Market Analysis & Industry News

Google posted a 35% revenue increase y/y reaching $12.2B and $2.8B in profit, up from $2.5B. Google’s Motorola Mobility Unit lost $233M on $1.25B in revenue.  link

Microsoft reported revenue of $18.6B (+7% y/y) and its first ever loss after writing down the $6B acquisition of aQuantive. Microsoft’s Server and Tools business grew by 7%, while Office and related products shrank by 7%. link

Nokia shipped 4M phones in Q2. The company reported a €1.4B loss. The company claims 0.3% of US smart phone market share according to Nielsen.  link

Product Releases

The Nexus 7 16 GB edition is sold out of all retailers both online and offline, with demand exceed supply for the $250 tablet. link

Amazon has added high performance solid state drives with 100x better IOPs to its web services offerings.link

Company Announcements

The BBC generates 13% of revenues from digital sources including TV content sales and gaming sales. Total app downloads exceed 25M. link

Several ecommerce companies profiled in the WSJ revealed revenue plans. Gilt will generate $600M in 2012 sales up from $370M last year. One Kings Lane announced $100M in 2011 revenue. Fab expects to generate $140M in 2012 revenue. link

Skype registered 115B minutes of calls during Q2, up 50% y/y according to owner Microsoft. Skype will be incorporated into the new version of Outlook. link

MovieClips, an aggregator of clips from movies, drives 600M monthly YouTube views. link

P2P car sharing network RelayRides has forged a partnership with GM enabling the 6M cars with OnStar to be rented via RelayRides. link

Facing reports of a security breach of European user account data, Dropbox has hired external experts to evaluate the breach. link

Prezi, the innovative presentation platform, has reached 12M users, up 2M in the last 2 months. link

Gogobot has doubled its user base to 2M in 60 days. The company released a mobile application last week to prioritize photos.  link


Marissa Mayer has been appointed CEO of Yahoo. link

Paul Maritz will step down as CEO of VMWare to become EMC’s chief strategist. link

Raj Kapoor is leaving Mayfield to start a new accelerator. link


Kayak and Palo Alto Networks recorded two very successful IPOs trading up 26 and 28% respectively at the end of last week. link

Cisco is buying Virtuata, a specialist in virtual machine security, and will meld that company into its data center security group. link

Autodesk acquired SocialCam for $60M  link

Tivo has acquired TRA Systems, makers of set-top box data analysis software, for $20M. link

GoDaddy has acquired Outright, provider of bookkeeping services for SMBs.  link

Beats is purchasing $150M worth of shares from investor HTC just a few months after HTC invested $300M. link

Google has acquired email client maker Sparrow for an undisclosed amount. The team will focus on GMail and development on Sparrow will cease.  link


VC investments fell by 9% in dollar terms in Q2, according to Dow Jones. link

Company Description Investment Investors
Virool, Inc. Virool, Inc. operates as a viral video advertising network that allows companies to distribute video content through a series of online publishers. 0.5 Amidzad Partners; Y Combinator; 500 Startups; Global Venture Alliance
Teamly Ltd. Teamly Ltd. provides online teamwork software for businesses and individuals to improve their performance in the workplace. The company was founded in 2010 and is based in London, United Kingdom. 0.5 500 Startups
WillCall, Inc. WillCall, Inc. provides a ticketing application for iPhones and Androids to purchase tickets for shows and concerts at the last minute. The company was founded in 2010 and is based in San Francisco, California. 0.85 RRE Ventures LLC; SV Angel; 500 Startups; RSE Ventures, Investment Arm
33cube, Inc. 33cube, Inc. develops a photo organization application which enables a user to organize and combine photo libraries into an interface either stored on the desktop or in the cloud. 1.0 Index Ventures; 500 Startups; Kii Corporation, Investment Arm
JLizard Limited JLizard Limited, doing business as logentries.com, develops Web-based log management service. 1.1 Polaris Venture Partners, Inc.; RRE Ventures LLC; Enterprise Ireland, Investment Arm; Frontline Ventures
Retention Science Retention Science provides retention marketing solutions. It offers Customer Profiling Engine, a Software-as-a-Service solution that employs Big Data algorithms and statistical models for companies to understand their customer attributes and make purchasing predictions based on customer profile and shopping patterns. 1.3 Mohr Davidow Ventures; Baroda Ventures LLC
littleBits Electronics, Inc. littleBits Electronics, Inc. manufactures and distributes an opensource library of electronic modules that snap together with tiny magnets for prototyping and play. 3.65 O’Reilly AlphaTech Ventures, LLC; Khosla Ventures; True Ventures; Lerer Ventures
Loggly, Inc. Loggly, Inc. provides a web based user interface to developers for searching log files 5.7 Matrix Partners; Trinity Ventures; True Ventures
TopHatMonocle, Inc. TopHatMonocle, Inc. operates as a web and mobile-based classroom response system that engages students and provides professors with the real-time feedback on student understanding 8.0 iNovia Capital; Emergence Capital Partners; SoftTech VC; Golden Venture Partners, Inc.
DynamicSignals LLC DynamicSignals LLC manufactures data acquisition and control solutions. 13.3 Trinity Ventures; Venrock; Cox Enterprises, Inc.; Time Warner Investments
Firespotter Labs Firespotter Labs is a venture capital firm specializing in incubation. The firm is based in Mountain View, California. 15.0 Google Ventures; Andreessen Horowitz
Egnyte, Inc. Egnyte, Inc. provides cloud file server solutions to address the infrastructure needs of enterprises and professionals, as well as small, medium, and large businesses. 16.0 Kleiner, Perkins, Caufield & Byers; Polaris Venture Partners, Inc.; Google Ventures
Boom Financial Boom Financial provides an online financial platform for customers to share and spend money from their cell phones in the United States and Mexico. 17.0 RRE Ventures LLC; Digicel Group Limited; Mexicans & Americans Thinking Together Foundation, Inc., Endowment Arm
Totsy, Inc. Totsy, Inc. operates a shopping site that offers various products for moms, moms-to-be, and kids. 18.5 Rho Capital Partners, Inc.; Draper Fisher Jurvetson Gotham Ventures
Edmodo, Inc. Edmodo, Inc. operates a social learning network for teachers, students, schools, and districts of K12 education. 25.0 Benchmark Capital; Greylock Partners; New Enterprise Associates; Union Square Ventures; Learn Capital Venture Partners
Aryaka Networks, Inc. Aryaka Networks, Inc. provides software-as-a-service based WAN optimization and application acceleration solutions for small, medium, and large businesses globally to stay in touch with their offices all around the world. 25.0 InterWest Partners; Mohr Davidow Ventures; Trinity Ventures; Presidio STX, LLC; Nexus Venture Partners
SAY Media, Inc. SAY Media, Inc. offers publishing technology and media services to independent content creators. 27.0 August Capital; Focus Ventures; J.F. Shea Venture Capital; Maveron LLC; New Enterprise Associates; Neoteny Co., Ltd.; First Round Capital; Correlation Ventures; WPP Digital
Fab.com, Inc. Fab.com, Inc. operates an online flash sales site and social community that features daily design inspirations and flash sales. 105.0 Mayfield Fund; Menlo Ventures; Baroda Ventures LLC; ruNet Holdings Limited; Pinnacle Ventures; First Round Capital; DoCoMo Capital, Inc.; Atomico Investment Holdings Limited; Andreessen Horowitz

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