October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Business
Zaarly Raises $14.1M In Funding, Adds HP CEO Meg Whitman To Board Of Directors
Social commerce platform Zaarly has announced it has closed a Series A $14.1 million funding round. The company has also added HP CEO and former eBay CEO Meg Whitman to its board of directors. The funding round was led by Kleiner Perkins and Sands Capital Ventures. Investors and VC firms including CMEA, Venture51, Crunchfund, Artists & Instigators and Marc... Read more » REPORT: Zynga Planning Mid-November IPO
Zynga is said to be planning to hold its long-awaited IPO in mid-November. The social gaming company may begin to trade on the stock market the week before the U.S. Thanksgiving holiday on Nov. 24. This falls in line with a previous report which suggested that the IPO will take place next month. Reuters cites two sources as saying that Zynga's plans may change... Read more » Social Learning Company Grockit Closes $7M Funding Round
Social learning company Grockit has closed its $7 million Series D funding round. The round was led by Atlas Venture, a previous investor in the company. Returning investors Benchmark Capital and Integral Capital Partners took part in the round as did new investors NewSchools Venture Fund and GSV Capital. This brings Grockit's total funding to $24 million. Grockit... Read more » Zynga’s Shares To Be Listed On NASDAQ, Chooses ‘ZNGA’ As Stock Symbol
Social gaming company Zynga has decided to list its shares on the Nasdaq stock exchange under the ticker symbol “ZNGA” when it holds its IPO. The decision was revealed in an updated filing with the U.S. Securities and Exchange Commission. In the filing, Zynga says, "We intend to apply to have our common stock approved for listing on the NASDAQ Global Select... Read more » HootSuite Acquires Location-based Marketing Tool Geotoko
HootSuite has acquired the location-based marketing tool Geotoko, which will help businesses gain insight on and market to their audience and customers. Geotoko’s geo-analytic software reports on location-based social media interactions including key influencers, customer sentiment and demographic patterns. This helps businesses determine audience behavior and... Read more » LinkedIn Acquires Real-time Search Provider IndexTank
LinkedIn has acquired IndexTank, a company that provides search technology for other websites and Web services, it has been confirmed. Financial terms of the deal have not been disclosed. IndexTank provides a range of custom search options for companies to integrate into their website without having to host the search software themselves. Features of the service... Read more » Facebook Acquires Friend.ly, Q&A Service To Remain Open
Facebook has acquired social Q&A service Friend.ly, the companies have announced. As a result of the acquisition, the Friend.ly team will be working on new projects at Facebook, but Friend.ly will remain open as a separate service. Financial terms of the deal have not been disclosed. Friend.ly offers you the ability to connect with others by asking and... Read more » LinkedIn Acquires Contact Management Service Connected
LinkedIn has acquired contact management service Connected, it has been confirmed. As a result of the acquisition, Connected has made its service free to all users. Financial terms of the deal have not been disclosed. Connected launched in February with the aim of helping professionals build, maintain and leverage their professional networks. Users are managing... Read more » Rhapsody To Acquire Streaming Music Service Napster From Best Buy
On-demand music service Rhapsody has announced that it will acquire Napster from the electronics retailer Best Buy. Rhapsody will acquire all Napster subscribers along with other assets and Best Buy will receive a small stake in Rhapsody. The acquisition is a big move for Rhapsody as it will combine the user base of 2 of the largest on-demand music services. With... Read more » Twitter Video-sharing Service Twitvid Raises $6.5M In Funding
Twitvid, a service that helps users share video on Twitter, has raised $6.5 million in Series B funding. The round was lead by Azure Capital Partners with participation from existing investor, Draper Fisher Jurvetson. Twitvid plans to use their funding to expand their team and develop their product and technology infrastructure. With the investment, Azure Capital... Read more » 
