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	<title>AllThingsD &#187; Founders Fund</title>
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		  <title>All Things Digital</title>
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		<title>L.A. Stories: HipSwap Tries to Take the Creepy out of Craigslist (Video)</title>
		<link>http://allthingsd.com/20120402/l-a-stories-hipswap-tries-to-take-the-creepy-out-of-craigslist/</link>
		<comments>http://allthingsd.com/20120402/l-a-stories-hipswap-tries-to-take-the-creepy-out-of-craigslist/#comments</comments>
		<pubDate>Mon, 02 Apr 2012 17:56:24 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[AirBnB]]></category>
		<category><![CDATA[angel]]></category>
		<category><![CDATA[app]]></category>
		<category><![CDATA[boutique]]></category>
		<category><![CDATA[buying]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[celebrity]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[Craigslist]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Foursquare]]></category>
		<category><![CDATA[Greycroft Partners]]></category>
		<category><![CDATA[handwriting recognition]]></category>
		<category><![CDATA[Hank Vigil]]></category>
		<category><![CDATA[HipSwap]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[item]]></category>
		<category><![CDATA[Jason Rapp]]></category>
		<category><![CDATA[Kyle Richards]]></category>
		<category><![CDATA[L.A.]]></category>
		<category><![CDATA[local]]></category>
		<category><![CDATA[Los Angeles]]></category>
		<category><![CDATA[marketplace]]></category>
		<category><![CDATA[merchant]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[New York City]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[photo]]></category>
		<category><![CDATA[Pinterest]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Rob Kramer]]></category>
		<category><![CDATA[Santa Monica]]></category>
		<category><![CDATA[selling]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[stuff]]></category>
		<category><![CDATA[The Real Housewives of Beverly Hills]]></category>
		<category><![CDATA[transaction]]></category>
		<category><![CDATA[visual]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=191988</guid>
		<description><![CDATA[The mobile app-heavy service allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then -- presumably -- sell.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120402/l-a-stories-hipswap-tries-to-take-the-creepy-out-of-craigslist/img_1357/" rel="attachment wp-att-191989"><img src="http://allthingsd.com/files/2012/04/IMG_1357-380x285.jpg" alt="" title="IMG_1357" width="380" height="285" class="alignright size-medium wp-image-191989" /></a></p>
<p>Last week, I visited Los Angeles to get a gander at some of the many digital companies that are doing some interesting things down south of Silicon Valley.</p>
<p>First stop: HipSwap, a community-based marketplace that is now in 14 U.S. cities after initial tests in Los Angeles and New York City.</p>
<p>Its goal is to de-creep the experience &#8212; because no matter how it&#8217;s done online, local buying and selling still has a lot of glitches. Using a visual approach (think Pinterest), with hipster social hooks (think Airbnb) and focusing on location (hmm, perhaps think Foursquare), complete with delivery in some cities, HipSwap is hoping to differentiate itself from big players in the space, such as Craigslist and eBay.</p>
<p>The app-heavy HipSwap allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then &#8212; presumably &#8212; sell. Payment is made via PayPal or credit card, with HipSwap in between the buyer and seller, to ease the transaction&#8217;s typical awkwardness.</p>
<p>Because it is local, the items are varied, from trendy baby strollers to funky furniture to antique sewing machines. And, because it is in the L.A. area, HipSwap is also pushing celebrity fare, with a charitable &#8220;Shop My Closet&#8221; marketplace and video series, which recently included Kyle Richards from &#8220;The Real Housewives of Beverly Hills.&#8221;</p>
<p>The Santa Monica, Calif. start-up recently closed $1.1 million seed funding from a number of prominent investors, such as Founders Fund, Greycroft Partners, as well as former Microsoft exec &#8212; and early Pinterest angel &#8212; Hank Vigil and Mahalo President Jason Rapp. </p>
<p>Here&#8217;s a video interview I did with co-founder and CEO Rob Kramer about the interesting retail concept:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=16935DFF-7DA9-4F26-BCBB-A68F8B13DAFA&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={16935DFF-7DA9-4F26-BCBB-A68F8B13DAFA}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Yammer Lands $85 Million Funding Round From Draper Fisher Jurvetson</title>
		<link>http://allthingsd.com/20120229/yammer-lands-85-million-funding-round-from-draper-fisher-jurvetson/</link>
		<comments>http://allthingsd.com/20120229/yammer-lands-85-million-funding-round-from-draper-fisher-jurvetson/#comments</comments>
		<pubDate>Wed, 29 Feb 2012 19:58:06 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Bill Lee]]></category>
		<category><![CDATA[Capricorn Investment Group]]></category>
		<category><![CDATA[Chamath Palihapitiya]]></category>
		<category><![CDATA[Charles River Ventures]]></category>
		<category><![CDATA[David Sacks]]></category>
		<category><![CDATA[DFJ]]></category>
		<category><![CDATA[Draper Fisher Jurvetson]]></category>
		<category><![CDATA[Emergence Capital]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Jeff Skoll]]></category>
		<category><![CDATA[Khosla Ventures]]></category>
		<category><![CDATA[Marc Benioff]]></category>
		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[Meritech Capital Partners]]></category>
		<category><![CDATA[OffiSync]]></category>
		<category><![CDATA[Paul Madera]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[Peter Thiel]]></category>
		<category><![CDATA[Randy Glein]]></category>
		<category><![CDATA[Ronnie Lott]]></category>
		<category><![CDATA[Salesforce.com]]></category>
		<category><![CDATA[Social+Capital Partnership]]></category>
		<category><![CDATA[U.S.Venture Partners]]></category>
		<category><![CDATA[venture capital funding]]></category>
		<category><![CDATA[Yammer]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=179333</guid>
		<description><![CDATA[The rumors are true. But, boy, were they ever off on the numbers.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120229/yammer-lands-85-million-funding-round-from-draper-fisher-jurvetson/yammer-icon/" rel="attachment wp-att-179346"><img src="http://allthingsd.com/files/2012/02/yammer-icon-380x285.png" alt="" title="yammer-icon" width="380" height="285" class="alignright size-Featured wp-image-179346" /></a>The rumors are true. But, boy, were they ever off on the numbers. Social enterprise software player Yammer has landed a whopping $85 million in a fifth round of venture capital funding led by Draper Fisher Jurvetson, with Meritech Capital Partners, Jeff Skoll&#8217;s Capricorn Investment Group and Khosla Ventures all getting in on the action. The round brings Yammer&#8217;s total capital raised to date to $142 million. DFJ managing director Randy Glein will take an observer&#8217;s seat on Yammer&#8217;s board.</p>
<p>Published reports on Pando Daily had previously suggested that the company was close to landing a round in the $50 million neighborhood, with the implied valuation between $500 million and $1 billion, a range so large you could drive a tank through it. Yammer won&#8217;t say one way or another, but it&#8217;s pretty safe to say the higher number is the more accurate one.</p>
<p>Prior investors Charles River Ventures, Emergence Capital, Founders Fund, the Social+Capital Partnership and US Venture Partners are all participating again, as are angel investors Bill Lee, Max Levchin and football great Ronnie Lott.</p>
<p>Clearly, the intent here is to raise Yammer&#8217;s visibility game a bit, in the face of more visible players in the social enterprise software space &#8212; like Jive, which IPO&#8217;d late last year, and Chatter, which Salesforce.com CEO Marc Benioff can&#8217;t seem to stop telling people will save the world. Social enterprise software is becoming an increasingly popular and thus competitive business. Jive&#8217;s IPO gives it some visibility that doesn&#8217;t hurt when it goes to win business from new customers. Chatter tends to be less of a rival, though its strength is in places where Salesforce.com is already well-entrenched, which is the sales department.</p>
<p>One thing that&#8217;s going to happen is that Yammer will kick off a large advertising campaign, using print and online ads that aim to tell the world about how enterprise social networks are making companies more efficient in their collaboration.</p>
<p>The other thing is that the drumbeat about a Yammer IPO will start to get louder as the year goes on, though if you ask CEO David Sacks about it, as I have on more than a few occasions, he says very little, and you might be tempted to consider this massive round a case of Jive envy.</p>
<p>Lots of people <a href="http://allthingsd.com/20111213/check-out-whos-getting-rich-on-jives-ipo-today/">got very rich on that IPO</a>, and there&#8217;s absolutely no reason the same thing couldn&#8217;t happen with Yammer: Having launched some years back as a &#8220;Twitter for business,&#8221; it has evolved into more of a Facebook-like service for getting things done across a company.</p>
<p>Yammer has more than four million corporate users, including employees at more than 85 percent of the Fortune 500. Most of those are simply people inside a company, who signed up for Yammer and may or may not be using it on regular basis. The company has said in the past that it has a 20 percent conversion rate, which works out to about 800,000 paid seats. Part of the advertising campaign may involve trying to kick the conversion rate up a few notches.</p>
<p>Also? Yammer signaled in its press release that it plans on making some strategic acquisitions. This could go two ways. First, Yammer could try and roll up some smaller, lesser-known players in the business and take their customers. Or it could be eyeing some interesting &#8220;acqhire&#8221; cases, where there are some smart people running early-stage companies that could add some capabilities to Yammer&#8217;s. We saw Jive do precisely this, when it <a href="http://allthingsd.com/20110523/jive-acquires-officesync-socializes-microsoft-office-and-outlook/">acquired OffiSync</a> in May.</p>
<p>The funding comes less than a week after Yammer said it had <a href="http://allthingsd.com/20120223/yammer-adds-sap-to-the-list-business-software-it-supports/">integrated SAP</a> into its activity streams, making it the first among the social enterprise companies to do so. Sacks has described Yammer as something of a &#8220;Switzerland of collaboration,&#8221; and has added the ability of something like 15 different enterprise software applications to talk to Yammer, some of them more important than others. That may be so, but given how hot the social enterprise business is getting by the day, it&#8217;s starting to look a lot more like the hypercompetitive Coke and Pepsi.</p>
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		<title>Votizen Gets a Celebrity Round of Funding to Connect Social Media and Politics</title>
		<link>http://allthingsd.com/20120223/votizen-gets-a-celebrity-round-of-funding-to-connect-social-media-and-politics/</link>
		<comments>http://allthingsd.com/20120223/votizen-gets-a-celebrity-round-of-funding-to-connect-social-media-and-politics/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 05:21:56 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[David Binetti]]></category>
		<category><![CDATA[elections]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Jason Putorti]]></category>
		<category><![CDATA[Mint.com]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[Sean Parker]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[Votizen]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=171430</guid>
		<description><![CDATA[The latest political donation in this election year, from Sean Parker, Ashton Kutcher and other celebrity tech investors, is a $750,000 convertible note to political social network Votizen.]]></description>
			<content:encoded><![CDATA[<p>American politics in the age of the Super PAC is all about money. But meanwhile over on the Internet, connecting and mobilizing networks of people is easier than ever.</p>
<p>(See: the SOPA and PIPA online protests, the Planned Parenthood-Susan G. Komen dustup, the Occupy movement and the Arab Spring.)</p>
<p>Investors, including Internet impresario Sean Parker, think that sounds like an opportunity for disruption. &#8220;Politics is one of the few remaining large-scale consumer-facing opportunities on the Internet,&#8221; he said in an interview with <strong>AllThingsD</strong>. &#8220;It&#8217;s a very interesting moment, where politics is a bit behind the rest of the economy in embracing these new technologies.&#8221;</p>
<p><div id="attachment_128063" class="wp-caption alignleft" style="width: 390px"><a href="http://allthingsd.com/files/2011/10/sean-parker-jimmy-fallon.png"><img class="size-medium wp-image-128063" title="sean parker jimmy fallon" src="http://allthingsd.com/files/2011/10/sean-parker-jimmy-fallon-380x267.png" alt="" width="380" height="267" /></a><p class="wp-caption-text">Sean Parker</p></div></p>
<p>Parker &#8212; who played crucial roles at Facebook, Spotify and Napster, and also co-founded the lesser-known nonprofit fundraising app, Causes &#8212; is now hoping to make an impact on politics with an investment in <a href="https://www.votizen.com/">Votizen</a>, a company founded by tech geeks with political stripes.</p>
<p>Votizen spent much of the last two years digitizing 200 million U.S. voting records from magnetic tape, computer databases and spreadsheets. Though it only has tens of thousand of members who have registered and connected to their voter profiles, it is trying to push out products and attract users in time to get involved with this year&#8217;s general election.</p>
<p>Parker first invested in Votizen with his venture capital firm Founders Fund in 2010, and also just personally took part in a new $750,000 convertible round with a set of celebrity investors who can raise Votizen&#8217;s profile with the push of a tweet button.</p>
<p>They are Ashton Kutcher, Guy Oseary and Ron Burkle&#8217;s A-Grade Investments, and Lady Gaga manager Troy Carter.</p>
<p><div id="attachment_177611" class="wp-caption alignright" style="width: 390px"><a href="http://allthingsd.com/files/2012/02/Votizenco-founders.png"><img class="size-medium wp-image-177611" title="Votizenco-founders" src="http://allthingsd.com/files/2012/02/Votizenco-founders-380x208.png" alt="" width="380" height="208" /></a><p class="wp-caption-text">Votizen co-founders David Binetti and Jason Putorti</p></div></p>
<p>The latest round, which also included venture debt investor Hercules Technology Growth Capital, just closed last week. It brings Votizen to $2.25 million in total funding.</p>
<p>Votizen CEO David Binetti, who formerly founded USA.gov, says he&#8217;s aiming to capitalize on peer pressure &#8212; in a good way. Instead of money buying votes, Votizen will help friends persuade friends.</p>
<p>People who join Votizen can see voters from their own Facebook, Twitter and LinkedIn networks. Then, Votizen will do things like highlight which friends are in swing states or certain political parties, and help users contact them to plead their case.</p>
<p>&#8220;Today, people feel rich people and lobbyists get in the way of their interests,&#8221; Binetti said. &#8220;We&#8217;re disrupting the currency of politics with &#8216;friendraising&#8217; over fundraising. The goal is to make it harder for money to have an effect.&#8221;</p>
<p>According to various estimates, online spending in the 2012 election will be somewhere between $1 and $1.5 billion, up from $177 million in 2008.</p>
<p>While voter registration is a matter of public record, personal politics might not necessarily be something everyone will feel comfortable discussing online.</p>
<p><a href="http://allthingsd.com/files/2012/02/Votizen.png"><img class="alignleft size-medium wp-image-177612" title="Votizen" src="http://allthingsd.com/files/2012/02/Votizen-334x285.png" alt="" width="334" height="285" /></a>Votizen co-founder Jason Putorti &#8212; who was formerly lead designer at the personal finance site Mint.com &#8212; said he thinks that people will become more transparent about politics over time. &#8220;The new generation knows sharing leads to benefits,&#8221; he said.</p>
<p>Outside of election cycles, Votizen intends to help users get involved in ongoing public policy by writing officials and mobilizing groups around issues. Users can also create personal &#8220;cabinets&#8221; of advisors built from politically savvy people in their friend networks.</p>
<p>Eventually, Votizen hopes politicians and activists will pay to reach people in certain regions or interest groups, similar to the way LinkedIn makes money by charging users to contact people they don&#8217;t know.</p>
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		<title>What Happened to the Future?</title>
		<link>http://allthingsd.com/20120216/what-happened-to-the-future/</link>
		<comments>http://allthingsd.com/20120216/what-happened-to-the-future/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 07:59:00 +0000</pubDate>
		<dc:creator>Eric Johnson</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[bruce gibney]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[investors]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=175749</guid>
		<description><![CDATA[To many investors, visionary entrepreneurs come off as naïve or worse &#8212; isn’t it safer/easier/more profitable to create a(nother) social network for cat fanciers than to try to cure cancer, defeat terrorism, or organize the world’s information? &#8211; Bruce Gibney, in a post on the Founders Fund Web site entitled &#8220;What Happened to the Future?&#8221;]]></description>
			<content:encoded><![CDATA[<blockquote><p>To many investors, visionary entrepreneurs come off as naïve or worse &#8212; isn’t it safer/easier/more profitable to create a(nother) social network for cat fanciers than to try to cure cancer, defeat terrorism, or organize the world’s information?</p></blockquote>
<p class-"attribution">&#8211; <a href="http://www.foundersfund.com/the-future">Bruce Gibney</a>, in a post on the Founders Fund Web site entitled &#8220;What Happened to the Future?&#8221;</p>
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		<title>Social Search Start-Up Topsy Nabs Cisco Exec as CEO</title>
		<link>http://allthingsd.com/20111206/social-search-start-up-topsy-nabs-cisco-exec-as-ceo/</link>
		<comments>http://allthingsd.com/20111206/social-search-start-up-topsy-nabs-cisco-exec-as-ceo/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:48:59 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[BlueRun Ventures]]></category>
		<category><![CDATA[Cisco]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Duncan Greatwood]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Ignition Partners]]></category>
		<category><![CDATA[Industry Moves]]></category>
		<category><![CDATA[Scott Banister]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[Social Search]]></category>
		<category><![CDATA[Topsy]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Vipul Ved Prakash]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=150863</guid>
		<description><![CDATA[The social search start-up has hired Duncan Greatwood, the founder who sold PostPath to Cisco Sytems in 2008.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20111206/social-search-start-up-topsy-nabs-cisco-exec-as-ceo/greatwood/" rel="attachment wp-att-150864"><img src="http://allthingsd.com/files/2011/12/greatwood-380x285.png" alt="" title="greatwood" width="380" height="285" class="alignright size-Featured wp-image-150864" /></a>Topsy Labs, a start-up that&#8217;s building a business around a real-time social search and analytics platform, has hired Duncan Greatwood, an executive from Cisco Systems, as its new CEO. Greatwood had been the founder and CEO of PostPath, a maker of collaboration and calendaring software that was acquired by Cisco for $215 million in 2008.</p>
<p>Topsy&#8217;s co-founder and now former CEO, Vipul Ved Prakash, will remain the company&#8217;s main technical guru while he becomes CTO, and will run platform and product engineering.</p>
<p>Greatwood&#8217;s job will be to scale the company up, which sounds like it will be interesting. I talked with Greatwood and Prakash yesterday, which was Greatwood&#8217;s first day on the job.</p>
<p>With so much social data being created on Facebook and Twitter and so many other places, Topsy was built to index it all and make it searchable, and analyze it. &#8220;There&#8217;s a lot of exhaust that&#8217;s being created around analyzing social data that applies to so many businesses, from finance to publishing,&#8221; Prakash told me.</p>
<p>Greatwood said that what attracted him to Topsy was the fact that it&#8217;s a lot more than a search or analytics engine. &#8220;It really lets you extract some deep analytics information from a broad array of data sources,&#8221; he said. Think about all the time and effort a company devotes to analyzing who and how many people visit its Web site using products like Google Analytics or Adobe&#8217;s Omniture. &#8220;At the same time there are probably lots of conversations taking place about that company or just conversations that company would be interested in,&#8221; Greatwood says. </p>
<p>Sales are starting to take off, Greatwood says, and though the customer base is small right now, there&#8217;s a great deal of interest from the marketplace. &#8220;We have a small number of customers, but within that group there&#8217;s some very big customers, and they&#8217;re driving an acceleration of sales over the past few months.&#8221; He wouldn&#8217;t divulge many customer names, but one that&#8217;s already been disclosed is AOL&#8217;s Huffington Post. The plan is to take Topsy&#8217;s products to a broader market during the year. </p>
<p>Topsy raised $15 million in a Series C round led by BlueRun Ventures in March with prior investors Western Technology Investments, Ignition Partners, Founders Fund and Scott Banister, the founder of Ironport, participating. Its total capital raised so far is about $30 million.</p>
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		<title>Here's Gowalla CEO's Non-Denial Denial Email to Investors About Facebook Acquisition</title>
		<link>http://allthingsd.com/20111204/heres-gowalla-ceos-non-denial-denial-email-to-investors-about-facebook-acquisition/</link>
		<comments>http://allthingsd.com/20111204/heres-gowalla-ceos-non-denial-denial-email-to-investors-about-facebook-acquisition/#comments</comments>
		<pubDate>Mon, 05 Dec 2011 05:54:43 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
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		<category><![CDATA[Social]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Alsop Louie Partners]]></category>
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		<category><![CDATA[CNN]]></category>
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		<category><![CDATA[Gowalla]]></category>
		<category><![CDATA[Greylock Partners]]></category>
		<category><![CDATA[innovation]]></category>
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		<category><![CDATA[Josh Williams]]></category>
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		<category><![CDATA[non-denial denial]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=150077</guid>
		<description><![CDATA[Let's put this one in the "done" column, shall we?]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-150087" title="denial_is_not_a_river_in_egypt_mug-p1685462872912062702gz2a_400-feature" src="http://allthingsd.com/files/2011/12/denial_is_not_a_river_in_egypt_mug-p1685462872912062702gz2a_400-feature-380x285.png" alt="" width="380" height="285" /><strong>Update</strong>: <em><a href="http://allthingsd.com/20111205/yup-its-an-acqhire-facebook-gets-gowalla-for-its-people/">Facebook has confirmed</a> it is hiring Gowalla&#8217;s core team, while the Gowalla product will be shut down.</em></p>
<p>Even Gowalla CEO Josh Williams isn&#8217;t pretending a deal for Facebook to buy the location-sharing company isn&#8217;t happening, as you can read below in an email he sent to his investors.</p>
<p>Both companies declined to comment on a story on Friday and over the weekend. <a href="http://money.cnn.com/2011/12/02/technology/gowalla_facebook/index.htm">CNN had the scoop</a> about the social networking giant acquiring Gowalla, which I have taken to calling Not-Foursquare.</p>
<p>That&#8217;s because &#8212; despite its often clever approach and innovation &#8212; it never caught up with the leading social location service.</p>
<p>Gowalla, which <a href="http://allthingsd.com/20110912/gowalla-evolves-dont-call-it-a-pivot-into-social-city-guide-app/">changed its approach</a> several times, had been for sale for some time, said several sources.</p>
<p>The Austin-based start-up has raised just under $11 million from a range of investors, including Greylock Partners, Shasta Ventures, Alsop Louie Partners and the Founders Fund, along with a batch of well-known angel investors.</p>
<p>But let&#8217;s put this one to bed with the email that Williams sent out after the CNN story broke Friday, which was read to me tonight, so I might not have all of it perfectly and it is missing a sentence about I-will-smack-the-leaker):</p>
<blockquote class="memo"><p>Subject: Rumors and speculation</p>
<p>CNN just broke the news that Gowalla has been acquired by Facebook. This story was leaked from an unknown souurce.</p>
<p>The ink on the deal is not dry, so our holding pattern is that we do not comment on rumors and speculation. I have another email penned that was ready to send you today, assuming you would get this news before the story was officially released.</p>
<p>But now it is all over Twitter, so you have likely heard. A longer email will be sent soon. Until then, I am so very grateful for what you have done to make Gowalla a success.</p></blockquote>
<p>The second confirmation email has apparently not yet been sent, but I will try to get it when it is, along with the price.</p>
<p>So, until the <em>official</em> official yes, here&#8217;s a <a href="http://allthingsd.com/20100405/gowallas-josh-williams-talks-about-phony-geo-location-wars-and-more/">video interview</a> I did with Williams in April of 2010 about the location &#8220;wars&#8221;:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=9B37562D-956D-4F96-AE57-ABB9DAB29237&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={9B37562D-956D-4F96-AE57-ABB9DAB29237}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Knewton Raises $33M for Remixing Online Learning</title>
		<link>http://allthingsd.com/20111013/knewton-raises-33m-for-remixing-online-learning/</link>
		<comments>http://allthingsd.com/20111013/knewton-raises-33m-for-remixing-online-learning/#comments</comments>
		<pubDate>Thu, 13 Oct 2011 12:00:55 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[edutech]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[Knewton]]></category>
		<category><![CDATA[Pearson]]></category>
		<category><![CDATA[Peter Thiel]]></category>
		<category><![CDATA[start-ups]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=131765</guid>
		<description><![CDATA[Knewton, the educational content "remixer" that adapts its courses to each student (you could say it learns about the learner), has raised $33 million led by Founders Fund and Pearson. The three-year-old company's new funding is particularly notable for its large size and because Founders Fund Managing Partner Peter Thiel is an outspoken critic of traditional higher education.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.knewton.com/">Knewton</a>, the educational content &#8220;remixer&#8221; that adapts its courses to each student (you could say it learns about the learner), has raised $33 million led by Founders Fund and Pearson. The three-year-old company&#8217;s new funding is particularly notable for its large size and because Founders Fund Managing Partner Peter Thiel is <a href="http://techcrunch.com/2011/04/10/peter-thiel-were-in-a-bubble-and-its-not-the-internet-its-higher-education/">an outspoken critic of traditional higher education</a>.</p>
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		<title>Terror-Fighting Start-Up Palantir Technologies Just Raised $68 Million -- But From Whom?</title>
		<link>http://allthingsd.com/20110908/terror-fighting-start-up-palantir-technologies-just-raised-68-million-but-from-whom/</link>
		<comments>http://allthingsd.com/20110908/terror-fighting-start-up-palantir-technologies-just-raised-68-million-but-from-whom/#comments</comments>
		<pubDate>Thu, 08 Sep 2011 22:16:54 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<category><![CDATA[Alex Karp]]></category>
		<category><![CDATA[eBay]]></category>
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		<category><![CDATA[fraud]]></category>
		<category><![CDATA[funding]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=118843</guid>
		<description><![CDATA[An SEC filing shows the secretive data analytics firm has been busy raising money. Again.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110908/terror-fighting-start-up-palantir-technologies-just-raised-68-million-but-from-whom/alexkarp/" rel="attachment wp-att-118853"><img src="http://allthingsd.com/files/2011/09/alexkarp-380x285.png" alt="" title="alexkarp" width="380" height="285" class="alignright size-Featured wp-image-118853" /></a>Few tech start-ups have a more mysterious brief than that of Palantir Technologies. I first encountered the company while still <a href="http://images.businessweek.com/ss/09/06/0615_50_startups_need_to_know/31.htm">working for Businessweek</a> and I&#8217;ve tried to keep track of it since.</p>
<p>That&#8217;s not easy. Given what it does &#8212; develop software that essentially helps government intelligence agencies root out and track terrorists and other criminals with sophisticated data analysis technology &#8212; it&#8217;s generally known for keeping its mouth shut. Its name is taken from the <a href="http://en.wikipedia.org/wiki/Palant%C3%ADr">mystical seeing stones</a> in the &#8220;Lord of the Rings&#8221; novels. </p>
<p>The company takes huge reams of data and subjects it to analysis to find connections between people and entities, and to find patterns that aren&#8217;t obvious. It has been used to track suicide bombers in Iraq and to sniff out abuse of government stimulus money in the U.S., and naturally most of its business is with the government, though banks, always on the lookout for fraud, are also said to be enthusiastic customers.</p>
<p>Yesterday, Palantir <a href="http://sec.gov/Archives/edgar/data/1321655/000132165511000003/xslFormDX01/primary_doc.xml">reported in a filing</a> with the U.S. Securities and Exchange Commission that it had just raised $68 million in funding, though, as is usually the case with Form D, the filing doesn&#8217;t say who it came from. This, of course, would come on top of $50 million that <a href="http://techcrunch.com/2011/05/05/sec-watch-palantir-technologies-raises-50-million-in-new-funding/">TechCrunch reported</a> it had raised in May, and another $90 million it raised in June.</p>
<p>The idea for what became Palantir emerged out of antifraud work at PayPal, but then grew into something bigger. PayPal alum and Facebook investor <a href="http://allthingsd.com/tag/peter-thiel/">Peter Thiel </a> talked Alex Karp (pictured) into the idea of building it into something that could root out terrorists. Thiel and his Founder&#8217;s Fund led a $12 million funding round in 2006, some of which came from the CIA&#8217;s In-Q-Tel. Thiel led another round in 2008.</p>
<p>I&#8217;ve got a call in to Palantir and hope to find out more behind the details in this filing, and will update the post if I hear from them. Until then you can watch Karp&#8217;s interview on &#8220;Charlie Rose&#8221; from 2009, and a Peter Thiel interview with The Wall Street Journal from last month.</p>
<p><iframe width="420" height="345" src="http://www.youtube.com/embed/iAVEXznRC-Y" frameborder="0" allowfullscreen></iframe></p>
<p><object id="wsj_fp" width="512" height="363"><param name="movie" value="http://s.wsj.net/media/swf/VideoPlayerMain.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID={B798B5DB-EC43-4B37-9359-60CC3F5F5DC4}&#038;playerid=1000&#038;plyMediaEnabled=1&#038;configURL=http://wsj.vo.llnwd.net/o28/players/&#038;autoStart=false" base="http://s.wsj.net/media/swf/"name="flashPlayer"></param><embed src="http://s.wsj.net/media/swf/VideoPlayerMain.swf" bgcolor="#FFFFFF"flashVars="videoGUID={B798B5DB-EC43-4B37-9359-60CC3F5F5DC4}&#038;playerid=1000&#038;plyMediaEnabled=1&#038;configURL=http://wsj.vo.llnwd.net/o28/players/&#038;autoStart=false" base="http://s.wsj.net/media/swf/" name="flashPlayer" width="512" height="363" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object></p>
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		<title>What Bad Economy? Three Big Silicon Valley VCs Poised to Haul in $2B in New Fund Raising.</title>
		<link>http://allthingsd.com/20110908/what-bad-economy-three-big-silicon-valley-vcs-poised-to-haul-in-2b-in-new-fund-raises/</link>
		<comments>http://allthingsd.com/20110908/what-bad-economy-three-big-silicon-valley-vcs-poised-to-haul-in-2b-in-new-fund-raises/#comments</comments>
		<pubDate>Thu, 08 Sep 2011 13:15:21 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Azumio]]></category>
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		<category><![CDATA[Redpoint Ventures]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=118408</guid>
		<description><![CDATA[Despite the bad economy, turbulent markets and lackluster venture returns of late, limited partners looking for an investment edge seem to still be adding more dough to the VC kitty.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110908/what-bad-economy-three-big-silicon-valley-vcs-poised-to-haul-in-2b-in-new-fund-raises/a-big-fat-wad-of-money/" rel="attachment wp-att-118416"><img src="http://allthingsd.com/files/2011/09/a-big-fat-wad-of-money-380x253.png" alt="" title="a-big-fat-wad-of-money" width="380" height="253" class="alignright size-medium wp-image-118416" /></a></p>
<p>Three of Silicon Valley&#8217;s more prominent venture firms &#8212; Khosla Ventures, Redpoint Ventures and the Founders Fund &#8212; are nearing the closing of new funds that will total almost $2 billion.</p>
<p>This despite a bad economy, turbulent markets and lackluster venture returns of late. That said, limited partners looking for an investment edge apparently seem to still be adding more dough to the VC kitty.</p>
<p>Sources familiar with the fundings, in fact, said the raises have been much easier than previous ones.</p>
<p>Khosla has raised almost $2.4 billion since 2009, including $1.3 billion in 2010. Its fourth is now nearly completed, at just under that, which the firm had previously signaled in <a href="http://www.sec.gov/Archives/edgar/data/1521016/000152101611000001/xslFormDX01/primary_doc.xml">regulatory filings</a> it planned to raise.</p>
<p>The third fund has been spent on cleantech companies, but also on early-stage high-profile Internet start-ups such as Square.</p>
<p>Redpoint will focus its fund &#8212; which sources said was $400 million &#8212; on growth opportunities.</p>
<p>Its last fund in 2010 was $400 million, too. It has invested that money in start-ups, such as Jumptap, Kabam and Pure Storage.</p>
<p>Lastly, the Founders Fund &#8212; with high-profile partners Peter Thiel and Sean Parker &#8212; is aiming at a $350 million fund with a $150 million &#8220;cushion&#8221; to raise more. Its last fund of $250 million was raised last year.</p>
<p>Founders Fund has recently made investments in Path, Azumio and Topsy.</p>
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		<title>Exclusive: Yammer Now Works With Salesforce.com</title>
		<link>http://allthingsd.com/20110822/exclusive-yammer-now-works-with-salesforce-com/</link>
		<comments>http://allthingsd.com/20110822/exclusive-yammer-now-works-with-salesforce-com/#comments</comments>
		<pubDate>Mon, 22 Aug 2011 12:00:18 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<category><![CDATA[Goldcrest Investments]]></category>
		<category><![CDATA[Marc Benioff]]></category>
		<category><![CDATA[open graph]]></category>
		<category><![CDATA[Open Graph API]]></category>
		<category><![CDATA[Open Graph Protocol]]></category>
		<category><![CDATA[Ron Conway]]></category>
		<category><![CDATA[Salesforce.com]]></category>
		<category><![CDATA[social enterprise]]></category>
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		<category><![CDATA[Yammer]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=112529</guid>
		<description><![CDATA[Yammer, once known as a "Twitter for Work," is transforming itself a key player in the fast-growing business of making enterprise applications more social.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110822/exclusive-yammer-now-works-with-salesforce-com/yammer_logo-feature/" rel="attachment wp-att-112531"><img src="http://allthingsd.com/files/2011/08/Yammer_logo-feature-380x285.png" alt="" title="Yammer_logo-feature" width="380" height="285" class="alignright size-Featured wp-image-112531" /></a>I&#8217;ve said it before and I&#8217;ll say it again: The workplace is getting social. Enterprise software companies are taking a page or three from the likes of Facebook and Twitter to create social streams that keep people informed about what&#8217;s going on within a company.</p>
<p>One of the social enterprise companies getting a fair amount of buzz is Yammer. Initially known as a &#8220;Twitter for work,&#8221; it&#8217;s now transforming itself into something of a catchall for updates generated by numerous workplace applications.</p>
<p>Today, Yammer will announce that it will work with another application, and it&#8217;s a big one: Salesforce.com. The folks at Yammer used Force.com &#8212; Salesforce&#8217;s development platform &#8212; and Yammer&#8217;s own API to grab activity stream data from within Salesforce. Sales leads, deals, marketing campaigns and all sorts of other activity that gets entered into Salesforce.com become objects that can appear directly within a Yammer stream, which is essentially as easy to keep track of and interact with as a Facebook stream.</p>
<p>In fact, a Facebook stream is exactly what Yammer CEO David Sacks compares it to. &#8220;A few months ago we released an activity stream API that lets any application push activity stories into Yammer, the same way that Zynga can push items like the latest Mafia Wars score into your Facebook stream,&#8221; he says. </p>
<p>Yammer did the integration with help from Appirio, a cloud apps developer that gets tapped to do a lot of third-party integration work.</p>
<p>But doesn&#8217;t Salesforce already have its own social software? Why, yes it does. Its Chatter.com service launched to much fanfare with a pair of <a href="http://newenterprise.allthingsd.com/20110127/salesforce-com-to-plug-chatter-com-now-free-for-all-companies-during-the-super-bowl/">expensive TV ads that</a> aired during the Super Bowl, which in turn kicked off a bit of a<a href="http://allthingsd.com/20110206/chatter-coms-super-bowl-tv-ads-touch-off-an-ad-skirmish-on-google/"> skirmish within Google search results</a> that Yammer took part in.</p>
<p>It&#8217;s not as if Yammer were partnering with Salesforce here. Sacks says that Yammer just, well, did it. &#8220;The nice thing about the open API world that we live in is that you don&#8217;t necessarily have to seek permission to use these APIs.&#8221;</p>
<p>The wider point of Yammer, Sacks says, is to pull social data not just from one application, but from many. Not everyone in a company is going to be using Salesforce.com in the first place. The sales department might, and senior management might, but it&#8217;s of little use to, say, the human resources department or the accounting department. So Yammer talks to other applications, too. Case in point: Netsuite. Yammer announced an integration with that cloud-based business management suite of applications in May. It also works with Microsoft&#8217;s SharePoint and Active Directory.</p>
<p>And there will be more, Sacks says. &#8220;We&#8217;re seeing a trend with all these various line-of-business applications to build their own social networks into what they do,&#8221; he says. &#8220;And we&#8217;re already seeing customers and potential customers complaining about this, because they wind up with a dozen different social networks in their company and that defeats the whole purpose.&#8221; Yammer, he says, will be the middleman application that brings all those social streams into one place for everyone in a company. The comparison to Facebook is no accident: Yammer&#8217;s technology is based on Facebook&#8217;s <a href="https://developers.facebook.com/docs/opengraph/">Open Graph protocol</a>.</p>
<p>So what happened to Chatter? Well, ask Salesforce and you&#8217;ll see some impressive stats and customer wins. Salesforce says that Chatter is used by 100,000 companies, among them Dell, Qualcomm and Lenovo.</p>
<p>But Yammer&#8217;s got 100,000 customers of its own, boasts three million corporate end users, and is adding them at a rate of about 200,000 a month. And there are some pretty impressive names among them, including chipmaker Advanced Micro Devices, LG Electronics, eBay and Thomson Reuters. And it got those without having to spend tens of millions on Super Bowl ads. A half-million of those customers are using the paid version of Yammer. </p>
<p>It&#8217;s a fast-moving business and there are numerous players. Another big one to watch is Jive Software, which was said last week to have <a href="http://allthingsd.com/20110817/jive-software-said-to-hire-ipo-bankers-but-no-one-there-is-talking/">hired bankers</a> for a pending IPO, and which is being valued at $1 billion.</p>
<p>No wonder Yammer has done so well in raising funding. It has brought in a combined $40 million, which was topped off last November by a <a href="http://allthingsd.com/20101130/25-million-more-for-yammer-the-twitter-for-work/">$25 million round</a> led by US Venture Partners, with Emergence Capital, Charles River Ventures and the Founders Fund also participating. Ron Conway&#8217;s SV Angel was an early investor as well.</p>
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		<title>Latest Funding Shows Mobile Medical App Market Has a Pulse</title>
		<link>http://allthingsd.com/20110728/latest-funding-shows-mobile-medical-app-market-has-a-pulse/</link>
		<comments>http://allthingsd.com/20110728/latest-funding-shows-mobile-medical-app-market-has-a-pulse/#comments</comments>
		<pubDate>Thu, 28 Jul 2011 12:30:24 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Accel Partners]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Azumio]]></category>
		<category><![CDATA[Bostjancic]]></category>
		<category><![CDATA[FDA]]></category>
		<category><![CDATA[Felicis Ventures]]></category>
		<category><![CDATA[Fitbit]]></category>
		<category><![CDATA[Food and Drug Administration]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[Instant Heart Rate]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[smartphone]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=103443</guid>
		<description><![CDATA[Palo Alto-based Azumio's idea: Letting a smartphone play the role of medical device, helping arm consumers with information to fight chronic disease.]]></description>
			<content:encoded><![CDATA[<p>Your iPhone can&#8217;t act as a defibrillator if you get a heart attack from reading that breakup tweet, but perhaps that is just a matter of time.</p>
<p>In recent months, all manner of apps and devices have sprung up that use smartphones and their many sensors to perform a host of medical tasks. And the trend hasn&#8217;t gone unnoticed on Sand Hill Road. There are apps that let the iPhone and other smartphones help scan inside a child&#8217;s ear, measure blood pressure and even check for malaria.</p>
<p><img src="http://allthingsd.com/files/2011/07/InstantHeartRateHighRes-225x400.png" alt="" title="InstantHeartRateHighRes" width="225" height="400" class="alignright size-Medium380 wp-image-103448" /></p>
<p>Azumio, whose app lets an iPhone or Android device act as a heart-rate monitor, announced Wednesday that it has landed $2.5 million in series A funding from backers including Founders Fund, Accel Partners and Felicis Ventures. </p>
<p>The app, Instant Heart Rate, works by having a user put his or her finger over a phone&#8217;s camera for 10 seconds. It boasts more than eight million downloads, and the company sees a virtually limitless market for that and other programs.</p>
<p>&#8220;Our customer is everyone with a heart,&#8221; CEO Bojan Bernard Bostjancic said in an interview.</p>
<p>Azumio is the latest in a growing category of medical devices that attach to or work in conjunction with an iPhone or other smartphone. The mobile health-and-fitness category is also exploding with devices like <a href="http://allthingsd.com/20091103/fitbit-sees-how-you-run-walk-and-sleep/">Fitbit</a> and Jawbone&#8217;s <a href="http://allthingsd.com/20110713/jawbones-newest-product-health-tracking-wristband-called-up/.">forthcoming UP product</a>. </p>
<p>Indeed, the Food and Drug Administration said earlier this month it was <a href="http://www.fda.gov/ForConsumers/ConsumerUpdates/ucm263332.htm">exploring new regulations for evaluating mobile apps</a>.</p>
<p>While some are focusing on devices that plug into or communicate wirelessly with a smartphone, Bostjancic says Azumio is focused for now on uses that require only a smartphone and its built-in sensors.</p>
<p>&#8220;With the app, you can reach just a huge audience,&#8221; he said. The heart-rate monitor uses a smartphone&#8217;s camera to determine one&#8217;s heart rate by measuring the differences in light absorption as blood is coming in and out of the tissue in the finger.</p>
<p>Bostjancic said that there are other sensors in the phone that can help us be more aware of what our body is or isn&#8217;t doing at any time. In large part, he said, most chronic diseases are caused by lifestyle. That&#8217;s a problem, given how detached most people are from what is going on with their bodies. Technology is part of the problem, but also part of the solution.</p>
<p>Azumio, he said, &#8220;would like to put you back in touch with your body.&#8221;</p>
<p>Next up for Azumio are apps that perform stress checks. Bostjancic notes that stress is often the trigger for all manner of lifestyle-related disease.</p>
<p>&#8220;We would like to address this by quantifying the level of stress,&#8221; he said.</p>
<p>Bostjancic also sees an opportunity to partner with or acquire other companies in the field, noting that others are looking at sleep and other factors that contribute to the lifestyle-related chronic illnesses Azumio is addressing. Among the devices he says have caught his interest are those that <a href="http://allthingsd.com/20101222/wakemate-finally-ships-will-you-sleep-better-now-that-its-watching-you/">monitor sleep</a>, since sleep apnea is associated with higher risk of cardiac problems.</p>
<p>&#8220;We could coordinate the data from different measurements,&#8221; he said.</p>
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		<title>Topguest Hustles Its Way into Making Travel Loyalty Pay (Video)</title>
		<link>http://allthingsd.com/20110406/topguest-hustles-its-way-into-making-travel-loyalty-pay-video/</link>
		<comments>http://allthingsd.com/20110406/topguest-hustles-its-way-into-making-travel-loyalty-pay-video/#comments</comments>
		<pubDate>Wed, 06 Apr 2011 17:17:57 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Caesars Entertainment Corp]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Foursquare]]></category>
		<category><![CDATA[Geoff Lewis]]></category>
		<category><![CDATA[Hilton]]></category>
		<category><![CDATA[Instagram]]></category>
		<category><![CDATA[InterContinental Hotels Group]]></category>
		<category><![CDATA[Jeff Clavier]]></category>
		<category><![CDATA[Keith Rabois]]></category>
		<category><![CDATA[Naval Ravikant]]></category>
		<category><![CDATA[NetworkEffect]]></category>
		<category><![CDATA[Ron Conway]]></category>
		<category><![CDATA[Topguest]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Virgin America]]></category>

		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=5210</guid>
		<description><![CDATA["Just hustling," as CEO Geoff Lewis described it, has helped a small, less-than-a-year-old start-up with relatively few users score deals with the likes of Virgin America, Hilton and InterContinental Hotels Group to tie customers' geo-located social media activity with existing loyalty rewards programs.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.topguest.com/">Topguest</a> co-founder and CEO Geoff Lewis says he figured out a way to hack the near-impossible problem of hiring engineers in Silicon Valley: find them in Australia.</p>
<p>Apparently the U.S. visa process coming from Down Under is relatively pain-free, and at a cost of &#8220;a few thousand dollars&#8221; Lewis now has four Australians and himself, a Canadian, working on Topguest. &#8220;No Americans,&#8221; he said as a point of pride in an interview at his San Francisco office this week.</p>
<p>Lewis&#8217; explanation for how a small, less-than-a-year-old start-up with relatively few users can score deals with the likes of Virgin America, Hilton and InterContinental Hotels Group is similar: &#8220;Just hustling.&#8221;</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=C7E26EEC-9FC4-404D-8AC0-A80D671AA747&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={C7E26EEC-9FC4-404D-8AC0-A80D671AA747}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>Topguest ties customers&#8217; geo-located social media activity with existing loyalty rewards programs. &#8220;We have no loyalty or travel domain expertise,&#8221; Lewis said.</p>
<p>Topguest doesn&#8217;t have its own check-in app, but it plugs into users&#8217; Facebook, Twitter, Foursquare and Instagram accounts to pull in their posts. For instance, getting the most likes on Instagram for a picture taken at a U.S. airport this week will earn Topguest users 1,000 Virgin America Elevate points (the minimum amount needed to buy a flight is 2,500).</p>
<p>In comparison to the fleeting attraction of a nearby special offer on Foursquare, Lewis said, &#8220;deals and discounts aren&#8217;t loyalty.&#8221;</p>
<p>Lewis said Facebook is by far the most-used check-in service by Topguest users, and the company&#8217;s recent Instagram integration has doubled unique visitors to its site.</p>
<p>This weekend, Topguest is launching a partnership with Caesars Entertainment Corp in Las Vegas that will earn users rewards points to spend at the company&#8217;s 1,000 venues.</p>
<p>Topguest makes money by receiving an activation fee for users who participate in loyalty programs (so far 10 percent of its users have signed up for a new loyalty program), as well as a monthly fee in some cases.</p>
<p>Ultimately, said Lewis, Topguest wants to act as a personalized concierge tool for its users, helping them make travel reservations to earn and spend loyalty points.</p>
<p>The company does have to fend off users who game the system by checking into multiple hotels in order to accrue more points. Lewis said Topguest has banned hundreds of users already for such abuse.</p>
<p>Personally, I might tend toward the opposite inclination and resist publicly checking into places where I plan to spend the night. But earning miles for airport check-ins? Sure, why not!</p>
<p>Topguest <a href="http://kara.allthingsd.com/20101115/topguest-checks-in-with-2-million-series-a-round-and-peter-thiel-as-advisor/">raised</a> $2 million in Series A funding last year from investors including Founders Fund, as well as angels such as Ron Conway, Keith Rabois, Jeff Clavier and Naval Ravikant. After closing the funding, the company moved from New York City to San Francisco.</p>
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		<title>Practice Fusion, Helping Doctors Go Paperless, Lands $23 Million</title>
		<link>http://allthingsd.com/20110405/practice-fusion-helping-doctors-go-paperless-lands-23-million/</link>
		<comments>http://allthingsd.com/20110405/practice-fusion-helping-doctors-go-paperless-lands-23-million/#comments</comments>
		<pubDate>Tue, 05 Apr 2011 14:00:10 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Arik Hesseldahl]]></category>
		<category><![CDATA[Artis Capital Management]]></category>
		<category><![CDATA[Felicis Ventures]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Glynn Capital Management]]></category>
		<category><![CDATA[Morgenthaler Ventures]]></category>
		<category><![CDATA[NewEnterprise]]></category>
		<category><![CDATA[Peter Thiel]]></category>
		<category><![CDATA[Practice Fusion]]></category>

		<guid isPermaLink="false">http://newenterprise.allthingsd.com/?p=4723</guid>
		<description><![CDATA[Practice Fusion, an electronic medical record system in the cloud, lands an investment round led by Peter Thiel's Founder's Fund.]]></description>
			<content:encoded><![CDATA[<p><img src="http://newenterprise.allthingsd.com/files/2011/04/210-practiceFusion_logo400x72-275x50.jpg" alt="" title="210-practiceFusion_logo400x72" width="275" height="50" class="alignright size-medium wp-image-4724" />Like anyone else who runs a business, doctors want to eliminate paper. And in medical practices there&#8217;s plenty of it. The primary feature of any doctors office is the mountain of file folders containing patient medical records, all on paper.</p>
<p>There&#8217;s been lots of attempts to convert doctors to electronic medical records and it&#8217;s a key part of health care reform. However, a study by the U.S. Centers for Disease Control found that as of 2009 less than half of all doctors had moved to an electronic system by the end 2009.</p>
<p>Practice Fusion is a start-up founded in 2007 that aims to make the move to electronic records easier for groups of nine doctors or less. The company announced a $23 million round of funding led by Founders Fund, with participation from Artis Capital Management and Glynn Capital Management, as well as returning investors Morgenthaler Ventures and Felicis Ventures. The round brings the company’s total funding to $30 million. </p>
<p>While most electronic medical record systems cost about $50,000 per physician, cloud-based Practice Fusion is free. The company makes its money conducting analytics on the health data store in the system. Doctors can use the system to securely chart patient visits, review their records, schedule appointments and write prescriptions, and do all the other routine medical administrivia that is usually done on paper. More than 75,000 healthcare professionals are using Practice Fusion, and the system stores data on 9.5 million patients through Practice Fusion’s network. The network is adding doctors at a rate of 350 a day.</p>
<p>This is the latest deal for Founder&#8217;s Fund and its founder Peter Thiel, notable as Facebook&#8217;s first outside investor. The fund&#8217;s other investments include Mint, which was acquired by Intuit in 2009, Yammer, Spotify, SpaceX, and Palantir Technologies.</p>
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		<title>Sean Parker&#039;s Relationship Status: Engaged</title>
		<link>http://allthingsd.com/20110404/sean-parkers-relationship-status-engaged/</link>
		<comments>http://allthingsd.com/20110404/sean-parkers-relationship-status-engaged/#comments</comments>
		<pubDate>Tue, 05 Apr 2011 01:46:43 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Causes.com]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Justin Timberlake]]></category>
		<category><![CDATA[Napster]]></category>
		<category><![CDATA[NetworkEffect]]></category>
		<category><![CDATA[Plaxo]]></category>
		<category><![CDATA[Sean Parker]]></category>
		<category><![CDATA[Spotify]]></category>

		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=5164</guid>
		<description><![CDATA[Rest in peace, Valleywag. Remember when Silicon Valley gossip was so boring it couldn't sustain a Gawker blog? Now, People.com is breaking the news of Sean Parker's engagement.]]></description>
			<content:encoded><![CDATA[<p>Rest in peace, Valleywag. Remember when Silicon Valley gossip was so boring it couldn&#8217;t sustain a Gawker blog? Now, People.com is <a href="http://www.people.com/people/article/0,,20479147,00.html">breaking</a> the news of Sean Parker&#8217;s engagement.</p>
<p><img class="alignright size-medium wp-image-5167" title="AlexandraLenas" src="http://networkeffect.allthingsd.com/files/2011/04/AlexandraLenas-275x106.png" alt="" width="275" height="106" />Parker recently proposed to Alexandra Lenas, a New York-based singer/songwriter, &#8220;his rep&#8221; told People.</p>
<p>Parker, popularly known for being played by Justin Timberlake in &#8220;The Social Network,&#8221; has something like a four percent stake in Facebook, meaning the -illions to his name begin with a b.</p>
<p>Parker is credited, both in fictional and non-fictional retellings of the story, for helping Mark Zuckerberg retain lasting control of Facebook. Parker has also played significant roles at Napster, Plaxo, Causes.com, Founders Fund and Spotify, and <a href="http://mediamemo.allthingsd.com/20110311/sean-parker-music-mogul-facebook-billionaire-mulling-warner-music-bid/">may be considering putting together a bid for Warner Music Group</a>.</p>
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		<title>What Causes.com Has Learned About Non-Profit Fundraising From Zynga</title>
		<link>http://allthingsd.com/20110329/what-causes-com-has-learned-about-non-profit-fundraising-from-zynga/</link>
		<comments>http://allthingsd.com/20110329/what-causes-com-has-learned-about-non-profit-fundraising-from-zynga/#comments</comments>
		<pubDate>Tue, 29 Mar 2011 11:00:17 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Causes.com]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Joe Green]]></category>
		<category><![CDATA[NEA]]></category>
		<category><![CDATA[NetworkEffect]]></category>
		<category><![CDATA[SocialVibe]]></category>
		<category><![CDATA[SupersonicAds]]></category>
		<category><![CDATA[TrialPay]]></category>
		<category><![CDATA[Zynga]]></category>

		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=4894</guid>
		<description><![CDATA[In many ways, the trajectory of online activism platform Causes mirrors that of social games, the most successful category built on top of Facebook to date.

But in some ways games are actually beating Causes at its own game.]]></description>
			<content:encoded><![CDATA[<p>The online activism platform <a href="http://www.causes.com/">Causes.com</a> recently uprooted itself from Berkeley, CA, a spiritual home of offline activism, to the financial district of San Francisco, a spiritual home of hedge funds and other such ventures.</p>
<p><a href="http://networkeffect.allthingsd.com/files/2011/03/JoeGreen.jpg"><img class="alignright size-medium wp-image-4900" title="JoeGreen" src="http://networkeffect.allthingsd.com/files/2011/03/JoeGreen-275x205.jpg" alt="" width="220" height="164" /></a>The company now occupies a top-floor office&#8211;complete with wraparound views and a deck&#8211;that was, in fact, recently left unoccupied by the departure of a Japanese hedge fund, said Causes co-founder and Joe Green when NetworkEffect visited him there this week.</p>
<p>It&#8217;s a bit incongruous, but Green says the rent is cheaper than a crappy office near Twitter&#8217;s in San Francisco&#8217;s SOMA neighborhood, the far hipper place to house a start-up these days.</p>
<p>Causes has, since 2007, been trying to facilitate activism and philanthropy by connecting users to non-profits and one another. Backed with some $16 million in funding from venture capitalists like NEA and Founders Fund, Green wants to make the non-profit world more of a marketplace, where organizations compete for givers&#8217; participation and dollars.</p>
<p>Charity&#8211;worth $300 billion annually in the U.S., compared to $12 billion for the music industry&#8211;is the &#8220;last industry not revolutionized by the Internet,&#8221; Green said.</p>
<p>Causes has always been tightly linked to Facebook (Green shared a dorm room with the founders at Harvard), and is &#8220;in many ways one of the great survivors of the Facebook platform,&#8221; said Green, having grown to 150 million users originally as a Facebook app and now as a Web site powered by Facebook Connect.</p>
<p>Of those 150 million users, about 1 million have ever made a donation on Causes, and 12 million have signed a petition. Causes would obviously like to figure out ways to get more people to participate meaningfully.</p>
<p>In many ways, the trajectory of Causes mirrors that of social games, the most successful category built on top of Facebook to date. They are both inherently viral, built around users inviting their friends.</p>
<p>But in some ways games are actually beating Causes at its own game. Zynga on Monday announced it had <a href="http://www.zynga.com/about/article.php?a=20110328">raised $3 million</a> for recovery efforts for the recent Japanese earthquake and tsunami, from a combination of virtual goods bought by its players and a physical bracelet bought by fans of Lady Gaga. Zynga has<a href="http://blogs.wsj.com/digits/2011/03/28/farmville-crops-for-a-cause/?mod=WSJBlog"> raised more than $10 million</a> for charitable causes since 2009.</p>
<p>Causes, meanwhile, has raised some $30 million since 2007, and $800,000 this month for tsunami relief efforts in Japan.</p>
<p><img class="alignleft size-thumbnail wp-image-4901" title="GiveaMinute" src="http://networkeffect.allthingsd.com/files/2011/03/GiveaMinute-150x150.png" alt="" width="150" height="150" />But it&#8217;s a bit unfair to just compare dollars to dollars. Causes enables users to connect to more than 25,000 different non-profits and participate by doing things like signing petitions rather than just donating money. It&#8217;s a richer experience than buying a virtual doodad.</p>
<p>Even so, it&#8217;s obvious that games have figured something out. So Causes recently enlisted three social game monetization partners: TrialPay, SocialVibe and SupersonicAds. The companies offer Causes users video ads that pay out $0.10 to a chosen cause every time a user watches.</p>
<p>So instead of giving money, users can &#8220;give a minute&#8221; to charity. In early tests, Causes users have exhausted the company&#8217;s video ad inventory on a daily basis.</p>
<p>Enlisting simple online actions that trigger a charitable donation isn&#8217;t a new concept&#8211;see, for instance, <a href="http://www.freerice.com/">Freerice.com</a>&#8211;but it&#8217;s interesting that Causes is going directly to social games&#8217; transactional advertising providers.</p>
<p>&#8220;We&#8217;re not trying to become a gaming company, but there&#8217;s some interesting similarities there,&#8221; said Green.</p>
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		<title>Defying the Twitter Ecosystem Curse, Topsy Rakes in $15M More</title>
		<link>http://allthingsd.com/20110310/defying-the-twitter-ecosystem-curse-topsy-rakes-in-15m-more/</link>
		<comments>http://allthingsd.com/20110310/defying-the-twitter-ecosystem-curse-topsy-rakes-in-15m-more/#comments</comments>
		<pubDate>Thu, 10 Mar 2011 16:00:41 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
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		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=4142</guid>
		<description><![CDATA[Topsy Labs, the real-time search engine, has raised $15 million in Series C funding from BlueRun Ventures, Ignition Partners, Founders Fund, Scott Banister and Western Technology Investments. This brings the company to about $30 million in total funding since it was founded in 2006.]]></description>
			<content:encoded><![CDATA[<p><a href="http://topsy.com/">Topsy Labs</a>, the real-time search engine, has raised $15 million in Series C funding from BlueRun Ventures, Ignition Partners, Founders Fund, Scott Banister and Western Technology Investments. This brings the company to about $30 million in total funding since it was founded in 2006.</p>
<p><a href="http://networkeffect.allthingsd.com/files/2011/03/Topsy.png"><img class="alignright size-full wp-image-4145" title="Topsy" src="http://networkeffect.allthingsd.com/files/2011/03/Topsy.png" alt="" width="250" height="91" /></a>The funding is particularly notable because Topsy is part of the much-maligned Twitter ecosystem. The San Francisco-based company&#8217;s search index consists of <a href="http://networkeffect.allthingsd.com/20110113/topsy-hands-out-real-time-search-widgets/">more than eight billion tweets</a>.</p>
<p>Perhaps the only other Twitter ecosystem start-up of Topsy&#8217;s magnitude is UberMedia, which has <a href="http://kara.allthingsd.com/20110214/ubermedia-raises-17-5-million-from-accel-index-and-steve-case/">raised</a> some $21 million in VC funding and gobbled up various Twitter clients. Twitter <a href="http://emoney.allthingsd.com/20110218/twitter-suspends-ubertwitter-and-twidroyd-apps-for-violating-policies/">blocked</a> some of the company&#8217;s apps for three days last month, saying they violated multiple<br />
policies.</p>
<p>Twitter competes with both start-ups, offering its own search site and software clients for various platforms.</p>
<p>Besides running its search site, Topsy also provides analytics tools for marketers and widgets for publishers including IDG Media, The Huffington Post and Discovery Communications. The company brags that its search is super speedy (capable of processing over 1 million documents per second) and smart (ranking results based on social graph analysis, which Google and Bing are only starting to do).</p>
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		<title>Vicarious Systems Says Its Artificial Intelligence Is the Real Deal</title>
		<link>http://allthingsd.com/20110210/vicarious-systems-says-its-artificial-intelligence-is-the-real-deal/</link>
		<comments>http://allthingsd.com/20110210/vicarious-systems-says-its-artificial-intelligence-is-the-real-deal/#comments</comments>
		<pubDate>Thu, 10 Feb 2011 20:41:34 +0000</pubDate>
		<dc:creator>Tomio Geron</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=36205</guid>
		<description><![CDATA[A number of websites, such as Face.com and Google Inc.’s Like.com, provide facial-recognition tools that enable users to search through digital photos. But new stealthy start-up Vicarious Systems intends to go much further with its artificial intelligence software.]]></description>
			<content:encoded><![CDATA[<p>A number of websites, such as Face.com and Google Inc.’s Like.com, provide facial-recognition tools that enable users to search through digital photos. But new stealthy start-up Vicarious Systems intends to go much further with its artificial intelligence software.</p>
<p>Vicarious is designing artificial intelligence software intended to learn to “see” and recognize objects and things just as the human brain does from the time of a baby’s birth. This is much more complicated than designing a program to recognize a shape, say a shoe, and then find many other similar shapes, according to Vicarious.</p>
<p>The company just raised its first institutional funding led by Founders Fund with participation from Felicis Ventures; Dustin Moskovitz, co-founder of Facebook; Adam D’Angelo, co-founder of Quora and former CTO of Facebook; and Joe Lonsdale, co-founder of Palantir.</p>
<p><a href="http://blogs.wsj.com/venturecapital/2011/02/10/vicarious-systems-says-its-artificial-intelligence-is-the-real-deal/?mod=rss_WSJBlog&#038;mod=tech">Read the rest of this post on the original site</a></p>
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		<title>Why Is Google Spending $10 Million on Fflick? Perhaps to Predict Box Office Success.</title>
		<link>http://allthingsd.com/20110125/why-is-google-spending-10-million-on-fflick-perhaps-to-predict-box-office-success/</link>
		<comments>http://allthingsd.com/20110125/why-is-google-spending-10-million-on-fflick-perhaps-to-predict-box-office-success/#comments</comments>
		<pubDate>Wed, 26 Jan 2011 00:36:37 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
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		<category><![CDATA[Bernardo Huberman]]></category>
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		<guid isPermaLink="false">http://newenterprise.allthingsd.com/?p=2312</guid>
		<description><![CDATA[Fflick tells you what movies your Twitter friends like and dislike. Google may be dropping $10 million on the service for something far more valuable than that.]]></description>
			<content:encoded><![CDATA[<p><img src="http://newenterprise.allthingsd.com/files/2011/01/crystal-ball-lotr-275x208.jpg" alt="" title="crystal-ball-lotr" width="275" height="208" class="alignright size-medium wp-image-2316" />When I first read on <a href=http://techcrunch.com/2011/01/25/google-to-acquire-fflick-for-10-million/>TechCrunch</a> that search giant Google is in the process of acquiring the movie-tweet analysis service <a href=http://fflick.com/>Fflick</a>, it triggered a memory that prompted me to start digging through my Gmail account. Once that digging was done I had found a year-old paper produced by two researchers at Hewlett-Packard that in turn led me to an interesting theory about one reason Google may be shelling out for this service, which at first glance looks like nothing more than one of dozens of consumer recommendation engines geared toward movies.</p>
<p>This research paper was produced by two social-computing researchers at HP Labs: Bernardo Huberman and Sitaram Asur. It&#8217;s titled &#8220;Predicting the Future With Social Media&#8221; [<a href="http://www.hpl.hp.com/research/scl/papers/socialmedia/socialmedia.pdf">PDF here</a>], and it looks at Twitter as a means of predicting the box-office success of newly release films based on the number of people tweeting about them and the sentiments contained in those tweets.</p>
<p>They argued that Twitter was a far better predictor of box-office success than the motion picture industry&#8217;s &#8220;tracking&#8221; reports that studios have used for years. In fact, the two researchers said at the time that Twitter could predict with nearly 98 percent accuracy whether a movie would be a hit or a flop in its first weekend of release. For the study, they mined nearly three million tweets referring to 24 different movies over a time period of three months.</p>
<p>Fflick does some sentiment analysis of its own, but uses that data to help Twitter users decide whether they are going to buy a ticket to a movie based on whether their Twitter friends liked it. Could it be that Google wants to mine that same sentiment data to help movie studios predict box-office sales?</p>
<p>As I said, this is only a theory&#8211;one that I admit I&#8217;m stretching to the max. I can&#8217;t find any connection between the two researchers and Ffflick&#8217;s four founders, or its investors, which includes the Founders Fund, though there needn&#8217;t be one for my theory to be close to the mark. Fflick was started in August of last year, about five months after the paper was published. And the paper itself was widely covered at the time, in particular by <a href="http://articles.latimes.com/2010/apr/02/business/la-fi-ct-twitter3-2010apr03">the Los Angeles Times</a>.</p>
<p>Since neither Google nor Fflick is commenting on this deal, which is supposedly still pending, I thought it was worth suggesting as a possible motivation on Google&#8217;s part.</p>
<p><a href="http://www.electronista.com/articles/11/01/25/google.buys.fflick.for.10m.in.youtube.movie.push/">Electronista thinks</a> it may have something to do with forecasting popularity on Google&#8217;s forthcoming YouTube movie project and the need to predict.</p>
<p>I did check in with the paper&#8217;s principal author, Huberman, by email to ask what he thought. His reply: &#8220;Sentiment analysis of tweets is great for marketing studies and Google wants to go there since they have search going on with Twitter.&#8221; Time will tell if this is what Google has on its mind.</p>
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		<title>Collecta: Another Real-time Search Engine Bites the Dust</title>
		<link>http://allthingsd.com/20110119/collecta-another-real-time-search-engine-bites-the-dust/</link>
		<comments>http://allthingsd.com/20110119/collecta-another-real-time-search-engine-bites-the-dust/#comments</comments>
		<pubDate>Thu, 20 Jan 2011 02:09:05 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
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		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=2506</guid>
		<description><![CDATA[Los Angeles-based start-up Collecta has shuttered its real-time search business, including a destination site, API and publisher widgets. The company follows OneRiot, Ellerdale and other competitors that have hightailed away from indexing status updates from social services, which a couple of years ago had seemed like an enormous opportunity.]]></description>
			<content:encoded><![CDATA[<p>Los Angeles-based start-up <a href="http://collecta.com/">Collecta</a> has shuttered its real-time search business, including a destination site, API and publisher widgets. The two-year-old company isn&#8217;t closing down, but will pivot to unannounced and related projects, said CEO Gerry Campbell in a phone conversation today.</p>
<p>Asked whether creating a real-time search engine is a viable start-up business, Campbell answered quickly: &#8220;No.&#8221; His company&#8217;s pivot is the latest of multiple efforts in the space; last year, OneRiot gave up its search business to pursue real-time advertising, and Ellerdale sold to Flipboard to help add relevance analysis to its social magazine app.</p>
<p><img class="alignright size-thumbnail wp-image-2510" title="COLLECTA" src="http://networkeffect.allthingsd.com/files/2011/01/COLLECTA-150x150.png" alt="" width="150" height="150" />The exit of Collecta and its competitors from real-time search is remarkable given they had swarmed to the space only a couple of years ago.</p>
<p>In 2009, many entrepreneurs and their investors bet that real-time search was the next frontier, recognizing that search engines were having trouble handling the onslaught of status updates and fresh information streaming onto the Web from Twitter and elsewhere.</p>
<p>Given the companies&#8217; emphasis on speed, perhaps it&#8217;s not surprising that they failed and moved on so quickly.</p>
<p>Campbell would not say how many employees Collecta had laid off as part of the change, but he maintained the company has plenty of money in the bank from the <a href="http://www.google.com/search?sourceid=chrome&amp;ie=UTF-8&amp;q=collecta+funding">$4.7 million</a> it raised last spring from Dace Ventures and True Ventures. Mashable <a href="http://mashable.com/2011/01/19/startup-collecta-shuts-down-search-engine/">reported</a> earlier today in its story about the Collecta changes that co-founder Jack Moffitt is no longer with the company.</p>
<p>Campbell said Collecta will apply its &#8220;very serious technology&#8221; to other real-time projects, but it will not become a real-time ad engine like OneRiot.</p>
<p>Who&#8217;s left in real-time search? There are still a few, including <a href="http://www.wowd.com/">Wowd</a> and <a href="http://topsy.com/">Topsy</a>.</p>
<p>Topsy&#8217;s tweet search is much more comprehensive than Twitter&#8217;s own, and it serves half a billion queries per month, mostly through its API, Topsy co-founder Rishab Aiyer Ghosh told NetworkEffect via email today. And while Google and Bing also index tweets (and Bing has an extensive relationship with Facebook), they have not fully incorporated social updates into their core search engines.</p>
<p>&#8220;With TweetMeme, CrowdEye and Collecta all pivoting out of it, Topsy may be the only real-time/social search engine left,&#8221; Ghosh said. He maintained that there&#8217;s still an opportunity to build an independent real-time search engine &#8220;done right,&#8221; despite the competition dropping like flies. Topsy has raised $15 million in funding from investors including BlueRun Ventures, Ignition Partners and the Founders Fund.</p>
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		<title>An Unorthodox Take on Philanthropy</title>
		<link>http://allthingsd.com/20101215/an-unorthodox-take-on-philanthropy/</link>
		<comments>http://allthingsd.com/20101215/an-unorthodox-take-on-philanthropy/#comments</comments>
		<pubDate>Wed, 15 Dec 2010 22:37:22 +0000</pubDate>
		<dc:creator>Pui-Wing Tam</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=34015</guid>
		<description><![CDATA[Peter Thiel co-founded electronic-payments service PayPal and currently runs hedge fund Clarium Capital and venture-capital fund Founders Fund, which has invested in start-ups such as Facebook Inc. Now the entrepreneur-investor has also turned his energy to philanthropy.]]></description>
			<content:encoded><![CDATA[<p>Peter Thiel co-founded electronic-payments service PayPal and currently runs hedge fund Clarium Capital and venture-capital fund Founders Fund, which has invested in start-ups such as Facebook Inc. Now the entrepreneur-investor has also turned his energy to philanthropy.</p>
<p>That doesn&#8217;t mean Mr. Thiel is giving to traditional causes. Instead, his Thiel Foundation supports futurism and liberty through organizations such as the Sens Foundation, which is focused on regenerative biotechnologies, and Imitatio, which concentrates on a theory that people imitate others and desire objects that others own, thereby spurring competition and violence. Underlining his unconventional approach, Mr. Thiel recently sponsored a program to give $100,000 each to 20 students to forgo college and instead spend their time on innovative projects.</p>
<p>Last week, the 43-year-old held an event dubbed &#8220;Breakthrough Philanthropy&#8221; in San Francisco to build awareness for some of those causes. His efforts come as Bay Area tech entrepreneurs such as Facebook Chief Executive Mark Zuckerberg and others announced last Wednesday that they had agreed to give the majority of their wealth to charity.</p>
<p><a href="http://online.wsj.com/article/SB10001424052748703766704576009893104924066.html?mod=WSJ_Tech_LEFTTopNews">Read the rest of this post on the original site</a></p>
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		<title>Topguest Checks In With $2 Million Series A Round (And Peter Thiel as Adviser)</title>
		<link>http://allthingsd.com/20101115/topguest-checks-in-with-2-million-series-a-round-and-peter-thiel-as-advisor/</link>
		<comments>http://allthingsd.com/20101115/topguest-checks-in-with-2-million-series-a-round-and-peter-thiel-as-advisor/#comments</comments>
		<pubDate>Mon, 15 Nov 2010 15:33:57 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=37263</guid>
		<description><![CDATA[Topguest, a check-in loyalty service that was founded just five months ago, has gotten $2 million in Series A funding, as well as nabbing well-known Facebook investor Peter Thiel as an adviser.

Other investors in the round include: Thiel's Founders Fund, as well as angels such as Ron Conway, Keith Rabois, Jeff Clavier and Naval Ravikant.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2010/11/VA-Elevate-Image-FINAL.jpg"><img src="http://kara.allthingsd.com/files/2010/11/VA-Elevate-Image-FINAL-153x300.jpg" alt="" title="VA-Elevate-Image-FINAL" width="153" height="300" class="alignright size-medium wp-image-37264" /></a></p>
<p>Topguest, a check-in loyalty service that was founded just five months ago, has gotten $2 million in Series A funding, as well as nabbing well-known Facebook investor Peter Thiel as an adviser.</p>
<p>Investors in the round include: Thiel&#8217;s Founders Fund, as well as angels such as Ron Conway, Keith Rabois, Jeff Clavier and Naval Ravikant.</p>
<p>Topguest is exiting its beta phase today with partners that include Virgin America, Hilton, Wyndham Worldwide, Kimpton and others.</p>
<p>Using Topguest, those companies can offer deals, making large travel and hospitality loyalty programs social by plugging them into smartphones and geolocation.</p>
<p>Users check in with their existing services&#8211;such as Foursquare, Twitter, Facebook Places and Gowalla&#8211;in order to get benefits such as air miles for your Virgin Elevate account and hotel points for Hilton HHonors.</p>
<p>Topguest is competing in a crowded market, where a lot of such services are offering many kinds of deals.</p>
<p>The San Francisco start-up is most like another service aimed at retailers called Shopkick, where you get points when you check in to its mobile app.</p>
<p>Topguest said the differentiator is that it links into geolocation services already in use, instead of requiring another different check-in and offers points in already existing loyalty programs.</p>
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		<title>Path: The Social App That&#039;s Not Viral (By Design)</title>
		<link>http://allthingsd.com/20101114/path-the-social-app-thats-not-viral-by-design/</link>
		<comments>http://allthingsd.com/20101114/path-the-social-app-thats-not-viral-by-design/#comments</comments>
		<pubDate>Mon, 15 Nov 2010 05:00:26 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
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		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=324</guid>
		<description><![CDATA[While there are many interesting photo-sharing apps out these days, Dave Morin and Path are the most convincing about there being a larger idea behind what they're doing. San Francisco-based Path is stubbornly focused on close personal connections--a.k.a. real friends.]]></description>
			<content:encoded><![CDATA[<p>Silicon Valley is in the midst of a mini photo-sharing app boomlet. We have <a href="http://instagr.am/">Instagram</a> (which started adding 100,000 users per week as soon as it launched last month), <a href="http://picplz.com/">Picplz</a> (which beat out Instagram to get a <a href="http://mediamemo.allthingsd.com/20101110/no-its-not-instagram-photo-sharing-app-picplz-raises-5-million/">Series A</a> round with their shared investor, Andreessen Horowitz) and as of tonight <a href="https://www.path.com/">Path</a>, from former Facebook exec Dave Morin.</p>
<p><div id="attachment_331" class="wp-caption alignright" style="width: 160px"><img src="http://networkeffect.allthingsd.com/files/2010/11/DaveMorin-150x150.png" alt="" title="DaveMorin" width="150" height="150" class="size-thumbnail wp-image-331" /><p class="wp-caption-text">Dave Morin</p></div></p>
<p>All three companies make mobile apps (primarily on the iPhone) that allow users to take and immediately share images with friends. It seems kind of simple and mundane, but all these smart people seem to think photo-sharing is the future.</p>
<p>Morin and Path are the most convincing about there being a larger idea behind what they&#8217;re doing. San Francisco-based Path is stubbornly focused on close personal connections&#8211;a.k.a. real friends.</p>
<p>Unlike every other social site, where there&#8217;s an implicit pressure to collect as many friends and followers as you can (and at the same time increase the site&#8217;s user numbers), Path is only for the people you really know and trust.</p>
<p>In order to force and foster that kind of sharing, Morin&#8217;s team has left out many of the social Web features we&#8217;re used to. Users can do only two things on Path: Share photos and view them.</p>
<p>There are no reciprocal friend relationships, no likes or comments, no fun photo-editing filters, no publishing photos to services like Facebook and Flickr, no editing something after you post and no global user search (you have to know the email or phone number for anyone you want to add).</p>
<p>And there are additional restrictions. Users can only ever share with a maximum of 50 people (though they can follow more than 50 people, if invited). Every single post has its own privacy settings&#8211;you can share with either only the people tagged in it, or only your share list. If you get sick of someone who&#8217;s sharing with you, you can &#8220;pause&#8221; that person until further notice. Users who don&#8217;t have iPhones can view photos on the Web.</p>
<p><img src="http://networkeffect.allthingsd.com/files/2010/11/IMG_0626-200x300.jpg" alt="" title="IMG_0626" width="200" height="300" class="alignleft size-medium wp-image-330" />The most interesting feature for me is that users see which of their contacts have viewed any one photo. So on Path, you can&#8217;t lurk in peace. People know when you&#8217;ve seen their posts. This might be a little creepy, but it also could cut down on those annoying awkward conversations that sometimes happen when you&#8217;ve seen someone post about something online and then they start telling you about it in person.</p>
<p>Photos are tagged with the location where they&#8217;re taken automatically, and users can add people and tags. If someone else takes a picture at that same location, tags that have been previously used near that place recently will be at the top of the list.</p>
<p>The idea is those tags will be used to help users relive their memories stored on the service. So, for instance, someone Morin shares with could retrace his &#8220;path&#8221; of wine tasting in Napa by zooming in on a map of the pictures he posted from California wine country.</p>
<p>But the thing is, if you want to go try Path (which you&#8217;ll be able to do in the U.S. and Canada as of 9 pm PT tonight by going to <a href="http://itunes.apple.com/us/app/path/id403639508?mt=8">Apple&#8217;s App Store</a>, and in the rest of the world within a few hours), it&#8217;s going to seem rather empty at first. You&#8217;ll have to seek out friends to share with from scratch&#8211;but even worse, nobody will be sharing with you until they decide to add you.</p>
<p>Unlike just about every other social service, Path is not really viral. At all. So even though it&#8217;s interesting, its numbers are highly unlikely to correspond favorably to those of competitors like Instagram. And after all, how many mobile photo-sharing apps are you really going to use?</p>
<p>&#8220;We really prioritize slow organic growth over hyper-viral growth and going after influencers to build this really steep graph,&#8221; said Morin, who formerly helped lead Facebook Platform and Facebook Connect before leaving the company in January. &#8220;We are building Path to be a 30-year brand.&#8221;</p>
<p>He added, &#8220;Many of the photo-sharing apps are photo-blogging apps and popularity contests. On Path, you should always feel comfortable being yourself.&#8221;</p>
<p>This antiviral stuff almost seems like overkill, but Morin grounds Path&#8217;s feature decisions in the theories of the evolutionary anthropologist Robin Dunbar (known for the oft-cited &#8220;Dunbar&#8217;s Number&#8221; of 150 acquaintances, he also proposes that 40-60 people is the outer bound of our personal networks) and Nobel prize-winning psychologist Daniel Kahneman (who talked about the difference between experience and memory in a <a href="http://www.ted.com/talks/daniel_kahneman_the_riddle_of_experience_vs_memory.html">well-received TED Talk</a> on happiness).</p>
<p>If this hyper-personal stuff works, I think Path could potentially create a third major category of social network, distinct from the kind of relationships found on the two current giants, Facebook and Twitter. But let&#8217;s not get too far ahead of ourselves&#8211;and c&#8217;mon Dave, you should really let people comment on and like their friends&#8217; photos.</p>
<p>Path was co-founded by Morin, Shawn Fanning and Dustin Mierau, both formerly of Napster. The staff also includes Mallory Paine, who helped engineer the iPhone photo and camera apps for Apple, and Matt Van Horn, who formerly did business development at Digg. Fanning is chairman and landlord of the company but is working on his own other projects day-to-day.</p>
<p>Path has already raised a jumbo seed round with Index Ventures, First Round Capital, Founders Fund and Betaworks. The company also provided us with an extensive list of individual angel investors: Ron Conway, Kevin Rose, Ashton Kutcher, Keith Rabois, Dustin Moskovitz, Marc Benioff, Gary Vaynerchuk, Steve Anderson, Tim Draper, Joi Ito, Fadi Ghandour, Matt Cohler, Sam Lessin, Bill Randuchel, Karl Jacob, Paul Buchheit, Ruchi Sanghvi, John Couch, Michael Parekh, Claudio Chiuchiarelli, Maurice Werdegar, Don Dodge, and Chris Kelly.</p>
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		<title>Bit.ly URL Shortener Raises $10 Million</title>
		<link>http://allthingsd.com/20101007/bit-ly-url-shortner-raises-more-money/</link>
		<comments>http://allthingsd.com/20101007/bit-ly-url-shortner-raises-more-money/#comments</comments>
		<pubDate>Thu, 07 Oct 2010 20:24:33 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=24258</guid>
		<description><![CDATA[Bit.ly, the start-up you've probably used recently to send someone a shorter version of a Web address, has raised another round of funding. The service, spun out of the Betaworks incubator, says that the RRE VC fund led the round, and that partner Eric Wiesen will join the company's board.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/03/bitly_puffers.png"><img class="alignright size-medium wp-image-5785" title="bitly_puffers" src="http://mediamemo.allthingsd.com/files/2009/03/bitly_puffers-250x217.png" alt="" width="250" height="217" /></a>Bit.ly, the start-up you&#8217;ve probably used recently to send someone a shorter version of a Web address, <a href="http://blog.bit.ly/post/1263978515/bit-ly-series-b">has raised another round of funding</a>. The service, spun out of the Betaworks incubator, says that the RRE VC fund led the $10 million round, and that partner Eric Wiesen will join the company&#8217;s board.</p>
<p>Bit.ly has now raised about $14 million in a couple of years, but so far has only a nascent revenue stream: About 4,000 different companies have white label versions of Bit.ly&#8217;s URL shortener (the New York Times, for instance, uses Bit.ly to create addresses like this: http://nyti.ms/bm8lk2). But only some of them pay for that service, at a rate of $1,000 a month.</p>
<p>The real business, which Betaworks CEO John Borthwick says the company will begin to build out with its new money, is turning Bit.ly&#8217;s data set into money.</p>
<p>People clicked on six billion Bit.ly links last month, Borthwick says. And he imagines that all sorts of folks, from Google (GOOG) on down, would be willing to pay to license the data.</p>
<p>It&#8217;s worth noting that Yahoo (YHOO), among others, has been doing some tire-kicking around the service&#8211;maybe more, depending on whose story you&#8217;d like to listen to.</p>
<p>Other investors in this round include OATV, Mitch Kapor, Founders Fund, SV Angel, Joshua Stylman, Peter Hershberg and David Shen. The <a href="http://mediamemo.allthingsd.com/20100910/the-new-york-times-gets-a-bite-of-bit-ly/">New York Times (NYT)</a>, as I have previously written, picked up a piece of Bit.ly this summer as partial payment for its work in in News.me, a yet-to-be-launched social news service for Apple&#8217;s (AAPL) iPad.</p>
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		<title>Founders Fund Finds $250 Million More to Invest</title>
		<link>http://allthingsd.com/20100720/founders-fund-finds-250-million-more-to-invest/</link>
		<comments>http://allthingsd.com/20100720/founders-fund-finds-250-million-more-to-invest/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 15:57:32 +0000</pubDate>
		<dc:creator>Voices</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=27338</guid>
		<description><![CDATA[Founders Fund, which has put venture capital behind companies like Facebook, Spotify and SpaceX, announced today it had closed its third venture fund--at $250 million, its largest. The money will go into consumer Internet companies, as well as those working on major science and engineering advances.]]></description>
			<content:encoded><![CDATA[<p>Founders Fund, which has put venture capital behind companies like Facebook, Spotify and SpaceX, announced today it had <a href="http://www.pehub.com/77708/founders-fund-raises-250-million/">closed its third venture fund</a>&#8211;at $250 million, its largest. The money will go into consumer Internet companies, as well as those working on major science and engineering advances.</p>
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		<title>Yammer Grabs $10 Million More in Funding</title>
		<link>http://allthingsd.com/20100202/yammer-grabs-10-million-more-in-funding/</link>
		<comments>http://allthingsd.com/20100202/yammer-grabs-10-million-more-in-funding/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 05:24:50 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=23966</guid>
		<description><![CDATA[Yammer, the enterprise equivalent of Twitter, said it had grabbed another $10 million in financing, after raising $5 million a year ago.

But the question for the San Francisco-based microblogging service for businesses and closed groups is: "What are you working on?"

Emergence Capital took the lead in the Series B round for Yammer, along with ubiquitous Silicon Valley investor Ron Conway and previous investors.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/02/yammer.png" alt="" title="yammer" width="250" height="51" class="alignright size-full wp-image-23974" /></p>
<p>Yammer, the enterprise equivalent of Twitter, said it had grabbed another $10 million in financing.</p>
<p>But the question for the San Francisco-based microblogging service for businesses and closed groups is: &#8220;What are you working on?&#8221;</p>
<p>Yammer has both free and a paid&#8211;the gold level is $5 per user, per month&#8211;versions and is essentially a useful productivity tool.</p>
<p>Emergence Capital took the lead in the Series B round for <a href="http://www.yammer.com">Yammer</a>, along with ubiquitous Silicon Valley investor Ron Conway and previous investors.</p>
<p>Yammer previously raised $5 million from Charles River Ventures and The Founders Fund.</p>
<p>Here&#8217;s the release:</p>
<blockquote class="memo"><p><strong>Yammer Secures $10 Million in Series B Funding from Emergence Capital and Previous Investors</strong></p>
<p>Investment To Fuel Product Innovation and Sales Coverage</p>
<p><strong>SAN FRANCISCO, Calif., February 3, 2010</strong>&#8211;Yammer, Inc., the leader in Enterprise Microblogging and Real-time Communications, today announced that it has received $10 million in its Series B round of funding.  Emergence Capital leads the round; with general partner Jason Green joining Yammer’s Board of Directors. SV Angel, led by seasoned Silicon Valley investor, Ron Conway, is also participating as are previous investors, including Charles River Ventures and Goldcrest Investments from Dallas.</p>
<p>Yammer launched its solution in September 2008 and has experienced rapid user adoption with over 60,000 organizations globally having adopted the solution. Drawing on this momentum, Yammer will use the proceeds to accelerate product innovation and increase sales coverage.</p>
<p>&#8220;Yammer is revolutionizing the way employees communicate and collaborate, filling a need that email has failed to deliver,&#8221; said Jason Green, general partner at Emergence Capital. &#8220;Yammer has a passionate and proven executive team, a compelling freemium business model, a loyal customer base and a huge market opportunity. We are thrilled to be joining them in the next phase of their rapid growth.&#8221;</p>
<p>Companies and organizations of all sizes across a wide range of industries benefit from Yammer. They use Yammer for a multitude of reasons, including improving workforce productivity, connecting a geographically dispersed team, getting new employees up to speed, and increasing the flow of content and knowledge.</p>
<p>&#8220;Yammer is focused on improving the way employees communicate and stay connected to critical information about their company and job,&#8221; said David Sacks, founder and CEO at Yammer. &#8220;We&#8217;re pleased with the rapid growth and market adoption we&#8217;ve achieved and are poised to accelerate it with exciting enhancements to our product and with broadened sales coverage. We&#8217;re eager to work with Emergence Capital and leverage their expertise in building world-class Software-as-a-Service (SaaS) companies and are gratified that proven technology investors such as SV Angel and Charles River Ventures are also participating in the funding.&#8221;</p></blockquote>
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