Market Analysis & Industry News

iOS is the largest gaming platform of all time. link

Android devices constitute 68.1% of US smartphone shipments in Q2 2012. link

Apple is asking for $30 per smartphone and $40 per tablet in royalties from Samsung. link Samsung sold 21M phones, 1.4M tablets worth $8B in US since 2010 link

Monetate released a study indicating iPhones represent 5.4% (+117% y/y) of ecommerce traffic and Android devices represent 3.3% (+85% y/y). link

Product Releases

Pinterest has removed the invitation system and is open to all users. link

Google has released a Siri competitor built into its iPhone and iPad search applications. link

Company Announcements

Marissa Mayer has cancelled $7B worth of Yahoo share buybacks presumably to finance acquisitions.  link

Starbucks will accept Square mobile payments at many of its locations. Starbucks has also invested $25M into Square as part of the partnership. link

Airbnb had a record 60,000 bookings, with 75% of them being newbies to the experience and recorded its 10 millionth booking. link

AngelList startups have raised $1.1B through the service. link

Warner Music says 25% of digital music revenues come from streaming services. link

Valve, the gaming and game distribution company, is accepting non-gaming applications for distribution through Steam. link

CourseEra has enrolled 1M students for its online courses link


Gannett Will Buy BLiNQ Media For Up To $92M link


Data Collective is a new venture capital firm focusing on seed-round investments in big data startups founded by Zach Bogue and Matt Ocko.link

Company Description Investment Buyers/Investors
Upstart Upstart is a crowd funding platform that allows a young person to raise short term capital in exchange for a lien against future earnings 1.75 Kleiner, Perkins, Caufield & Byers; New Enterprise Associates; First Round Capital; Google Ventures; CrunchFund
AwesomenessTV, Inc. AwesomenessTV, Inc. operates as a media company that operates a YouTube channel with programming geared toward teens. The company was founded in 2012 and is based in Los Angeles, California. 3.5 New World Ventures; MK Capital; Greycroft Partners LLC
Sawbuck Realty, Inc. Sawbuck Realty, Inc. operates as a Web-based real estate broker. It provides buyers with the online search tools, technology, and information; connects buyers with the local agents; gives buyers a below-market mortgage with no closing costs; and negotiates the lowest possible settlement costs for buyers. 3.5 Revolution Ventures
Influitive Inc. Influitive Inc. provides customer advocacy program software for complex sales process companies. 3.77 New Enterprise Associates; CommonAngels; Lightspeed Venture Partners; Accelerator Ventures; First Round Capital; Illuminate Ventures; 500 Startups; Relay Ventures; Golden Venture Partners, Inc.; resolute.vc
PLUMgrid, Inc. PLUMgrid, Inc. develops and sells network infrastructure software solutions. It offers network virtualization solutions to companies building and managing data centers. 10.7 Hummer Winblad Venture Partners; U.S. Venture Partners
OpenGamma Limited OpenGamma Limited develops OpenGamma, an open platform for financial institutions to improve analytics calculation and delivery to front-office and risk users. 15.0 Accel Management Co, Inc.; FirstMark Capital, L.L.C.; ICAP plc (LSE:IAP); Euclid Opportunities Fund
Radio Time, Inc. Radio Time, Inc. provides services enabling people to listen to music, sports, and news from around the world. 16.0 Sequoia Capital; General Catalyst Partners; JAFCO Ventures; Google Ventures
Thorley Industries, LLC Thorley Industries, LLC, doing business as 4moms, designs and builds products for parents and babies all over the globe. 20.0 Bain Capital Ventures
FreeMonee Inc. FreeMonee Inc. is a cash-gift network in the United States. It connects credit and debit cardholders of various financial institutions with national and local merchants. 34.0 Redpoint Ventures; Sutter Hill Ventures; Pinnacle Ventures; The Contrarian Group, Inc.; Opus Capital
Pure Storage, Inc. Pure Storage, Inc. provides flash based enterprise storage solutions. 40.0 Greylock Partners; Redpoint Ventures; Sutter Hill Ventures; Index Ventures; Data Domain, Inc.