Selected headlines about the App Economy
| Kleiner Perkins iFund doubles to $200m, investing in iPad apps from Shazam, ngmoco and more | March 31, 2010 |
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Apple said it expects the iPad to be a "second gold rush" of app development as consumers rush
to add content to their new devices, and it looks like Kleiner Perkins Caufield & Byers agrees:
the venture capital firm just announced that it's expanding the iFund to $200 million to invest
in iPad app development.
Endgadget Article |
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| Chomp raises $2M for Apple app directory | March 11, 2010 |
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Chomp, a startup directory and user review site for Apple App Store applications,
has raised $2 million from BlueRun Ventures, SV Angel partners Ron Conway and David Lee
and DailyBooth CEO Brian Pokorny. Eight weeks after launching service, San Francisco-based Chomp has 300,000 active users who have contributed 1.5 million reviews, said co-founder Ben Keighran. Chomp gets 5 percent of sales made through its site. SF Business Times News Article |
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| Vook lands $2.5 million | February 19, 2010 |
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Vook announced on Friday it's landed $2.5 million in funding.
Investors include the legendary Ron Conway who's invested in Twitter,
Kenneth Lerer of the Huffington Post, Maples Investments, Baseline Ventures and
Founder Collective. It makes sense the funding comes now, at a time when touch devices and tablet computing is said to explode in 2010. Vator News Article |
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| IPhone apps: A launch point for a new wave of tech giants? | December 22, 2009 |
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"I absolutely think there will be large public companies built around this ecosystem," said Matt Murphy, a partner at Kleiner Perkins Caufield & Byers
Los Angeles Times Article |
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| iPhone Apps: The Next Global Tech Revolution | December 22, 2009 |
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"Indeed, veteran industry executives, investors and analysts are calling the shift to internet-capable devices and the apps that run on them a once-a-decade leap in technology, on a par with the great personal computing boom of the 1980s and the debut of the World Wide Web in the 1990s."
Seeking Alpha Post |
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| $8m sounds good to SonicMule | December 16, 2009 |
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"IPhone application maker SonicMule Inc., also known as Smule, raised $8 million in venture funding."
San Fransisco Business Times Article |
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| Sequoia Capital Invests In Bump Technologies, The iPhone-Tapping Data Swap App | October 24, 2009 |
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"The company is also Y Combinator-funded, and has been featured in Apple's TV ads.
Update: A source tells us the was a $3 million venture raise at a $10 million
post-money valuation."
TechCrunch Article |
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| MLB.com vets get funding for social media startup Hot Potato | October 23, 2009 |
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"The company, led by eight-year MLB.com veteran Justin Shaffe, is still under wraps,
but Media Memo writer Peter Kafka has outed a $1 million funding round led by
First Round Capital and RRE Ventures."
VentureBeat Article |
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| Mary Meeker: Economy Is Recovering, Mobile Is Exploding, And The iPhone Is Awesome | October 20, 2009 |
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"Mary Meeker thinks we're in a new computing cycle with the mobile web.
Meeker believes Apple's iPhone and iPod touch are leading the way here, big time.
She thinks the mobile web will be 10 times as big as the more traditional
desktop Internet, and that it will grow much faster."
TechCrunch Article |
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| Shazam Raising Additional Funds From Kleiner Perkins iFund | October 14, 2009 |
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"Kleiner Perkins made the investment through their iFund financial arm which is
intended for iPhone application developers. Shazam previously raised $12.3 million
in funding from DN Capital and Acacia Capital."
Pulse2 Article |
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| Booyah! Raises $5 Million In Second Round Funding | October 2, 2009 |
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"Booyah is based in Palo Alto, California and previously raised $4.5 million in
funding from Kleiner Perkins."
Pulse2 Article |
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| Mobile app sales to hit $16 billion per year by 2013 | May 11, 2009 |
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"With over four billion mobile users around the world compared to approximately one billion PCs, mobile will become the ideal channel for businesses to reach their consumers..."
Mobile Business Article |
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| iPhone Game Development Company Ngmoco Raises $10 Million In Funding | March 23, 2009 |
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"...taking their company to the next level by raising $10 million in funding.
The company has been around for about 9 months and this is their second round of funding."
Pulse2 Article |
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