Fundings & Exits

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Apple Secretly Acquired “Pandora For Books” Startup BookLamp To Battle Amazon

BookLamp Apple Feature E-book data analysis company BookLamp may have been acquired by Apple, according to a source and several bits of corroborating evidence that point to the startup shutting down and its team’s presence in the Cupertino area. BookLamp’s “Book Genome Project” was designed to scan the writing style of books you like and suggest novels or authors with a similar feel. It… Read More

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Fixed Raises $1.2 Million For A Mobile App That Fights Your Parking Tickets For You

fixed Fixed, the clever mobile application that helps you fight your parking tickets just by snapping a photo of the ticket with your mobile phone, has now closed on $1.2 million in seed funding. Investors in the round include Y Combinator, Merus Capital, Scott Banister, John Cobbs, Mark Randolph, Matt Humphries, Eric Wu and David King. Headquartered in San Francisco, which also serves as its… Read More

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Mobile Action Raises $800K For Its App Discovery And Optimization Service

1399349_365090890292112_2125894446_o Getting a mobile app discovered, downloaded and then highly ranked is a challenging business – and one that’s now being dominated by larger players, it seems. One company benefiting from that trend is Mobile Action, a one-stop shop for mobile app user acquisition. Now on track for $2 million in revenue this year, the startup has also just raised $805,000 in seed funding from Felicis… Read More

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Samsung Backs GamePop As BlueStacks Adds $13M In New Funding

gp+samsung1 Samsung’s venture arm has contributed to a round of funding that adds $13 million to the total raised by BlueStacks, the virtualization startup that debuted its GamePop platform earlier this year to offer over-the-top mobile gaming for living room and TVs. Samsung’s investment backs the company’s vision of delivering GamePop as a white-label solution aimed at TV makers and… Read More

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Facebook’s $2 Billion Acquisition Of Oculus Closes, Now Official

oculus-facebook Facebook now owns Oculus. The $2 billion acquisition deal of the virtual reality pioneer announced in March has been approved by regulators and today become official. The FCC’s anti-trust team greenlighted the deal in April. Now it has passed the California Department Of Corporations fairness hearing and will go into effect. The exact price of the acquisition came out to $2,001,985,000. Read More

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Twitter Acquires CardSpring To Power In-Tweet Commerce And Offers

Cardspring human Twitter just announced it’s acquired CardSpring to enable “in-the-moment commerce experiences.” CardSpring is an application platform that lets developers build card-linked offers electronic coupons, loyalty cards, and virtual currencies that work with credit cards and other types of payments. Twitter will keep the service open. CardSpring writes “At Twitter, we… Read More

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Shipping Startup Shyp Raises $10M Led By SherpaVentures, Plans Expansion To New York City

Shyp On-demand shipping startup Shyp only officially launched in San Francisco just a few months ago, but it’s already looking to expand to new markets. First, though, the company raised $10 million in new capital, led by Shervin Pishevar and Scott Stanford’s SherpaVentures. The funding follows $2.3 million in seed funding that Shyp had raised from Homebrew Ventures and a large number… Read More

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Y Combinator May Be Worth One Billion Dollars. Here’s The Math

yc-money-bed Y Combinator’s president Sam Altman dropped some big stats about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion. Specifically, you can use that number to approximate how much YC’s stake is worth. The ballpark answer? Around $1.05 billion. Read More

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