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Market Analysis & Industry News

Android reached 50.8% US smart phone market share in April, growing by 2.2 percentage points while iOS grew to 31.4%, adding 1.4 percentage points. All other operating systems declined in share. RIM fell by 3.6 percentage points. link

Andy Rubin tweeted Android is activating 900,000 devices daily up 500,000 one year ago. link

Flurry reports 70% of new mobile applications are developed for iOS where developers earn 4x more on average than Android. link

Internet advertising grew 15% y/y reaching $8.4B in Q1 2012, a new high water mark. link

Product Releases

Airitime launched a Facebook connected video chat service, a descendant of ChatRoulette to the public last week. link

FourSquare released an updated product that focuses on communication among users, user and location discover, rather deprioritizing location check-ins. link

Boxee launches Cloudee, a private video sharing service for friends and family. link

Microsoft Israel released On{x} a protocol to remotely control Android devices over the web. link

AdMob has enabled ads for mobile app installs on the Google Content Network, entering the mobile app cost-per-install market.  link

Company Announcements

Facebook has launched its app store for iOS, Android and HTML5 apps. Called AppCenter, the app store has 600 apps at launch. Users access AppCenter via mobile apps and the web site.  link

Dick Costolo, CEO of Twitter, said last week that daily mobile revenues exceed web revenues in many cases in the last quarter.  link

Asus will deploy Bluestacks’ Android emulation technology to 30M computers this year. link

Square credit card readers now being sold at Walgreens, FedEx Office, and Stapleslink

Kobo, the mobile reader acquired by Rakuten last year, announced 400% y/y download growth and 160% y/y device sales growth. link

Twilio has announced 100,000 developers are using the Twilio telephony APIs link

Intuit’s mobile payment solution, GoPayment, is now directly integrated into Quickbooks. link

Liquidity

WellPoint buys online retailer of contact lenses 1-800 CONTACTS for $900m link

Google has acquired Meebo for an undisclosed amount. The existing products will be shut down as the team is refocused on Google+. link

Qualys has filed for a $100M IPO on $78M of trailing 12 months revenues and $2M in profits.  link

Financings

Company Description Investment Investors
RingADoc.com RingaDoc operates an online doctor consultation business. 0.75 The Founders Fund
Flutter Flutter enables users to control their computer using hand gestures. 1.4 New Enterprise Associates; Andreessen Horowitz; Spring Ventures, LLC; SV Angel
Smarterer, Inc. Smarterer, Inc. operates an online platform which scores individuals on digital, social, and technical skill sets 1.75 True Ventures; Google Ventures
Wanelo, Inc. Wanelo, Inc. operates a Website for bookmarking and sharing favorite products. 2.0 First Round Capital; FLOODGATE; Forerunner Ventures
Shoes of Prey Pty Ltd 3.0 CrunchFund
Threadflip, Inc. Threadflip, Inc. operates an online social marketplace for buying and selling fashion products worldwide. 6.5 Greylock Partners; Shasta Ventures; First Round Capital; Baseline Ventures; Andreessen Horowitz; Lowercase Capital; Forerunner Ventures
Loose Cubes, Inc. Loose Cubes, Inc. operates an online community marketplace for workspace. 7.8 Accel Management Co, Inc.; Battery Ventures; New Enterprise Associates; Revolution Ventures
MapMyFITNESS, Inc. MapMyFITNESS, Inc. operates a suite of social networking websites that provide source for community-based fitness content, tools, calculators, and mapping technologies. 9.0 Austin Ventures; Milestone Venture Partners; Competitor Group, Inc.; The Running Specialty Group, LLC
Magnetic Corporation Magnetic Corporation provides Web design and Internet marketing services. Its Web design services include custom, e-commerce, Intranet, and mobile Web design services. 10.0 Charles River Ventures; Edison Venture Fund; New York City Investment Fund Manager, Inc.; NYC Seed; IA Capital Partners; Neu Venture Capital
Nexage, Inc. Nexage, Inc. provides mobile advertising solutions to media content publishers and developers. 10.0 GrandBanks Capital Inc.; Relay Ventures; SingTel Innov8 Ventures Pte. Ltd.
SCVNGR, Inc. SCVNGR, Inc. operates a location based mobile game platform for individuals and enterprises. 12.0 Highland Capital Partners; Continental Advisors, LLC; Balderton Capital; Transmedia Capital LLC; Google Ventures
Clarizen, Inc. Clarizen, Inc. provides online project management software for businesses. 12.0 Benchmark Capital; Carmel Ventures; Opus Capital; DAG Ventures, LLC; Vintage Capital Management, LLC
Cartera Commerce, Inc. Cartera Commerce, Inc. provides online malls and loyalty shopping solutions for merchants in the United States and internationally. 12.2 The Venture Capital Fund of New England; Comvest Investment Partners; Flybridge Capital Partners; LBO Enterprises; Dace Ventures
IndieGoGo Inc. IndieGoGo Inc. operates as an online social marketplace for connecting filmmakers and fans to make independent films in the United States and internationally. 15.0 Insight Venture Partners; Khosla Ventures; MHS Capital Partners; Metamorphic Ventures; ff Venture Capital
WP Technology Inc. WP Technology Inc. operates as an ebook community for readers and writers to discover, share, and connect 17.3 Union Square Ventures; Khosla Ventures; Golden Venture Partners, Inc.
Gemvara Inc. Gemvara Inc. operates a Web-based virtual marketplace for selling made-to-order jewelry to small and midsize jewelers 25.0 Canaan Partners; Highland Capital Partners; Norwest Venture Partners; Balderton Capital
PubMatic, Inc. PubMatic, Inc., a media technology company, provides an integrated inventory, data, and advertising revenue optimization platform for digital publishers. 45.0 August Capital; Draper Fisher Jurvetson; Nexus Venture Partners; Helion Venture Partners; SVB Silicon Valley Bank, Investment Arm
Donuts Inc. Donuts Inc. provides domain name registry services. The company launches top-level domains. 100.0 Austin Ventures; Adams Street Partners, LLC; Generation Partners; TL Ventures; Emergence Capital Partners
Surf Airlines Inc. Surf Airlines Inc. offers private airline services. It offers services through private airline memberships. Anthem Venture Partners; New Enterprise Associates; Siemer Ventures; TriplePoint Ventures
Explorys, Inc. Explorys, Inc. provides cloud-computing platform solutions. It offers Population Explorer, which provides scale, speed, and insight that creates new opportunities for healthcare providers; and insight for life sciences organizations to understand treatment protocols, usage, and outcomes of their products. Austin Ventures; Foundation Medical Partners; Santé Ventures, LLC; Heritage Group, LLC
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