Saturday, 4 June 2011

Weekly Report(28th May-3rd June 2011)


UberMedia raised $5.6 million. Its various popular Twitter apps count to 13% of the total Twitter traffic. Ubermedia plans to utilize the funds in growing its partnerships.
OnSwipe, which provides 'Insanely easy tablet publishing' raised $5 million in series A, referred to as series Awesome by them. They plan to use the funds for hiring the best HTML5 team, apart from the their monstrous work.
MobileIron secured $20 million in fourth round of funding. It creates mobile device management tools and security tools for enterprise systems.
ValueAppeal, a company that helps home owners file appeals on their property taxes in US, raised $1.6 million. With the added capital the website is going to be enhanced further. 
Portalarium, the developer and publisher of premium online games and virtual worlds for popular social networks and mobile platforms, closed its second round of funding.
Appsfire, a French startup easing out apps discovery, secured $3.6 million funding.


Google acquired PostRank, a social analytics company. PostRank social engagement data measures actual user activity, the most accurate indicator of the relevance and influence of a site, story, or author.
The developer company of Angry Birds game- Rovio, acquired a leading Finland-based animation studio Kombo. This acquisition is a clear indication of Rovio's animation capabilities growing stronger. 
Twitter acquired AdGrok, that simplifies internet advertising for one and all. Using the grokbar, you’ll be following all the Google AdWords best practices automatically.
OpenX, the online advertising company grabbed $20 million in fourth round of funding. SAP is known to be interested in real-time enterprise products, which is why they have invested in OpenX.


Google released developer preview of WebRTC, a free and open project that enables web browsers with Real-Time Communications (RTC) capabilities via simple Javascript APIs. Developer community can integrate this technology in their own apps and products.
The advent of June 2011 marked the download number of games by Blackflip Studios to have crossed 100 million. For a small company having such a big number in mere 2 years is indeed a significant achievement.
Heyzap, an online popular network that lets check-in apps for games on Android devices has launched its app for iPhone now.

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