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Five Startups for $16 Million: Yahoo’s Mayer Is Buying Up Most Mobile App Companies on the Cheap
Warm entrepreneurial bodies: Priceless!News Byte
Yahoo Snaps Up Two More Small Mobile Companies — MileWise and GoPollGo — In Ongoing “Acqhires” Effort
In its ongoing quest to snap up every small mobile startup around, Yahoo said today that it had bought travel rewards app MileWise and GoPollGo, a social polling app. Both services will be shut down, and staff will be integrated into the Silicon Valley Internet giant’s burgeoning New York mobile team. In recent months, Yahoo has acquired Stamped, Summly, Astrid and more, as part of its efforts to build out its mobile offerings.“Bromance Gone Awry” and Other Instagram Tidbits on Bloomberg West (Video)
I don’t love you, man. Sigh.The Money Shot: Kara Swisher on Instagram’s Billion-Dollar Ride in Vanity Fair
There’s no picture of the moment when everything changed for Kevin Systrom.News Byte
Predictive Data Startup Infer Raises $10M From Redpoint
Infer, a Palo Alto, Calif., startup that makes data-focused business apps to help companies target their best potential customers, said it has raised $10 million in a Series A funding led by Redpoint Ventures. Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures and angel investors also participated in the round. Infer, which is profitable, mines a range of data to determine those with the highest propensity to buy. Along with the funding for its “predictive customer scoring model,” Satish Dharmaraj of Redpoint Ventures will join the company’s board.News Byte
Yahoo Ups Its Apple Apps, Including New Standalone Weather Offering
According to 9to5Mac, as well as sources I checked with, Yahoo is set to introduce a new weather app for the Apple iPhone and iPod, as well as an iPad version of its Yahoo Mail service. While the tablet version of its email app is a long time in coming, the weather app is an interesting wrinkle, given that the Silicon Valley Internet giant is the source — actually using data from the Weather Channel — for Apple’s default weather app on the iPhone and iPod. In Yahoo’s Q1 earnings call earlier this week, CEO Marissa Mayer pointed out that although Yahoo does not directly monetize its Apple weather app relationship, it benefits from links taking users back to its website. Yahoo also provides data for Apple’s preinstalled stock app, and offers a standalone weather app for Google’s Android.Circa’s Matt Galligan on Building a Different Kind of News Reader (Video)
Mobile news apps are hot. Summly just sold for a ridonkulous amount of money, for example. So what’s up with the “atomic bits” list-makers of the San Francisco?News Byte
Matrix Partners Adds Two New EIRs
Matrix Partners has added two new entrepreneurs in residence, Kevin Barenblat and Mihir Shah. Barenblat founded social music app SpotDJ and Context Optional, a social marketing software startup which was bought by Adobe. Shah was the former CEO of mobile advertising platform Tapjoy, and also worked at social app firm RockYou and QuinStreet, a performance marketing firm. Both will focus on cloud, mobile, consumer Internet and ad tech at the Silicon Valley venture firm.News Byte




