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Market Analysis & Industry News

According to data from comScore, Instagram recorded 22M MAU, 7.3M DAU and 257 minutes of usage per user in August, rivalling Twitter at 29M MAU, 6.9M DAU, and 170 minutes. link

Product Releases

Facebook launched Gifts enabling users to send items from birthday reminders or directly from the timeline. The feature is powered by Karma, a company Facebook acquired recently. link

Amazon launched a new service, called Amazon Lending, in which merchants purchase inventory using credit based on their Amazon merchant account. A monthly fee is deducted from the merchant’s account every month for use of the service. link

Dropbox has integrated with Facebook Groups, enabling members of a group to share files using Dropbox. link

Company Announcements

Google Play announced 25B downloads, adding 15B in 2012 year-to-date, across 675,000 applications. Apple’s iOS store reached this milestone in March 2012 link

AirBnB announced 25% of traffic is mobile, driven by 1M app downloads. These users send 530,000 messages per month. link

Kabam announced a partnership with Warner Brothers to develop two games for the Hobbit movie. link

American Express has integrated with Passbook, Apple’s extensible mobile wallet. Card holders can view balances and recent transactions. link

Google announced that it is shuttering AdSense for Feeds link

Talent

Ken Goldman has joined Yahoo as its CFO. link

Liquidity

Shutterstock prices its IPO at $13 to $15 and will raise $54M, half of its original target. link

Indeed.com, the job listings site, has been acquired by Recruit, Co., a Japanese company for between $750M to $1B. link

Financings

Company Description Investment Investors
GraphDive, Inc. GraphDive, Inc. offers a recommendation engine, Social Intuition, to parse through social pages or nodes, and data points to understand what users want from clients’ product and content offerings 1.0 CrossLink Capital, Inc.; Correlation Ventures
AirPR AirPR provides a market place for PR agencies. 1.0 Mohr Davidow Ventures; CrossLink Capital, Inc.; Correlation Ventures; 500 Startups
Datagres Technologies Inc Datagres Technologies Inc. develops data management platform that solves the problem of maintaining data closer to the CPU. 2.0 Nexus Venture Partners
AdMobius, Inc. AdMobius, Inc. develops a mobile audience management platform that enables publishers and advertisers to discover and target relevant audiences at scale. Its platform improves the performance and reach of advertisement campaigns for mobile advertising technology companies by aggregating mobile data, including demographic and interest-based information from publishers, and secondary sources, such as advertising networks and third-party data vendors to build target consumer segments. The company was incorporated in 2011 and is based in San Mateo, California. 5.0 Storm Ventures Inc.; Opus Capital
Tribogenics, Inc. Tribogenics, Inc. develops miniature X-ray solutions for applications in metal, mining, military, medical imaging, and security industries. The company was founded in 2009 and is based in Marina Del Rey, California. 6.2 The Founders Fund
Duck Duck Moose, LLC Duck Duck Moose develops digital books for children. 7.0 Sequoia Capital; Stanford University; Lightspeed Venture Partners
RAMP, Inc. RAMP, Inc. operates MediaCloud, a software as a service content optimization platform for online media publishers 15.0 Accel Management Co, Inc.; Comcast Ventures; Hearst Interactive Media; EDB Investments Pte. Ltd.; General Catalyst Partners; StarVest Partners, L.P.; Fairhaven Capital Partners, LLC
Xirrus, Inc. Xirrus, Inc. engages in designing and manufacturing wireless network products in the United States 23.5 August Capital; Canaan Partners; InterWest Partners LLC; U.S. Venture Partners; QuestMark Partners
Celeno Communications, Ltd. Celeno Communications, Ltd., a fabless semiconductor company, develops components and subsystems for WiFi systems and networks. 24.0 Greylock Partners; Pitango Venture Capital; Vintage Investment Partners; Liberty Global Inc. (NasdaqGS:LBTY.A); Cisco Systems, Investment Arm
SimpliVity Corporation SimpliVity Corporation offers server virtualization technologies. 25.0 Accel Management Co, Inc.; Charles River Ventures; Kleiner, Perkins, Caufield & Byers
Medallia, Inc. Medallia, Inc. provides software-as-a-service customer experience and enterprise feedback management solutions to financial services, retail, high-tech, business-to-business, and hotel companies in the United States and internationally. 35.0 Sequoia Capital
Criteo Corp. Criteo Corp. provides pay per click search expansion solutions for the display market in the United States, Asia, Europe, and internationally 38.8 Bessemer Venture Partners; SAP Ventures; Yahoo Japan Corporation (TSE:4689); SoftBank Capital
Mimecast Ltd. Mimecast Ltd. provides cloud-based unified email management (UEM) solutions for Microsoft Exchange and Office 365 to serve customers worldwide. It offers Mimecast UEM Express, an email management solution that offers unified email security and continuity services; and Mimecast UEM Enterprise, an email management solution that offers unified email security, continuity, and archiving services. The company also provides Mimecast Email Security, a cloud-based email risk mitigation solution that offers protection from spam, viruses, malware, phishing, and data leaks; Mimecast Email Archive, a solution for bottomless mailboxes, Outlook integration, real-time searches, and security and audit trails for email compliance; and Mimecast Email Continuity, which delivers email availability through automatic service failover and failback in near real-time during an email outage. In addition, it offers Mobile Access licensing scheme that enables organizations to give their employees with access to business applications through their business or personal smartphones; and instructor led training courses and support services. The company was founded in 2002 and is based in London, United Kingdom with additional offices in London, United Kingdom; Waltham, Massachusetts; Jersey, Channel Islands; and Johannesburg and Cape Town, South Africa. 62.15 Insight Venture Partners; Dawn Capital
Desmos, Inc. Desmos, Inc. develops and operates a browser-based collaborative environment that allows people to create content and collaborate online. It allows users to create and share interactive content that works across various platforms ranging from computers and interactive touchscreens in classrooms to tablet devices and smartphones in the United States and internationally. Desmos, Inc. was formerly known as Tutor Trove, LLC. The company was founded in 2007 and is based in New Haven, Connecticut. Google Ventures
Zalora (Thailand) Co., Ltd. Zalora (Thailand) Co., Ltd. operates an online fashion and lifestyle retail marketplace for men and women. J.P. Morgan Asset Management, Inc.
Zando Zando operates an online store that sells footwear and clothing products for men, women, and kids in South Africa. JPMP Capital, LLC
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