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Market Analysis & Industry News

Major League Gaming recorded 500k concurrent viewers at its last “televised” event, as professional video gaming continues to rise in popularity. CBS signed an agreement last year to sell advertising for all leagues outside Korea. link

eBook revenues reached $282M in the first 5 months of 2012, exceeding hardcover sales at $230M, for the first time, according to the American Association of Publishers’ survey.  link

25% of smart phone owners own a tablet, according to comScore, which implies 15% of the total US population, according to comScore.  link

The Department of Justice has launched an antitrust investigation to ascertain whether cable companies are impeding web video innovation. link

Online video viewing is growing rapidly. Viewers increased their monthly consumption of online video to 21.7 (+47% y/y) and the total number of viewers grew 30% to 105M, according to comScore data. link

Wired phone lines in the US have fallen by 20% in the past two years according to the FCC. link

Product Releases

Apple held its developer conference last week and announced the following:

  • Apple has 400M users’ credit card information, the largest collection in history
  • 365M iOS devices have been sold to date, 80% of which run iOS5
  • iMessage, the Apple mobile and PC messaging client, has 140M users who sent 1B messages daily
  • iOS devices produce 47% of the photos on Twitter
  • Retina MacBook Pros with high-resolution displays
  • iOS6, the new version of the mobile operating system, including deep integration of Facebook into the operating system and core applications, a wallet application called Passbook, and a new Maps application powered by TomTom, not Google.
  • Mountain Lion, the new MacOS, which has dictation, native sharing on Twitter and Facebook, Airplay screen sharing
  • 125M iCloud users

Facebook is preparing its real-time bidding ad exchange. Facebook is second to display ad inventory only to Google. link  Facebook is also testing an integration with Skype that permits video chatting. link

Gaming publishers PopCap and Wooga have pulled their games from Google+ citing lack of users. link

Dropbox is disabling public folder sharing, the company announced last week. link

Dwolla has launched FiSync, the company’s competitor to ACH. The main advantage of FiSync is real-time balance transfers. link

Qwiki signed a partnership to embed their interactive machine generated presentations into Bing search results. link

Company Announcements

Salesforce has signed a deal with Twitter allowing Radian6, a Salesforce company, access to the full Twitter firehose. link

Amazon taps MapR for high-powered Elastic MapReduce. link

Songza reaches 500,000 downloads just a week after launching their iPad application. Songza offers activity based music collections. link

Rage of Bahamut has become the top grossing game on iOS and Android and remarkably generates similar revenues from each platform, generating about $1 per day per DAU. link

Square is processing $6B in annual payment volume and has reached 2M businesses accepting credit cards.  link

Skout, a mobile dating service, was plagued with 3 separate sexual assaults committed against minors using the service. The company has since prevented underage users from accessing the site.

Liquidity

Classmates.com has acquired social class mates search tool Schoolfeed. link

ConstantContact acquired SMB marketing platform SinglePlatform for $100M. link

Financings

Company Description Investment Investors
CellScope, Inc. CellScope, Inc. develops microscopic imaging devices for at-home disease diagnosis using smartphone cameras connected to a web platform. 1.0 Khosla Ventures
Roqbot, Inc. Roqbot, Inc. provides a social music service for businesses. It offers Roqbot, a social jukebox service to engage with the music through phone. 1.2 Accelerator Ventures; T5 Equity Partners, LLC; Google Ventures; Penny Black Holdings LLC; Detroit Venture Partners, LLC
ThatGame ThatGame develops PC based games and desktop companions. The company also develops viral interactive applications in the form of games, which are played via email. 5.5 Benchmark Capital
Lemon Inc. Lemon Inc. provides online receipt organization and spending management tools. The company was founded in 2011 and is based in Palo Alto, California. 8.0 Draper Fisher Jurvetson; Maveron LLC; Lightspeed Venture Partners; CampVentures; The Social+Capital Partnership
Credit Sesame, Inc. Credit Sesame, Inc. owns and operates an online analytics engine that manages credit and loans. 12.0 Globespan Capital Partners; Menlo Ventures; Inventus Capital Partners
Hipmunk, Inc. Hipmunk, Inc. operates as a travel search site. Its interface enables users to search, browse, and filter flight search results. 15.0 Institutional Venture Partners; Ignition Partners
Gigya, Inc. Gigya, Inc., a Software-as-a-Service company, provides a technology that builds Websites social and integrates online businesses with social networks and identity providers, including Facebook, Twitter, and LinkedIn. 15.3 Benchmark Capital; Mayfield Fund; Advance Publications, Inc.; Adobe Ventures; DAG Ventures, LLC
thisMoment, Inc. thisMoment, Inc. provides online social content management solutions. 22.0 Fenway Partners LLC; Sierra Ventures; Trident Capital, Inc.
Yext, Inc. Yext, Inc. operates as a local advertising technology company. 27.0 Institutional Venture Partners; Sutter Hill Ventures; WGI Group; CrunchFund; Marker LLC
LightSpeed Retail Inc. LightSpeed Retail Inc. develops point of sale system solutions to retail and Web stores. 30.0 Accel Management Co, Inc.
iZettle AB iZettle AB, a payment service provider, offers services for person-to-person and business-to-consumer commerce in Sweden. 31.6 Greylock Partners; Index Ventures; Northzone Ventures; SEB Venture Capital; Mastercard Incorporated (NYSE:MA); Creandum AB
The Climate Corporation The Climate Corporation offers insurance programs on crop losses due to weather events for the global agriculture industry. 50.0 Glynn Capital Management; New Enterprise Associates; Western Technology Investment; Index Ventures; The Founders Fund; Khosla Ventures; Atomico Investment Holdings Limited; Google Ventures
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