Sunday, 4 September 2011

Monthly Report(August 2011)


Shocking Technologies, founded in 2006, raised $15.2 million. Shocking Technologies develops Voltage Switchable Dielectric materials that protect electronic components from harmful electrostatic discharge (ESD). This unwanted current can damage electronic devices.
MapR Technologies secured $20 million in second round of funding. MapR provides complete distribution of Apache Hadoop adding to it, its own breakthroughs which make Hadoop more reliable, affordable, manageable and easier to use.
Innovid, which provides interactive video ads solutions added $9.5 million to its funding. It is powered by its iRoll- the interactive pre-roll unit and DYNAMO- its Agency Video AdServer and Analytics platform.
DoubleVerify, the online media verification and monitoring service provider, got $33 million in series C finance.
Taptera, company developing apps for iPhone and iPad, nabbed $2 million in its first round of funding. So there we can expect to see them develop a gamut of applications in coming days!
Druva secured $12 million, which will be utilized to expand its services, sales and marketing in targetted regions, in second funding round. Druva’s Enterprise inSync software sets a new benchmark for enterprise laptop backup, including support for smartphones and tablets.
Sentilla, a provider of data center analytics and automation of its work loads, received $15 million in third funding round.
Centrify secured investment of $16 million. It provides security and compliance solutions to centrally control and monitor on-premise as well as cloud-based systems and apps.

CloudSwitch which provides solutions to Run your enterprise applications in the cloud simply and securely, without re-architecting the application or changing your management tools, has been acquired by Verizon Communications. Verizon provides broadband and other wireless and wireline communications services. Lets hope for some breakthroughs in the cloud-world with this merger!
Reddit acquired redittgifts.com, a large gift exchanging platform.
GroupMe, service which lets you create and groups from folks who are already in your contact lists, and communicate or share with them has been acquired by Skype. Ummmm.....I'm visualizing an advanced chat room from Skype in near future :)
Engine Yard, a giant PaaS provider, acquired Orchestra which is a platform for deploying, managing and scaling PHP applications.
oneforty, the developer of social media management platform- SocialBase, was acquired by inbound marketing software company HubSpot. I really love the marketing e-books by HubSpot. Hope this acquisition makes their contents richer.
In succession, this time also BuyWithMe has made the news in acquisition area. It acquired Scoop St., a social commerce site in NYC. And the scoop is that Scoop St. is now BuyWithMe NYC (I'm trying to recollect the name of figure of speech I've created in this statement;) )
Google bought Motorola Mobility, a dedicated Android partner, for $12.5 billion.

Google +1 Button chrome extension has come officially from Google, to +1 any page we visit.
FB has launched its Facebook Like Button plugin to like, recommend or share from any site/video.
So in coming days we can expect many more official chrome extensions (when Google and FB have stepped in, rest are sure to join the flock!)
There is buzz about CrunchFund- an early stage VC firm founded by TechCrunch founder and editor Michael Arrington and Patric Gallagher. It has raised $20 million as of now. Though its site is not available yet, you can visit CrunchBase profile (Siblings after all;) )