Apple held its developer conference last week and announced:


  • 54M active Mac users (28% y/y growth); 72% are notebooks
  • 200M iOS devices sold to date
  • 25M iPads sold in 14 months or 117,000 per day
  • The Mac App Store is now the largest channel for Mac software, not big box retailers.
  • 130M iBooks have been downloaded; 15B songs; 14B apps and $2.5B in app developer royalties
  • 225M iTunes accounts with credit cards
Desktop OS
  • Lion, the newest version of the desktop OS, will cost $29 and be distributed, for the first time, through the Mac App Store
  • Lion will include AirDrop, a local network file sharing and file versioning system and ReadingList, a clean reading experience similar to Instapaper.
Mobile OS
  • Over the air setup and updates. No PC required.
  • The NewsRack, a place to hold downloaded magazines with background downloading.
  •  Twitter social integration for Single Sign On, photo sharing
  • Tabbed browsing in Safari
  • iMessage, a BlackBerry Messenger like app for users of iOS.
  • Sales of subscriptions outside the app store is permitted provided the app maker does not include a link in the app to external transaction methods.
  • Web storage for Mail, Contacts, Calendar, Pages, and Keynote with seamless synchronization across devices with 5GB for free
  • Mobile device backup including apps, movies, books, documents, photos and data. Easy restore if a device should be lost.
  • iTunes match, a $25 per year service, to move your music library to the cloud. Local music is fingerprinted and then can be played on any device.

Citi forecasts 10% of Amazon revenue in 2011 will be Kindle related: 17.5M devices sold and 301M books.

Facebook launches facial recognition for photos to simplify friend tagging. The EU is investigating whether the feature violates European privacy law.

Nintendo demonstrated its new console, called the Wii U, with a touchscreen enabled controller.

Sony introduced the PSP successor, the Vita, enabled with 3G or Wifi.

Evernote announces 10M members and 425,000 paying members (roughly $19M runrate). Paying users have doubled in the past six months.

The FT released an HTML5 web app with subscriptions to skirt the Apple subscription tax.

eMarketer forecasts a 52% increase in online video ads, reaching $2.2B in 2011, reaching 7% of total online media spend.

Salesforce has acquired data.com domain name for $1.5M.


WildTangent is releasing an Android game rental service later this year with TMobile and other large partners. WildTangent has a community of 100M gamers.

InfinityBlade announced $10M in revenue for their first person sword playing game.

Storm8 and Gameloft independently announced 200M cumulative downloads each on Android and iPhone.

Nokia’s CTO Rich Green takes leave of absence from the company.


CafePress, a customized goods maker, has filed for an IPO with $128M in revenue and $2.7M in profit. The company generated $103M in 2009 and $120M in 2008. Average order size has remained constant at $47.

Pandora has increased its IPO from $142M to $203M at an approximate $1.9B valuation. The company generated $51M in Q1’11, up from $30M in Q1’10.

Fusion IPO had a successful IPO reaching $25 per share in trading and a market cap of $1.9B. The company generated $36.2M in 2010 revenue with a loss of $31.7M. 2011 revenue is forecasted to reach $136M with a loss of $13M.

Google is rumored to be acquiring publisher ad optimization firm AdMeld for $400M.

Aramark sells $50M position in SeamlessWeb to SpectrumEquity. SeamlessWeb will generate $400M in transactions in 2011.

eBay will acquire the remainder of marketing platform Magento. GSI commerce, which eBay acquired earlier in 2011, held some ownership in Magento.

Visa acquires Fundamo, a mobile financial services provider based in South Africa, for $110M.

RIM acquires gaming social network ScoreLoop.


LearnVest, a women’s financial portal, raises a $12M Series B.

Ocuspec, makers of a low cost Kinect, raises $1.3M from AH.

YapStone, a rental payment service for renters, raises $50M from Accel and Meritech.

Prosper, a peer-to-peer lending company, raises $17M from DFJ.

Rally Software, an application lifecycle management company, raises $20M from Meritech.

ServiceMax, a SaaS provider of field service management software, raises $14M from Mayfield.

MovieClips, a service to curate video and audio clips from movies, raises $6M.

Room77, a hotel room search engine, raises $10.5M from General Catalyst.

J. Hilburn, a custom men’s clothier, raises $5M from Bridgescale Partners.

Virsto, a virtualized storage company, raises $12M from InterWest.

SeaMicro, makers of low power servers, raises $20M from CrossLink and Khosla.

eWise, a security payments vendor, raises $14M from Wellington.

Authentic8, a web security firm founded by the executive team of Postini, raises a round from Foundry Group.

Violin Memory, a flash memory maker, raises $40M at $400M pre-money from Juniper, Toshiba and others. The company has raised $150M in equity and $100M in debt.

Taykey, a CPI ad network, raises an $8M Series B from Sequoia.

Advance Medical, a Brazilian medical device company, raises $6M from Venrock.

Coupons.com raises $200M at a $1B valuation to expand. $100M of the round will be secondary share purchase.