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Market Analysis & Industry News

The EU passed legislation in 2009 that requires websites to ask user permission before storing any user data on cookies or other client side storage (local browser database). The UK is required to begin enforcing the law this year. link

Google’s Android won a unanimous victory against Oracle, clearing the mobile giant of any wrong doing in the use of Java code as part of Android source code. link

Product Releases

Facebook released a new stand-alone camera application that is meant to replace the iOS camera app. The application was well received. It is unclear how FB Camera will impact Instagram. link

Salesforce announces chat and video screen sharing will be integrated into Chatter/Salesforce by Q3 2012. The company is looking to compete with Microsoft’s integration of Skype into Outlook. link

Nvidia announced a $199 Android tablet powered by the Kal El that it will sell to its client base as a quick way of getting a vertically integrated tablet/service to market. link

Company Announcements

PayPal continues its move into points-of-sale. The company has negotiated agreements with the top 3 terminal makers and now has access to 40M terminals at which PayPal users can elect to pay with their account.  link

The five largest cable companies in the US, TimeWarner, Cox, BrightHouse and Comcast, are unifying their Wifi services to compete with mobile hotspots and Wifi systems offered by Verizon and ATT. Customers of these cable companies will be able to use any WiFi hotspots in the network as part of their existing internet plan.  link

Hertz announced a move into car sharing after observing Zipcar’s investment in Wheelz. link

The Android Store, aka Google Play, has introduced subscriptions.  link

Belly, a loyalty application for local businesses, announced 1M check ins. link

Liquidity

SAP will acquire Ariba for $4.5B  link

Seagate agrees to acquire LaCie for at least $186M. link

Oracle buys social marketing startup Vitrue for $300M. link

Bazaarvoice has acquired PowerReviews for $151M. link

Financings

Q1 saw the most tech IPOs in four years, but funding amounts are down (exclusive)|Q1 saw the most tech IPOs in four years, but funding amounts are down (exclusive) | VentureBeat link

Company Description Investment Investors
Firebase Firebase provides a data storage layer for NodeJS. 1.1 Greylock Partners; New Enterprise Associates; Flybridge Capital Partners; Founder Collective
StyleSaint, Inc. StyleSaint, Inc. owns and operates an online community which features apparel and accessories for online fashion consumers. 1.5 General Catalyst Partners; Andreessen Horowitz; Crosscut Ventures Management, LLC
MakeDirect MakeDirect sells furniture at wholesale prices. 2.0 Draper Fisher Jurvetson; VinaCapital Investment Management
Precog Precog operates a platform as a service for machine learning. 2.0 Resonant Venture Partners; RTP Ventures
DotLoop, LLC DotLoop, LLC provides an online collaborative transaction environment for the real estate industry. 7.0 Trinity Ventures
Yottaa, Inc. Yottaa, Inc., a cloud computing company, provides Web performance optimization (WPO) solutions worldwide. 9.0 General Catalyst Partners; Stata Venture Partners, Inc.; Cambridge West Ventures; Boston Seed Capital LLC
AccelOps, Inc. AccelOps, Inc. provides integrated data center and cloud service monitoring software solutions to enterprises and service providers.ware platform. 15.0 U.S. Venture Partners
Ninian Solutions Ltd. Ninian Solutions Ltd., trading as Huddle, provides online collaboration, live conferencing, project management software, and document sharing solutions for users and businesses in the United Kingdom and internationally. 24.0 Matrix Partners; Eden Ventures (UK) Ltd.; JAFCO Ventures; DAG Ventures, LLC
Zebit Ltd Zebit offers consumers small loans. 25.0 Mohr Davidow Ventures; CrossLink Capital, Inc.; Leapfrog Ventures; QED Investors LLC
Airtime Airtime offers a live video site that allows users real-time sharing and communication to post videos and react to them live. Airtime was formerly known as supyo, Inc. 25.0 Kleiner, Perkins, Caufield & Byers; Accel Partners Management LLP; Google Ventures; Andreessen Horowitz; The Social+Capital Partnership
SumAll Inc. SumAll Inc. operates sumall.com, a Website that allows businesses to take control of their own data. General Catalyst Partners; MTX Ventures
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