SparkLabs, the startup accelerator that wants to inject South Korea’s startup ecosystem with Silicon Valley expertise, announced its second intake today. Its latest class is an international lineup of companies that represent a variety of sectors and are at widely different stages of funding, from bootstrapped financing to those that have closed a Series A round.

Founded in 2012, SparkLabs’ offers a three-month-long mentorship driven program. Co-founder Bernard Moon says that one of the main challenges faced by South Korea’s startup industry is the lack of role models and guidance for founders. For example, many angel investors and venture capitalists have a financial background but lack entrepreneurial experience. SparkLabs has focused on building an impressive roster of mentors, many of whom are Silicon Valley founders.

“We’re not the first accelerator or incubator in South Korea, but we are the first with a tangible outside network that is easily accessible by Korean entrepreneurs,” says Moon. “We also get applications from China, India, Taiwan, everywhere in Asia. Our dream is to be a gateway not just into Silicon Valley, but also to high-level people these founders never thought it would be possible to access.”

While SparkLabs’ first class consisted of South Korean companies hoping to break into overseas markets, the latest intake include companies from Singapore and the U.S. that view South Korea as a gateway into Asia.

“They see South Korea as more developed in terms of technology and a large early adopter base. A good foothold and feedback in South Korea helps them expand into Japan and possibly China,” says Moon.

SparkLabs is also hosting its first annual conference, NEXT, on June 14 in Seoul. The event will focus on innovation and technology, with speakers including Ray Ozzie, the founder and CEO of Talko, Richard Florida, author of “The Rise of the Creative Class,” Maria G. Gotsch, president and CEO of Partnership Fund for New York City and Jonathan Levine, CIO and CTO of Rakuten Group.

SparkLabs’ inaugural cohort included educational tech startup KnowRe and WePlanet, the developers of Step Journal. Here is its second class:

StyleWiki: A Seoul-based social wiki platform for fashion enthusiasts.

iBabyBox: A Palo Alto-based online community where parents can share and sell secondhand baby products.

Megaphone: Founded in New York City, this participation TV platform’s clients include NBC, Bravo, BBC, Amex, LG, Sprint, NFL and the New York Knicks. Megaphone integrates game graphics that can be controlled by Web browsers into TV shows and allows viewers to see aggregated results of all user activity and 30-second ads in real-time.

MangoPlate: A mobile app that offers personalized restaurant recommendations in Seoul. Its search engine fine-tunes results each time a user adds a review or wish-list entry.

Zoyi: A Korean tech company that has built products including AdbyMe, Korea’s first social media advertising platform and Cooki, a news summary curation service. Zoyi is backed by Southbridge Capital, a leading Korean venture capital firm.

HeyBread: One of Korea’s leading curation commerce companies, HeyBread focuses on delivering premium organic breads from local bakeries to customers. The company plans to expand its service to the entire fresh food industry.

Petsbe: A Seoul-based premium subscription service that delivers personalized orders of pet food and monthly supplies.

Lateral: Headquartered in San Francisco, Lateral wants to redefine the fundamentals of online search by revamping outdated search methods.

DesignPlusD: A Seoul-based productivity app that includes note taking, alarm reminder and calendar functions. The company’s Remember-Block memo app was the App Store’s number one productivity apps in 12 countries and was the top paid app in South Korea during January.

TrakInvest: A Singaporean online social investment platform for equities that will be launched next month. The company, which is led Bobby Bhatia, the former managing director and head of principal investments at AIG for APAC, provides tools to identify and create future “alpha” generators. It has partnered with Thomson Reuters to provide research and analytics to its user base.

Article courtesy of TechCrunch

China’s e-commerce giant Alibaba and Qihoo 360 have teamed up to launch 360.etao.com, an online shopping search engine that rivals similar products by Baidu, the search giant known as “China’s Google.”

Qihoo’s new relationship with Alibaba is noteworthy because Alibaba dominates China’s $190 billion e-commerce market through two of its portals, Taobao and Tmall, and is on its way to becoming the first online retail company in the world to handle $1 trillion a year in transactions.

The launch of 360.etao.com, which currently points to Alibaba’s vertical shopping search engine Etao, is part of aggressive efforts by Qihoo 360 to chip away at Baidu’s dominance in China’s search market. Baidu has 67.2% market share and Qihoo 360 holds 14.9%, according to data from analytics firm CNZZ.

Qihoo 360, which launched its search engine just nine months ago, declared in February (link via Google Translate) that it intends to double its current market share to 20% this year. Other competing products Qihoo 360 has produced include vertical search engines focused on music, software, doctors and mapping services.

Qihoo has sought allies among China’s most important Internet companies. One of its current partners is Sina, which runs Sina Weibo, the country’s largest and most influential microblogging platform. The two companies signed a strategic browser game agreement in January.

Baidu has not been sitting idle. It recently launched security software designed to compete with Qihoo 360′s products (before entering the search business, Qihoo was best known for its antivirus software) and is reportedly trying to increase its share of the search market by purchasing Sogou, Internet company Sohu’s search engine. Baidu also prevailed in a lawsuit that accused Qihoo 360 of engaging in unfair business strategies.

Article courtesy of TechCrunch

Walmart, via its Silicon Valley innovation lab @WalmartLabs, announced today the acquisition of two startups: cloud computing newcomer OneOps and the software development shop Tasty Labs, from Delicious founder Joshua Schachter. Tasty Labs offered two services Jig.com and Human.io – both domains which are now redirecting to Walmart’s acquisition announcement, along with that of their corporate parent.

Walmart declined to disclose deal terms.

OneOps developed a Platform-as-a-Service (PaaS) capability that Walmart explains will enable it to “significantly accelerate” its PaaS and Private Cloud Infrastructure-as-a-Service (IaaS) strategies. The company offered developer tools built from the ground up for those who host their applications on cloud services like Amazon’s Web Services, for example, as well as Rackspace and HP Cloud. Developers could publish to any cloud, and seamlessly port their apps elsewhere as needed, eliminating lock-in.

The company offered a library of predefined building blocks to quickly bootstrap an application, which could be visually assembled in its interface. A variety of categories such as content management (ex. Drupal, WordPress), e-commerce (ex. Magento), enterprise portals (ex. Liferay), and more were available.

OneOps was named one of 12 Hot Cloud Computing Companies Worth Watching by Network World, and was a finalist at the GigaOM LaunchPad Competition.

“Walmart is looking to create a best-in-class global eCommerce platform to power ‘anytime, anywhere’ shopping for our customers. The Platform team has been working tirelessly to build the tools to help our developers deliver big site changes faster,” explains Walmart Public Relations Director Ravi Jariwala in a statement. “We are innovating on a very large scale, and OneOps brings us tools that will allow us to move even faster toward a global platform.”

Meanwhile, Tasty Labs was founded in 2010 by a team which includes ex-Mozillian Nick Nguyen, HousingMaps creator Paul Rademacher, and Joshua Schachter, who was best known for founding of of “web 2.0″‘s finest: the social bookmarking service Delicious. The company had raised $3 million in Series A funding from Union Square Ventures, Andreessen Horowitz, and other unnamed angel investors.

The startup launched its first product Jig.com in 2011, which was described as a “marketplace for needs” – meaning users would post “I need…” and others would respond to help them. The following year, it debuted Human.io, a micro-task service operating in the space general space. This application targeted businesses with small requests – like wanting to know how many people were in line at a store, for example, or getting people to take short surveys on their phone.

Schachter once described Human.io as a way to “build tiny little microapps and distribute them to a mobile client.” He said it was a combination of things the team loved: “Mobile, Mechanical Turk, MapReduce, and Twilio.”

Going forward, Tasty Labs staff will join Walmart’s Product and Mobile teams, Walmart says, in an effort to build out the company’s e-commerce platform.

Walmart Labs is known for snapping up early stage startups to test new ideas in e-commerce some of which eventually get folded into the company’s e-commerce site and other online operations. In the past, it has acquired startups like Kosmix, OneRiot, Grabble, Small Society, and others. Kosmix’s Social Genome technology was used in an earlier @WalmartLabs creation known as “Shopycat,” a social-gifting platform that debuted just before the 2011 holiday season, and Kosmix later formed the basis of a new search engine named “Polaris” which now powers Walmart.com.

Article courtesy of TechCrunch

500 Startups today is announcing the next 28 companies to take part in its Accelerator program, unleashing a largely international class of startups who have come to Mountain View to accelerate their startup progress. There are 28 companies in this Accelerator class, and as usual there’s a bunch of diversity there. (And, as has become tradition, the class made a ghetto fabulous music video to accompany the announcement.)

The group is more than 70 percent international, with 20 companies coming from outside the U.S. That’s no big surprise, as about 15 percent of the 500 Startups portfolio in general is made up of companies outside the U.S., but over the last several batches, the accelerator has skewed heavily toward overseas and non-Silicon Valley companies.

This class includes startups from Brazil, Chile, China, Ghana, India, Israel, Japan, Jordan, Mexico, Spain, Switzerland, Taiwan, Ukraine and Vietnam. With Dropifi (Ghana), as well as Dakwak and Tamatem (both from Jordan), the 500 Startups Accelerator has added its first companies from Africa and the Middle East.

Notably, this batch was the first which was chosen entirely through applications posted to AngelList, so it no doubt includes a few startups that 500 Startups founding partner and Sith Lord Dave McClure probably wouldn’t have heard about otherwise.

The program began mid-April, and 500 Startups expects to have its Demo Days in Mountain View, San Francisco, and New York City sometime in July. In the meantime, enjoy the music video they put together to announce themselves, below. Oh, and here’s the list of startups:

• AppSocially – Make your app’s Viral Loop awesome with an API that lets you track activity and conversion – allowing you to take action using customer data.
• BinPress – We increase adoption of open source in SMBs and enterprises.
• BoxC – We make buying directly from sellers in China as fast and safe as buying from Amazon.
• Credii – We arm businesses with all the intelligence they need to make smart software and service choices.
• Dakwak – Effortless website translation technology.
• Dropifi – An intelligent replacement for mailtos
  and dumb contact forms. It makes customer support more effective, increases lead generation and generates valuable business insights.
• Feast – The online cooking school for the common man. It offers simple cooking guides that teach impressive techniques and recipes with an online community where you can ask questions and get feedback as you cook.
• Floqq – Makes it easy for anyone anywhere to learn the skills they need.
• Flyer – We empower commercial real estate agencies to create beautiful property flyers online.
• Geekatoo – We offer local and onsite tech support at a great value. Customers receive competing bids on tech support needs from verified providers.
• GreenGar – Seamless realtime collaboration on mobile devices. We’re building a platform that enables apps to intuitively connect people together.
• InstaGIS – Geographic information system that allows retail stores to target their audiences.
• KiteReaders – Publishing platform for publishers & authors to create, distribute, and market their children’s picture books for iBooks, Kindle, and Nook.
• Koemei – Algorithmic transcription of videos for search and accessibility, helping education and large enterprises gain value from their video investments.
• Mayvenn – Empowers the 95 percent of African American salons that do not retail products. Our mobile commerce solution eliminates a salons inventory cost and opens a new revenue stream for their business.
• PinMyPet – Social-based software for monitoring and improving the experience between pets and owners. It works with powerful, small and low-cost hardware for realtime health and location detection.
• POPAPP – App to fast sketch app prototypes.
• PriceBaba – PriceBaba is a product (re)search engine that lets you shop in your vicinity.
• Reesio – Turns the real estate transaction process into one beautiful flow for agents, clients, and third parties.
• School Admissions – Making school admissions and education tension-free. Disrupting the process of choosing the right school for your child and parents.
• Seat 14A – A complete and affordable ensemble for the discerning man every week.
• SeMeAntoja – We empower restaurants to accept orders online.
• Sverve – Sverve is a self-service influencer marketing platform for small businesses. We connect small businesses with female social media influencers to promote their products and services on the social web.
• Tamatem – Tamatem is a mobile gaming development studio and publisher focused on creating culturally relevant games for the huge unaddressed Arabic gaming market.
• TRDATA – We are the Bloomberg for emerging markets. We collect accurate real-time market information from remote places from scattered and illiquid markets.
• Tushky – Self-service online platform to monetize free time by offering interesting activities.
• WHILL – Next generation of personal mobility for wheelchair users and the elderly.

Article courtesy of TechCrunch

In the interest of protecting children, a new iOS application called AppCertain has debuted a monitoring application aimed at parents. The app, whose goal is to alert parents about the nature of the applications their kids are downloading, involves the use of a “configuration profile” – special software Apple originally intended for enterprise use, not consumer-facing apps sold through its App Store marketplace.

But Apple reviewed the application – for longer than most, founder and CEO Spencer Whitman tells us – and subsequently approved it. For how long that will remain the case, however, is unknown.

“We think we are on a gray line with respect to Apple, but we don’t really know,” Whitman admits.

Configuration profiles, for those unfamiliar, were designed for the enterprise environment, allowing I.T. departments to manage the iPhones and iPads used by a company’s employees. They’re typically employed by Mobile Device Management solutions which use the software to configure, track and/or restrict a number of system-level settings like Wi-Fi, VPNs, app settings, permissions, and more.

But more recently, a handful of startups have started using these same profiles to work around Apple’s App Store’s restrictions in order to accomplish tasks which wouldn’t otherwise be possible. Apple is aware this is happening, and seems to be handling each app submission on a one-off basis for now.

We’ve seen mobile data compression utilities like Onavo and Snappli take advantage of the technology to intercept, re-route, and compress web data in order to save users’ bandwidth, for instance. Social search engine Wajam also uses a configuration profile to inject its own search results into Safari, though this is done outside of the Apple App Store.

Onavo is still live on the Apple App Store today, though Snappli has since disappeared. (We reached out to the company for details, but have yet to hear back. It’s possible that Apple simply didn’t care for the fact that Snappli had publicly shared data showing how iOS users were dumping the then newly-launched Apple Maps application.)

But frankly, it seems odd that Apple would knowingly ever let these types of applications into its consumer-facing app store in the first place, given the security risks they could pose. If used unscrupulously, a malicious configuration profile could remote control a user’s device, manipulate user activity, and hijack their sessions, or so explained security researchers at Skycure back in March.

AppCertain isn’t a malicious developer, though, and its intentions are not to control or restrict how an Apple device is used, which would then be stepping on top of Apple’s own, built-in Parental Control features. Instead, it only monitors app downloads and reports back to parents via email that an app was downloaded, explaining what the app does, as well as what sorts of permissions it requests, and more.

The idea is to alert parents about the apps their child uses, including whether or not they have educational value. It doesn’t prevent the child from actually downloading or installing apps.

The service, staffed by a number of Carnegie Mellon University alumni, first launched to the web in February after being incubated by seed and studio fund Birchmere Labs.

Whitman explained at the time that the company wanted to help busy parents, who often have a hard time keeping up with what their children are installing and using. It’s not only a problem that affects tech novices, he had said. Even savvy parents often forget or get too busy to keep a close eye on their children’s devices. And these devices, little mini-computers that they are, are not without risks.

Parental Controls Outside Of Apple’s Control

While AppCertain is trying to go the official, Apple-approved route with its creation, another company, a small German app consultancy called Mocava, is not. Its new Parental Control application is an over-the-air install only, knowing that Apple would never approve it for App Store download.

Mocava owner Vinh Phuc Dinh says that he created the app to address a situation he found himself in all the time. “I have many nephews, and would pass on my device for them to play,” he tells us. “Unfortunately, there is no easy way to restrict access on the iPhone and save the desired preferences. So we built it ourselves.”

What he means is that though Apple offers parental control features, it’s not the right solution for those who only need controls on occasion. With his Parental Control App, you can quickly turn on restrictions without having to reconfigure them from scratch them each time you hand your phone or iPad to a child. Even if Apple’s restrictions are turned off, the tool will remember your settings.

You can restrict certain default apps from being accessed or certain content from being viewed. You can disable in-app purchases, or specify that an App Store password is always required, and more. To get started, you configure your settings on the web, then download the profile the company provides.

The mere fact that this app and AppCertain even exist speaks to one of the problems with Apple’s strict control over its OS. Unlike on Android where apps like  KIDO’Z, Kytephone, Play Safe, Kid Mode and others allow parents more granular control and insight, Apple’s settings are cumbersome. If you turn on age restrictions, for example, the child can’t watch Netflix. You can disable the web browser, but not whitelist websites, and so on.

These devices are computers, and while parents may disagree on what level of involvement on their part is necessary, it’s fair to say that as with “real” computers, children – especially young children – shouldn’t be given free rein with no parental oversight. Too many parents think of iPads as toys, blindly typing in their password every time their kid begs for a new app. They, perhaps, put too much trust in Apple’s “family friendly” policies – just because apps are rated and ranked, pornography or gore-free, that doesn’t make everything appropriate for every child.

It will be interesting to see how far Apple allows these companies to push into this new territory, before it decides to crack down or otherwise change its policies.

AppCertain is available for download here on iPhone and iPad.

Article courtesy of TechCrunch

So what does a high Klout score actually get you? The influence-measuring startup already offers prizes through its Klout Perks program, and there are bragging rights (unless your friends think you’re a loser for caring about your Klout score). Now Klout is asking users who are influential on a given topic to answer short, factual questions through the new Klout Experts program.

It sounds like the program won’t be rolled out to every user today, but when it is, you might Klout and be prompted to answer a question like “What is the best way to care for tulips?” or “What is the best place to take your date in the city?” You’ll have 300 characters with which to offer your answer. (Why 300? Co-founder and CEO Joe Fernandez said 140 characters isn’t always enough, but he wanted to keep the answers direct and to the point.)

Fernandez told me that Klout is working closely with Bing on this feature, so if there are relevant answers on Klout, they’ll be featured prominently when people search for a given question on Bing. Fernandez said the search engine team is also suggesting future questions that Klout could ask its users. At the same time, while Klout doesn’t have the same cozy relationship with Google, the answers should show up there, too.

For now, Fernandez said he expects most of the Klout Experts traffic to come from Bing, but you can also browse the content on the Klout site itself. The company will be highlighting recent answers from your friends. Fernandez also suggest the on-site experience will improve over time. For one thing, he said users’ various answers to a single question are currently being sorted on a single page by human editors, but Klout is working on a voting system where people can endorse the answers they like — though you can only vote if you’re influential on that topic.

Fernandez suggested that this could eventually integrate with Perks and Klout for Business — for example, businesses could start asking their own questions and offer Perks for good answers.

When he described the new feature to me, I asked if people might think he was basically turning Klout’s user base into a content farm. Fernandez countered that these answers are going to be tied to people’s real identities, and emphasized that they won’t be able to post unless they’ve got a good score.

“What we’re good at is understanding the quality of engagement,” he said, adding that Klout scores are “a really good fitness function” for ensuring that people will create high-quality, useful content.

But why is Klout getting into this business at all? Well, Fernandez argued that Klout has become “the standard” in measuring online influence, so now it can start building other applications and uses on top of that system. Klout Experts is the first example of that.

“Influence and reputation is our platform,” he said.

Nonetheless, he also acknowledged that creating the feature has been a bit of a shift, pushing Klout to hire people who have more experience on the editorial side and with user-generated content: “How do we get people from Yelp versus Google Analytics?”

The Experts program is currently focused on technology, food, music and travel. You can view some sample answers here and here and sign up for early access here.

Article courtesy of TechCrunch

LinkedIn, now at 225 million users, continues to introduce more features to its site to keep people returning to the it and staying there for longer. Today it’s the turn of LinkedIn Today, its social news page, which is getting a new feature called Channels. The feature is rolling out starting today to English-speaking users. LinkedIn says that it plans to announce the service formally on Wednesday.

Channels bring together curated content around general subjects like technology, marketing strategies, retail and healthcare — 20 in all, with more getting added soon — with each one combining popular posts from news sources with those from selected influencers in the given topic.

Channels will be replacing “industries,” a feature that has been around since LinkedIn first launched LinkedIn Today in 2011. Industries were both more specific in terms of what they covered, and also more geared at news that was trending on the site, and specifically among your contacts.

Channels, on the other hand, attempts to be more interdisciplinary, making use of the idea that there will be people interested in “social media” who are not social media professionals. It also gives some more mileage to the list of 250+ influencers that LinkedIn introduced in October 2012, with their posts also getting rolled into the news mix. It looks like over time, this could also include added multimedia such as presentations using SlideShare and more.

“We believe Channels better represents the content and topical conversations professionals are discussing and sharing on LinkedIn, which go beyond specific industries,” said spokesperson Julie Inouye. “Topics like Entrepreneurship and Your Career are applicable to more than just one industry.”

Last week’s quarterly earnings showed LinkedIn still beating sales targets and earnings estimates, but the company’s stock still took a hit on evidence that revenue growth is slowing down. In that sense, the move to enhance LinkedIn today is more about improving the time its audience spends on the site, and the subsequent knock-on positive effect this could have on advertising, rather than as a direct route to revenue itself.

“Our influencers are not compensated to share their unique insights on LinkedIn and we do not have plans at this time to monetize our Channels pages or our Influencer platform,” Inouye said.

In the last several months LinkedIn has introduced a number of changes. They’ve included upgraded, more media-enhanced profiles; a Contacts update to add in more “personal assistant” life organizing features; new iPhone and Android apps; an expanded search engine; @mentions in status updates; Klout-style endorsements; and a Recruiter homepage redesign for the site’s most dedicated user vertical. As with many of these other enhancements, LinkedIn Today, and its new channels feature, offer a more slick look and more functionality.

Product manager Kevin Gu notes that among the new features that will come along with the new channels will be the ability to see the updates from channels on your own homepage stream; the ability to sort content either by most recent news or most popular features; and a look at the top influencer posts on a given day. On top of this, users will also see channels making their way to their LinkedIn email digests, which will now include influencer posts, trending professional news as well as Slideshare content.

Article courtesy of TechCrunch

Shopping search engine TheFind is debuting a more personalized search feature today. Personalized search sifts through the millions of online products available to give you personal results based on a combination of both your Facebook “Likes” and past shopping searches and clicks on TheFind.com.

TheFind, which launched back in 2006, is a comparison shopping site that surface and categorize more than 500 million product offers from 500,000 stores. The company was recently granted a patent (the seventh in TheFind’s portfolio of patents) for the “Method for Relevancy Ranking of Products in Online Shopping,” and as the company’s CTO Shashikant Khandelwal explains, TheFind wants to rank products based on your social and shopping habits to give you exactly what you want faster.

For people who sign in with Facebook Connect, personalization of your results is based both on your demographics (gender, age etc) and your Facebook Likes and also activity on TheFind. Obviously, the more active you are on TheFind and Facebook, the more tailored the search results will become. So if you are searching for jeans, you’ll see the stores that your friends liked and results from those stores will rank higher than others.

This isn’t the first time TheFind has attempted to incorporate social data into the shopping experience. Back in 2010, TheFind debuted Facebook Connect, and last year debuted Glimpse, a Pinterest-like Facebook shopping discovery app. Now TheFind is hoping adding social to the search experience will help conversions. Another startup playing in the similar space is Lish, the new social shopping app from Payvment.

Article courtesy of TechCrunch

LinkedIn today announced another upgrade to its site, part of a bigger plan to add more features and reasons for people to hang around on its pages for longer: this time it’s the turn of profile pages, where users will now be able to add more images, videos, resumes, presentations and comments and likes from other users as part of the mix. While the site continues to add more features to make itself more “social,” profile sharing — that is, the ability to send over a link to someone to be able to view your profile, and then sharing certain aspects of it, such as a resume or presentation — will not be coming today, but a spokesperson says that this will be available soon.

The feature is being turned on across the whole of the LinkedIn network starting from today.

This will be a useful way for LinkedIn to continue to further its reputation as the go-to place for people looking for jobs, and for professional networking.

But it will also help pretty up the general experience. Up to now, regardless of what your profession or job is, every LinkedIn profile looked exactly the same as the other. Now, the idea is that if you’re an architect, you can expand your profile with more dynamic pictures of buildings you’ve designed; or if you’re a tech analyst, you can include links to some of your recent research. No two job seekers are alike.

This also means that LinkedIn is introducing one more way that it might, potentially, monetize the site. Although today’s profile features are all free of charge, you can see how, for example, LinkedIn might put a premium on extra services (like Sharing, only “coming soon”), or more storage space — for example to hold more content on your profile page.

This also gives LinkedIn an interesting entry into both the area of companies looking to “own” the online profile space, such as About.me and Flavors.me, as well as GetHired, Grouptalent, HireArt, BraveNewTalent, and ResumUp.

Today’s news comes on the heels of a number of updates at LinkedIn — all also made to improve the user experience and usefulness of the platform. They include a Contacts update to add in more “personal assistant” life organizing features; new iPhone and Android apps; an expanded search engine; @mentions in status updates; Klout-style endorsements; and a Recruiter homepage redesign for the site’s most dedicated user vertical.

Article courtesy of TechCrunch

Accel Partners is making a big talent announcement today, with former Groupon COO and Yahoo exec Rob Solomon joining the firm as a venture partner.

Solomon last served as Accel-backed Groupon’s President and COO. As AllThingsD reported, Solomon left the deals company in 2011.

Prior to his time at Groupon, Solomon was a venture partner at Technology Crossover Ventures, which he joined after selling travel search engine SideStep to Kayak for $200 million. Before the Kayak sale, Solomon was the VP of Yahoo Shopping and a member of the company’s executive management team. Solomon also sits on the board of directors for HomeAway, and HighGear Media (backed by Accel Partners and Greylock). He’s also been an active angel investor, investing in Trippy and a number of other startups.

As Venture Partner, Solomon will be evaluating early stage and growth equity opportunities with Accel. He will also advise the firm’s portfolio companies on a wide range of strategic and operational issues like product management, scaling infrastructure, business operations, and mergers and acquisitions. Clearly Solomon’s experience as an entrepreneur, executive and investor should help Accel’s portfolio companies.

Article courtesy of TechCrunch