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Led by Greylock, Social App MessageMe Raises $10 Million
MessageMe, the mobile application that offers free text, photo and video messaging between smartphones, announced Tuesday that it had raised a $10 million round led by John Lilly of Greylock Partners — who will join the board of MessageMe makers LittleInc Labs — with participation from existing investors Andreessen Horowitz, True Ventures, Social+Capital and others. The company said it currently has more than five million users on its service.
News Byte
Orchestrate.io Closes $3 Million Seed Round
API service startup Orchestrate.io announced on Tuesday that it had closed a $3 million seed investment round. The round was led by True Ventures, with participation from FrontLine Ventures and Resonant Venture Partners. The funds will be used for hiring, as well as for expanding infrastructure to work with multiple partners across the world in the coming year.
News Byte
Discovery Startup Newsle Raises $1.65 Million
Newsle, a news discovery startup, announced Monday that it had raised a $1.65 million Series A round of venture capital. The round was led by American City Business Journals, a subsidiary of Advance Publications, with participation from Maveron, DFJ, Transmedia Capital, and angels investors Launny Steffens and Rockwell Schnabel. Newsle lets users find published articles that mention their contacts or people they’ve chosen to follow on the service.
New Hangouts App Conflicts With Google Voice Feature; Fix Coming
Tough luck for Google Voice loyalists, as the new Hangouts messaging product denigrates a key function of Voice. Change is coming, but it could be a while.One Year After IPO, Facebook’s Biggest Bets Could Take a Long Time to Pay Off
The products that could do well for Facebook’s bottom line still have a long way to go. Will Wall Street stay patient?News Byte
NYT Digital Head Joins EA Board of Directors
Game giant Electronic Arts announced Friday that Denise F. Warren, head of digital products and services at the New York Times, will join its board of directors. Warren replaces outgoing board member Greg Maffei, who sat as a director for a decade (his departure, according to EA, is due to his commitments with Liberty Media, where he is CEO). Before taking over digital products, Warren was the NYT media group’s general manager and chief advertising officer.News Byte



