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Market Analysis & Industry News

Nielsen released analysis last week indicating online ad spending grew 12% y/y. In fact, all ad categories (TV, Radio, Outdoor, Newspapers and Cinema) grew by 2.8% or more, except for magazines which fell by 1.4%. link

Smartphone shipments represent 56.9% of mobile phones sold in China in Q2’12 according to the Chinese Ministry of Technology. According to Nikko Partners, by the end of 2012, there will be 200M active smartphones in China. Android constitutes 55% market share of Chinese smartphones. link

82 venture capital funds raised $13 billion during the first six months of the year, an increase of 31 percent over the same period last year according to Dow Jones. link

Pinterest generates about 1.2% of referral traffic on Shareholic’s network of 200,000 sites, which exceeds Twitter’s by 30% and is equivalent to Bing, and only about 30% short of Yahoo. link

US PC shipments fell 10.6% y/y according to IDC as tablets and mobile phones cannibalize desktop and laptop sales. link

Product Releases

Yahoo released Genome, ad targeting and analysis software based from Interclick, acquired by Yahoo in Nov. 2011 for $270 million. link

Next Issue Media has released their one-subscription for all magazines application on iPad. The company is a joint venture fo the top 5 magazine publishers and had released an Android application previously. NextIssue will compete directly with Apple’s Newsstand. link

Ouya, an Android gaming console launched on Kickstarter with a retail price of $99, has raised $1.5M in less than 24 hours. Yves Behar is the industrial designer. link

Amazon has released GameCircle, a gaming social network for its Fire devices. Amazon’s ARPU is 89% that of Apple according to Flurry. link

Verizon has launched an unlimited gaming subscription service for Android devices. For $6 monthly, subscribers may access more than 100 titles. link

Company Announcements

The DC City Council proposed and then quickly rescinded legislation that would have required black cars to charge at least five times more than taxis, pricing aimed directly at preventing Uber from competing with incumbents. link

Dropbox has doubled the storage capacity of its paid accounts as pricing competition from Google, Apple and Microsoft heats up. link

LevelUp, a mobile payments provider, has eliminated the interchange fee for its merchants leapfrogging Square, Intuit and PayPal who dropped their fees to 2.75% or lower. link

Liquidity

About 14% of the technology firms that have held initial public offerings between January 2011 and the end of June 2012 went public with at least two share classes. link

Kayak’s IPO has priced at $22 to $25 and will raise $100M under the symbol KYAK. link

Facebook has acquired Spool, makers of a content-caching service.  link

Palo Alto networks has priced its IPO at $34 to $37 per share and willl raise up to $175M under the symbol PANW. PAN generated $119M in 2011, up 143% y/y. link

Microsoft has acquired large touchscreen display maker Perceptive Pixel for an undisclosed amount. Perceptive Pixel’s screen range in size from 27 to 82 inches. link

Salesforce will acquire GoInstant, makers of software enabling synchronous browsing tools without plugins, for $70M. link

Oracle has acquired Facebook social marketing startup Involver for an undisclosed amount. link

Betaworks has acquired Digg’s assets for $15M. link

Financings

Company Description Investment Investors
Plivo Inc Plivo Inc. operates a FOSS framework that enables to build telephony applications ranging from click-to-call systems to complex applications, such as interactive voice responses, voice-mail systems, billing systems, or call center applications. 0.17 Accelerator Corporation; Y Combinator
Sprint.ly, Inc. Sprint.ly, Inc. designs and develops project management and integration software solution which enables a group of people to work together on a project. 0.5 Freestyle Capital
EdgiLife Media Inc. EdgiLife Media Inc. operates an online community for food. It offers food products and recipes. The company was incorporated in 2009 and is based in San Mateo, California. 0.65 500 Startups; Great Oaks Venture Capital LLC; TEEC Angel Fund
uBeam Inc. uBeam Inc. develops a wireless transmitter which enables wireless charging. uBeam Inc. is based in the United States. 0.75 The Founders Fund; Andreessen Horowitz; CrunchFund
Phoenix Guild Inc Phoenix Guild Inc develops games for mobile devices. Phoenix Guild Inc was incorporated in 2012 and is based in Palo Alto, California. 1.1 Accel Management Co, Inc.; General Catalyst Partners; YouWeb
Jetpac Inc. JetPac provides socia travel tools on the iPad. 2.4 Khosla Ventures; Morado Venture Partners
Parlay Labs, Inc. Parlay Labs is building next generation enterprise communication tools. 4.0 General Catalyst Partners; Andreessen Horowitz
Lyst Ltd. Lyst Ltd. designs, manufactures, and sells fashion apparel in the United Kingdom. 5.0 Accel Management Co, Inc.; DFJ Esprit LLP; Venrex Investment Management LLP
CashStar, Inc. CashStar, Inc., an online interactive gift card and incentives company, provides multi-channel payments solutions to consumers and retailers in North America and the United Kingdom. 5.0 FTV Capital; Intel Capital; Passport Capital, LLC
Pocket Change Inc. Pocket Change Inc. develops and offers an online monetization and distribution platform which enables iOS & Android game developers to monetize their apps via a token system. 5.0 Baroda Ventures LLC; First Round Capital; Google Ventures
Seculert Ltd. Seculert Ltd. provides cloud-based cyber threat management services to detect and prevent cyber threats from infiltrating in to networks of enterprises, governments, and service providers. 5.35 Norwest Venture Partners; YL Ventures GP Ltd.
Poptent, Inc. Poptent, Inc. operates an Internet community of filmmakers, writers, actors, stylists, grips, and animators. 5.5 MK Capital
FullContact Inc. FullContact develops software that keeps contact information current. The company taps into its database of more than 100 million contact records to quickly turn partial, out-of-date contact records into fresh, complete contact records. 7.0 High Country Venture, LLC; Foundry Group; Zelkova Ventures; SK Ventures Co., Ltd.; 500 Startups; Bullet Time GP, LLC
Cloudability Inc. Cloudability Inc. provides cloud products that aggregate its customers’ cloud costs into reports to help manage spending, reduce waste, and identify opportunities for cost savings. The company was founded in 2011 and is based in Portland, Oregon. 8.7 Trinity Ventures; Wieden & Kennedy, Inc.; Foundry Group; 500 Startups
Tout Industries, Inc. Tout Industries, Inc. develops a social media tool that enables its users to capture, deliver, and share real-life-in-real-time 15-second video status captured via their smartphones, tablet, or webcam. 13.4 SRI International, Inc.; World Wrestling Entertainment Inc. (NYSE:WWE); Seavest Capital Partners; Horizons Ventures Limited; 819 Capital
AdRoll, Inc. AdRoll, Inc. provides online advertising solutions. Its products and services include Retargeting that identifies lost customers and shows them advertisements; Site Targeting that helps to place advertisements at premium sites, and high-performing niche Websites and blogs; 15.0 Accel Management Co, Inc.; Foundation Capital; Merus Capital
Boundary, Inc. Boundary, Inc. provides platforms for visualizing, exploring, and troubleshooting data networks. The company was incorporated in 2010 and is based in San Francisco, California. 15.0 Scale Venture Partners; Lightspeed Venture Partners
Avere Systems, Inc. Avere Systems, Inc. develops Network Attached Storage (NAS) Optimization solutions that allow enterprises to scale storage network. 20.0 Menlo Ventures; Norwest Venture Partners; Lightspeed Venture Partners; Tenaya Capital
Meraki, Inc. Meraki, Inc., a cloud-based wireless networking company, deploys wireless network infrastructures 40.0 Sequoia Capital; Northgate Capital Group, L.L.C.
GitHub Inc. GitHub Inc. provides code hosting services. It allows the users to store code repositories for collaborative development of software solutions. 100.0 Andreessen Horowitz; SV Angel
Betable Ltd. Betable Ltd. operates an online social community for person-to-person betting activity and interaction. Greylock Partners; The Founders Fund; True Ventures; Bullpen Capital; Morado Venture Partners; Venture51; CrunchFund; Tekton Ventures
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