FBI Director Robert Mueller declared cyber-crime and hacking to be a greater threat to the US than conventional terrorists at the RSA conference last week.
LivingSocial will launch a credit card that will allow customers to accumulate LivingSocial branded rewards as they shop at local merchants.
Branchout, a social recruiting site built atop Facebook, grew from 1M to 5.5M MAU in 2 months.
Fewer than 1M Google TVs are in use according to Xyologic.
Yahoo is seeking royalties from Facebook for patent infringement. Yahoo has a history of using patents to rattle its sabers before IPOs having done the same with Google’s IPO.
850,000 Android handsets (+22% since December) are now activated daily and 250M have been deployed according to Google. Apple has sold about about 190M iPhones.
Facebook announced operator billing support for Facebook mobile enabled applications. Facebook has integrated with Bango, a publicly traded company that also has agreements with Amazon for mobile payments. Facebook drives 65M users each month to applications using its mobile API. This move is a likely predecessor to the release of a full mobile application distribution platform.
Square is processing $4B annually in payments, about half the size of PayPal’s mobile gross merchandise value.
Isis, the mobile payment joint venture driven by Verizon, ATT and TMobile, has announced Chase, Capital One and Barclays will be partners. Isis will launch to consumers in Q2’12.
The Apple iOS store recorded its 25th Billionth download. 50M apps are downloaded daily.
Samsung has sold 2M Galaxy Notes, devices with 5.3 inch screens initially ridiculed for their size. The company forecasts 10M in sales in 2012.
Sony’s PlayStation Vita, the mobile gaming console/phone, has sold 1.2M units since its launch in Japan one month ago and in the US last week.
The New York Taxi Commission has approved Square mobile phone payment readers for use in NYC taxi cabs.
FourSquare has switched from Google Maps to OpenStreetMap to power its maps. Separately, the company announced Naveen Selvadurai, co-founder, is leaving the company.
Alipay, Alibaba’s mobile payment service is adding 60,000 users per day and has reached 30M downloads. Revenue has increased 600% y/y though figures were not released.
Instagram reaches 25M users.
Yelp’s IPO was very successful. Shares appreciated by 63% from open and the company is trading at a $1.5B market cap.
Dropbox has acquired Cove, founded by two early Facebook employees including Aditya Agarwal for an undisclosed amount.
GroupOn has acquired travel search company UpTake for an undisclosed amount.
Vocus, a publicly traded SaaS marketing company, acquired iContact, an email marketing company, for $169M.
Charles River Ventures has raised a $375M early stage fund.
|Plyfe||Plyfe builds gamification products for social networks.||1.0||General Catalyst Partners; Initial Capital; BHV VC, LLC|
|Tello, Inc.||Tello, Inc. provides online mobile and social applications that help companies to improve their customer service.||2.7||True Ventures; Bullpen Capital|
|Karma Science, Inc.||Karma Science, Inc. provides a platform that allows person-to-person gifts of products or services via mobile devices.||4.5||Kleiner, Perkins, Caufield & Byers; Sequoia Capital; Obvious Corp.; Felicis Ventures LLC|
|ForgeRock AS||ForgeRock AS provides open source platform solutions for IT infrastructure applications.||7.0||Accel Management Co, Inc.|
|SugarSync, Inc.||SugarSync, Inc. provides mobile cloud services that enable users to access their data from various devices.||15.0||Draper Fisher Jurvetson; Hatteras Venture Partners; Hercules Technology Growth Capital, Inc. (NasdaqGS:HTGC); Coral Group|
|Eye-Fi, Inc.||Eye-Fi, Inc. develops wireless memory cards to download and organize photos automatically from digital cameras to online, in-home, and retail destinations.||20.0||NTT DOCOMO, Inc. (TSE:9437); Shasta Ventures; Opus Capital; TransLink Capital|
|SCVNGR, Inc.||SCVNGR, Inc. operates a location based mobile game platform for individuals and enterprises.||20.8||Highland Capital Partners; Balderton Capital; Google Ventures|
|Yammer, Inc.||Yammer, Inc. owns and operates enterprise social networking portals.||85.0||Charles River Ventures; Draper Fisher Jurvetson; MeriTech Capital Partners; U.S. Venture Partners; Emergence Capital Partners; Capricorn Investment Group LLC; The Founders Fund; Khosla Ventures; The Social+Capital Partnership; CrunchFund|
|Baby.com.br||Baby.com.br owns and operates an e-commerce website through which it sells baby products such as toys, strollers, diapers, furniture, and clothing.||–||Accel Management Co, Inc.|