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Facebook released a dramatic update at f8 last week. The company released Timeline, a new form of user profile, that creates a timeline of a user’s content on the service. Application updates are moved to a real time box called the Ticker. Additionally, Facebook announced partnerships with a number of video and music providers who will update the Ticker with content a user is consuming. Lastly, the company announced 500M peak concurrent users.

HP fired Leo Apotheker after 10 months as CEO and hired Meg Whitman to replace him.

Dish Network released Blockbuster Movie Pass, a $10/month streaming service delivered to Dish Subscribers with 3,000 streaming movies and 100,000 delivered by mail in DVD format.

GroupOn COO Margo Georgiadis leaves the company after six months. She replaced Rob Solomon, who held the role for 10 months. The company restated revenues in an updated S-1. H12011 revenues now are reported at $688M, compared to $1.5B using the previous ACSOI accounting method.

Spotify announced 2M paying subscribers implying a $200M run rate.

Hulu announced 1M paying subscribers, about $96M run rate.

Comscore released research indicating video ads reach 50% of the US. Each of whom sees view 38 ads per month. 13% of all videos viewed are ads totaling 1.3% of the minutes watched.

Mobile

Distimo released a data indicating 72% of iOS mobile app revenue is in app purchase generated by fewer than 4% of apps.

Samsung has sold 10M Galaxy S IIs in 6 months. iPhones outsell Galaxy IIs at a ratio of 4:1.

PayPal announced $300M in monthly mobile transaction volume. The company forecasts a 400% annual increase in mobile payment volume to $3B in 2011.

HTC has partnered with Dropbox to offer 5GB free to phone users.

Google signed a distribution deal with Visa allowing Google to use the Visa payment network for NFC enabled purchases.

FourSquare announces 1B cumulative checkins, about 100 per user.

Liquidity

Salesforce acquires help desk SaaS provider, Assistly, for $50M.

Twitter acquired social search startup Julpan, founded by Ori Allon.

Rearden Commerce acquires daily deals provider, HomeRun.

Glam acquires Ning for $150M.

Financings

Company Description Investment in $M Investor
Bitcasa, Inc. Bitcasa, Inc. provides online storage service that turns hard drive into a cloud server with infinite space. 1.3 Pelion Venture Partners; First Round Capital; Andreessen Horowitz; CrunchFund
Klip, Inc. Klip, Inc. develops application for mobile phones enabling users to share videos with friends. 2.0 Matrix Partners
FirstFuel Software 2.4 Battery Ventures; Nth Power LLC
Top10.Com Media Ltd Top10.Com Media Ltd. operates a comparison Website for broadband, mobile phones, mobile broadband, laptop, and SIM only deals. 3.5 Accel Management Co, Inc.; Idealab; Founder Collective; Forward Venture Partners
Dashlane 5.0 FirstMark Capital, L.L.C.; Rho Capital Partners, Inc.
88Volts, Inc. 88Volts, Inc. develops Web-enabled video monitoring solutions. 5.8 Accel Management Co, Inc.
Zimride, Inc. Zimride, Inc. provides Web-based rideshare service that helps organizations to establish private social networks for ridesharing. 6.0 Mayfield Fund; FLOODGATE; K9 Ventures
Practice Fusion, Inc. Practice Fusion, Inc. offers a web-based electronic health record system to physicians. 6.0 Glynn Capital Management; Morgenthaler; Western Technology Investment; The Founders Fund; SV Angel
CrowdTwist, Inc. CrowdTwist, Inc. develops loyalty software solutions for fan clubs. 6.0 SoftBank Capital; Bertelsmann Digital Media Investments; Fairhaven Capital Partners, LLC; Kirshenbaum Bond Senecal + Partners Ventures
Silicon Alley Insider, Inc. Silicon Alley Insider, Inc. publishes Business Insider, an online business news site for the digital age. 7.0 Institutional Venture Partners; RRE Ventures LLC; Allen & Company LLC, Investment Arm
Sailthru, Inc. Sailthru, Inc., an ESP, provides behavioral tracking and content selection services for individuals. 8.0 RRE Ventures LLC; Draper Fisher Jurvetson Gotham Ventures; Pilot Group, LLC; Metamorphic Ventures; Hatteras Funds; Lerer Ventures; Thrive Capital
Mintigo Ltd. Mintigo Ltd. develops social biometrics to analyze consumer behavior. 9.0 Sequoia Capital; Giza Venture Capital
ActivePath, Inc. ActivePath, Inc. provides email banking solutions. It offers ActiveMail, an email banking system. 10.0 Battery Ventures; GIMV NV (ENXTBR:GIMB); Genesis Partners Ltd.
DataStax DataStax provides software, support, and training for Apache Cassandra, an open source database developed through the combination of Amazon and Google technology. 11.0 CrossLink Capital, Inc.; Lightspeed Venture Partners
Krux Digital, Inc. Krux Digital, Inc. offers cloud-based solutions for capturing, protecting, connecting, and monetizing data signatures across multiples devices, sources, and formats for consumers, advertisers, and Web publishers. 11.0 Accel Management Co, Inc.; IDG Ventures
Visible Measures Corporation Visible Measures Corporation offers measurement solutions for internet video publishers, viral marketing professionals, and advertisers. 13.0 Mohr Davidow Ventures; Advance Publications, Inc.; General Catalyst Partners; Northgate Capital Group, L.L.C.; DAG Ventures, LLC
ArcSoft Inc. ArcSoft, Inc. develops digital multimedia software solutions and imaging technologies for device manufacturers in the United States and internationally. 20.0 Intel Capital; Tudor Ventures
adSage adSage provides online advertising software and services for advertisers worldwide. 20.0 SIG Asia Investments, LLLP; Meridian Capital (SG) Ltd
Vidyo, Inc. Vidyo, Inc. provides Internet based video conference solutions. 22.5 Menlo Ventures; Rho Capital Partners, Inc.; Star Ventures Management GmbH; QuestMark Partners; The Four Rivers Group
TechStars, LLC TechStars, LLC is a venture capital firm specializing in incubation and seed funding for only ten startup companies each summer. 24.0 RRE Ventures LLC; SVB Financial Group (NasdaqGS:SIVB); Avalon Ventures; SoftBank Capital; Draper Fisher Jurvetson Mercury Venture Partners, L.P.; Foundry Group; IA Ventures; Right Side Capital Management, LLC
JustFabulous JustFabulous operates a subscription ecommerce shoe company. 33.0 Matrix Partners; Technology Crossover Ventures
Lookout Flexilis, Inc. provides solutions to protect mobile phones from viruses, hackers, loss, and theft. 40.0 Accel Management Co, Inc.; Index Ventures; Khosla Ventures; Andreessen Horowitz
GrubHub, Inc. GrubHub, Inc. owns and operates a portal that offers local restaurant information services. The portal offers restaurant menus, coupons, ratings, delivery time information, and reviews to diners. GrubHub, Inc. was founded in 2004 and is based in Chicago, Illinois. 50.0 Benchmark Capital; Mesirow Financial Private Equity; Lightspeed Venture Partners; Greenspring Associates, Inc.; DAG Ventures, LLC
Rearden Commerce, Inc. Rearden Commerce, Inc. designs and develops a Web-based tool that manages the everyday details of business and personal life. 133.0 JPMP Capital, LLC; American Express Company (NYSE:AXP)
Adchemy, Inc. Adchemy, Inc., operates as a digital marketing technology company. 61.0 August Capital; Mayfield Fund; Microsoft Corporation, Investment Arm
800APPs(Babaike)Software Technologies Co.,Ltd. 800APPs(Babaike)Software Technologies Co.,Ltd. operates as a software developer and application service provider for customer relationship management (CRM) solutions. Sierra Ventures; Salesforce.com (NYSE:CRM)
Credorax Inc. Credorax Inc. provides online credit card clearing services directly to merchants. The company is headquartered in Southborough, Massachusetts. Blumberg Capital
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