9 percent ownership of Conduit in 2006. Now it's selling its stake for $250 million. In other words, it's seeing a return that's nearly 200 times the size of the initial investment. According to Globes, the Israeli venture capital industry has never seen a return on that scale.
conduit logo
Yozma Venture Capital is selling its stake in startup Conduit for a massive return. The story was reported in the Israeli publication Globes, but I've confirmed the details with a source who has knowledge of the deal, and who also identified the buyer (described by Globes only as "a large foreign investment firm that has tens of billions of dollars under management") as private equity firm Silver Lake. Yozma invested $1.5 million for 9 percent ownership of Conduit in 2006. Now it's selling its stake for $250 million. In other words, it's seeing a return that's nearly 200 times the size of the initial investment. According to Globes, the Israeli venture capital industry has never seen a return on that scale.
February 09 2012
Stealthy Startup timeRAZOR Raises $3.4M Pre-Launch, Partners With Major Household Brands
timerazor-logo
Got FOMO? (That's "fear of missing out" for those of you who don't do slang.) There will soon be an app for that, or so says the $3.4 million in angel funding the stealthy D.C.-area startup called timeRAZOR has raised. In its pre-launch state, the curious company is already lining up brand partnerships with big names like Marriott and L'Oreal in preparation for its March debut. But what the heck is a timeRAZOR?
timerazor-logo
Got FOMO? (That's "fear of missing out" for those of you who don't do slang.) There will soon be an app for that, or so says the $3.4 million in angel funding the stealthy D.C.-area startup called timeRAZOR has raised. In its pre-launch state, the curious company is already lining up brand partnerships with big names like Marriott and L'Oreal in preparation for its March debut. But what the heck is a timeRAZOR?
February 03 2012
Peter Thiel Invests (Again) In Xero’s $16.6M Round
xero
Online accounting software maker Xero has raised a new $16.6 million round of funding from existing investors — including PayPal co-founder Peter Thiel, whose most famous investment, Facebook, just filed for an IPO,
xero
Online accounting software maker Xero has raised a new $16.6 million round of funding from existing investors — including PayPal co-founder Peter Thiel, whose most famous investment, Facebook, just filed for an IPO,
Lead Management Company Leads360 Raises $15 Million
leads360
Leads360, a consumer sales automation and telephony platform, announced today it has completed a $15 million round of new funding. The round was led by Volition Capital and saw participation from existing Leads360 investor Rustic Canyon Partners. The company plans to use the funding to expand its product lineup, pursue strategic relationships and raise awareness about its platform.
leads360
Leads360, a consumer sales automation and telephony platform, announced today it has completed a $15 million round of new funding. The round was led by Volition Capital and saw participation from existing Leads360 investor Rustic Canyon Partners. The company plans to use the funding to expand its product lineup, pursue strategic relationships and raise awareness about its platform.
February 02 2012
Facebook Wants All Two Billion Internet Users, But Growth Rates Are Slowing
2712985992_d43d525e54_z
Make no mistake about Facebook's ambitions. "There are more than two billion global Internet users," its S-1 filing states, "...and we aim to connect all of them." As evidence of its ability to reach this goal, the company says that it already has some countries with above 80% penetration rates among users. The problem, as the filing also notes, is that "our rates of user and revenue growth will decline over time." A quick analysis of the worldwide monthly and daily active user counts in the document shows this phenomenon is already in full effect. From quarterly gains of above 20% for much of 2009, both monthly and daily increases fell to above 10% in 2010, and then to the single digits in 2011.
2712985992_d43d525e54_z
Make no mistake about Facebook's ambitions. "There are more than two billion global Internet users," its S-1 filing states, "...and we aim to connect all of them." As evidence of its ability to reach this goal, the company says that it already has some countries with above 80% penetration rates among users. The problem, as the filing also notes, is that "our rates of user and revenue growth will decline over time." A quick analysis of the worldwide monthly and daily active user counts in the document shows this phenomenon is already in full effect. From quarterly gains of above 20% for much of 2009, both monthly and daily increases fell to above 10% in 2010, and then to the single digits in 2011.
February 01 2012
ShoreTel To Acquire Cloud Communications Company M5 Networks For Up To $146 Million
108268v10-max-250x250
IP phone company ShoreTel has today announced that it is beefing up its offerings by acquiring unified communications company M5 Networks in a deal that is valued up to $146 million in cash and stock.
108268v10-max-250x250
IP phone company ShoreTel has today announced that it is beefing up its offerings by acquiring unified communications company M5 Networks in a deal that is valued up to $146 million in cash and stock.
Facebook Still Growing Everywhere, Europe Leads At 229M, Asia Catching Up With 212M
Screen Shot 2012-02-01 at 2.25.24 PM
I've spent the last few years trying to figure out Facebook's regional traffic numbers via third party measurement firms and by scraping its ad tool. But now, I don't have to, because the company has included the breakdown in its S-1 filing today. And what does it show? Across the board growth. Take a look at the graphs below, going back to March of 2009. Contrary to various other data sets, there is literally no month where it didn't gain users in every single region.
Screen Shot 2012-02-01 at 2.25.24 PM
I've spent the last few years trying to figure out Facebook's regional traffic numbers via third party measurement firms and by scraping its ad tool. But now, I don't have to, because the company has included the breakdown in its S-1 filing today. And what does it show? Across the board growth. Take a look at the graphs below, going back to March of 2009. Contrary to various other data sets, there is literally no month where it didn't gain users in every single region.
January 27 2012
YC Alum Curebit Raises $1.2 Million For Online Referral System
curebit-logo-200x200
Y Combinator alum Curebit, an online customer referral platform that leverages social media for "word-of-mouth" advertising, has just raised $1.2 million in funding. The investors include 500 Startups, Karl Jacob, Auren Hoffman, Dharmesh Shah, Gordon Tucker, Alex Lloyd of Accelerator Ventures, and others. The funding will be used for continued product development and a slight expansion to the team involving three new hires (two developers, one designer) to the company's now five-person outfit.
curebit-logo-200x200
Y Combinator alum Curebit, an online customer referral platform that leverages social media for "word-of-mouth" advertising, has just raised $1.2 million in funding. The investors include 500 Startups, Karl Jacob, Auren Hoffman, Dharmesh Shah, Gordon Tucker, Alex Lloyd of Accelerator Ventures, and others. The funding will be used for continued product development and a slight expansion to the team involving three new hires (two developers, one designer) to the company's now five-person outfit.
January 23 2012
1-Month Old BuzzDoes Scores $750K For Mobile App Marketing Platform
buzzdoes10LastSmall
BuzzDoes, a newly launched word-of-mouth marketing tool for mobile app developers, has secured $750,000 in seed funding from angel investors and Proxima Ventures. The tool, which operates as a drop-in SDK (software development kit), allows developers to add a viral recommendation feature to their application using a single line of code. Once installed, app users are "incentivized" (meaning rewarded), for recommending the app in question to their friends.
buzzdoes10LastSmall
BuzzDoes, a newly launched word-of-mouth marketing tool for mobile app developers, has secured $750,000 in seed funding from angel investors and Proxima Ventures. The tool, which operates as a drop-in SDK (software development kit), allows developers to add a viral recommendation feature to their application using a single line of code. Once installed, app users are "incentivized" (meaning rewarded), for recommending the app in question to their friends.
Polar Mobile Raises $6 Million For HTML5-Based Publishing Platform, MediaEverywhere
polar-mobile
Polar Mobile, a digital media platform provider that builds apps for some of the biggest media companies, today announced it has secured an additional $6 million in funding. The new round, led by growth equity firm Georgian Partners, joins more than $3 million invested in the company previously from private investors, bringing its total funding to $9 million. The company is also announcing its plans for a new product line called MediaEverywhere, an HTML5-based content distribution solution for smartphones, tablets and desktops.
polar-mobile
Polar Mobile, a digital media platform provider that builds apps for some of the biggest media companies, today announced it has secured an additional $6 million in funding. The new round, led by growth equity firm Georgian Partners, joins more than $3 million invested in the company previously from private investors, bringing its total funding to $9 million. The company is also announcing its plans for a new product line called MediaEverywhere, an HTML5-based content distribution solution for smartphones, tablets and desktops.
Cloud Computing Software Company Joyent Raises $85 Million To Pursue Global Growth
joyent
Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor.
joyent
Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor.
DLD 2012 – Drew Houston: “Yes, Steve Jobs Called Dropbox A Feature”
dropbox
In a conversation with WIRED UK's David Rowan on stage at the DLD Conference in Germany, Dropbox CEO Drew Houston acknowledged that he did in fact have a "great meeting" with the late Steve Jobs in 2009. Houston said about the get-together that Jobs had heard of them and asked to meet with him. Even though he was generally gracious, Houston said, Jobs expressed that he felt Dropbox was more of a feature than a product or business and gave him a "bit of a hard time" about that.
dropbox
In a conversation with WIRED UK's David Rowan on stage at the DLD Conference in Germany, Dropbox CEO Drew Houston acknowledged that he did in fact have a "great meeting" with the late Steve Jobs in 2009. Houston said about the get-together that Jobs had heard of them and asked to meet with him. Even though he was generally gracious, Houston said, Jobs expressed that he felt Dropbox was more of a feature than a product or business and gave him a "bit of a hard time" about that.
Fantasy Shopper Confirms Its Hottness With $3.3m First Money From Accel And NEA
logo (1)
Fantasy Shopper is a social shopping game where players discover and share the latest fashion from real-world online and offline retailers. It's gained a lot of traction since it's launch last October, especially amongst women and we've heard on the grapevine that it was piquing the interest of investors for some months since emerging from the European Seed accelerator HackFWD. Today that intense interest has been confirmed with a first round of funding led by top tier venture firms Accel Partners and NEA (one of the key investors in Groupon) to enable it to build out engineering and expand into new cities other than London. With NEA co-leading the investment, clearly there is a big opportunity to scale in US cities and elsewhere. The investment is based on a convertible note not equity, which is standard practise when investors want in fast and the round is hotly contested.
logo (1)
Fantasy Shopper is a social shopping game where players discover and share the latest fashion from real-world online and offline retailers. It's gained a lot of traction since it's launch last October, especially amongst women and we've heard on the grapevine that it was piquing the interest of investors for some months since emerging from the European Seed accelerator HackFWD. Today that intense interest has been confirmed with a first round of funding led by top tier venture firms Accel Partners and NEA (one of the key investors in Groupon) to enable it to build out engineering and expand into new cities other than London. With NEA co-leading the investment, clearly there is a big opportunity to scale in US cities and elsewhere. The investment is based on a convertible note not equity, which is standard practise when investors want in fast and the round is hotly contested.
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