Tag Archive | "expand-the-team"

Mobile Game Publisher MoMinis Raises $6M More

Tags: , , , , , , , , , , , , ,


mominis logo

MoMinis, an Android game publisher headquartered in Tel Aviv, has raised $6 million in new funding.

In addition to providing free development tools and financing development for some premium partners, MoMinis also runs PlayScape, a virtual environment where gamers can check out different titles and developers can promote their games. The company says it currently reaches 35 million users, including 5.5 million actives and 1 million daily actives, with 100 MoMinis games planned and in development.

To illustrate the platform’s power, CEO Itzik Frid described a New York game developer that previously worked with a leading publisher but received fewer than 10,000 downloads. However, when it partnered with MoMinis, the game saw more than 1 million downloads in a month. Frid also pointed out that MoMinis has been highlighted as a top developer on Google Play — something you can see for yourself in all of its game listings.

The new funding comes on the heels of a $4.5 million round earlier this year, bringing MoMinis’ total funding to $15.4 million, including more than $10 million this year alone. Gemini Israel Ventures led the funding, and Frid said the round is still open.

Why all the fundraising? Frid said it’s because the company is just growing so quickly, and that he’ll use the money to expand the team, move to other platforms like iPhone, Windows Mobile, and Facebook, and to add new revenue channels.

Article courtesy of TechCrunch

Analytics Company Datameer Raises $6 Million From Redpoint Ventures and Kleiner Perkins

Tags: , , , , , , , , , ,


Image (1) datameer.png for post 303751

Analytics company Datameer raised $6 million today, according documents filed with the SEC. The company’s PR manager Susan Puccinelli confirmed the funding and said the round came from Redpoint Ventures and Kleiner Perkins.

Datameer makes a spreadsheet-style interface for Apache Hadoop and makes the big data analytics platform easier for non-developers to use. It was founded in 2009 and raised $2.5 million from Redpoint in 2010. Last year Datameer raised a $9.25 million round led by Kleiner Perkins with Redpoint participating.

Apache Hadoop is an open source data processing system used for building clusters of cheap servers that can compete with powerful supercomputers. Hadoop works by breaking down large, complex computational problems into smaller problems, distributing those smaller problems across the cluster and then compiling the responses into an answer to the original problem.

That may sound simple enough, but Hadoop can be very difficult to use, especially for business users who typically work in Excel or business intelligence dashboards and don’t necessarily need to perform computationally complex problems. To help those users out, Datameer has developed an interface for Hadoop that uses a familiar spreadsheet model. It also sells a desktop edition that will enable users to run Hadoop on a single desktop machine, with no need to run a big cluster anywhere. The standalone desktop version obviously isn’t comparable to a big cluster of servers, but it can be used as an analytics tool in its own right. For more details on the company’s offerings check out Curt Monash’s analysis.

Not too long ago the company inked deals with both Dell and Fujitsu to include Datameer in each company’s respective Hadoop offerings.

Puccinelli says the funding will be used to expand the team to keep up with demand for Datameer’s product.



Article courtesy of TechCrunch

Duedil Raises Another Financing Round For Its Free Company Data Platform

Tags: , , , , , , , , , , , , , ,


more-money-1

We’ve been tracking Duedil, a sort of Crunchbase for free company financials, since it won GeeknRolla last year, and the startup does indeed seem to be on something of a roll.

Its now raised “continued financing” from existing investors Passion Capital, Jonty Hurwitz, and Federico Pirzio-Biroli, and brought on new investors in the shape of noted UK tech Angels Sherry Coutu and Tom Hulme. This follows a seed round announced in December last year led by founding CTO of Wonga, Jonty Hurwitz. In both cases the terms have not been disclosed, but TechCrunch understands Duedil is now into seven figures worth of financing.

CEO Damian Kimmelman says the funds will be used to expand the team and growing its data science department. Duedil recently hired Wendy Naaman, who recently graduated with a PhD in Atomic Physics from the University of Cambridge, and Kabir Ahmed, who graduated from Oxford University and is focusing on developing machine learning and network analysis techniques to extract greater insight from Duedil’s data.

Sherry Coutu is an early stage investor, board member and advisor to organisations including LinkedIn, Care.com, the University of Cambridge, and others. As an entrepreneur, Coutu is best known for iii.co.uk which was floated in 2000 on the London Stock Exchange and Nasdaq. Tom Hulme is Design Director at global design firm IDEO, founder of OpenIDEO, and an entrepreneur and investor.

Duedil has a large array of company data for free, aggregating over 30 billion data points on every company and director in the UK and Ireland. It’s currently prepping its business data API and more services.

Certainly Duedil puts the likes of Companies House to shame right now.



Article courtesy of TechCrunch

MyHealthTeams Scores $1.75M From Adams Street Partners, 500 Startups; MyAutismTeam Hits iOS

Tags: , , , , , , ,


Screen Shot 2012-08-14 at 13.48.49

MyHealthTeams, which develops social and local networks for communities of people living with or caring for those living with chronic health conditions, has announced a $1.75 million seed round today. It was led by Adams Street Partners, with participation also from 500 Startups and “notable” angel investors in the consumer technology and life science space. It’s to use the cash injection to help scale and expand the team.

In related news, the San Francisco startup is bringing MyAutismTeam, its online community for parents of children on the autism spectrum (see our previous coverage), to iOS with a dedicated app. It’s being pitched as a sort of Facebook-meets-Yelp resource for those parents, offering features such as the sharing of posts, local provider referrals and tips, as well as the ability to ask questions to the community and post pictures.

MyHealthTeams’ mission is to makes it easy for people to quickly find and connect with a network of other people who are in a similar position and can understand the challenges faced via its own condition-specific social networks. In addition, members can also easily find referrals of local providers and businesses best suited to help them — and this, presumably, is part of the business model.

To that end, MyHealthTeams’ flagship site, MyAutismTeam, which launched in private Beta in June last year and is aimed at the needs of parents of children with autism, claims more than 27,000 registered parents from all across the U.S. The company says that it is following the same strategy for other chronic conditions and diseases.



Article courtesy of TechCrunch

Chartbeat Raises $9.5M, Launches Engagement-Focused Redesign

Tags: , , , , , , , , , ,


Content

Real-time analytics startup Chartbeat is making two big announcements today. The first should be pretty obvious to anyone who uses the service — it’s unveiling a big redesign. And it’s not stopping there, since the second announcement is a $9.5 million Series B round of funding.

The redesign is pretty similar to the preview that I saw about a month ago. The big goal is to start providing numbers that go beyond how many people are looking at a website or article at a given moment. So at the top of the new dashboard, in addition to the familiar meter showing the number of concurrent visitors to a site, there’s a new widget telling you how much time visitors have spent engaged on the site in aggregate — for example, I learned that by the middle of the Sunday afternoon, TechCrunch readers that day had collectively spent two years and six months engaged with our content (which is kind of scary). It also shows the average engagement time per user and per page.

The new dashboard also highlights content that’s getting unusual attention in some way — not just by pure pageview count, but say if a page is seeing a lot of traffic from search, or from social networks. Traffic to the whole site is also broken down based on type (specifically direct traffic, links, social, search, and internal) and compared to the traffic seen by similar sites. Chartbeat is also launching a new dashboard focused specifically on social network engagement, and it’s beta testing a feature to track visitor data for your iPhone app.

Overall, it’s a real improvement. While I don’t think news-oriented sites like TechCrunch will stop focusing on our pageview counts anytime soon, this allows us to take a fresh look at our content, and to measure our success in different ways. (Plus, Chartbeat doesn’t just serve news sites — other customers including e-commerce services like Gilt Groupe and Fab.com.) CEO Tony Haile says that all of these new features are the result of three months of intense work, following a team decision that it was time to rethink the product.

As for the funding, Haile says he actually decided to raise a Series B about nine months ago, but took his time finding the right investor. Eventually, he settled on Draper Fisher Jurvetson, which led the round with previous investor Index Ventures. DFJ partner Josh Stein will be joining the board — Haile says he was particularly excited by Stein’s role in building other successful enterprise companies, including Box and SugarCRM.

Chartbeat has now raised a total of $12.5 million. Thanks to the new funding, Haile plans to expand the team pretty aggressively. With a larger workforce and more funding, he says the company will be able to tackle a lot of things that it has wanted to do but previously lacked the resources for — he isn’t ready to get too specific, but he says the big vision is to “blow people’s minds” with data visualization.

Oh, and in addition to all the news, this is also Chartbeat’s third anniversary. To celebrate, it created an infographic charting its growth. Now I’m not thrilled with the current flood of infographics, but as you’d expect from a company that’s built around data visualization, this one’s pretty good, sharing data points that are serious (5 million concurrent visitors to Chartbeat websites!) and less so (61,600 in-office pushups!).



Article courtesy of TechCrunch

IFTTT, A Glue Gun For Sticking Together The Web, Raises $1.5M Seed Round From Top Investors

Tags: , , , , , , , ,


Screen Shot 2012-01-04 at 8.19.13 AM

Want to instantly save all your Instagram photos to Dropbox when you take them? What about automatically updating your Twitter profile when you update your Facebook profile? Or, what about sharing any article you read in Read It Later to Twitter and Facebook, staggered by time via Buffer? A small bootstrapped startup called If This Then That has abstracted a simple set of tools to help you do each of these things, and many more.

And now it’s raised a big seed round of more than $1.5 million from some of the top angels and venture capitalists in tech.

We’ve talked about how IFTTT works a couple times already on TechCrunch, but here’s a quick review. The idea is that you choose from any of the enabled services, or “channels” in IFTTT’s terminology, then you choose a “trigger” action, and a resulting “action.” Or as the name suggests, If This [Trigger] Then That [Action]. The resulting set of actions is called “recipe,” which you can also share and borrow with other users on the site (follow the links at the top of the article for more details on the examples I listed).

Right now, the focus is on helping users easily share information between any two services, with phone calls with major sites like YouTuBe and Facebook on the list as well as startups like Diigo and ffffound. The reason the site has been getting traction is that anyone can pretty easily use it for a specific task they need done, that no particular web service is going to build for them. While he’s not disclosing more specific numbers, he says that over 500,000 tasks created, contained in some 14,000 recipes, with 90 million tasks being triggered to date at the current rate of 1 million per day.

As more and more web users become more sophisticated at using multiple sites for specific tasks, IFTTT is positioned to be the glue that binds them together. In and of itself, that’s a promising vision.

But as founder Linden Tibbets tells me, there’s an even bigger idea here, which is plugging the service into the so-called “internet of things” — meaning, connecting the web to physical devices to get more value out of them. A simple example of this, he says, could be outfitting your dog with a GPS-enabled collar, and setting up a geofence that triggers a call to your phone and emails to your next door neighbors to alert everyone about the escape.

That’s off in the future. In the meantime, Tibbets is planning to expand the team beyond its current two employees, and focus on refining core parts of the service. The site is overall extremely well-designed, especially for such an abstract concept — Tibbets worked as a developer at design firm Ideo for years, and that influence shows — but there are still has some rough edges. The simple, big-text interface has managed to guide a wide variety of users through it and get them hooked but some pieces of it, like the curly brackets section for setting up detailed actions, can be confusing to people who aren’t familiar with programming. Tibbets tells me that’s an example of something that he’d like to be able to sit down and figure out a better interface for, once he gets some more employees.

The list of investors includes: NEA, Lerer, Betaworks, Greylock, CrunchFund, Founder Collective, SV Angel, Roger Sippl, Peter Kirwan, Joshua Schachter, David Tisch, Ohad Pressman, and Gunderson Dettmer.



Article courtesy of TechCrunch

Enterprise SEO Platform Ginzametrics Raises US$1.3 Million From 500 Startups, Venture51, And A Group Of Star Investors

Tags: , , , , , , , ,


logo ginzametrics

Y-Combinator graduate and 500 Startups company Ginzamarkets announced it has raised US$1.3 million in seed funding for Ginzametrics, its SEO management and analytics platform for enterprises (our previous coverage). The fresh money comes from 500 Startups, Venture51, and a group of angel investors, namely Jeff Miller, Ullas Naik, Shogo Kawada (Co-Founder of Japanese social gaming giant DeNA), Ryota Matsuzaki (former Head of Strategic Planning at Rakuten, Japan’s biggest e-commerce company), Jay Weintraub, Aman Thapar and Stephen Culp.

This capital injection follows the US$400,000 Ginzamarkets raised from 500 Startups and a group of individual investors late last year. According to Ginzamarkets CEO Ray Grieselhuber, the new money will be used to expand the team, improve on the product, and bolster business development and marketing (the company says the growth so far has been entirely organic).

With Ginzametrics, enterprises can bring SEO in-house instead of having to rely on external agencies: the platform integrates with major analytics tools like Google Analytics or Adobe SiteCatalyst (amongst others) and fully automates SEO reporting and analytics.

Through a dashboard, enterprises can use Ginzametrics to filter effective and ineffective keywords, access ranking data across more than 35 global markets for hundreds of thousands of keywords (according to the company), and optimize content based on recommendations the service provides even on a page-by-page basis (per-page SEO analytics). Ginzametrics handles English as well as Japanese SEO.

Pricing information and an overview of all Ginzametrics features can be found here.



Article courtesy of TechCrunch

Andreessen-Horowitz Adds Jeff Jordan As General Partner, Leads $5M+ LikeALittle Series A

Tags: , , , , , , , , , , , , ,


Andreessen-Horowitz, the prestigious VC firm started by Silicon Valley veterans Marc Andreessen and Ben Horowitz, has just announced that it’s added its fifth general partner: Jeff Jordan, the former CEO of OpenTable and former executive at PayPal and eBay.

In conjunction with the news, A-H is also announcing Jordan’s first investment: a Series A funding round in hot Palo-Alto based startup LAL (also known as LikeALittle). When it’s completed, the round will total over $5 million in new funding for the company. Also contributing to the round are notable angel investors who include TechCrunch founder Michael Arrington (see below).

Oh, and we hear that LAL landed a valuation of over $35 million. Not bad for a startup that got its start last fall as a college flirting site.

This is actually A-H’s second investment in LAL in the last few months — it also participated in a seed round in late April. Neither Jordan nor LAL had much to share about LAL’s progress aside from the funding, but it’s clear that A-H has high hopes for the company and how it will deliver local context (which is a problem plenty of other apps are trying to solve as well).

As for Jordan’s addition as a partner, Marc Andreessen says that the firm has been on a two-year search as it sought to expand the team (in addition to Andreeseen and Horowitz, the other general partners are Scott Weiss, John O’Farrell, and now Jordan). Andreeseen says that over the course of many conversations with startups, Jordan’s has been a name that regularly comes up —either as someone that a startup already has, or wished they had — as a board member or advisor.

You can find LAL founder Evan Reas’s blog post on the funding here.

Note: As noted above, TechCrunch founder Michael Arrington is investing in LAL. You can read more about his investment policy here.



Article courtesy of TechCrunch

Scribd Raises Another $13 Million, Aims To Bring Social Reading To Every Device

Tags: , , , , , , ,


Scribd, the document sharing hub that launched as a ‘YouTube For Documents’ and has since added other key features, including an online bookstore and a publisher analytics platform, has raised another big round of funding: it’s just closed a $13 million Series C round led by MLC Investments and SVB Capital, with participation from existing investors Redpoint Ventures, Charles River Ventures, and Kinsey Hills Group. The round brings Scribd’s total funding to over $26 million since it first launched in 2007 — it closed its $9 million Series B in December 2008.

CEO Trip Adler says that the money will primarily be used to expand the team, which is current at around 45 employees. New hires will mostly come on the engineering side, with personnel also being added to Scribd’s business development and sales teams. Adler also says that Scribd has an agressive product roadmap for the next six to twelve months — a key piece of which will be mobile.

Adler says that Scribd’s goal is to make any piece of written content readable and sharable on any device, and the surge in mobile will obviously play a big part of that. He wouldn’t get into specifics as far as what we should expect for Scribd’s mobile products, but says that it’s more complex than a HTML5-based reader (Scribd launched an impressive HTML5-based text rendering engine in May). Oh, and in case you’re wondering, Adler says that the company definitely isn’t planning on producing a physical reading device of its own.

In terms of growth, Scribd currently draws sixty million monthly uniques, and has around 15% growth month over month.

Scribd has been the leading service for social, online reading for quite a while now, but there’s an increasing amount of action in this space from Amazon (via its Kindle platform) and Google (via Google Books). Neither of these are particularly social yet, but Kindle recently started allowing users to ‘lend’ their books to friends for two weeks (which the Nook can do as well), and other social features are likely to follow eventually — a more robust Kindle community would make sense. Of course, Scribd’s corpus of content includes millions of user-uploaded documents, while Kindle and Google Books are mostly focused on published works.

Information provided by CrunchBase



Article courtesy of TechCrunch

May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031