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Market Analysis & Industry News

A jury ruled Samsung must pay Apple $1.050B for violating five of six patents, three relating to software UI (multitouch gestures, pinch to zoom and scroll bounce back) and three for trade dress (white & black phone design, square icon desktop). link

18 of the top 25 grossing of all iOS apps are Free To Play Games (72%). Amidst the competition, the Angry Birds franchise is falling in the charts. link

51% of phones sold in China are smartphones, according to IDC. Apple represents only 10% share in China. link

Nook, Barnes & Noble’s, eReader is struggling. Sales were flat compared to last year at $192M as the company faces stiff competition from Apple, Google and Amazon. link

Product Releases

Facebook’s Exchange product, which allows marketers to retarget users on the web using browsing data from Facebook Connect enabled sites. link Also, Facebook is enabling third party applications to enable Facebook user tagging within other applications. Friend tagging will provide additional engagement opportunities for developers. link

Amazon announced Glacier, a low cost cloud backup service for infrequently accessed data. link

Engine Yard has launched an enterprise grade offering of Node.js, the popular Javascript server side technology. link

Company Announcements

Twitter has revoked the friend finder feature from Tumblr, one week after revoking access from Instagram. link

Mendeley, the academic research aggregator, announced 100M API monthly API calls. The company has 65M scientific papers and files. Genomic data access is one of the most common uses of its platform. link

Glassdoor, the employer rating service, launched InsideConnections, a networking tool on Facebook which has grown to 10M users, having grown by 6M in the past 90 days. The company has a network of 400M user profiles through the social graph. link

Bing has partnered with Quora to provide Quora content in a highlighted portion of the Bing results page. Last month, Bing struck a similar partnership with FourSquare. Other Bing partners include LinkedIn and Twitter.

PayPal has partnered with Discover to enable PayPal users to pay at any Discover network merchant using a phone number and PIN. link

ooVoo announced 54M users up from 46M three months ago. The social video chat company announced 4 way video conferencing. link

Financings

Company Description Investment Investors
Sherpaa, Inc Sherpaa, Inc provides business employees with telephone and email access to a group of doctors. 1.85 First Round Capital; O’Reilly AlphaTech Ventures, LLC; Collaborative Fund
sqrrl data, inc. sqrrl data, inc., a software company, develops database solutions. The company offers Apache Accumulo, a sorted and distributed key/value store that handles large amounts of structured, semi-structured, and unstructured data as a robust, scalable, and real-time data storage and retrieval system. 2.0 Atlas Venture L.P.; Matrix Partners
Cloud Physics Cloud Physics is based in the United States and provides data center monitoring tools. 2.5 Mayfield Fund
MobileSpaces. Inc Mobile Spaces sells enterprise mobility security solutions. 3.0 Accel Management Co, Inc.
Twice Twice operates clothing resale online store. The company was founded in 2011 and is based in Palo Alto, California. 4.0 Felicis Ventures; SV Angel; IA Ventures; Lerer Ventures; High Line Venture Partners; CrunchFund
Bubble Motion, Inc. Bubble Motion, Inc. develops mobile voice messaging and audio content applications 5.0 JAFCO Investment (Asia Pacific) Ltd.
Future Advisor Xulu, Inc. provides investment advisory services. The company offers personalized and data-driven recommendations to optimize clients’ 401(k) and IRA 5.0 Sequoia Capital
Revel Touch Inc. Revel Touch Inc. develops applications for tablets that allow shoppers to browse more thoroughly. The company is based in Los Altos, California. 10.0 Foundation Capital; Lightspeed Venture Partners
Typesafe, Inc. Typesafe, Inc. provides software development tools for programming languages.The company’s Typesafe Stack combines the Scala programming language, Akka middleware, and developer tools in a package that integrates with existing Java infrastructure. 14.0 Greylock Partners; Shasta Ventures; Juniper Networks, Investment Arm
Tagged Inc. Tagged Inc. operates a social networking site in the United States and internationally. 15.0 Lighthouse Capital Partners; Comerica Bank, Asset Management Arm
Vicarious Systems, Inc. Vicarious Systems, Inc. develops artificial intelligence (AI) algorithms that mimic the function of the human brain. The company is based in Union City, California. 15.0 The Founders Fund; Open Field Capital LLC; Good Ventures LLC; Zarco Investment Group, LLC.
Ness Computing, Inc. Ness Computing, Inc., a stealth mode company, intends to develop a personal search engine. 15.0 American Express Company, Asset Management Arm; SingTel Innov8 Ventures Pte. Ltd.
SimpliVity Corporation SimpliVity Corporation operates in the technology sector. The company was formerly known as SimpliVT Corporation and changed its name to SimpliVity Corporation in January 2012 18.0 Accel Management Co, Inc.; Charles River Ventures
Lumos Labs, Inc. Lumos Labs, Inc. operates Lumosity.com, an online tool for cognitive enhancement. The company offers various Web-based brain training programs targeting brain areas, such as memory, attention, and processing speed to produce cognitive benefits. 31.5 Menlo Ventures; Norwest Venture Partners; FirstMark Capital, L.L.C.; Discovery Communications, Inc. (NasdaqGS:DISC.A); Harrison Metal Capital
Nutanix, Inc. Nutanix, Inc. designs and develops converged compute and storage infrastructure for virtualized data centers. 33.0 Battery Ventures; Goldman Sachs Group, Merchant Banking Division; Lightspeed Venture Partners; Khosla Ventures
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