Market Analysis & Industry News

IBM released a study indicating Twitter generated 0% of ecommerce referrals on Black Friday and Facebook contributed 0.68%. Social as a category only drove 0.31% of sales, a 46% drop y/y. link

Visitors to ecommerce sites convert equally well on tablets as on PCs, according to a study by Monetate. link

IBM said that 77 percent of mobile traffic on Black Friday came from iOS devices. This despite the fact that Comscore said that Android has 52.5 percent of smartphone subscribers while iOS has 34.3 percent. link

While the iOS app store revenues grew 12.9 percent in 2012, Google Play grew 313 percent. The same trend was visible in free downloads, where even though iOS users download 10 apps for every 9 apps Android users download, Google Play grew 47 percent to iOS’s 4.5 percent. link

For the first time in the history of comScore’s MobiLens U.S. mobile market share report, Apple has come in second overall among handset OEMs. Apple grew its U.S. market share by 1.5 percentage points from 16.3 to 17.8 percent in the three-month period ending October 2012, according to the report. link

Product Releases

Apple released iTunes 11, an update that reflects the converging nature of mobile and desktop app design.  link

Company Announcements

Twitter is recording 400M tweets per day.  link

Microsoft Says It Has Sold 40 Million Windows 8 Licenses link

Fab reached an all-time, single-day high of more than $1.3 million in sales on Cyber Monday, November 26. link

Paul Maritz will lead a new group at EMC that combines GreenPlum, CloudFoundry and SpringSource.  link

Amazon and Google are engaged in a price war for infrastructure-as-a-service with each cutting prices by 25%+ in the past two weeks.

Facebook has modified its contract with Zynga to operate on the same terms as other developers, eliminating the preferred status the games maker once enjoyed.  link


Zillow has acquired HotPads, a real estate search site for $16M. link

McGraw-Hill, the longtime education textbook publishing giant, announced Monday that it will sell its education unit to private equity firm Apollo Global Management for $2.5 billion. link

NCR Acquires Retail Point Of Sale Software Company Retalix For $650 Million Cash link


Company Description Investment Investors
Fresh Dish 0.5 Battery Ventures
Red Tricycle RedTricycle operates a local kids focused activity site. 1.5 Maveron LLC; Richmond Park Partners LLP; zulily, Inc.; 500 Startups
CapLinked, Inc. CapLinked, Inc. provides tools for investors, companies, and advisors for networking, secure data rooms, and private updates. Its tools enable users to store, share, manage, and control access to secure files or images in data rooms; make connections to find investors/advisors/executives, send private requests and updates, and manage networks; and stay informed by following and archiving activity in their data rooms and profiles. The company also allows entrepreneurs to raise capital and sell or buy assets; manage and contact investor prospects; centralize document flow on a secure platform; and connect with new investors, advisors, and companies. It serves companies in energy, transportation, real estate, financial services, and food and beverages markets. The company was founded in 2009 and is based in Manhattan Beach, California. 1.6 The Founders Fund; Siemer Ventures; 500 Startups
Lift 2.5 Spark Capital; The Obvious Corporation; SV Angel
AdNear 6.28 Canaan Partners; Sequoia Capital
Agilone LLC Agilone LLC, a cloud-based company, provides data from transactions, customers, promotions, email, Web, mobile, and social, and combines, cleanses, and processes with predictive analytics. It offers AGLXOne, an elastic data storage and computational layer built from ground up; ReportOne, a reporting and business intelligence portal; NextOne, a predictive engine that powers relevant and timely marketing; and CampaignOne, an integrated list execution solution to select customers, a/b testing, and manage source codes across email, direct mail, SMS, and push notifications. The company was founded in 2005 and is based in Mountain View, California. 10.0 Mayfield Fund; Sequoia Capital
DoAT Media Ltd. DoAT Media Ltd. provides a mobile search application. It offers Everything.me, an application that enables users to find the things inside applications without downloading. The company was founded in 2010 and is based in Giv’atayim, Israel. 25.0 Draper Fisher Jurvetson; Tamir Fishman Ventures; BRM Group; SingTel Ventures (Pte) Ltd.; Mozilla Corporation; Horizons Ventures Limited; Telefónica Digital Limited
Acquia, Inc. Acquia, Inc., an open source software company, provides products, services, and technical support for the open source Drupal social publishing systems. The company offers social business software, enterprise cloud hosting, developer cloud hosting, remote administration, Drupal training, publishing solutions, government solutions, education solutions, search software, and support and cloud services, as well as professional services. It also provides commercial grade support for the open source Drupal social publishing system, including modules, themes, and custom code. The company was incorporated in 2007 and is based in Woburn, Massachusetts. 30.0 Goldman Sachs Group, Merchant Banking Division; North Bridge Venture Partners; Sigma Partners; Investor Growth Capital; Accolade Partners; Tenaya Capital
Sumo Logic, Inc. Sumo Logic, Inc. provides log management and analytics services. It offers cloud-based services for collecting, managing, and analyzing machine-generated data; and Elastic Log Processing engine that enables users to collect, process, and analyze log data. The company also provides LogReduce that reduces log lines into patterns that enable operations and security professionals to get to insights without having to manually write queries to slice and dice the data; Sumo Logic enterprise dashboards that enable customers to visualize and monitor applications, systems, and infrastructure across terabytes of machine data; and Sumo Logic for VMware, a solution for collecting, managing, and analyzing machine data from VMware infrastructure. In addition, it offers Real-time Interactive Analytics engine that delivers search results from terabytes of log data; and Push Analytics that detects trends and changes in system, application, user, and network behaviors and pushing useful insights directly to the user. Further, the company provides application management, IT operation, and security and compliance solutions. Sumo Logic, Inc. was founded in 2010 and is based in Mountain View, California. 30.0 Accel Management Co, Inc.; Greylock Partners; Sutter Hill Ventures
Xero Limited. (NZSE:XRO) Xero Limited provides an online accounting solution for small sized businesses offering a single ledger for business owners and their accountants. It also offers a product for personal finance. The company has approximately 111,000 paying customers in approximately 100 countries worldwide. The functions of the Xero application include bank reconciliation, invoicing, accounts payable, expense claims, fixed asset depreciation, standard and management reporting, and automatic bank feeds from the major banks in New Zealand, Australia, the United Kingdom, and the United States. Xero Limited was founded in 2006 and is headquartered in Wellington, New Zealand. 49.37 Matrix Capital Management Company, LLC; Valar Ventures LP

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