Twitter launched a new user interface last week with two goals in mind: (1) enabling brands to customize profiles and (2) simplifying Twitter for new user acquisition.

Google is adding Google Circles into GMail. Users will be able to address, search, and filter emails based on circles.

Microsoft sold 1.7M XBoxes and 750,000 Kinect sensors in November indicating tremendous customer demand despite the rumors the next generation XBox will be introduced in January 2012 at E3.

Netflix announced it will stream 1B hours in Q4. Separately, Machinima announced 1B monthly video views.

HP’s CEO, Meg Whitman, announced the company will open source Palm OS, the mobile operating system it acquired with Palm, Inc.

Evernote announced 20M users, up from 10M in June. Evernote has 8M MAU or 40%. The company reports that 30% of users who have been active for 40 months upgrade to paid.Evernote announced it is profitable on about 750,000 subscriptions (3.75% upgrade rate) or about $34M in subscription revenue. In effort to appeal to a broader base of users, Evernote launched two point applications: Hello, a networking application that stores images of a person, business card and relevant notes, and Food which allows users to record meals.

GroupOn released a calendar than enables GroupOn merchants to book appointments online during a deal offering.

JawBone has recalled all of its Up bracelets, devices that monitor pulse and other health signals, citing quality control challenges. All devices have been removed from store shelves.

Amazon announced a $6M fund to publish independent authors’ eBooks. The company is moving aggressively to promote self-publishing on digital platforms.

Starbucks mobile payment app has 3.6M customers who have recorded 26M mobile payments and $110M in payment volume or about $31 per customer, representing 5% of all loyalty card reloads.


Google announced 10B Android app downloads, up from 6B in July. Apple grew from 10B to 15B over the first six months of 2011, indicating Android store downloads is accelerating at least as quickly as iTunes app downloads.

Apple has lost a lawsuit to Motorola in Germany. The German court decided the iPad infringes on a Motorola patent, that could result in the ban of iPad sales. Apple is appealing. Separately, Apple lost a lawsuit in Australia that would have banned the sale of Samsung Android tablets. Also, Apple is rumored to have licensed several key patents to a patent aggregator, Digitude Innovations.

OnLive, the video game streaming company, released clients for iOS and Android, enabling mobile devices or tablets to stream console games. Users play these games with use of an XBox like controller.

Verizon announced that Google Wallet will not be supported on the Galaxy Nexus, likely because the payment mechanism competes with Verizon-backed Isis, a mobile payment solution created by a consortium of carriers.

Instagram announces 15M users up from 10M in October, indicating the company is adding about 65,000 users daily. FourSquare also announced 15M users up from 10M in June, adding about 35,000 users daily.

SocialCam, Justin.tv’s spinout project that offers social video sharing on a mobile phone, announced 3M downloads.

Flipboard announced 4.5M downloads. The product has averaged about 8,000 downloads per day since launch.

AngryBirds generates 10B monthly ad impressions, making it likely the largest mobile ad network.

HTC mobile phone sales plummeted 30% in November, facing strong competition from Samsung, Motorola and Apple.


Thoma Bravo, a San Francisco based private equity group, has acquired Blue Coat for $1.3B, a 50% premium over the public market close on Friday.

IBM acquired DemandTec, an ecommerce forecasting and merchandising company, for $440M.

NexTag has acquired ticketing startup FanSnap for an undisclosed amount.


Company Description Investment Investors
Iron.io, Inc. Iron.io builds cloud job scheduling and messaging systems. 1.4 Ignition Partners; St. Cloud Capital, LLC; Baseline Ventures; Citrix Systems, Investment Arm
Poshmark Inc. Poshmark Inc. offers mobile based software that enables customers to browse, buy, and sell clothes and accessories. 3.5 Mayfield Fund; Inventus Capital Partners; SoftTech VC; SV Angel
Framehawk, Inc. Framehawk, Inc. develops technology to link desktop applications to mobile devices. 11.0 Matrix Partners; Alsop Louie Partners; Correlation Ventures; Triangle Peak Partners. Inc.
HealthTap, Inc. HealthTap, Inc., a health and technology company, operates an online platform, providing personalized health information. 11.5 Mayfield Fund; Mohr Davidow Ventures; Innovation Endeavors
Martini Media Inc. Martini Media Inc. owns and operates a digital media platform for luxury and premium advertising clients 13.0 Venrock; Granite Ventures, LLC; Reed Elsevier Ventures; SVB Silicon Valley Bank, Investment Arm
Edmodo LLC Edmodo LLC operates a social learning network for teachers, students, schools, and districts of K12 education. 15.0 Benchmark Capital; Greylock Partners; Union Square Ventures; Learn Capital Venture Partners
Bill.com, Inc. Bill.com, Inc. operates as on-demand accounts payable and accounts receivable application to control day-to-day finances and cash flows for CPAs and small and midsized businesses, and accounting/bookkeeping firms. 15.5 August Capital; DCM; TTV Capital; Emergence Capital Partners; JAFCO Ventures; Citigroup Alternative Investments LLC
Twilio Inc. Twilio Inc. provides application programming interface (API) for voice communications. 17.0 Bessemer Venture Partners; Union Square Ventures; 500 Startups
Plum District, Inc. Plum District, Inc. operates a daily deal Website for moms and their families. 20.0 Kleiner, Perkins, Caufield & Byers; Comcast Ventures; General Catalyst Partners
Uber, Inc. Uber, Inc. provides on-demand car request services in San Francisco. 32.0 Benchmark Capital; Menlo Ventures; The Goldman Sachs Group, Inc. (NYSE:GS); Bezos Expeditions, LLC; Lowercase Capital
Fab.com, Inc. Fab.com, Inc. operates an online flash sales site and social community that features daily design inspirations and flash sales. 40.0 Menlo Ventures; Baroda Ventures LLC; First Round Capital; SoftTech VC; Andreessen Horowitz; Grade-A Investments
Klarna AB Klarna AB offers billing and payment solutions. The company also provides invoicing solutions. 155.0 General Atlantic LLC; Sequoia Capital; DST Global
Hungry Machine, Inc. Hungry Machine, Inc., doing business as LivingSocial.com, offers daily deals with discounts at local restaurants, bars, spas, and theaters in the United States and internationally. 400.0 J.P. Morgan Asset Management, Inc.