News Byte

“Cross-Device” Ad Tracker Drawbridge Rounds Up $6.5 Million From Sequoia, Kleiner Perkins

Drawbridge, an ad tech start-up founded by AdMob engineer Kamakshi Sivaramakrishnan, has raised $6.5 million from Sequoia Capital and Kleiner Perkins Caufield & Byer. Drawbridge says it can help marketers target potential customers by tracking them as they move around from device to device — like from a laptop to an iPhone. Sivaramakrishnan put in six months at Google after it acquired AdMob, before starting her own company.

Video Ads + App Ads = Vungle, a Freshly Minted Start-Up With a Big Pile of Cash

A start-up that didn’t exist last fall now has a $2 million seed round.
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Notes From ArabNet

If debates rage about the meaning of the past year in the Middle East, one would not sense much doubt among the regional entrepreneurs and early stage investors gathered in Beirut.

News Byte

Mobile Ad Network Millennial Media Nearly Doubles on First Day

A big pop for Millennial Media: Shares in the mobile ad network, which priced at $13 in advance of its IPO yesterday, shot up immediately Thursday morning to $25; climbed as high as $27.90; and ended back around $25, up 92 percent. That gives the money-losing company a market cap of $1.9 billion; Google and Apple paid much less to acquire Millennial’s primary competitors in the last few years.

Google Says There’s Not Always a Mobile Web Site for That

While there may be an app for that, there’s likely not a mobile Web site. Google kicks off an awareness campaign with an initiative to learn how mobilize your Web site.
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Mostly Sunny With 100 Percent Chance of Apples

The forecast is certain. Tomorrow, Apple will rain features from the Cloud, and it’s a very big deal.

Google Calls Justice Department Second Request on Motorola Deal “Pretty Routine” (If Four Percent Is Routine)

The acquisitive search giant plays the odds again in Washington, D.C., with handset purchase.
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Google Can’t Say Hello to Hulu Now. (Can It?)

Way down on the list of ripple effects from the Google-Motorola deal: The notion that Google could buy Hulu gets even harder to take seriously. Then again, obscene amounts of money always help.
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AT&T Subsidiary Creates AdMob Competitor That Is Local

A subsidiary of AT&T known best for its yellow-pages products is launching a mobile ad network that will go head to head against Apple’s iAd and Google’s AdMob.
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Ex-AdMob Employees Make Paying for Things on the Phone a Snap

A company founded by two former AdMob employees, and funded in part by AdMob’s Founder Omar Hamoui, is coming out of stealth mode today to unveil a new way to make paying for things inside applications much easier.
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Apple Cracks Down on App Cross-Selling

LinkedIn Hires VP Engineering From Google

Ex-AdMob Crew Lands Cash to Start Rival