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Gigya Passes 1.5B Unique Monthly Users, or About 2/3 of the Internet

February 5, 2013

Gigya, the provider of social infrastructure, announced it has reached 1.5 billion unique monthly users, up from the billion it reported a year ago. That’s nearly 2/3’s of the global Internet population.…

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Foursquare’s 3 Billion Checkins Showcase America’s Awesome Places

February 4, 2013

Foursquare took the excuse to celebrate the company recently crossing the 3 billion checkins threshold with its release of “The Best of Foursquare.” Rather than a guide curated by editors, travel writers…

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ChaCha Raises $14M to Make Q&A a Respectable Business

January 31, 2013

by MATT GALLAGHER, Red Herring Though plenty of Q&A service sites sleep contentedly in the graveyard, ChaCha is thriving alive and strong. The company recently raised a new round of $14 million.…

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DataGravity Lands $30M to Simplify Understanding Data

January 29, 2013

Though it won’t market a product until 2014, DataGravity has already landed some pretty serious capital. The stealth mode startup recently raised $30 million in a round led by with existing investors…

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Google Cashes in On First $50B Year in 2012

January 22, 2013

Google broke another record, earning its first $50 billion in annual revenue in 2012, thanks in a large part to strong fourth quarter earnings that generated $14.62 billion, an increase of 26…

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Baidu Partners with France Telecom to Bring Mobile Browser to Africa

January 16, 2013

Baidu, the Chinese search giant, has signed an exclusive deal with France Telecom and its subsidiary Orange to co-brand and pre-load its Baidu mobile browser on Android smartphones in Africa and the…

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Gaming M&A’s Break Records, Earn $4B in 2012

January 15, 2013

Acquisitions for gaming companies broke a new record last year, raking in $4 billion, an 18 percent increase from the $3.4 billion earned in 2011, according to recent research from Digi-Capital, the…

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Apple: China to Become #1 Customer, Negotiating with China Mobile

January 14, 2013

While making his second trip to China as Apple’s CEO, Tim Cook told China’s state-run Xinhua news agency that China will one day become the company’s largest customer. Currently, China ranks as…

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Sina Weibo, China’s Twitter, Rolls Out English Language Interface

January 11, 2013

Sina Weibo, a social microblogger that has sometimes been referred to as China’s “Twitter,” has rolled out an English language interface, widening marketing possibilities that could extend the service to more international…

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Konsonant Rewrites How Movie Soundtracks Are Arranged

January 10, 2013

by MATT GALLAGHER, Red Herring Providing a one-stop shop for music soundtracks for TV and film producers, konsonant/ is rewriting the rules for how soundtracks are produced. The company’s database features music…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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