There's a little battle forming up in a new mobile app segment: the graffiti app. The idea with these apps, of which Catarina Fake's Pinwheel is one, is that when you go to a location, you mark that you've been there and then maybe leave a note or a photo. Later, when your friends (or maybe not your friends) show up at the location or nearby it, they can see what you said and add their own comments.
People looking for signs of a slowdown in tech funding could find ample evidence in the data for the first quarter. CB Insights, which tracks investments of venture capital firms and some big angel investors, reports that VCs plowed $5.9 billion into startups in Q1 -- a 22 percent drop from the last quarter of 2011 and the lowest amount since the second quarter of 2010.
But not so fast. That's not the sound of a bubble popping. Deal volume was huge in the first quarter, and lack of any mega-deals dampened the sheer dollar amount. (Yammer, the … Read more
The hot mobile startup Path said today it raised more than $30 million from a roster of well-known investors, including Richard Branson, Facebook backer Yuri Milner, and Zynga founder and CEO Mark Pincus. The round was led by venture firm Redpoint Ventures.
It's a lot of money for the mobile social network, although earlier reports put the amount raised at $40 million.
Dave Morin, who co-created the Facebook Platform, said in a statement that Path would use the money to help with "international growth and expansion as well as user adoption." Currently, Path claims 2 million users. … Read more
Now we know why Facebook didn't build a good mobile app. It didn't have to. It could afford to pay $1 billion for a 14-person company, Instagram, that managed to figure out the secret sauce for winning over smartphone picture-takers. So, clearly, Path is next, right?
Not exactly. Path has a lot going for it, but it's lacking some key elements. It's a valuable company, but arguably over-valued given its recent funding news: A $40 million funding round from Redpoint Ventures (source: AllThingsD). Update 5:24 p.m.: Path said it has raised $30 million in … Read more
Path, the popular photo-sharing social network, is about to announce it has closed a $40 million round of funding that values the San Francisco startup at $250 million, according to sources who spoke to All Things D. Update 5:24 p.m.: Path said it has raised $30 million in a funding round.
The report, which came out late last night, said that the new round was led by Redpoint Ventures and could be announced as early as today.
The company, which was founded by Dave Morin, who co-created the Facebook Platform, and Shawn Fanning, the co-founder of Napster, has … Read more
Facebook is amping up its mobile efforts, this time around commerce.
Facebook today bought a San Francisco-based startup called TagTile, a mobile-based customer loyalty business. Like Square, TagTile provides merchants with a free hardware device (see the white cube in the photo) for customers to tap on with their phone when they checkout. That, combined with the app, lets stores run coupon programs and offer loyalty rewards.
Editors' note: This is a guest column by Mobify CEO Igor Falestki, whose bio is below.
The new iPad hit the shelves on March 16, flew off the shelves, and these shiny new devices are now in the hands of more than 3 million people.
If you somehow missed all the hype, the new iPad features a huge jump in screen resolution with the Retina display. Packing in four times the number of pixels in iPad 2 (and a million times more than an HDTV), the Retina display gives end users an unbelievable visual experience.
Yet what feels like beautifully … Read more
Yammer is expanding its repertoire of file-sharing and collaboration services for businesses with the acquisition of OneDrum.
The U.K.-based startup brings even more social-minded work tools to the enterprise social network. OneDrum has developed a peer-to-peer desktop application that connects Google Docs with Microsoft Office (Word, Excel and PowerPoint), enabling users to be able to collaborate, co-edit and share these documents in real time.
Thus, Yammer will be able to boost its own real-time document editor feature, Pages, with desktop sync capabilities, enabling file folders to be shared across multiple users' desktops. Furthermore, new versions and changes to … Read more
Has Techmeme met its match? Or Flipboard? New semantic news analysis company Wavii is launching its automated, personalized news "feed" app today. It's a more modern and more pretty, deconstruction of the overwhelming news barrage we're all buried under. Wavii CEO Adrian Aoun's pitch: "Facebook is good for keeping up with friends, but it's kind of annoying that you can't keep up with your world this way."
Wavii is a smart timeline of the news. Its core value is that it runs its semantic engine against several hundred news feeds and … Read more
SUNNYVALE, Calif.--It's nearly 10 a.m. in the City Council chambers here, and 43 people are waiting for their turn to speak.
These are not citizens with civic matters on their minds; divided into two lines that stretch out from either side of the podium in the center of the room, these veterans of Google, Cisco, NASA, Hewlett-Packard, Yahoo, Microsoft, Boeing, Sun, and others, are here looking for a new lease on their professional lives.
One by one, they lean into the microphone to introduce themselves. They mention where they've worked in the past, list their skills, … Read more