Akamai released its State of the Internet report:

  • The average monthly 3G traffic is the highest for laptops (1-7 GB), followed by tablets (250-800 MB) and smartphones (80-600 MB)
  • Online video (30–40 percent) is the largest contributor to mobile traffic volume, followed by Web browsing (20–30 percent).
  • Tablet traffic patterns over 3G mobile networks are much closer to smartphone traffic patterns than to laptop traffic patterns.

Apple is selling 500,000 Apple TVs per quarter. Meanwhile, GoogleTV struggles as more than 50% of purchased Google TVs were returned according to Logitech.

Walmart is offering streaming service through Vudu with a library of 20,000 titles.

Netflix reported 75% of new customers are streaming only customers. The company has faced criticism for recent price increases for DVD plans.

LinkedIn launched the Apply with LinkedIn button that enables job seekers to apply for jobs and ask for references using a LinkedIn resume and connections. has just announced a Web plug-in that lets employers add a one-click “Apply with LinkedIn” button to job postings.

A guest vandalized an apartment rented on AirBnB, raising questions of trust, safety and the role of insurance.

Hitwise reported Google Plus traffic fell 3% week/week.

Google released Google Hotel Finder, a map-based search engine for hotel room booking.

Google open sources LevelDB a key value pair store for embedding in applications to compete with SQLite, InnoDB and Bitcask.


Flurry has released mobile app purchasing data indicating 13% of in-app purchase transactions generate 51% of revenues. Also, freemium games generate 65% of total revenues on the iOS app store.

Samsung has sold 5M units of its new flagship Android smartphone, the Galaxy S II, 85 days after launching in Asia and Europe in April.

YouTube consumers 22% of mobile bandwidth up from 17% last year, according to Allot Communications, an NMS vendor.

GetJar announced 2B cumulative app downloads across 150,000 apps.

DeNA and ngMoco:) released Mobage last week, the English version of the massively successful virtual world and gaming portal, MobageTown.

FourSquare has incorporated GroupOn deals into its mobile app, through a feed called GroupOn Now.

RIM announced it would reduce its work force by 2,000 or 11%.


HTC announced revenues of $4.3B (+174%) and net income of $607M (+103%). Smart phone shipments rose 123% to 12.2M, 4.5M less than Nokia at 16.7M, and 8.1M less than Apple.

Amazon announced revenues of $9.9B (+51%) and net income of $191M (-5%).

Sony announced revenues of $$19.2 (-10%) and a net loss of $191M. The PC, mobile and gaming division of the company saw an 18% drop in sales and 94% drop in net revenues driven by falling LCD TV and camera prices.


Company Description Invested in $M Investors
Visual Revenue
Visual Revenue provides solutions for landing page optimization of content sites. 0.51 NYC Seed; SV Angel; Kima Ventures; Lerer
LucidChart, LLC LucidChart, LLC provides online diagram and flowchart software solutions. 1 2M Companies, Inc.; K9 Ventures; 500 Startups
TribeHR Corp. TribeHR offers applicant tracking systems as a
1.06 Matrix Partners
ThinkNear ThinkNear offers a service that drives customers to local merchants when business is slow by blasting people nearby with coupons. 1.6 QUALCOMM Ventures; Zelkova Ventures; Google
Ventures; Metamorphic Ventures; ff Asset Management LLC.; IA Ventures;
BOLDstart Ventures; Real Ventures
Nodeable Nodable is Twitter for machine to machine communication. 2 True Ventures
Azumio Azumio builds mobile health applications including mobile pulse measurement. 2.5 Accel Management Co, Inc.; The Founders Fund;
Felicis Ventures LLC
Vringo, Inc. (AMEX:VRNG) Vringo offers a Video Ringtone Service platform, which allows users to create, download, and share mobile video entertainment content in the form of video ringtones for mobile phones. 2.5 Benchmark Capital; DAG Ventures, LLC
Ahalife Holdings
Ahalife operates a curated ecommerce website targeted to high-end consumers. 6 FirstMark Capital, L.L.C.; DCM
Fab.com, Inc. Fab.com, Inc. operates an online flash sales site and social community that features daily design inspirations and flash sales. 8 Menlo Ventures; Baroda Ventures LLC;
Washington Post Company Investments, Investment Arm; First Round Capital;
SoftTech VC; Zelkova Ventures; SV Angel; Grade-A Investments
Varolii Corporation Varolii Corporation offers automated communications, such as flight cancellation notices, fraud detection alerts, outage notifications, customer surveys, medication adherence notifications, payment reminders, and emergency alerts over the phone through text messaging, fax, or email. 8 Draper Fisher Jurvetson; Institutional Venture
Partners; InterWest Partners; BlueRun Ventures
Taulia Inc. Taulia Inc. provides dynamic discounting and self-service vendor portal solutions. 8.5 Matrix Partners; Trinity Ventures; DAG
Ventures, LLC
Quid, Inc. Quid, Inc. designs and develops decision making optimization solutions 10 Infocomm Investments Pte Ltd.; The Founders
Fund; Atomico Investment Holdings Limited; Endeavour Vision SA; SV Angel
Yext, Inc. Yext, Inc. provides information about various products and services offered by businesses engaged in auto and auto glass repair, car service, eye care, podiatrists, chiropractors, gyms, tanning, stone shops, TV repair, vets, and yoga. 10 Institutional Venture Partners; Sutter Hill
Ventures; SV Angel; WGI Group
Cloud Bees, Inc. Cloud Bees, Inc. provides Java Platform as a Service (PaaS) for enterprises and ISVs. 10.5 Matrix Partners; Lightspeed Venture Partners
Strava, Inc. Strava, Inc. develops Web applications for
12.6 Sigma Partners; Madrone Capital Partners
Hearsay Labs, Inc. Hearsay Labs, Inc. offers social media platform for businesses with local branches and representatives to manage and deploy content, compliance, monitoring and analytics across brand and local social media presences including Facebook Pages and Profiles, LinkedIn profiles and Twitter accounts. 18 New Enterprise Associates; Sequoia Capital
Plexxi Inc. Plexxi is building next-generation networking equipment. 20 Matrix Partners; North Bridge Venture
Partners; Lightspeed Venture Partners
Jasper Infotech
Pvt. Ltd.
Jasper Infotech Pvt. Ltd., a marketing company, provides multi-channel direct marketing solutions to clients in consumer products, financial services, technology and telecom, consumer durables, and retail industries in India. 40 Bessemer Venture Partners; Nexus Venture
Partners; IndoUS Venture Partners
Nebula, Inc. Nebula offers Open-Stack based appliances for managing cloud deployments. Highland Capital Partners; Kleiner, Perkins,
Caufield & Byers
RedKite Financial
Markets Ltd.
RedKite Financial Markets Ltd. provides independent markets surveillance solutions. DFJ Esprit LLP