Category Archives: Technology

Online storage sector is hot, yet another player is entering the game

Just it was a couple of days ago when we reported and analyzed the two major acquisitions within the online storage sector IBM announced it has acquired XIV, an Israeli company for what is believed to be $350M and some months ago EMC Corporation has snatched up Mozy for $76M. Today we have dug up yet another deal from the same industry.

Intronis Technologies, the parent company of eSureIt’s online storage and backup services, has raised $5 million in Series A round of funding. eSureIt claims to have about 5,000 customers. The funding comes from OpenView Venture Partners, a small Boston based investment fund. 

The sector is under no doubt overcrowded and there are many companies offering similar solutions and services yet the business has proved lucrative with recently some major exit hitting the sector. While eSuireIT has been launched in 2003, we think the real entrance for the company into the online storage and back up market is today after getting the crucial funding.

More about eSureIT

The founders of Intronis have more than 30 years of combined IT consulting, computer system and software design and network installation for small and medium sized businesses and individuals. In the late 1990’s, the founders, after talking with dozens of their clients and other IT professionals came to the realization that most small businesses were not backing up their data at all. The few companies that did backup, often did not properly rotate backup tapes, did not verify that backups were successful, and almost always stored their backup storage devices onsite, often right on top of their computers. This recognition led to the creation of Intronis Technologies and after three years of research and development, software design and testing, the launch of the eSureIT online backup service in 2003.

Essentially eSureIT is an online backup service that allows you to backup your valuable computer data over the Internet. eSureIT automates the process of backing up your data offsite.  Backups begin automatically and your data is sent to and stored in two redundant storage facilities located hundreds of miles apart.  Your data is encrypted, and always remains encrypted using a unique 256 bit encryption key that only you have.  Moreover, with this data backup solution, you can restore your files as often as you need to and at any time day or night, in as easy as a few clicks of your mouse. eSureIT has pricing plans starting at $9.95 for home users and $24.95 for businesses.  They are also offering a free 30-day software trial with no obligation whatsoever.

More about OpenView Venture Partners

OpenView is an expansion stage venture capital fund, with a focus on high-growth software, internet, and technology-enabled companies. Much of the team’s success has been driven by its active role in providing its portfolio companies with strategic value-add services and highly practical operating expertise. OpenView Venture Partners is based in Boston, MA, and invests globally. The current OpenView fund encompasses $100M in committed capital from leading institutional and private investors worldwide, as well as from the members of the OpenView team.

More

http://www.esureit.com/
http://www.intronis.com/
http://mashable.com/2007/10/10/esureit-funding/
http://www.thealarmclock.com/mt/archives/2007/10/online_backups_1.html
http://www.openviewpartners.com/
https://web2innovations.com/money/2008/01/03/two-major-acquisition-deals-within-the-online-storage-space/

Google files patent for recognizing text in images

Google has filed a patent application in July 2007, which has just recently become public claiming methods where robots can read and understand text in images and video. The basic idea here is Google to be able to index videos and images and made them available and searchable by text or keywords located inside the image or the video. Aside Google Inc. the application was filed by Luc Vincent from Palo Alto, Calif. and Adrian Ulges from Delaware, US. The inventors are Luc Vincent and Adrian Ulges.

Digital images can include a wide variety of content. For example, digital images can illustrate landscapes, people, urban scenes, and other objects. Digital images often include text. Digital images can be captured, for example, using cameras or digital video recorders. Image text (i.e., text in an image) typically includes text of varying size, orientation, and typeface. Text in a digital image derived, for example, from an urban scene (e.g., a city street scene) often provides information about the displayed scene or location. A typical street scene includes, for example, text as part of street signs, building names, address numbers, and window signs.”

If Google manages to implement that technology the consumer search will be taken to the next level and Google would have an access to much wider array of information far beyond the text only search it already plays a leading role in.

This, of course, raises some additional privacy issues as being properly noted by InformationWeek. Gogole had already privacy issues with Google Maps Street View and if that technology starts to index and recognize textual information from millions of videos and billions of pictures around Web things might go more complicated.
 
Nonetheless if that technology bears the fruits it promises it will represent a gigantic leap forward in the progression of the general search technology.

There are open sources solutions to the problem. Perhaps not scalable and effective as it would be if Google develops it, yet they do exist.

Andrey Kucherenko from Ukraine is known to have made a very interesting project in that aspect. His classes can recognize text in monochrome graphical images after a training phase. The training phase is necessary to let the class build recognition data structures from images that have known characters. The training data structures are used during the recognition process to attempt to identify text in real images using the corner algorithm. His project is called PHPOCR and more information can be found over here.

PHPOCR have won the PHPClasses innovation awards of March 2006, and it shows the power of what could be implemented with PHP5. Certain types of applications require reading text from documents that are stored as graphical images. That is the case of scanned documents.

An OCR (Optical Character Recognition) tool can be used to recover the original text that is written in scanned documents. These are sophisticated tools that are trained to recognize text in graphical images.

This class provides a base implementation for an OCR tool. It can be trained to learn how to recognize each letter drawn in an image. Then it can be used to recognize longer texts in real documents.

Another very interesting start-up believed to be heavily deploying text recognition inside videos is CastTV. The company is based in San Francisco and over its just $3M in funding is trying to build one of the Web’s best video search engines. CastTV lets users find all their favorite online videos, from TV shows to movies to the latest celebrity, sports, news, and viral Internet videos. The company’s proprietary technology addresses two main video search challenges: finding and cataloging videos from the web and delivering relevant video results to users.

CastTV was one of the presenters at Techcrunch40 and was there noticed by Marissa Mayer from Google. She asked CastTV the following question: “Would like to know more about your matching algo for the video search engines?”. CastTV then replied: “We have been scaling as the video market grows – relevancy is a very tough problem – we are matching 3rd party sites and supplementing the meta data.”

Today we see Marissa’s question in the light of the patent application above and the context seems quite different and the answer from CastTV did not address Google’s concerns. Does CastTV work on something similar to what the patent is trying to cover for Google? We do not know but the time will tell. CastTV’s investors are Draper Fisher Jurvetson and Ron Conway. Hope they make a nice exit from CastTV.
 
Adobe has also some advances in that particular area. You can use Acrobat to recognize text in previously scanned documents that have already been converted to PDF. OCR (Optical Character Recognition) runs with header/footer/Bates number on image PDF files.

It is also interesting that Microsoft had, in fact, applied for a very similar patent (called “Visual and Multi-Dimensional Search“). Even more interesting here is the fact that MS had beaten Google to the punch by filing three days earlier – Microsoft filed on June 26, 2007, while Google filed on June 29.

Full abstract, description and claims can be read below:

More

http://google.com
http://www.wipo.int/pctdb/en/ia.jsp?IA=US2007072578&DISPLAY=STATUS
http://www.techmeme.com/080104/p23
http://www.techcrunch.com/2008/01/04/google-lodges-patent-for-reading-text-in-images-and-video/
http://www.webmasterworld.com/goog/3540344.htm
http://enterprise.phpmagazine.net/2006/04/recognize_text_objects_in_grap.html
http://www.phpclasses.org/browse/package/2874.html
http://www.crunchbase.com/company/casttv
http://www.casttv.com/
http://www.google.com/corporate/execs.html
http://www.centernetworks.com/techcrunch40-search-and-discovery
http://www.setthings.com/2008/01/04/recognizing-text-in-images-patent-by-google/
http://help.adobe.com/en_US/Acrobat/8.0/Professional/help.html?content=WS2A3DD1FA-CFA5-4cf6-B993-159299574AB8.html
http://www.techcrunch40.com/
http://www.therottenword.com/2008/01/microsoft-beats-google-to-image-text.html

Two major acquisition deals within the online storage space

IBM today announced it has acquired XIV, a privately-held storage technology company based in Tel Aviv, Israel. XIV, its technologies and employees, will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. Financial terms of the acquisition were not disclosed but sources tell the price was $350M. 

XIV’s main product Nextra is a storage system based on a grid of standard hardware components. XIV will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. XIV was established in 2002 by five graduates from the 14th class of the Israeli Army’s elite “Talpiot” program where the name XIV coming from. It’s the Roman numeral for 14. The company got only $3 million in backing thus far, making this deal a fairly huge exit for the founders.

“The acquisition of XIV will further strengthen the IBM infrastructure portfolio long term and put IBM in the best position to address emerging storage opportunities like Web 2.0 applications, digital archives and digital media,” said Andy Monshaw, general manager, IBM System Storage. “The ability for almost anyone to create digital content at any time has accelerated the need for a whole new way of applying infrastructure solutions to the new world of digital information.  IBM’s goal is to provide the leading technologies and solutions at every layer of the data center – storage, servers, software and services – to address these new realities IT customers face.” 

“We are pleased to become a significant part of the IBM family, allowing for our unique storage architecture, our engineers and our storage industry experience to be part of IBM’s overall storage business,” said Moshe Yanai, chairman, XIV.  “We believe the level of technological innovation achieved by our development team is unparalleled in the storage industry.  Combining our architectural advancements with IBM’s world-wide research, sales, service, manufacturing, and distribution capabilities will provide us with the ability to have these technologies tackle the emerging Web 2.0 technology needs and reach every corner of the world.”

The NEXTRA architecture has been in production for more than two years, with more than four petabytes of capacity being used by customers today. 

IBM’s acquisition of XIV supports the IBM growth strategy and capital allocation model, as part of the company’s overall objective for earnings-per-share growth through 2010.

XIV is led by Moshe Yanai, one of the key architects of data storage systems and instrumental in the development of EMC’s Symmetrix and DMX product lines throughout the 1990s.

Which brings us to the question why EMC did not buy XIV but that was done by IBM? EMC instead has acquired the online storage startup Mozy, headquartered in Utah. EMC Corporation itself is a public storage company. EMC has paid $76 million for the company, according to web sources.

“Mozy’s technology and online delivery model has proven itself to be one of the industry’s most admired offerings for customers looking to safely and cost-effectively backup and recover their digital information stored on desktops, laptops, and remote office servers,” said Tom Heiser, EMC SVP, Corporate Development and New Ventures. “The acquisition of Mozy is a natural extension of EMC’s leadership in the protection and security of personal and business information. We will continue to invest in Mozy’s full portfolio of online backup and recovery services and advance the Mozy brand in the marketplace.”

“I have been researching and developing internet-scale storage and information management solutions throughout my career,” said Josh Coates, founder and former CEO of Berkeley Data Systems. “EMC and Berkeley Data Systems are a natural fit, and I’m confident that EMC is the right organization to take Mozy to the next level. I look forward to working with EMC to continue innovating in the storage and information management industry.”

The company has basically a very simple way for users to back up their computer hard drives online. You need to download their software and the backups occur slowly over time. Mozy supports both Windows and Mac machines.

Mozy has raised just $1.9 million in venture capital, which is less than the $3M XIV has raised but the XIV’s exit sale is much larger by contrast. The round, closed in May 2005, was led by Wasatch Ventures, with participation from Tim Draper of Draper Associates and Draper, Fisher, Jurvetson and Novell co-founder Drew Major. Mozy was created by Berkeley Data Systems, which is a technology company based in Utah that specializes in large scale, parallel storage systems and software.

There were rumors circulating some time ago that Mozy was close to being acquired by Google for significantly less than this. The company eventually passed on the deal, which must have been a tough call. They clearly made the right choice in waiting.

About EMC Corporation

EMC Corporation is the world’s leading developer and provider of information infrastructure technology and solutions. We help organizations of every size around the world keep their most essential digital information protected, secure, and continuously available. We are among the 10 most valuable IT product companies in the world. We are driven to perform, to partner, to execute. We go about our jobs with a passion for delivering results that exceed our customers’ expectations for quality, service, innovation, and interaction. We pride ourselves on doing what’s right and on putting our customers’ best interests first. We lead change and change to lead. We are devoted to advancing our people, customers, industry, and community. We say what we mean and do what we say. We are EMC, where information lives. EMC Corporation has nearly $40 billion market cap. EMC is listed on the NYSE (NYSE: EMC).

About IBM System Storage business

IBM is a market leader in the storage industry. Innovative technology, open standards, excellent performance, a broad portfolio of storage proven software, hardware and solutions offerings – all backed by IBM with its recognized e-business on demand(r) leadership are just a few of the reasons why you should consider IBM storage offerings. Through its deep industry expertise, patent leadership, research and innovation, IBM has long been the leader in providing customers with technology solutions that help them deliver and utilize information effectively.  With industry recognized leadership in storage and server hardware and software, and through the recent strategic acquisitions of Softek, FileNet and NovusCG, IBM has grown its storage services offerings and presents customers with strategic solutions to deliver integrated software, hardware, services and research in standardized offerings that can be used by customers of all sizes to help them transform their businesses.  

Competition

Other online storage companies include: Amazon’s S3 (Simple Storage Service), Cnet’s All you can Upload, AllMyData, Box.net, eSnips, Freepository, GoDaddy, iStorage, Mofile, Omnidrive, Openomy, Streamload, Strongspace, iBackup, Zingee, Xdrive and Carbonite, which is known to have raised $21 million in venture financing.

It is also rumored that Google is planning to launch gDrive. Microsoft is also jumping into the same bandwagon and more information can be found over here. Zmanda is an open source back up solution as well.

The online storage space is hugely overpopulated and crowded area. Who is next? A comparison chart over some of the companies above can be found over here: http://www.flickr.com/photo_zoom.gne?id=93730415&size=o

Our basic conclusion is that both XIV and Mozy have made very impressive exit deals taking into consideration the small amount of funding they both have taken so far.

More

http://www.mozy.com/
http://mozy.com/blog
http://mozy.com/news/releases
http://www.xivstorage.com/
http://www.xivstorage.com/company/company_news.asp 
http://www.emc.com/
http://www.emc.com/about/
http://www.ibm.com/storage
http://www-03.ibm.com/systems/storage/index.html
http://crunchbase.com/company/mozy
http://www.techcrunch.com/2006/01/31/the-online-storage-gang/
http://www.techcrunch.com/2008/01/03/ibm-acquires-storage-company-xiv-for-350-million/
http://www.techcrunch.com/2008/01/03/benchmark-europe-invests-in-uk-gambling-site/
http://www.crunchbase.com/company/carbonite
http://www.techcrunch.com/2006/01/31/the-online-storage-gang/
http://avc.blogs.com/a_vc/2005/12/online_backups_.html
http://jeremiahthewebprophet.blogspot.com/2006/05/online-data-storage-companies-ongoing.html
http://www.microsoft-watch.com/article2/0,1995,1951237,00.asp?kc=MWRSS02129TX1K0000535
http://www.eweek.com/article2/0,1895,1934589,00.asp
http://sftechsessions.com/2006/06/june-online-storage/
http://c2web.blogspot.com/2006/01/carbonite-online-photo-backup.html
http://www.flickr.com/photo_zoom.gne?id=93730415&size=o
http://www.storagesearch.com
http://ptech.wsj.com/archive/ptech-20061214.html
http://www.usatoday.com/tech/products/2007-10-30-tech-backup_N.htm
http://draperandassociates.com/
http://www.dfj.com/

RockYou named one of the top innovations for 2007

RockYou is amongst the top 6 innovation leaps for 2007 according CNN. Below is what Michael V. Copeland from Fortune wrote about the company.

While the giants of social networking battle for the attention of Internet users, the guys behind RockYou are happy to sit in the middle. They make their money shipping the tiny apps known as widgets that add value to the Web sites–and generate ad revenue for RockYou. “MySpace and Facebook are like my two divorced parents,” says Shen, who launched the company with Tokuda in 2005. “And I am their child whose love they are trying to buy.”

No wonder. RockYou today is the hottest widget factory on the Web. More than 35 million people in 200 countries have used its little programs, which rack up 180 million page views per day. What do RockYou’s widgets do? The things people who populate MySpace and Facebook love to do, like post silly notes and videos on RockYou’s Super-Wall, quiz each other with RockYou’s Likeness’s trivia questions, or test their astrological waters via RockYou’s Horoscope. Look for the company’s widgets to start showing up in your e-mail, your instant messages, and, perhaps by 2009, your cellphone.

Interesting fact is that RockYou seems to be heavily relying on organic traffic despite its popularity. On its home page it is clearly visible a text link “Create SlideShow” which points to: http://www.rockyou.com/slideshow-create.php. When searched on Google that page appears #3 out of millions results returned. http://www.google.com/search?num=100&hl=en&q=Create+SlideShow.

Indeed the company looks very healthy to us. Quantcast reports for almost 7M global unique visitors while the Americans alone are slightly over 2M/mo. Compete is showing pretty much the same number of visitors – almost 6M per month, only American traffic.

The company founders are Lance Tokuda and Jia Shen and RockYou is based in San Mateo, Calif. Co-Founders Lance Tokuda and Jia Shen were sued by their former employer Iconix in 2006. Iconix claimed Tokuda and Shen were working on a slideshow application for them at the same time the pair created RockYou. A preliminary injunction favored Iconix before the intellectual property theft case was settled out of court.

The company is partnering with some of today’s webs top sites like Bebo, Friendster, Flixter, WordPress and Hi5, among others.

Slide.com is  the RockYou’s main competitor. However now RockYou!’s Super Wall app has overtaken Slide’s similar FunWall app for the #1 spot, with 3.1 million daily active users. RockYou! has recently put up a press release claiming there are more popular than Slide, with CEO Lance Tokuda calling it “a significant milestone for RockYou.”
RockYou has recently signed a deal with PlayFirst, who just got $16.5M in series C round of funding led by DCM that included original investors Mayfield Fund, Trinity Ventures and Rustic Canyon Partners. The new round brings total funding for PlayFirst to $26.5 million. Under the deal RockYou will distribute PlayFirst games through its widget and social networking service, with Wedding Dash the first title to be made available to Facebook users. PlayFirst sees the deal a way of tapping into the growing popularity of social networking sites as a gaming platform.

Most recently, the company has also launched its own Facebook-specific ad network.

More about RockYou

RockYou is a leading provider of applications and widgets on the web. RockYou widgets include photo slideshows, glitter text, customized Facebook applications and voicemail accessories that are simple to use and enable people to frequently refresh their online style. Founded in 2006, RockYou has over 35 million users, serving over 180 million widget views per day in more than 200 countries. RockYou applications are customized for easy integration across all social networks including Facebook, MySpace, Bebo, Friendster, Tagged and hi5. RockYou’s cost-effective, results-focused advertising platform is the largest Ad Network on Facebook and the most dynamic method for rapidly acquiring Facebook application users. New applications can reach over 100k users in 24 hours, spanning a suite of applications across multiple publishing partners.

Widgets offered are as followed:

  • Slideshows (your photos with music, captions and a theme)
  • PhotoFX (stylize your photos)
  • Glitter FXtext (add glitter and more to your text)
  • FunNotes (choose a theme, caption and effects for your note)
  • Countdown Timer (countdown to important events)
  • Group Corkboard (you and your friends can add pictures, text and more to the corkboard)
  • MySpace Layouts (make your myspace page aesthetically pleasing)
  • ShoutOuts (record your voice and send it to a friend)
  • Scratcher (scratch your picture like a lottery ticket and see what’s hidden behind)
  • VoiceMail (allows your friends to leave voice comments on your page)
  • Games (make your profile or blog more fun by adding games to it)
  • Horoscope (get daily horoscopes and find out your compatibility with friends)
  • Movies (let your friends know what your favorite movies are)
  • Avatars (create an animated version of yourself to put on your profile)

RockYou was originally named RockMySpace. RockYou is funded by Sequoia Capital, Partech International and Lightspeed Venture Partners. The company took funding in two rounds where Series A was $1.50M and the VCs participating were First Round Capital, Lightspeed Venture Partners and Sequoia Capital and the Series B round of funing was for $15.00M and participants were the same VCs plus Partech International. The total funding is $16.5M to date.

More about the Investors

Sequoia Capital
Sequoia Capital provides startup venture capital for very smart people who want to turn ideas into companies. As the “Entrepreneurs Behind the Entrepreneurs”, Sequoia Capital’s Partners have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of Network Appliance, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of nVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube, Steve Goldman and Sujal Patel of Isilon Systems and Dominic Orr and Keerti Melkote of Aruba Wireless Networks. To learn more about Sequoia Capital visit www.sequoiacap.com.

Lightspeed Venture Partners
Lightspeed Venture Partners combines extensive venture capital and operating experience to assist entrepreneurs in creating industry-leading technology companies. Lightspeed manages $1.3 billion of committed capital and focuses on seed and early-stage information technology investments in the U.S., Israel and Asia. The firm’s partners have invested in more than 100 technology companies over the past two decades and have contributed to the success of market leaders including Blue Nile, Brocade, Ciena, Galileo Technology, Informatica, Kiva Software, Metasolv, Phone.com, Quantum Effect Devices, Sirocco and Waveset. For more information, please visit our Website at www.lightspeedvp.com.

Partech International
Founded in 1982, Partech International is a leading global venture capital firm with $850M under management and offices in the U.S., Europe and Israel. Partech invests exclusively in Information Technology and the firm’s internationally integrated team of investing partners work together closely to find the most innovative companies demonstrating high return potential and disruptive technologies in the Software & Internet, Communications & Components and Healthcare IT sectors. Partech has a unique 20+ year track record assisting its portfolio companies to become global market leaders. To learn more go to www.partechvc.com.

We basically think RockYou is one of the top acquisition targets for 2008 as the price could be anything but in the “hundreds of millions” range.

More

http://www.rockyou.com/
http://www.rockyou.com/corp/about.php
http://money.cnn.com/galleries/2007/fortune/0712/gallery.sixleaps.fortune/4.html
http://www.techcrunch.com/2007/03/05/more-information-on-rockyou-financing/
http://www.crunchbase.com/company/RockYou
http://www.techcrunch.com/2007/12/02/rockyou-app-slides-to-top-spot-on-facebook/
http://www.readwriteweb.com/archives/rockyou_vs_slide_facebook_app_developers.php
http://widgetygoodness.com/2007/12/03/rockyou-number-one-widget-maker/
http://venturebeat.com/2007/12/02/rockyou-climbing-past-slide-to-be-number-one-widget-maker/
http://www.techcrunch.com/2007/12/18/playfirst-takes-165-million-series-c-inks-deal-with-rockyou/
http://adage.com/article?article_id=121326&search_phrase=rockyou
http://www.usatoday.com/money/industries/technology/2007-11-26-widgets_N.htm
http://internetcommunications.tmcnet.com/topics/enterprise/articles/14503-zazzle-rockyou-offer-custom-glittertext-products.htm
http://www.cio.co.uk/concern/infrastructurerefresh/features/index.cfm?articleid=551
http://mashable.com/2007/11/13/zazzle-rockyou/
http://xml.sys-con.com/read/456371.htm
http://www.washingtonpost.com/wp-dyn/content/article/2007/11/02/AR2007110201894.html?hpid=moreheadlines
http://www.forbes.com/business/2007/11/01/facebook-rockyou-google-technology-cz_vb_1102rockyou.html
http://www.webware.com/8301-1_109-9805410-2.html
http://www.latimes.com/technology/la-fi-google31oct31,1,5536114.story?coll=la-headlines-technology&ctrack=1&cset=true
http://www.mercurynews.com/business/ci_7110470
http://online.wsj.com/public/article/SB119370202753875653.html
http://www.quantcast.com/rockyou.com
http://siteanalytics.compete.com/rockyou.com/?metric=uv
http://uk.intruders.tv/Jia-Shen-of-RockYou_a231.html

AOL‘s Platform-A gets the fourth ad company under its umbrella

AOL has finally completed the acquisition of online advertising company Quigo. Quigo is a provider of contextual advertising on third-party publisher Websites, much like AdSense and Yahoo Publisher Network. The company offers a variety of different advertising formats including text, banners, and video, and sells them on a CPC, CPM, or “cost per time” basis. AOL had originally announced its intention to acquire Quigo on November 7, 2007.

Financial terms of the deal were not publicly disclosed, though we’ve found information on Web from different sources claiming the sale is said to be around $340 Million.

According AOL officials, Quigo will operate as a wholly owned subsidiary of AOL within its Platform-A organization, which is focused on unifying the company’s many online advertising divisions, which include Advertising.com, Tacoda, Adtech, among others. The acquisition of Quigo lets AOL expand the use of contextual advertising — which matches ads to the contents of a Web page — across AOL’s own Web pages, as well as its third-party networks, sites and publishers. Quigo is expected to bring in $100 million a year as it stands.

Now that the acquisition is final, and AOL is showing intentions to actually do something with a company it purchased, the unification strategy could actually work to make them a significant player in the online ad world in the face of the present dominant role of Google.
What Quigo basically offers is transparency and control in what can often be an opaque business: advertisers pay Yahoo and Google for contextual ad placement on a wide variety of Web pages, but get little say over where those ads run or even a list of sites where they do appear.

Quigo, by contrast, gives advertisers not only the list of specific sites where their ads have appeared but also the opportunity to buy only on specific Web sites or particular pages on those sites. It also allows media company sites like ESPN.com and FoxNews.com a chance to manage their own relationships with advertisers.

Although Quigo remains a small competitor, with less than 10 percent of the contextual ad business, its growing success has apparently persuaded Google, which is accustomed to calling the shots in all aspects of its business, that it has to change the way it sells the sponsored link ads in the future.

More about Quigo

Quigo – www.quigo.com – recently named Company of the Year by AlwaysOn Media – provides innovative performance marketing solutions for advertisers and premium publishers. Quigo’s AdSonar is a leading network of top-tier websites offering a broad range of advertising solutions. AdSonar’s content-targeted sponsored links are distributed to many of the web’s most recognized sites including CNNMoney.com, TIME.com, People.com, ESPN.com, Forbes.com, TheStreet.com, FoxNews.com, CareerBuilder.com, LonelyPlanet.com and on over 200 local, regional and national newspaper and television sites including those of ABC, Tribune Interactive, Fox, The Hearst Company, The McClatchy Company, Morris Communications, Media News Group, New York Daily News, New York Post, Scripps, Stephens Media, USA Today, and others. AdSonar offers advertisers multiple targeting options for their campaigns; including national and local targeting by vertical category, site, individual page, section, topic, and/or keyword. Quigo’s suite of search marketing solutions, including its flagship FeedPoint product, offers scalable, technology-driven services to help leading e-commerce and directory sites drive traffic, acquire new customers, and maximize revenue and profits.

Founded in 2000, Quigo’s primary venture backers include Highland Capital, Steamboat Ventures (the venture capital arm of The Walt Disney Company), and Institutional Venture Partners.

Management team

Michael Fisher: President. 

As President, Mike is responsible for all aspects of the company’s business. Prior to joining Quigo in 2005, he served as Vice President, Engineering & Architecture for PayPal, Inc. an eBay company. Prior to joining PayPal, Mike spent seven years at General Electric helping to develop the company’s technology strategy and processes. He attended the United States Military Academy in West Point, New York where he received a Bachelor of Science degree in Computer Science. Mike also holds a Master of Science and PhD in Information Systems and a Master of Business Administration.

Kevin Fortuna: Chief Strategy Officer. 

As CSO, Kevin leads AdSonar and PageCast, Quigo’s advertising and video content targeting platforms, as well as the Finance and Marketing teams. Prior to joining Quigo in 2005, he was the founder and Managing Partner of Dedalus Capital, a boutique M&A consultancy and venture firm. Before Dedalus, Kevin was the VP, Business Development at two IPO-track internet companies: Juno Online Services and CNET/Snap.com. He graduated summa cum laude from Georgetown University and is a member of Phi Beta Kappa.

David Sasson: Chief Operating Officer. 

As COO, David leads the FeedPoint division and Quigo’s Product Management team. Prior to joining Quigo in 2004, David was Vice President of Advertising Systems at Juno Online Services, where he developed new advertising technologies and managed client services. David was also co-founder & COO of Advocacy Inc., a leading interactive agency for political campaigns, congressional offices and issue advocacy. David is a Phi Beta Kappa, magna cum laude graduate of Haverford College, where he earned a Bachelor of Arts degree.

Geoffrey Weber: Chief Technology Officer. 

As CTO, Geoffrey oversees the Engineering, Tech Operations, Information Technology and Quality Assurance teams. He has over 25 years of Technology experience, and previously served in several management positions at eBay including: Director of eBay Site Operations and Director of Financial Systems, PayPal. Prior to joining eBay, Geoffrey spent 10 years in an independent consulting practice building highly scalable solutions for clients such as: NEC, Sprint, Sun Microsystems, Sybase, Franklin-Templeton, and Providian Financial. He studied Mathematics and French Literature at the University of California, Berkeley.

About AOL

AOL is a global Web services company that operates some of the most popular Web destinations, offers a comprehensive suite of free software and services, runs one of the largest Internet access businesses in the U.S., and provides a full set of advertising solutions. A majority-owned subsidiary of Time Warner Inc. (NYSE:TWX – News), AOL LLC and its subsidiaries have operations in the U.S., Europe, Canada and Asia. Learn more at AOL.com.

Time Warner’s AOL unit purchased four advertising companies in 2007, including Quigo Technologies Inc. Quigo is the fourth advertising company AOL has acquired during 2007. Earlier in the year, AOL acquired Third Screen Media, a leader in mobile advertising, ADTECH, a leading ad serving platform based in Frankfurt, Germany, and TACODA, a leading behavioral targeting company.

Platform-A is said to be reaching over 90% of the online audience.

In related news Quigo’s CEO Mike Yavonditte will depart the company. He’ll spend the next six months as an adviser to Curt Viebranz, president of AOL’s Platform A advertising division. Instead the Quigo CTO Michael Fisher will become president of the subsidiary.

Michael Yavonditte is a veteran of new media and technology. Prior to being named CEO of Quigo, he served as VP of Sales for USA Networks Electronic Commerce Solutions Group. He managed the e-commerce operations for CBS Sportsline, Nascar.com and the National Hockey League. In 2000, he joined AltaVista, where he negotiated and closed several large, multi-year, multi-million dollar agreements for the company. Mr. Yavonditte started his career at Ziff-Davis Publishing in NY where he held various sales and management roles. In 6 years he took Quigo from a start up to the predominant performance-driven, ad auction-based, pay-per-click advertising company in the industry.

The deal is yet another part of the major shakeout and consolidation that took place within the online ad industry through out the entire 2007 and is one of the web’s biggest deals for the 2007 we have listed and ranked yesterday. 

AOL chairman and CEO Randy Falco stated, “Quigo is an important part of our new Platform-A organization that we announced in September.”  Platform-A is, by all accounts, the future of AOL.

More

http://www.quigo.com/
http://www.quigoblog.com/
http://www.timewarner.com/corp/newsroom/pr/0,20812,1697295,00.html
http://mashable.com/2007/12/30/aols-quigo-acquisition-complete/
http://directmag.com/news/aol-122107/
http://valleywag.com/336627/quigo-ceo-departs-as-aol-completes-takeover
https://web2innovations.com/money/2007/12/31/some-of-the-web%e2%80%99s-biggest-acquisition-deals-during-2007/
http://biz.yahoo.com/bw/071220/20071220005128.html?.v=1 http://www.nytimes.com/2007/02/26/business/media/26adco.html?_r=1&oref=slogin
http://www.tmcnet.com/viewette.aspx?u=http%3a%2f%2fwww.tmcnet.com%2fnews%2f2007%2f12%2f21%2f3181294.htm
http://www.webpronews.com/topnews/2007/12/21/aol-finishes-quigo-acquisition
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5572035
http://www.bloomberg.com/apps/news?pid=20601103&sid=asbgoM.LLJg0&refer=us
http://www.foxbusiness.com/markets/industries/media/article/aol-completes-acquisition-quigo_414972_15.html
http://www.pehub.com/article/articledetail.php?articlepostid=9529

Some of the web’s biggest acquisition deals during 2007

As the end of the year approaches us we would like to briefly sum up some of the web’s biggest acquisition deals for the 2007, as we know them. 

All deals will logically be ranked by their sizes and less weight will be put on the time the deal happened through out the year. Deals from all IT industry sectors are considered and put in the list, from Web and Internet to the Mobile industry as well. The size’s criterion for a deal to make the list is to be arguably no less than $100M unless the deal is symbolic in one way or another or either of the companies involved was popular enough at the time the deal took place. Otherwise we think all deals are important, at least for its founders and investors.

Under no doubt the year we will remember with the number of high-profile advertising company acquisitions for large-scale companies like DoubleClick, aQuantive, RightMedia, 24/7 Real Media, among others. Putting all acquisition deals aside, one particular funding deal deserves to be mentioned too Facebook raised $240 million from Microsoft in return of just 1.6% of its equity. The Honk Kong Billionaire Li Ka-shing later joined the club of high-caliber investors in Facebook by putting down $60M for unknown equity position.  

Other remarkable funding deals include: Alibaba.com raised $1.3 Billion from its IPO; Kayak raised $196 Million; Demand Media took $100 Million in Series C; Zillow totaled $87 Million in venture capital funding; Joost announced $45 million funding from Sequoia, Index, CBS & Viacom, among others. 

Yet another noteworthy deal is the Automattic (wordpress.org) turning down a $200 Million Acquisition Offer. 

And the 2007 Web 2.0 Money winner is… Navteq for its deal with Nokia for $8B. Apparently Microsoft has this year lost the crown of being named the deepest pocket buyer.

Nokia Buys Navteq For $8 Billion, Bets Big On Location-Based Services

Nokia (NOK), the Finnish mobile phone giant with nearly a third of the global handset market, has decided to bet big on location based services (LBS), and is buying Chicago-based digital map company NAVTEQ (NVT) for $8.1 billion. That works out to about $78 a share. This is one of Nokia’s largest purchases to date — the Finnish mobile giant has a mixed track record when it comes to acquisitions. This is also the second megabillion dollar buyout in the maps (LBS) space.

SAP Germany makes its biggest deal ever – acquires Business Objects for 4.8B EURO (around ~$6.8 billion)

SAP, the world’s largest maker of business software, has agreed to acquire Business Objects SA for €4.8 billion euros, which was around ~$6.8 billion at the time the acquisition deal was announced. The deal is amongst the largest for 2007 alongside with Oracle’s Hyperion deal for over $3.3B and the Nokia’s Navteq for over $8B. [more]

Microsoft to buy Web ad firm aQuantive for $6 Billion

Microsoft Corp. acquired aQuantive Inc. for about $6 billion, or $66.50 a share, an 85 percent premium to the online advertising company’s closing price at the time the deal was publicly announced. Shares of aQuantive shot to $63.95 in pre-opening trade, following news of the deal. The all-cash deal tops a dramatic consolidation spree across the online advertising market sparked when Google Inc. agreed to buy DoubleClick for $3.1 billion.

Oracle to buy Hyperion in $3.3 Billion cash deal

Oracle Corp. has acquired business intelligence software vendor Hyperion Solutions Corp. for $3.3 billion in cash. Oracle has agreed to pay $52 per share for Hyperion, or about $3.3 billion, a premium of 21% over Hyperion’s closing share price at the time of the deal. Oracle said it will combine Hyperion’s software with its own business intelligence (BI) and analytics tools to offer customers a broad range of performance management capabilities, including planning, budgeting and operational analytics.

Cisco Buys WebEx for $3.2 Billion

Cisco has agreed to acquire WebEx for $3.2 billion in cash. In 2006, WebEx generated nearly $50 million in profit on $380 million in revenue. They have $300 million or so in cash on hand, so the net deal value is $2.9 billion.

DoubleClick Acquired by Google For $3.1 Billion In Cash

Google reached an agreement to acquire DoubleClick, the online advertising company, from two private equity firms for $3.1 billion in cash, the companies announced, an amount that was almost double the $1.65 billion in stock that Google paid for YouTube late last year. In the last month for this year the US Federal Trade Commission has granted its approval for Google to purchase DoubleClick.

TomTom Bought Tele Atlas for $2.5 Billion

It took $2.5 Billion dollars for TomTom to buy mapping software company TeleAtlas, this will set the stage for TomTom to be big rival of Garmin across Atlantic. Tele Atlas went public in 2000 on the Frankfurt Stock Exchange, and last year, it bought another mapping firm, New Hampshire-based GDT.

Naspers acquires yet another European company – Tradus for roughly $1.8 Billion

Simply put a fallen dot com star with eBay ambitious, once worth more than 2B British pound (around $4B) and collapsed down to £62M at the end of 2000 is now being basically said rescued by the South African media company Naspers that is spending money at breakneck pace. The offered price is £946M (more than $1.8B) based on just £60M annual revenues. [more]

HP acquired Opsware For $1.6 Billion

HP has acquired IT Automation company Opsware for $1.6 billion. Whilst any acquisition of this size is interesting in itself, the back story to Opsware is even more so; Opsware was originally LoudCloud, a Web 1.0 company that took $350 million in funding during the Web 1.0 boom.

AOL acquired TradeDoubler for $900 Million

AOL has acquired Sweden-based TradeDoubler, a performance marketing company, for €695 million in cash, which was about US$900 million at the time the deal took place.

Microsoft acquired Tellme Networks for reportedly $800 Million

Microsoft Corp. has announced it will acquire Tellme Networks, Inc., a leading provider of voice services for everyday life, including nationwide directory assistance, enterprise customer service and voice-enabled mobile search. Although the price remains undisclosed, it is estimated to be upwards of $800 million.

Disney acquires Club Penguin for up to $700 Million

Club Penguin, a social network/virtual world that has been on the market for some time, was acquired by The Walt Disney Company. An earlier deal with Sony fell apart over the Club Penguin’s policy of donating a substantial portion of profits to charity. The company, which launched in October 2005, has 700,000 current paid subscribers and 12 million activated users, primarily in the U.S. and Canada.The WSJ says the purchase price is $350 million in cash. Disney could pay up to another $350 million if certain performance targets are reached over the next couple of years, until 2009.

Yahoo acquired RightMedia for $680 Million in cash and stock

Yahoo has acquired the 80% of advertising network RightMedia that it doesn’t already own for $680 million in cash and Yahoo stock. Yahoo previously bought 20% of the company in a $45 million Series B round of funding announced in October 2006. The company has raised over $50 million to date.

WPP Acquires 24/7 Real Media for $649 Million

Online advertising services firm 24/7 Real Media was acquired by the WPP group for $649 million. The old time internet advertising firm had its origins serving ads for Yahoo! and Netscape in 1994 and was formerly founded the following year as Real Media. After numerous acquisitions it took its current name and grew to have 20 offices in 12 countries, serving over 200 billion advertising impressions every month.

Google bought the web security company Postini for $625M

Google has acquired e-mail security company Postini for $625 million, a move intended to attract more large businesses to Google Apps. More than 1,000 small businesses and universities currently use Google Apps, but ‘there has been a significant amount of interest from large businesses,’ Dave Girouard, vice president and general manager of Google Enterprise, said in a Monday teleconference.

EchoStar Acquires Sling Media for $380 Million

EchoStar Communications Corporation, the parent company for DISH Network, has announced its agreement to acquire Sling Media, creator of the Sling suite, which lets you do things like control your television shows at any time, from their computers or mobile phones, or record and watch TV on your PC or Windows-based mobile phone. The acquisition is for $380 million.

ValueClick acquired comparison shopping operator MeziMedia for up to $352 Million

ValueClick has acquired MeziMedia for up to $352 million, in a deal consisting of $100 million in upfront in cash, with an additional sum of up to $252 million to be paid depending on MeziMedia’s revenue and earnings performance through to 2009.

Yahoo Acquires Zimbra For $350 Million in Cash

Yahoo has acquired the open source online/offline office suite Zimbra. The price: $350 million, in cash, confirmed. Zimbra gained wide exposure at the 2005 Web 2.0 Conference. Recently they has also launched an offline functionality.

Business.com Sells for $350 Million

Business.com has closed another chapter in its long journey from a $7.5 million domain name bought on a hope and a prayer, selling to RH Donnelley for $350 million (WSJ reporting up to $360 million). RH Donnelley beat out Dow Jones and the New York Times during the bidding.

AOL acquired online advertising company Quigo for $350 Million

AOL announced plans to buy Quigo and its services for matching ads to the content of Web pages. The acquisition follows AOL’s September purchase of Tacoda, a leader in behavioral-targeting technology, and comes as AOL tries to boost its online advertising revenue to offset declines in Internet access subscriptions.

eBay bought StubHub For $310 Million

eBay has acquired the San Francisco-based StubHub for $285 million plus the cash on StubHub’s books, which is about $25 million.

Yahoo! Agreed to acquire BlueLithium for approximately $300 Million in cash

Yahoo! Inc. has entered into a definitive agreement to acquire BlueLithium, one of the largest and fastest growing online global ad networks that offers an array of direct response products and capabilities for advertisers and publishers. Under the terms of the agreement, Yahoo! will acquire BlueLithium for approximately $300 million in cash.

CBS to buy social network Last.fm for $280 Million

CBS is known to have paid $280 million for the Last.fm site, which caters to music fans. CBS Corp bought the popular social networking website organized around musical tastes for $280 million, combining a traditional broadcast giant with an early leader in online radio. Last.fm, claims more than 15 million monthly users, including more than 4 million in the U.S.

AOL Acquired Tacoda, a behavior targeting advertising company for reportedly $275 Million

AOL has announced the acquisition of New York-based Tacoda earlier this year, a behavior targeting advertising company that was founded in 2001. The deal size, which we haven’t had confirmed, is likely far smaller than Microsoft’s $6 billion for aQuantive , Yahoo’s $680 million for RightMedia , or Google’s $3.1 billion for DoubleClick. The price might be low enough that it isn’t being disclosed at all.Jack Myers Media Business Report has confirmed the $275 million price tag

MySpace to acquire Photobucket For $250 Million

MySpace has acquired Photobucket for $250 million in cash. There is also an earn-out for up to an additional $50 million. Oddly enough MySapce has dropped Photobucket off its social networking platform. The dispute that led to the Photobucket videos being blocked on MySpace letter also led to acquisition discussions, and the block was removed. They have hired Lehman Brothers to help sell the company. They were looking for $300 million or more, but may have had few bidders other than MySpace.

Hitwise Acquired by Experian for $240M

Hitwise, the company that performs analysis of log files from 25 million worldwide ISP accounts to provide relative market share graphs for web properties, has been acquired by Experian for $240 million.

$200+ Million for Fandango

Comcast paid $200 million or perhaps a bit more. Fandango revenue is said to be in the $50m/year range, split roughly evenly between ticket sales and advertising. Wachovia Securities analyst Jeff Wlodarczak estimated the multiple-system operator paid $200 million for Fandango, whose backers include seven of the 10 largest U.S. movie exhibitors.

Intuit Acquires Homestead for $170 Million

Small business website creation service Homestead, started out in the web 1.0 era, announced tonight that it has been acquired by Intuit for $170m. In addition to Intuit’s personal and small business accounting software, and the company’s partnership with Google to integrate services like Maps listing and AdSense buys, Intuit customers will now presumably be able to put up websites quickly and easily with Homestead. [more]

Naspers Acquired Polish based IM Company Gadu Gadu (chit-chat) for reportedly $155 Million

South Africa’s biggest media group Naspers Ltd offered to buy all outstanding shares in Polish Internet firm Gadu Gadu S.A. ( GADU.WA ), a Polish IM service, for 23.50 zlotys ($8.77) per share. The current majority shareholder of Gadu Gadu has agreed to tender its 55% shareholding in the public tender offer. The price is $155M. [more] 

Studivz, a Germany Facebook clone, went for $132 Million

German Facebook clone Studivz has been sold to one of its investors, Georg von Holtzbrinck GmbH, a German publishing group, for €100 million (about $132 million). Other investors of Studivz include the Samwer brothers, founders of ringtone company Jamba (sold for €270M) and Alando (sold to eBay for €43M in 1999).

Feedburner goes to Google for $100 Million

Feedburner was acquired by Google for around $100 million. The deal is all cash and mostly upfront, according to sources, although the founders will be locked in for a couple of years.

Answers.com has purchased Dictionary.com for reportedly $100 Million

Question and answer reference site Answers.com has acquired Dictionary.com’s parent company, Lexico Publishing, for $100 million in cash. Lexico can really serve all your lexical needs because it also owns Thesaurus.com and Reference.com.

Yahoo Acquires Rivals for $100 Million

Yahoo has acquired college sports site Rivals.com, reported the Associated Press in a story earlier this year. The price is not being disclosed, although the rumor is that the deal was closed for around $100 million. Rumors of talks first surfaced in April 2007.

UGO Acquired By Hearst for reportedly $100 Million

Hearst has acquired New-York based UGO. Forbes reported the price should be around $100 million. UGO is a popular new media site that was founded in 1997 and, according to Forbes, is generating around $30 million/year in revenue. UGO media is yet another web 1.0 veteran and survivor.

Fotolog Acquired by Hi Media, French Ad Network for $90 Million
 
New York-based Fotolog been acquired by Hi Media, a Paris-based interactive media company for roughly $90 million – a combination of cash and stock, according to well-placed sources. 

Online Backup Startup Mozy Acquired By EMC For $76 Million

Online storage startup Mozy, headquartered in Utah, has been acquired by EMC Corporation, a public storage company with a nearly $40 billion market cap. EMC paid $76 million for the company, according to two sources close to the deal.

eBay Acquiring StumbleUpon for $75 Million

The startup StumbleUpon has been rumored to be in acquisition discussions since at least last November (2006). The small company had reportedly talks with Google, AOL and eBay as potential suitors. At the end of the day the start-up got acquired by eBay. The price was $75 million, which is symbolic with the fact the site had only 1.5m unique visitors per month at the time the deal took place. The company was rumored to be cash-positive.

General Atlantic Has Acquired Domain Name Pioneer Network Solutions

General Atlantic has acquired Network Solutions from Najafi Companies. Network Solutions was founded decades ago in 1973 and had a monopoly on domain name registration for years which led Verisign to pay billions to buy it. Najafi Companies purchased NS from VeriSign in November 2003 for just $100M. No financial terms were disclosed for the deal and no price tag is publicly available, although we believe it is way over $100M, but NS made our list due to its mythical role for the Internet’s development. That deal is symbolic for the Internet. 

MSNBC made its first acquisition in its 11-year history, acquired Newsvine

In a recent deal the citizen journalism startup Newsvine has been acquired by MSNBC, the Microsoft/NBC joint venture, for an undisclosed sum. Newsvine will continue operating independently, just as it has been since launching in March of 2006. The acquired company also indicated there would be little change in the features of the site.  We think the price tag for the Newsvine is anywhere in the $50/$75M range, but this is not confirmed. [more]

Google to buy Adscape for $23 Million

After some rumors of a deal earlier this year, Google has expanded its advertising reach by moving into video game advertising with their $23 million acquisition of Adscape.

Disney buys Chinese mobile content provider Enorbus for around $20 Million

Disney has bought Chinese mobile gaming company Enorbus , for around $20 million, MocoNews.net has learned. Financial backers in the company included Carlyle and Qualcomm Ventures.

BBC Worldwide Acquires Lonely Planet

BBC Worldwide, the international arm of BBC, has acquired Lonely Planet, the Australia-based travel information group. The amount of the deal was not disclosed, but Lonely Planet founders Tony and Maureen Wheeler get to keep a 25% share in the company. We truly believe this deal is in the $100M range, but since no confirmation was found on Web and therefore we cannot put a price tag for the sake of the list. Even though a global brand their site is getting just 4M unique visitors per month.

AOL Acquires ADTECH AG

AOL has acquired a controlling interest in ADTECH AG, a leading international online ad-serving company based in Frankfurt, Germany. The acquisition provides AOL with an advanced ad-serving platform that includes an array of ad management and delivery applications enabling website publishers to manage traffic and report on their online advertising campaigns. No details about the acquisition price were found on Web but we would suspect a large-scale deal and rank it very high. 

Amazon Acquires dpreview.com

Amazon have announced the acquisition of the digital camera information and review site dpreview.com. UK based dpreview.com was founded in 1998 by Phil Askey as a site that publishes “unbiased reviews and original content regarding the latest in digital cameras. Dpreview.com has in excess of 7 million unique viewers monthly. The value of the deal was not disclosed but we believe the purchase price should be in the $100M range (not confirmed).

HP Acquired Tabblo

HP announced the acquisition of Cambridge, Massachusetts based Photo printing site Tabblo this morning. The price was not disclosed.

eBay Gets Stake in Turkish Auction Market

eBay announced yesterday that it has acquired a minority stake in Turkish-based GittiGidiyor.com, an online marketplace structured in a similar manner to eBay. GittiGidiyor reportedly has more than 400,000 listings and 17 million users, which is a considerable percentage of the Turkish population. With the stake in GittiGidiyor, eBay now has the opportunity to enter the Turkish market via a system that’s already similar to theirs in functionality and purpose. Istanbul-based GittiGidiyor.com was founded in 2000. GittiGidiyor is Turkish for Going, Going, Gone. Terms of the deals were not found publicly available. Looking at the size of the Turkish site and the buying habits and history of eBay, the price should be considerably high, at least for the region.

Microsoft Acquiring ScreenTonic for Mobile Ad Platform

Microsoft is acquiring ScreenTonic, a local-based ads delivery platform for mobile devices, for an undisclosed amount. Paris-based ScreenTonic was founded in 2001, and has created the Stamp platform to deliver text or banner links on portals, text message ads and mobile web page ads, that vary depending on the recipients’ geographical location in a so called geo-targeting approach. 

~~~

MSNBC made its first acquisition in its 11-year history, acquired Newsvine

In a recent deal the citizen journalism startup Newsvine has been acquired by MSNBC, the Microsoft/NBC joint venture, for an undisclosed sum.

Newsvine will continue operating independently, just as it has been since launching in March of 2006. The acquired company also indicated there would be little change in the features of the site. 

Newsvine is one of the good CJ [Citizen Journalism] web sites. Others include Digg, Reddit and Netscpae’s Propeller among others. Newsvine is a good example of a startup CJ site aimed to be a mainstream news destination in the future. Along with most of the other current CJ sites, Newsvine uses many of the ‘web 2.0’ functionalities in its design – such as user-generated content, reputation, voting, comments, friends lists, tags, and more. Newsvine was among the first sites on web to implement basic semantic tagging based on the content submitted. The first site, as far as we know, was NosyJoe.com with its intelligent tagging engine.  It allows users to ‘seed’ stories, by adding a link and short description. Users can also write a full article as well. Newsvine is arguably more advanced in its design than other CJ sites, often trying new things and design techniques – e.g. the Newsvine, a color-coded visual representation of a user’s impact on the site.

The site opened as a private beta in December 2005 and was officially launched on March 1, 2006. Newsvine CEO is Mike Davidson and the company is based in Seattle which is the home of MSNBC too. Calvin Tang is the Co-founder and COO. More details about Newsvine can be found below.

“Over the next few years, Newsvine technology and content will make its way onto msnbc.com, and vice-versa where it makes sense.” Davidson explained further.

Newsvine officially became part of MSNBC on Friday, October 5th, but Davidson said they’d “been talking since May.” The company will continue to be based in Seattle, perhaps due to the location of the MSNBC too.

What is MSNBC getting, anyway? Mostly the citizen journalism community and features combined with some basic (compared to MSNBC’s) traffic but representing a very loyal community. From our perspective this deal looks more like acquiring technologies, features and mostly practical experience from the citizen journalism and the social news sector. It could also be an employment through acquisition. Basically Newsvine successfully established and positioned itself especially within the social news arena yet the site cannot be clearly identified as a popular site with its only 1.2M unique visitors per month. So, MSNBC is clearly trying to tap into the social news space and is buying experience.

The following statement from the company supports out thinking:

“While Newsvine may be well known in early adopter circles, we want every college student, every farmer, every weekend journalist, and every household to have their own branch on the “Vine”.

Davidson, the Newsvine’s CEO has explained the reason why he sold out to MSNBC.
It seems it is all about scale and partnering with bigger media company to achieve that:

“Why would a young, efficient independent news startup become part of a large organization? For us, the answer is simple: it’s all about growing the community and spreading the idea of participatory news as far and wide as possible. Although going from zero to over a million users a month in less than two years is heartening, msnbc.com operates on another scale entirely. While Newsvine may be well known in early adopter circles, we want every college student, every farmer, every weekend journalist, and every household to have their own branch on the ‘Vine. In order to spread this idea further, we could have gone out and raised a lot of money, quadrupled our staff, and gone it alone, but when one of the finest news organizations in the world is headquartered right across Lake Washington, the potential of partnering with such a great team is dramatic. We feel strongly that we can learn from the successes of their experienced team, in a way that will empower Newsvine to become the worldwide mouthpiece of the citizen journalist.”

This is the MSNBC’s first acquisition in its 11-year history and is a good fit for MSNBC.com. Newsvine will report directly to the Publisher/President of MSNBC.com.

Neither of the companies would disclose terms of the all-cash transaction, but deals for other social media sites have ranged as high as the $75 million that eBay was reported to have spent for StumbleUpon.com, which claims about 3 times the number of users as Newsvine.

It appears as Newsvine will move to the server farms of MSNBC.com to allow for greater reliability and expansion.

Reach

Back in July 2007 the stat numbers were reported by the founder Mike Davidson, to be in about 1.2 million unique visitors per month and Newsvine has grown at an average rate of 46% per quarter. Newsvine community members view an average of 21 pages per day and spend an average of 143 minutes per month on the site. The site gets about 80,000 comments a month and 250,000 votes a month.

Where the site stands at today?

Quantcast is reporting for slightly over 260,000 unique visitors per month but Newsvine is not quantified there. Compete on the other side is reporting for 409,000 unique visitors.  Both sites are reporting on only the American traffic.

In details about Newsvine

Newsvine is a website consisting of community-driven news stories and opinions. Users write articles and save links to external content, vote, comment and chat on article pages created by both users and by professional journalists.

Seattle-based “Newsvine, Inc.” was incorporated in March of 2005 by Calvin Tang. Mike Davidson, Lance Anderson and Mark Budos subsequently left The Walt Disney Internet Group and together began development of Newsvine during the summer of 2005, as the four co-founders of the company. Josh Yockey joined the company shortly after development began, with Tom Laramee following in the spring of 2006. Eric Glomstad joined as an intern over the summer of 2006 and has stayed on with the company since. The development team consists of several veterans from the Disney Internet Group and ESPN. Mike Davidson, CEO of Newsvine Inc. was interviewed in episode 8 of Leo Laporte and Amber MacArthur’s weekly Inside the Net podcast.

Community

Newsvine is a community-driven news site similar to sites such as Slashdot, reddit and Digg. It combines user submission of information with items from the Associated Press and provides each user with a blog-style “column” for writing their own ‘posts’.
Features
 
Seeding
Newsvine allows users to “seed,” or post links for others to view. Seeds usually contain a short description or direct quotation from the linked article. With the “Newsvine Button,” users can select “Seed Newsvine” from their bookmarks and a seeding dialog will appear. Seeds allow for all of the same options as articles except the ability to insert photographs.

Articles
One of the most defining features of Newsvine is the ability for users to write their own articles. Commonly known as citizen journalism, this allows for users to express their opinions for public disccusion or even report in a journalistic manner. The most popular articles for top tags appear in the “Featured Writers” section, where article writers can receive extra publicity.

While writing articles, users are also given the ability to upload their own photographs or choose from a list of Flickr photos registered under a Creative Commons license for addition to the post. Captions can be written as well to clarify the meaning of the photograph.

Voting
Another common feature among social bookmarking websites is the ability to vote for content. Users who enjoy reading an article/seed or agree with its content are encouraged to vote for the content. Articles and seeds with the most votes appear in the “Top Wire,” “Top Seeds,” or “Top of the Vine” sections of the site.

Newsvine also allows for users to vote for comments that they enjoyed reading. This aspect of commenting encourages better content and friendly discussions. When a comment receives at least five votes, a green star is placed in the upper right-hand corner, signifying that many users enjoyed or agreed with the comment. Clicking the star will lead viewers to the next highly rated comment.

Negative votes are also registered, and a comment that receives too many negative votes will often be collapsed, so that it can only be viewed by deliberately opening it. This limits discussion under that comment, since new comments under it will not be seen automatically.

Commenting
The ability to comment on seeds and articles allows for extra discussions regarding the content to take place. While debates are welcome, useless, insulting, and self-promoting comments are not. If a comment receives enough reports, that comment will be collapsed and its contents can only be shown by choosing to expand it. The Newsvine comment system also allows for threaded comments, easing the confusion of comment direction. While users do not yet have the ability to edit or delete their own comments, writers are allowed to delete comments on their own content. Unregistered users are also allowed to have their say, but comments by unregistered users are not made public until that user creates a registered account.

User Columns
Newsvine user columns give users the ability to manage and share their articles, seeds, friends, recommendations, and other statistical information. Every user has one, and each is given their own subdomain to access it (<user>.newsvine.com). User columns are customizable: aspects of the layouts can be moved or hidden, a user photo and biography can be added, a header (such as a welcome message) can be added, friends can be invited to Newsvine or added to your friends list, recommendations (such as favorite books, bands, blogs, etc.) can be shown, and comments and feedback from other users can be managed. Also, through user columns, members have the ability to add others to their watchlist and friend list or to send another a chat invitation.

Earnings
Newsvine tells users that they will receive 90% of ad revenue from ads on their personal Newsvine pages. These earnings are “based on traffic to your articles and seeds,” but it is unclear exactly how Newsvine calculate earnings. The remaining 10% go to whoever referred the user to Newsvine, or for site maintenance if there was no referrer. Newsvine does not publish the amount of revenue that has so far gone to users.

Chat Lobby
The Chat Lobby is a section of Newsvine that manages the various chat rooms available or open. Every article or seed on Newsvine has the ability to have a chat room created for it, where users can discuss the subject matter real-time rather than posting a comment. While this feature is not often used, the capability is there for those users that want to participate in a discussion.

Watchlist
If a user finds a particular writer or tag that he/she enjoys to read content from, it can be added to the Watchlist. Watchlists are lists of members and tags that a user can compile to easily find interesting news. Items on a user’s watchlist appear on the left column and, if there is content that the user has not read by a watchlisted author or tag, a number will appear next to the item name signifying how many articles or seeds have not been read.

Conversation Tracker
Much like the Watchlist, the Conversation Tracker allows users to track other members. However, the Conversation Tracker is a notifier of new comments. There are three sections to the Conversation Tracker: new comments from a user’s Newsvine column, new comments from articles that a user has commented on, and new comments from an article a user’s friend has commented on. If a user has added members to the friend list that share a common interest in content, the Conversation Tracker can act as a list of recommended articles.

Friends List
The Friends List gives users the ability to meet new people and find others with common interests, but there are no requirements in doing so. Creating a populated friends list gives users the ability to find interesting new articles through the Conversation Tracker. Once a user adds a friend to the list, the added friend receives a notification and is given the ability to accept or decline the offer.

Vineacity

Vineacity is a measure of six different elements that contribute to a Newsvine user’s overall rating as a positive influence to the Newsvine community. Earned as ‘branches’ on a Newsvine logo icon displayed next to the user’s name, the six areas of excellence include:

  • Courtesy – Earned when a user’s positive feedback outweighs any abuse reports they may have received.
  • Longevity – Earned when the users has been active for at least two months after registering.
  • Fruitfulness – Earned when the user has submitted a substantial amount of content or comments that have received votes.
  • Connectedness – Earned when the user appears on a substantial number of watch-lists and/or friend-lists.
  • Random Act of Vineness – Earned for an exceptional moment of greatness on Newsvine.
  • Lifetime achievement – Earned when a user has received a combined number of votes on all articles, links and comments around Newsvine.

 Newsvine is known to have had only 6 employees at the time the deal was announced.

About MSNBC

MSNBC.com is a privately run news organization started by Microsoft and NBC in 1996. The site is one of the most decorated, highly trafficked news sites on the web, serving more than 29 million unique visitors per month. Contrary to popular belief, msnbc.com is run independently from both Microsoft and NBC and even the MSNBC news channel. It is its own organization, headquartered in Redmond, and has been growing and profitable for several years now. MSNBC.com employs about 200 people.

More

http://www.newsvine.com/
http://www.newsvine.com/_cms/info/companyinfo
http://www.msnbc.msn.com/id/21138371
http://blog.newsvine.com/
http://blog.newsvine.com/_news/2007/10/07/1008889-msnbccom-acquires-newsvine
http://www.readwriteweb.com/archives/newsvine_acquired_by_msnbc.php
http://www.readwriteweb.com/archives/the_state_of_citizen_journalism_pt1_newsvine.php
http://www.centernetworks.com/future-of-web-apps-mike-davidson
http://www.centernetworks.com/newsvine-acquired-msnbc
http://en.wikipedia.org/wiki/Newsvine
http://www.calvintang.com/blog/
http://www.techcrunch.com/2007/10/07/breaking-newsvine-acquired-by-msnbccom/
http://www.mikeindustries.com/blog/archive/2007/10/msnbc.com-acquires-newsvine
http://www.fimoculous.com/archive/post-3267.cfm
http://tang.newsvine.com/_news/2007/10/07/1008988-the-future-of-newsvine-and-what-it-means-to-you
http://www.quantcast.com/newsvine.com
http://siteanalytics.compete.com/newsvine.com/?metric=uv
http://www.zoominfo.com/Search/CompanyDetail.aspx?CompanyID=98714299&cs=QHF4kK7Uk&pc=compete

SAP Germany makes its biggest deal ever – acquires Business Objects for 4.8B EURO

SAP, the world’s largest maker of business software, has agreed to acquire Business Objects SA for €4.8 billion euros, which was around ~$6.8 billion at the time the acquisition deal was announced. The deal is amongst the largest for 2007 alongside with Oracle’s Hyperion deal for over $3.3B and the Nokia’s Navteq for over $8B.

Business Objects is the world’s leading BI (Business Intelligence) software company. Their software helps organizations gain better insight into their business, improving decision-making and enterprise performance. Business Objects has more than 43,000 customers – including over 80 percent of the Fortune 500 – and a network of more than 3,000 partners and resellers.

The acquisition, which is expected to close in the first quarter of 2008, is SAP’s largest acquisition so far. The deal is especially newsworthy for SAP, which has always tended to favor developing its own technology rather than acquiring it.

The acquisition of Business Objects is designed to dovetail into SAP’s previously announced plans to double its addressable market by 2010, said Henning Kagermann, SAP chief executive, during a press conference earlier this year.

Under the terms of the agreement, SAP will pay 42 euros ($59.35) per share in cash.

John Schwarz would continue as the CEO of Business Objects and is expected to become a member of SAP’s executive board, while Doug Merritt, corporate officer for SAP’s Business User segment, would join the Business Objects entity and report to Schwarz, the companies said.

SAP said it expects the transaction to add to the company’s earnings per share by 2009.

Business intelligence software taps into an organization’s disparate data “to provide meaningful information and analysis to employees, customers, suppliers, and partners for more effective decision making.”

Although both companies are sort of Web 1.0 (closed, proprietary, no Web 2.0 environment, no services and collaboration on-line available, etc.) SAP and Business Objects have started providing online services that represent an extension of their core products. For instance SAP has focused on online business collaboration, and has developed web based widgets that interact with SAP productivity tools.

On the other hand Business Objects offers a number of online applications under the “BI 2.0″ banner on its Business Objects Labs Web site. Tools include BI Annotator, a tool that combines external data feeds with the structured data in a data warehouse, and BI Desktop, for creating programs or widgets that display current BI information on the desktop.

Earlier this year SAP announced the acquisition of two other smaller companies an enterprise communications software developer and a buyout of an identity management applications maker.

The Wicom Communications acquisition is designed to bolster SAP’s customer relationship management (CRM) software, while the pending MaXware acquisition is expected to increase SAP’s identity management capabilities in NetWeaver.

Both acquisitions mirror the enterprise software giant’s past practice of acquiring small, niche companies to fill out its product portfolio, rather than large multibillion-dollar deals.

What forced SAP to switch from buying mostly small niche-specific companies and products to large-scale deals such as the deal for Business Objects SA today?

Perhaps the fact that roughly 40 percent of Business Objects’ customers use SAP might be a natural synergy for both companies. Between them, SAP and Business Objects offer three financial consolidation products. The other 60 percent of Business Objects’ business, which deals with business-intelligence tools, is where SAP will find value, said Paul Hamerman, an enterprise applications analyst with Forrester Research.

Business Objects acquisition might also be the SAP’s respond to the rival Oracle which has, not too long ago, acquired business intelligence tool developer Hyperion Solutions in a $3.3 billion deal.

Just last April, SAP apparently wasn’t convinced it needed to buy itself into the business intelligence market. Hamerman said he spoke with Kagermann at Sapphire, SAP’s annual user conference, where the SAP CEO said he couldn’t expect to make a big push into the market with an acquisition and still get a return on investment by 2010. What a sharp turn.

Meanwhile, AMR Research notes that spending on business-intelligence and performance management products is expected to reach $23.8 billion by the end of the year, up 3.6 percent from the previous year.

Shares of Business Objects soared 16 percent in the trading after the deal was announced to $58.36 a share. By contrast SAP shares dropped 5.2 percent to $56.14 a share.

About SAP

Founded in 1972 as Systems Applications and Products in Data Processing, SAP is the recognized leader in providing collaborative business solutions for all types of industries and for every major market. From Walldorf to Wall Street: The SAP Success Story

Serving more than 43,400 customers worldwide, SAP is the world’s largest business software company and the world’s third-largest independent software provider overall. We have a rich history of innovation and growth that has made us a true industry leader. Today, SAP employs more than 42,750 people in more than 50 countries. Our professionals are dedicated to providing the highest level of customer service and support.

Knowledge, Experience, and Technology for Optimizing Business

SAP has leveraged our extensive experience to deliver a comprehensive range of solutions to empower every aspect of business operations. By using SAP solutions, organizations of all sizes – including small businesses and midsize companies – can reduce costs, improve performance, and gain the agility to respond to changing business needs.

SAP has also developed the SAP NetWeaver platform, which allows our customers to achieve more value from their IT investments.

To ensure SAP’s position as a technology leader, SAP Ventures invests in emerging entrepreneurial companies that are advancing exciting new technologies. And through SAP Research, we introduce new ideas for future solutions.

At SAP, quality awareness and best practices are at the heart of everything we do. SAP’s commitment to quality is manifested through annual quality awards.

Headquartered in Walldorf, Germany, SAP is listed on several exchanges, including the Frankfurt Stock Exchange and the New York Stock Exchange, under the symbol “SAP.”

SAP’s stock has consistently achieved one of the highest returns of German securities. Investors who bought SAP ordinary shares at the end of 1996 and reinvested their dividends (excluding tax credits) and the proceeds from rights issues into SAP ordinary shares would have received, at the end of 2006, an average annual return of 16.9%. A REX portfolio of fixed-interest German government bonds yielded 5.1% per year during the same period. The comparable yield on an investment tied to the DAX index of Frankfurt securities was 8.6% per year. The average return on SAP ordinary shares over the past five years has been 2.6% per year (5% in 2005, -3.8% in 2004, and 2.1% in 2003).

Stock Details

  • Initial public offering:  November 4, 1988
  • Issue price:  750.00 DM (ordinary shares); €0.50 in today’s currency
  • Stock category:  Ordinary share (no-par-value share)
  • Shares outstanding:  1,267 million
  • Free float:  About 69.8% (approximately 884 million shares)
  • Market cap (Dec. 31, 2005):   €51 billion
  • Dividend for fiscal year 2006:  €0.46
  • Closing price (Dec. 31, 2006):  €40.26

Ticker Symbols

  • Deutsche Boerse  SAP
  • New York Stock Exchange (ADR)  SAP
  • Bloomberg  SAP GR
  • Reuters  SAP_p.F or DE
  • Quotron  SAGR.EU

Indices

In recognition of its ethical performance, SAP has again qualified for inclusion in major ethical investment indexes, FTSE4Good and the Dow Jones Sustainability Indexes.

More about Business Objects S.A.

The company was established in Aug. 3, 1990 in Paris. Business Objects was founded on the vision of two young software entrepreneurs. The company is today headquartered in both locations San Jose, California and Paris, France. The company’s CEO is John Schwarz. 2006 revenues were $1.254 billion while the 2007 Q1 revenue was $334 million. The company has more than 5,428 (as of Q1 2007) Employees.

Bernard Liautaud is chairman and chief strategy officer of Business Objects. As chief strategy officer, Liautaud focuses on advising CEO John Schwarz and the executive committee on business strategy.

Liautaud co-founded Business Objects in 1990 and was chief executive officer until September 2005. He took the company public on NASDAQ in September 1994, making it the first French software company listed in the United States. Since that time, Liautaud lead Business Objects through 12 successful years of growth and profitability, making the company one of the 25 largest software companies in the world and the clear leader in the business intelligence market. Liautaud’s key accomplishments include:

Time Magazine Europe’s Digital Top 25 of 2002
BusinessWeek Europe Stars of Europe of 2002
 
One of the Top 10 CEOs in North America by Chief Executive Magazine in 2001

Author of the popular business book, e-Business Intelligence: Turning Information into Knowledge into Profit. The book was translated into nine languages and sold more than 50,000 copies worldwide

Prior to Business Objects, Liautaud served as marketing manager for Oracle in France. Previously he was the deputy scientific attaché for the French Embassy in Washington, D.C. Liautaud has a master’s degree in engineering from École Centrale (France) and a master’s degree in engineering management from Stanford University. In 2007, Bernard was awarded the title of “Chevalier de la Légion d’Honneur” by the French government.

More

http://www.sap.com/
http://www.businessobjects.com/
http://www.businessobjects.com/news/press_release.asp?id=20071007_005046
http://www.techcrunch.com/2007/10/07/sap-acquires-business-objects-for-e48-billion/
http://news.zdnet.co.uk/software/0,1000000121,39285595,00.htm
http://news.yahoo.com/s/afp/20071007/bs_afp/francegermanycomputertakeoversap (story has expired)
http://www.eweek.com/article2/0,1759,1866923,00.asp
http://www.businessobjects.com/company/management/liautaud.asp
http://www.businessweek.com/ap_working/financialnews/D8S4K2580.htm?chan=top+news_top+news+index_top+story
http://www.news.com/8301-10784_3-9792531-7.html
http://www.news.com/SAP-acquiring-two-European-software-makers/2100-1012_3-6183545.html
http://www.news.com/Oracle-buys-Hyperion-for-3.3-billion/2100-1012_3-6163325.html
http://blogs.zdnet.com/BTL/?p=4908
http://www.informationweek.com/management/showArticle.jhtml?articleID=202300623
http://www.sap.com/about/press/press.epx?pressid=8360
http://www.nytimes.com/2007/10/08/business/worldbusiness/08sap.html?ref=business
 

Naspers Acquired Polish based IM Company Gadu Gadu (chit-chat)

South Africa’s biggest media group Naspers Ltd offered to buy all outstanding shares in Polish Internet firm Gadu Gadu S.A. (GADU.WA), a Polish IM service, for 23.50 zlotys ($8.77) per share. The current majority shareholder of Gadu Gadu has agreed to tender its 55% shareholding in the public tender offer. In order to gain 100% acceptance of this tender offer the total investment will amount to around $155 million. Gadu Gadu (GG) is listed on the Warsaw stock exchange (Poland), and Naspers will launch a public offer to buy the shares. As a side note Poland became a European Union member in early 2004.  Poland is the EU’s fifth most populous country with 38 million inhabitants, exhibiting fast growth in the penetration of broadband connectivity, usage of the internet and online internet advertising.

Gadu Gadu is one of Poland’s largest instant messaging companies, with millions of unique users, mainly in Poland, and a 43% share of the Polish market. It also has a social network mojageneracja, which has just under million uniques. Gadu Gadu is one of the many entrants for the instant messaging market. Should Naspers get this public tender offer, it will be adding to its global reach, especially in Europe, where it’s somewhat less influential than some of the other countries it has a presence in.

Gadu-Gadu stands for “chit-chat” in Polish and is commonly known as GG or gg and is a Polish instant messaging client.

Gadu-Gadu runs under Windows 98/2000/Me/XP/2003/Vista and is operating under the license of adware. Gadu-Gadu makes money by displaying advertisements. Just like with ICQ, users are identified by their serial numbers. There are numerous add-ons available to provide extra features. The official version provides over 150 smiley icons, and allows off-line messages, data dispatch, and VoIP. Since version 6.0, an experimental SSL secure connection mode can be used.

One of the most popular features of Gadu-Gadu is the status option, allowing users to display short text messages visible under their buddy icons on other users’ contact lists. Gadu-Gadu uses its own proprietary protocol. Many unofficial plug-ins have been created to expand its capabilities. Even though Gadu-Gadu service provider officially forbids to access the network with 3rd party applications (changes in use Terms and Conditions introduced in 2006), several other instant messengers have the ability to communicate with GG protocol such as:

  • Kadu, an open-source instant messenger similar to Gadu-Gadu (Linux/Macintosh)
  • Tlen.pl, a Polish instant messenger (Windows)
  • Miranda IM (Windows)
  • Adium (Macintosh)
  • Proteus (Macintosh)
  • Pidgin / Finch (multi-platform)
  • Kopete (multi-platform)
  • AmiGG (AmigaOS and MorphOS)
  • EKG (Linux/Macintosh) console client
  • GNU Gadu (Linux/Macintosh)

Gadu-Gadu is the most popular IM in Poland. There are over 7.8 million registered accounts, and every day approximately 6.5 million users are online.

Many users consider the latest version too overloaded by unnecessary addons (Gadu-Gadu Radio Station etc.), so the older versions (especially 6.1 build 158) are still as popular as the new one. However, the new version is generally regarded as being much more stable.

Gadu Gadu S.A. was established in 2000.

About Naspers

Naspers is a multinational media company with principal operations in electronic media (including pay-television, internet and instant-messaging subscriber platforms and the provision of related technologies) and print media (including the publishing, distribution and printing of magazines, newspapers and books, and the provision of private education services). Naspers’ most significant operations are located in South Africa, where it generates approximately 76.4% of its revenues, with other operations located elsewhere in Sub-Saharan Africa, Greece, Cyprus, the Netherlands, the United States, Thailand and China. Naspers creates media content, builds brand names around it, and manages the platforms distributing the content. Naspers delivers its content in a variety of forms and through a variety of channels, including television platforms, internet services, newspapers, magazines and books. Many of Naspers’ businesses hold leading market positions, and Naspers capitalises on these strong positions when expanding into new markets.

As a side note early this year Naspers announced voluntary delisting from NASDAQ and instead Naspers Limited Received Listing Approval for London Stock Exchange. Naspers is listed on the stock exchange in Johannesburg and up to date stock quote can be found over here: http://stocks.us.reuters.com/stocks/overview.asp?symbol=NPNJn.J

With the current acquisition Naspers is hoping to expand its instant messaging services beyond what it already owns in the sector. Naspers operates local IM/online services in Russia (Mail.ru), China (Tencent) and Thailand (M-Web/Sanook).

The company is headquartered in Cape Town, RSA. 

More

http://www.gadu-gadu.pl/
http://www.naspers.co.za/pdfs/press_04_october_2007.pdf
http://www.paidcontent.org/entry/419-south-africas-naspers-offers-to-buy-polish-im-service-gadu-gadu-for-155/
http://mashable.com/2007/10/04/naspers-gadu-gadu/
http://www.naspers.com/English/home.asp
http://www.reuters.com/article/mergersNews/idUSWEB835920071004
http://en.wikipedia.org/wiki/Gadu-Gadu
http://finance.paidcontent.org/paidcontent?GUID=3379356&Page=MediaViewer&Ticker=NPSN
http://stocks.us.reuters.com/stocks/overview.asp?symbol=GADU.WA

iPower – the worst hosting company I have ever seen

Having to blog for such ridiculous situation in the light of Christmas is not an easy task to do, but I have to.

One thing seems clear to me today iPower, Inc, is rapidly heading towards the “deadpool” and is on its way to totally disintegrate itself as a hosting company.

We were part of a highly promising start-up company that had the bad luck to be hosted on a dedicated server with the iPower company. Last week the server went down and all of our attempts to have a knowledgeable customer rep on the phone, email or chat to get our problem resolved or at least being told what the problem is have completely failed. The project was very important site (everyone’s site is important) and we were in initial talks with potential investors when the disaster struck us and our nightmares begun.

Simply put, this company has the worst customer service department and approach towards its clients we have ever experienced in our business practice and we can claim we have a vast business experience, more than 20 years in the IT sector and more than 10 years over Internet.

Their live chat support is outsourced with liveperson and the representatives there are absolutely unaware of what we were talking about, copying and pasting pre-made questions and answers and when you ask them concrete questions there are replying with no concrete details and you end up spending an hour or two without any luck to get your issue resolved.

Calling on their customer service telephone is yet another tragedy – normally you end up waiting for at least 50 minutes on the phone until somebody answers on the line. Things are here even worse. First off they ask for your domain name and you are feeling hopeful something will help you out now. After you tell them your domain name and after waiting for 5 minutes more, they are coming back telling you that your domain name is not registered with their system but with GoDaddy (in our case it is true) and they cannot do anything more to help. One second before you freak out, you just calm down and try to explain them that you are on dedicated server there and the domain name is not of particular interest to you. The guy then asks you for your user name and password for their platform; surprise you do not have such ones. You then try to explain that you never had user name or password because you had never used their platform and you had never been given with such a chance to do so. Once you insist further that you are talking about dedicated server and you can provide them with the IP address the customer rep is then saying just OK, give it to me. Fine, we think this time we are on the right direction but not really as it turns out. After yet another 5 minutes waiting on the line the customer rep is returning with surprising news, we did not find your server. While the rep is trying to get rid of us, we are desperately trying to ask what the problem is anyway and how that is possible our server is not found. We are then asked for the last 4 digits of the primary account holder’s credit card and once provided with the rep went off line again for yet another 5 minutes. Upon his return he further asked for our full names and other personal details and when we have in return asked for his surname the customer rep refused to give it to us. He simply asked why and when we have politely explained that we might want to speak with his supervisor he just said he is busy. Anyway we gave up on further chasing the poor guy and start begging him to do something and help us out, we have recommended he reboots our server. His respond to our request something to be done was yet another shocking statement from iPower: it is not his job and he is not rebooting servers. Realizing that we go no where with this guy on the phone we have simply given up and hanged up.

A few days later and after having tried pretty much everything to contact them again and have our issue resolved we are again landing on a customer rep on the phone. After all standard and time wasting questions the tech rep is stating our server is working and everything seems normally according him. Great you may think but you are wrong our server is still down and after telling this guy that we were not able to ping the server he just replied that our office must be behind firewall and that’s our problem, we cannot access our server otherwise it is working fine. While putting efforts to calm down and not go against this guy over the phone we tried to calmly explain him that a web based ping server is reporting that the packages are lost at 100% being tried from 10 different locations from all over the world and our office firewall is our last problem in this moment. The guy then just replied OK, I will open a new ticket for you and when being asked how long it would take for our server to get back to normal he simply put it As Soon As Possible and said he cannot help us anymore.

One day later our server is still down and unreachable. At the end of the day we are seeing a new email from iPower staying that our server has been worked out and should be up and running within 45 minutes. What a happiness for us, we were thinking, almost ready to leave for Christmas with everything settled well down. Well, wishful thinking, 5 hours later our server hence our site is still down.

We have also realized yet another fact that you always speak with different names at their customer service department and when the next time you call them up and want to speak with the same person for the sake of better understanding and skip all the identification questions and the usual crap, the guy you presently speak with is telling you that the person from your previous phone call is not remembering you.

7 days later our server is still down, unreachable, the site is inaccessible and our business is totally harmed, just before the end of the year. Well we admit that technology issues, problems and difficulties are happening all the way, including to RackSpace most recently (great customer support btw). What made us pissed off is the lack of normal customer support to explain what the problem after all is and the way their customer reps were treating their customers being sarcastic, ironic and very impolite in particular moments.

Their support section is filled with erroneous instructions. There are normally 100+ people in line at chat support and at least 1 hour wait by phone. Customer support is virtually non-existent after they make a mess out of your website.

No emails were ever replied and returned to us.

Having a quick research conducted over Internet we find out the shocking reality, we are not alone. It turns out a countless people are furious over iPower and lots of businesses are affected. A number of law suits are promised to be put up against the Arizona company and even a class action lawsuit against IPowerWeb is in preparation.

In another site iPowerWeb and iPower currently has 214 user reviews: 30 positive and 184 negative. So far 14% of the reviews submitted have said they would recommend iPowerWeb and iPower. The reviews go as far as 5 years back in the time as the most recent years and most there are no recommendations at all. It indicates the company is worsening as it grows older.

Yet another group of unhappy customers are doing campaign calling for a boycott by potential new customers of IPowerWeb has been initiated and as well as an organized effort to commence an class action lawsuit against IPowerWeb for business interruptions and monetary losses incurred as a result of IPower’s mandated “transition” to new servers and “hosting platform”.

The ultimate goal is to initiate a class action lawsuit against iPower to recover losses caused by their mandated “transition” and to force them to offer options including remaining on the “old platform” if customer so wishes; and to initiate a boycott against iPower to discourage new customers from contracting with them as a web host.

There have been horrendous and ongoing problems with iPower and their “changeover” to a new “platform”.

“There are no options”, the customer is told. You either allow them to transfer your website and business for you or you pay someone to do it if you can’t do it yourself and brace yourself for multiple and ongoing headaches.

There are nightmare stories of people who have lost their businesses and their income because of iPower, because their website no longer functions and customer support at iPower is virtually non-existent and non-responsive after they “move” your website and business to their new “platform”.

Ultimatum is to initiate class action lawsuit against IPower to recover losses and force changes in customer support/options.

Law firms who are interested in representing IPower/Endurance International customers in a class action lawsuit for business losses and disruption of business are asked to contact news@northcountrygazette.org

Just like it is not enough for the iPower to have the worst customer service on Web but it seems they are involved into hosting a countless number of sites that direct visitors to nasty drive-by installations.

The company’s CEO said in an email the problem has been fixed, but as of blog post time we were still able to identify iPower-hosted sites that were redirecting to malicious servers.

In May, iPower came to the attention of researchers at StopBadware.org, who found more than 10,000 compromised websites were being hosted by the Phoenix-based company.

Later the same week, iPower CEO Thomas Gorny said less than 1 percent of the sites his company hosts were compromised. With company claims of at least 700,000 customers, that would translate to 7,000.

I remember a friend of mine had a bad experience with his email account of a web site he had hosted with iPower and his server’s IP address was listed on spamhaus.org due to bad neighborhood and because of the practice iPower relies on for ongoing emails. Spamhaus tracks the Internet’s Spammers, Spam Gangs and Spam Services, provides dependable realtime anti-spam protection for Internet networks, and works with Law Enforcement to identify and pursue spammers worldwide. On his attempts to resolve the issue with iPower and expose the spammers no body from the Arizona company was responsive and helpful. They later moved out from iPower.

About iPower Inc.

iPower, Inc., founded in October 2001, provides web hosting and web services for small- and medium-sized businesses worldwide looking to build, manage, promote and profit from an online presence. The company, which offers domain registration, web site hosting, e-commerce tools, merchant services, application hosting, online marketing, site optimization services, and web site design, is also famous for the speed and effectiveness of its customer support.

The company’s address:

iPower, Inc.
919 East Jefferson
Phoenix, Arizona
United States
Phone: +1.3103141610
Sales Number:  888-511-4678 
Support Number:  888-511-4678 
www.ipower.com

Founder and CEO of the company is Thomas Gorny (in the middle on the picture) and the company is based in Arizona, US. Thomas Gorny spent the first 14 years of his life in Poland. A move to Germany found him attending a prestigious business college and running his own PC hardware business. Then, two months before graduation, he dropped out and sold his business for very little money to seize an opportunity to immigrate to America. The risk paid off not once, but twice.

Gorny joined one of the very first web hosting companies in 1996 and earned 20 percent ownership. The company was sold in 1998, and when Gorny left in 1999, he was in the money. “I never thought I’d go back to web hosting,” he says. So he jumped into marketing and real estate, but when the bubble burst in 2001, his stocks dropped and his real estate projects suffered. “I just got involved with the wrong people in business,” says Gorny, who lost everything.

“Being on an investor visa, I couldn’t even go to work for somebody because I didn’t have a work permit,” Gorny says. After re-examining the hosting market, he realized there was room for a company offering web hosting and site building for nontechnical users. Armed with his American Express card, Gorny willed iPower into existence in late 2001. “I said to myself, ‘If we can acquire 10 customers a day, I’m going to be in heaven.’” The company garnered 60,000 customers in its first year. Now with more than 500,000, iPower recently moved its headquarters from Santa Monica, California, to Phoenix.

Maggie Kinsley is the company’s Director of Human Resources for iPower.

Just our 2 cents: Thomas Gorny must put every effort to improve his company’s customer service if he wants to stay in the business simply ASAP. Unless this happens, Gorny might be the first to witness how, from business having more than 500,000 clients today, iPower melts down to 10 clients as quick as it has grown, so does his American dream.

For anyone who wants to see iPower’s record with the BBB, go to the Phoenix BBB site below and search for “IPower”.

Phoenix Better Business Bureau
4428 N. 12th Street
Phoenix, AZ 85014-4585
Phone: (602)264-1721
Fax: (602)263-0997
Email: info@phoenix.bbb.org
Web: http://www.phoenix.bbb.org

After all there is only one simple conclusion left. We are strongly recommending anybody out there stop using or never start using iPower for mission-critical projects if you do care of your own business. Another piece of advice from us would be for you to choose Web Host That Values Their Customers, Not iPower. Good hosting companies, based on our personal experience, are both RackSpace and Dreamhost.

Our simple appeal is avoid relying on and using iPower in Arizona, US.

P.S.

In the day of this post our server was still down.

More

http://www.ipower.com/ipower/index.bml
http://www.northcountrygazette.org/news/2007/12/16/boycott_ipower/
http://www.thepoint.com/campaigns/just-say-no-to-i-power-web
http://www.webhostingunleashed.com/ipowerweb-and-ipower?gclid=COuG1eXBuZACFQNhMAodfSphHA
https://www.thepoint.com/targets/ipowerweb-inc
http://www.theregister.co.uk/2007/12/14/latest_ipower_breach/
http://tacit.livejournal.com/
http://blogs.stopbadware.org/articles/2007/05/04/stopbadware-identifies-hosting-providers-of-larged-numbers-of-sites-in-badware-website-clearinghouse
http://www.stopbadware.org/home
http://www.spamhaus.org/
http://www.northcountrygazette.org/news/2007/12/06/stay_away_ipower/  http://www.northcountrygazette.org/news/2007/12/09/ipower_customers/   http://www.northcountrygazette.org/news/2007/12/14/transition_disaster/
http://www.northcountrygazette.org/news/2007/12/17/ipower_fraud/
http://www.yelp.com/biz/ipowerweb-inc-phoenix
http://hostjury.com/blog/page-14
http://hostjury.com/blog/view/27/ipowerweb-ipower-clients-enduring-massive-problems
http://www.vistainter.com/reviews/I/ipower.com/
http://gallery.ipower.com/main.php?g2_view=core.ShowItem&g2_itemId=10
http://www.entrepreneur.com/magazine/entrepreneur/2006/october/167764-4.html
http://forums.devarticles.com/web-hosting-45/ipower-has-no-power-10573.html
http://www.my3cents.com/showReview.cgi?id=30830
http://www.complaintsboard.com/complaints/ipower-c38553.html
http://www.americanbadbusinesslist.com/ipowerweb-complaints.htm

Hakia takes $5M more, totals $16M

In a new round of funding Hakia, the natural language processing search engine has raised additional $5M. The money came from a previous investor, some of which are Noble Grossart Investments, Alexandra Investment Management, Prokom Investments, KVK, and several angel investors. With plans of fully launching some time next year, Hakia has been working towards improving its relevancy and adding some social features like “Meet the Others” to their site. Hakia is known to have raised $11 million in its first round of funding in late 2006 from a panoply of investors scattered across the globe who were attracted by the company’s semantic search technology. As far as we know, the company’s total funding is now $16M.

We think that from all alternative search engines, excluding Ask.com and Clusty.com, Hakia seems to be one of the most trafficked engines with almost 1M unique visitors as we last checked the site’s publicly available stats. If it is us to rank the most popular search engines I would put them the following way: Google, Yahoo, Ask.com, MSN, Naver, some other regional leaders, Clusty and perhaps somewhere there is hakia going.

On the other hand and according to Quantcast, Hakia is basically not so popular site and is reaching less than 150,000 unique visitors per month. Compete is reporting much better numbers – slightly below 1 million uniques per month. Considering the fact the search engine is still in its beta stage these numbers are more than great. However, analyzing further the traffic curve on both measuring sites above it appears that the traffic hakia gets is sort of campaign based, in other words generated due to advertising, promotion or PR activity and is not permanent organic traffic due to heavy usage of the site.

In related news a few days ago Google’s head of research Peter Norvig said that we should not expect to see natural-language search at Google anytime soon.

In a Q&A with Technology Review, he says:

We don’t think it’s a big advance to be able to type something as a question as opposed to keywords. Typing “What is the capital of France?” won’t get you better results than typing “capital of France.”

Yet he does acknowledge that there is some value in the technology:

We think (Google) what’s important about natural language is the mapping of words onto the concepts that users are looking for. To give some examples, “New York” is different from “York,” but “Vegas” is the same as “Las Vegas,” and “Jersey” may or may not be the same as “New Jersey.” That’s a natural-language aspect that we’re focusing on. Most of what we do is at the word and phrase level; we’re not concentrating on the sentence. We think it’s important to get the right results rather than change the interface.

In other words, a natural-language approach is useful on the back-end to create better results, but it does not present a better user experience. Most people are too lazy to type in more than one or two words into a search box anyway. The folks at both Google and Yahoo know that is true for the majority of searchers. The natural-language search startups are going to find out about that the hard way.

Founded in 2004, hakia is a privately held company with headquarters in downtown Manhattan. hakia operates globally with teams in the United States, Turkey, England, Germany, and Poland.

The Founder of hakia is Dr. Berkan who is a nuclear scientist with a specialization in artificial intelligence and fuzzy logic. He is the author of several articles in this area, including the book Fuzzy Systems Design Principles published by IEEE in 1997. Before launching hakia, Dr. Berkan worked for the U.S. Government for a decade with emphasis on information handling, criticality safety and safeguards. He holds a Ph.D. in Nuclear Engineering from the University of Tennessee, and B.S. in Physics from Hacettepe University, Turkey.

More

[ http://venturebeat.com/2007/12/12/hakia-raising-5m-for-semantic-search/ ]
[ http://mashable.com/2007/12/12/hakia-funded/ ]
[ http://www.hakia.com/ ]
[ http://blog.hakia.com/ ]
[ http://www.hakia.com/about.html ]
[ http://www.readwriteweb.com/archives/hakia_takes_on_google_semantic_search.php ]
[ http://www.readwriteweb.com/archives/hakia_meaning-based_search.php ]
[ http://siteanalytics.compete.com/hakia.com/?metric=uv ]
[ http://www.internetoutsider.com/2007/07/the-big-problem.html ]
[ http://www.quantcast.com/search/hakia.com ]
[ http://www.redherring.com/Home/19789 ]
[ http://web2innovations.com/hakia.com.php ]
[ http://www.pandia.com/sew/507-hakia.html ]
[ http://www.searchenginejournal.com/hakias-semantic-search-the-answer-to-poor-keyword-based-relevancy/5246/ ]
[ http://arstechnica.com/articles/culture/hakia-semantic-search-set-to-music.ars ]
[ http://www.news.com/8301-10784_3-9800141-7.html ]
[ http://searchforbettersearch.com/ ]
[ https://web2innovations.com/money/2007/12/01/is-google-trying-to-become-a-social-search-engine/ ]
[ http://www.web2summit.com/cs/web2006/view/e_spkr/3008 ]
[ http://www.techcrunch.com/2007/12/18/googles-norvig-is-down-on-natural-language-search/ ]

Sequoia Funding for Search Engine Marketing (SEM) Firm Kenshoo

Kenshoo, a search engine marketing firm, has received an undisclosed amount of funding from Sequoia Capital. The end-to-end search marketing solution aimed at advertisers and ad agencies operates on an automated technology for advertising campaigns, and a core feature of the company’s suite of offerings relies on the longtail keyword expansion. It is an exclusive search formula using patented multilingual keyword expansion, automatically identifies thousands of related keywords from real user search terms with no need for manpower and hours of effort. Updates are provided on a constant basis on the campaign ensuring updated information on the exact keywords.

The basic idea behind their concept is to minimize the amount of man power needed to run a successful and informed advertising campaign online. Running an AdWords or related CPC text ad campaign is a time consuming and hard science process

Those advertisers that are savvy into it run up against the mind numbing tasks to entering data over and over again so they can run side-by-sides and constantly improve their dollar efficiency, and changes based on one cent’s move in either direction can sometimes mean the difference between a profitable ad campaign and one that ends up losing tons of money.

So it seems there is a growing need for automated tools in regards to online advertising and marketing, especially with the growing number of ways in which campaigns can be distributed across the web.

Their flagship product is called KENSHOO SEARCH(tm) and provides automated management for campaigns across multiple search engine platforms such as Google, Yahoo and MSN.

KENSHOO SEARCH(tm) is an end-to-end SEM platform, which automates the process of building and optimizing cross channel search campaigns.

Quality Management with KENSHOO SEARCH

Quality Management is a unique approach which automates all aspects of Search campaigns. Bid management is not enough anymore! In today’s search engines arena, creating a successful SEM campaign consists of a wide array of elements;

  • Selecting relevant keywords
  • Updating deep links URL’s
  • Creating effective ads
  • Providing and constantly updating bids
  • Monitoring the traffic
  • Structuring cross platform campaigns
  • Reporting and analyzing data on-time

Long-tail keyword expansion

Kenshoo’s exclusive search formula guarantees every search engine marketing campaign a long tail. By using patented multilingual keyword expansion, KENSHOO SEARCH(tm) automatically identifies thousands of related keywords from real user search terms- with no need for manpower and hours of effort.

Dynamic Sites

Website content perpetually shifts as new and improved products reach the cyber-shelves. The need for updating multiple campaigns is vital in order to keep up with this ever-changing environment. With the unique ability to automatically update itself as web content changes, KENSHOO SEARCH(tm) enables the client high ROI SEM campaigns. By staying in tune with this constantly changing environment, KENSHOO SEARCH(tm) seamlessly index a site and upload the exact model/brands or other keywords and data together with the deep link URL to the search engines. This enables the upload of the merchant’s products onto the Search engines as well as updating it as the site changes. The added bonus is the low cost per click, high CTR, high conversion rates and maximized ROI that result from the highly relevant landing page.

Intelligent Bid Management

Featuring an easy-to-use and configurable Bid Management solution, KENSHOO SEARCH ™ allows your bids to be flexible, applying its’ logic to all major search engines, it even allows you to create your own bid policy. Whether your products require maximum exposure or a positive ROI on any level, KENSHOO SEARCH(tm) follows campaign behavior in real time, detecting changes and reacting to the competition, insuring high ROI on your SEM campaigns.

Click Fraud

KENSHOO SEARCH(tm) offers the invaluable asset of identifying click fraud in real time. With the ability to manage multiple campaigns all at once, KENSHOO SEARCH(tm) reports the detection of Click Fraud immediately, protecting advertisers from over clicking, and allowing clients to obtain a refund. In addition, KENSHOO SEARCH(tm) has ability to pause campaigns when sites malfunction.

Quality Reporting

Stay on track with comprehensive reporting of your campaigns. KENSHOO SEARCH(tm) understands the importance when it comes to reporting. With Kenshoo search, in-depth reports are created that analyze traffic from different networks, displaying click distribution and ROI geographically, daily, and hourly, to take your campaigns to the highest level of success.

Kenshoo’s service enables advertisers and agencies to reach high volumes and optimize campaigns.

To utilize their services you simply give them your URL, and a designated account manager will assist you wit the process. They work hard to understand your targets and goals, analyze your website, assess your campaign, and optimize it to suit your individual needs.

The company is based in Israel. In August 2007, Kenshoo began applying its search engine marketing analytics on behalf of its first large client, AOL-owned IM company ICQ, also based in Israel. It also works with agencies such as McCann-Erickson and AlthogetherDigital. A representative for the company said one-year-old Kenshoo is focused on bringing its business to the UK sometime early next year. Once it’s up and running in Europe, Kenshoo then plans to build a U.S. presence.

Yoav Izhar-Prato, CEO and co-founder of Kenshoo adds, “We are thrilled to be joining forces with Sequoia, a partner with an unsurpassed track record of successful Internet investments such as Yahoo!, Google, Apple, PayPal and YouTube. Kenshoo is determined to be the leading provider of innovative Search Marketing solutions; harnessing our in-depth knowledge of the industry, our clients’ constructive feedback, technological strengths and continuous innovation- I believe we are well positioned to do so.”

Sequoia Capital is the Google backer and it is coming as no surprise they are funding a company that is helping in particular users and customers that are spending their ad money on Google.

Although Moritz sat on the evaluating committee, he is not the investing partner from Sequoia. Yuval Baharav, a partner in Sequoia’s Israeli office, is the one who invested and will take a board seat. This is Kenshoo’s first venture round. Terms were not disclosed, although one report in an Israeli paper puts it at a few million dollars. Previously, the startup raised about one million dollars from angel investors, and has been funding itself from operations.

More about Sequoia Capital

Since 1972, Sequoia Capital has provided startup venture capital for very smart people who want to turn ideas into companies. As the “Entrepreneurs Behind the Entrepreneurs,” Sequoia Capital’s Partners have worked with innovators such as Sandy Lerner and Len Bozack of Cisco Systems, Jerry Yang and David Filo of Yahoo!, Gaurav Garg of Redback Networks, Larry Page and Sergey Brin of Google, Dan Warmenhoven of Network Appliance, T.J. Rodgers of Cypress Semiconductor, Lou Tomasetta of Vitesse Semiconductor, Steve Jobs of Apple Computer and Larry Ellison of Oracle. The companies organized by Sequoia Capital now account for about 12% of the value of NASDAQ.

More about Kenshoo Ltd

Kenshoo is a provider of end-to-end search marketing automated technology for advertisers and agencies worldwide.

The company’s flagship product KENSHOO SEARCH(tm) provides automated Quality Management for cross- platform search campaigns. Kenshoo’s unique technology and approach enables advertisers and agencies worldwide to reach high volumes, optimize campaigns and to boost ROI.

Kenshoo is an innovator in Search Engine Marketing with extensive industry knowledge and a dynamic approach. Kenshoo’s strength is in developing SEM technology to increase ROI on search campaigns.

Kenshoo’s flagship product, KENSHOO SEARCH(tm) is an end-to-end SEM platform, which automates the process of building and optimizing cross channel search campaigns. KENSHOO SEARCH?utilizes Quality Management, the company’s unique approach to search marketing that automates much of the labor intensive search marketing operations.

As a Google Qualified Company, a Yahoo! Ambassador and Microsoft adExcellence, Kenshoo provides its licensed SEM platform and services to publishers, agencies, blue-chip advertisers, and affiliate marketers world wide.

Management Team

Yoav Izhar-Prato, CEO & Co-Founder- As a founder of several start-ups around the globe and former manager of ECI Thailand, Mr. Izhar-Prato brings over ten years of business management to Kenshoo. Mr. Izhar-Prato carries an Executive B.A., Business management from Ruppin College.

Alon Sheafer, VP Marketing & Co-Founder- Mr. Sheafer brings over ten years of internet experience to Kenshoo. Alon has a strong Technological background combined with sales and marketing experience. Formerly founder and CEO of Bazman, a price comparison website. Mr. Sheafer holds a B.Sc in Computer Science from the Academic College of Tel-Aviv Jaffa.

Nir Cohen, CTO & CO-Founder- As former founder and CTO of Bazman, a price comparison website, Mr. Cohen carries years of experience in leading design and development teams for companies such as Demantra and Imperva. Mr. Cohen holds a B.Sc in Physics & Computer science from Ben Gurion University, Israel.

Andrey Shirben, Head of Campaigns- A former VP in marketing with Storewiz Ltd, Mr. Shirben brings a history of technology experience to Kenshoo. As Head of Campaigns, Mr. Shirben’s background lies in business management and computer science with a BA in Management & Computer science from Open University in Israel.

Udi Broyer, CFO & COO- Mr. Broyer brings over ten years of Financial and operational experience to Kenshoo. Mr. Broyer previously served as the Director of Finance of Metacafe a leading UGC Video web site. He held various executive financial positions such as financial consultants for JVP a Venture Capital firm and VP of Finance at Fundtech. Mr. Broyer is a CPA and served as a Senior Audit Manager in the high-tech group at “Ernst & Young” Israel. Mr. Broyer holds a B.A in Accounting and Economics at the Hebrew University in Jerusalem, Israel.

The market

SEM (Search Engine Marketing) is the younger brother of SEO (Search Engine Optimization). In general who fails to perform well on the SEO scene is forced later to rely on the SEM. SEO promises organic results and traffic while SEM does that for paid campaigns. On the other hand we think there are thousands of large-scale corporations and millions of small ones that have little to no ideas on how to develop white-hat SEO practices for their web based businesses and are in one way or another going to rely and depend on SEM and companies like Kenshoo for instance.

Otherwise the SEM market is very crowded and the environment is extremely competitive; there are literally thousands of small and mid-level SEM firms in the sector, yet having Sequoia on your side might be one step in the right direction for Kenshoo. I remember one firm in particular called Fathom Online. Fathom Online received $6 million in financing in its first round of venture funding a few years ago. The financing came from Constellation Ventures and private investors. As part of the funding, Constellation managing directors Virginia Turezyn and Dennis Miller have joined Fathom’s board of directors by that time. What we know Former Ask Jeeves executives Chris Churchill and Chris Raniere founded the San Francisco-based search engine marekting firm in 2002. Fathom also helps clients design and run paid search campaigns as clients include Hilton, Covad and Microsoft..

More

[ http://www.kenshoo.com/ ]
[ http://www.kenshoo.com/blog.asp ]
[ http://www.kenshoo.com/news_sequoia_invest_in_kenshoo.asp ]
[ http://www.linkedin.com/pub/0/172/967 ]
[ http://mashable.com/2007/12/13/kenshoo-funded/ ]
[ http://www.venturecapitalupdate.com/node/970 ]
[ http://www.techcrunch.com/2007/12/10/sequoia-invests-in-sem-automator-kenshoo/ ]
[ http://www.paidcontent.org/entry/419-israel-sem-provider-kenshoo-secures-first-round-in-support-of-european-/ ]
[ http://biz.yahoo.com/prnews/071211/uktu014.html?.v=101 ]
[ http://www.fathomonline.com/ ]
[ http://www.webmasterworld.com/forum5/5033.htm ]

MyPunchBowl gets angel funding, relies on algorithm to recommend best dates

MyPunchBowl, the event planning site that has joined the new crowd of Evite rivals, has recently been angel funded. According to some sources like VentureBeat and Mashable, the exact amount of funding has not been disclosed, but it’s less than $1 million, and is enough to keep the team in development for another year, at least.

MyPunchBowl is known to have had a pretty good year, with several developments and feature upgrades to its event-planning service. More niche templates have been added to its collection, and they released their new Facebook application called “Party Animal.”

Partnerships with traditional media companies like the Boston Globe could also help to establish MyPunchBowl as a viable option for planning your next event.

In technological aspect they’ve been building out tools for each step of planning a party: finding supplies, inviting friends, setting a date, and the after party. MyPunchbowl has also made setting a date that much easier through the help of an algorithm that recommends the best date for your party. Connecting party organizers with suppliers in an algorithmic approach (supplies on-demand, recommendations in context of the party, individuals, events, at the right time and place etc.) could be a viable business model in our understanding and this is where the site is planning to make money from, see below comments.

More about Punchbowl Software

At Punchbowl Software, we believe that planning an event or party should be enjoyable and easy.

For the host, there are typically lots of pieces to organize: picking a date, sending invitations, choosing catering and entertainment, purchasing party supplies, and renting party equipment just to name a few. It can be a time-consuming process, and it usually isn’t much fun.

To solve this problem, we’ve created MyPunchbowl, a new web application for event and party planning. MyPunchbowl provides software for every stage of planning. With MyPunchbowl.com you’ll actually enjoy planning while saving time.

“They are the developers of one of the hottest websites in America and around the world. These are the folks that are at the vanguard of web development” – one reads at CNBC. 

For now, MyPunchbowl is avoiding monetizing the site through display ads. Instead, it plans to open partnerships with vendors, helping users secure any party supplies they need. To make money, the site is working on opening more relationships with vendors. A guest asked to bring the turkey to a Thanksgiving event, for example, might receive a targeted offering from Butterball.

According to Quantcast the site’s reach is less than 12,000 American visitors per month and compared to Evite.com’s 7 million uniques / mo MyPunchbowl looks like it has way too much to do in order to be called even close competitor to Evite, despite the press attention it gained over the past year http://corp.mypunchbowl.com/news.php. 

The company was founded by software and user interface experts who are fanatics about simplicity and ease of use. As they say “they were frustrated with the current tools, and knew there had to be a better way”. The funding came from Intel Capital and eCoast Angels.

As far as we know MyPunchBowl’s competitor Planypus has recently been funded as well.

Other competitors include Skobee or Renkoo although they have differentiated themselves by helping plan the casual outings for drinks or dinner. Socializr is taking a social networking approach.

The company’s founder is Matt Douglas. Douglas, whose principal offices are based in the Boston Metrowest technology center (Natick, MA), has three employees for now. Formerly of Adobe Systems and Bose Corporation, Matt Douglas has 12+ years in product management and marketing with expertise in software product development. At Adobe, Matt was responsible for Adobe Premiere where he grew revenue from $15M to $50M in four years. At Bose, he was a senior manager in the professional division where he led a hardware and software product team. Matt has a degree in music from the University of Rochester and an M.B.A. from UNC Chapel Hill. Matt’s favorite reason to party is Groundhog Day–he and his wife held their 11th annual Groundhog Day party in 2007.

Otherwise Punchbowl Software is a privately held Delaware Corporation.

The competition in the event planning sector looks intensive, but the vast majority of the startups being active in the arena have chosen specific niches, and will be trying to secure their own markets without invading each other’s territory.

More

[ http://www.mypunchbowl.com/ ]
[ http://corp.mypunchbowl.com/ ]
[ http://venturebeat.com/2007/01/15/mypunchbowl-joins-growing-list-of-evite-rivals/ ]
[ http://mashable.com/2007/10/02/mypunchbowl-funded/ ]
[ http://venturebeat.com/2007/10/02/mypunchbowl-lands-seed-funding-for-online-invitations/ ]
[ http://www.quantcast.com/mypunchbowl.com ]
[ http://www.quantcast.com/evite.com ]
[ http://www.techcrunch.com/2007/05/21/mypunchbowl-the-algorithm-schedules-your-event/ ]
[ http://www.boston.com/business/technology/articles/2007/07/22/will_boston_ever_catch_up/?p1=MEWell_Pos5 ]

Google is taking on Wikipedia

Once known as one of the strongest and beneficial friendships on the Web between two hugely popular and recognized giants is today going to turn out into an Internet battle second to none.

It is no secret on Web that Google was in love with Wikipedia over the past years turning this small and free encyclopedia project into one of the most visited sites on Web today with over 220 million unique visitors per month. It is believed that at least 85% of the total monthly traffic to Wikipedia is sent to by Google. One solid argument in support of that thesis can be the fact every second article on Wikipedia is being ranked among the first, if not the first, results in Google’s SERPs resulting in unprecedented organic traffic and participation.

It is also well known fact that Google wished they had the chance to acquire Wikipedia and if it was possible it’s believed they could have done this even years ago. Due to the non-profit policy and structure Wikipedia is built upon it provided no legal pathway to such deal for Google to snatch the site in its early days.

Basically one can conclude that Google has always liked the idea and concept upon which Wikipedia is built up and since, due to obvious reasons, they were not able to buy the site they seem today are up to an idea dangerously similar to the Wikipedia and are obviously taking on the free encyclopedia.

News broke late yesterday that Google is in preparation to launch a new site called Knol to create a new user generated authoritative online knowledgebase of virtually everything.

Normally we would not pay attention on such type of news where a large-scale corporation is trying to copy/cat an already popular and established business model (concept) that did not turn into a large-scale company itself. This is happening all the time and is part of the modern capitalism except we found a couple of strategic facts that provoked us to express our opinion.

First of all the mythical authority and popularity of Wikipedia seems to be under attack and unlike any of the other attempts encountered before this time it is Google, a company that is possessing a higher degree of chance to make it happen, undermining Wikipedia despite its huge popularity and idealistic approach today.

A couple of weeks ago we have written an in-depth analysis how yet another mythical site Dmoz.org has fallen down and is on its half way to totally disintegrate itself and the only reason behind this trend we have found is the voluntary approach and principle the site relied ever since – almost 10 years of existence.

We think the same problem is endangering Wikipedia too and perhaps it is just matter of time we witness how the hugely popular free encyclopedia today will some day in the future start disintegrating the same way it happened to Dmoz.org due to the same reason – it hugely relies on and is heavily dependant upon the voluntary principle and the contribution of thousands of skilled and knowledgeable individuals. However we all know there is no free lunch, at least not in America. And once Wikipedia has its mythical image, today everyone wants to be associated with, lost and is no longer passing authority and respect on to its free knowledgeable contributors the free encyclopedia will then most likely start disintegrating and what’s today known to be an authoritative and high-quality knowledge data base will then become one of the biggest repository of low-quality and link rich articles of controversial and objectable information on the Web. Pretty much the same has already happened to Dmoz.org. The less the Wikipedia volunteers become interested to keep contributing their time and knowledge to the free site while fighting with an ever growing army of spammers and corporate PRs the more the low-quality and less authoritative information on the Wikipedia will grow to and that process appears unavoidable.

This is what Google seems to be up to and is looking forward to change. Google wants to compensate those knowledgeable contributors on a long term run that way avoid a potential crash in the future, which is unavoidable for every free-based service on the planet that had the luck to grow out of size. 

Having more than $10 billion in annual sales (most of it represents pure profit), and willingness to share that money with these knowledgeable people around the globe, as well as relying on more than 500 million unique visitors per month Google seems to be on the right track to achieve what Wikipedia will most likely fail at.

Otherwise Wikipedia is a greater idea than Google itself but anything the size and ambitious of Wikipedia today does require an enormous amount of resources to keep alive, under control and effectively working for the future. Wikipedia has been trying to raise money for a long time now with no viable success. On the other hand, Google has already these resources in place.

Google has already said that Knol results will be in Google’s index, presumably on the first page, and very possibly at the top: “Our job in Search Quality will be to rank the knols appropriately when they appear in Google search results.” Google wants Knol to be an authoritative page: “A knol on a particular topic is meant to be the first thing someone who searches for this topic for the first time will want to read” and that’s already a direct challenge to Wikipedia.

If Wikipedia is being replaced in the first top results on Google with pages from Knol respectively, Wikipedia traffic will definitely decrease, and possibly as a consequence so will broader participation on Wikipedia.

Will Knol be the answer of the Web of Knowledge everybody is looking for? We do not know but one is for sure today it is going to hurt Wikipedia and not the ordinary user of the aggregated knowledge base Wikipedia is. The entire army of both users and contributors will possibly move to Knol, for longer, or at least until Google finds ways to pay for the knowledge aggregation and its contributors.

Other companies that will eventually get hurt are as follows: Freebase, About.com, Wikia, Mahalo and Squidoo.

Below is a screenshot of the Knol’s reference page and how it would eventually look like:


More

[ http://www.google.com/help/knol_screenshot.html ]
[ http://googleblog.blogspot.com/2007/12/encouraging-people-to-contribute.html ]
[ http://www.techcrunch.com/2007/12/13/google-preparing-to-launch-game-changing-wikipedia-meets-squidoo-project/ ]
[ http://www.techcrunch.com/2007/12/14/google-knol-a-step-too-far/ ]
[ http://www.readwriteweb.com/archives/knol_project_google_experiment.php ]
[ http://www.webware.com/8301-1_109-9834175-2.html?part=rss&tag=feed&subj=Webware ]
 [ http://searchengineland.com/071213-213400.php ]
[ http://www.news.com/Google-develops-Wikipedia-rival/2100-1038_3-6222872.html ]
[ http://www.micropersuasion.com/2007/12/wikipedia-and-w.html ]
 

BillMeLater – $1 Billion in funding so far

By putting different pieces together we have just realized that all the funding for the so called credit card alternative BillMeLater totals $1 Billion. Pretty impressive at first sight but on second reading we guess it is in norms for a financial company with such ambitious goals and operations.

BillMeLater is a young seven-year-old company that is taking on the major competitors, including MasterCard, Visa and PayPal, which made its name as an online payment provider. BillMeLater has landed as merchants some of the most popular on-line retailers like www.Overstock.com, www.Walmart.com, www.usairways.com, www.officemax.com, www.brookstone.com, www.continental.com, www.etoys.com, www.hotels.com, www.1800flowers.com among others. Amazon will be offering the payment option as well.

The company incorporated initially as I4 Commerce and has changed its name to Bill Me Later, Inc. in 2007.

Bill Me Later, Inc. has developed and operates the PayCapture® technology platform and its suite of credit tools including its flagship Bill Me Later®–the first new payment method since credit cards to be broadly available within the United States.

Managed by a team of industry leaders, the Bill Me Later® Payment Suite allows merchants to leverage payments as a strategic tool to enhance customer loyalty, drive higher sales and expand profit margins.

Bill Me Later, Bill Me Later Business, the Preferred Account Program, and Promotional Financing tools are the first in a series of solutions designed to help merchants meet the demands of an increasingly competitive marketplace.  Leveraging existing infrastructures, most merchants can fully deploy these next-generation credit tools in a matter of weeks as opposed to the months it can take to set up other payment methods or private label accounts.

Millions of consumers rely on the safety and convenience of Bill Me Later, Inc.’s payment solutions when shopping online, via catalog and in-store to help save both time and money. 

On the consumer part it is:

Bill Me Later is the new way to pay that’s simple, fast and secure. 

Easy and Convenient
Bill Me Later is a convenient and secure new payment method designed for purchasing on the web or over the phone. As a credit account, Bill Me Later provides you with the flexibility to purchase without using your credit card. To request a Bill Me Later account, you do not have to complete a lengthy application prior to making a purchase. Simply select Bill Me Later at checkout to complete your request.

Security You Can Count On
With no card number for making purchases and no physical card, Bill Me Later gives you an extra level of security. Plus, Bill Me Later offers “zero fraud liability” protection, which means you are not responsible for unauthorized charges.

It operates much like a credit card company largely because its founder and chief executive Gary Marino has a long credit card pedigree, having served as chief credit officer for both First USA/Bank One and Citigroup. He started Bill Me Later after an investor suggested that online billing options be as simple as the “bill me later” tear-out form that comes inside magazines.

Revenues

It is the sixth-fastest-growing company in the country by revenue – on track to bring in more than $100 million this year – according to Inc. magazine’s September issue. No information publicly available whether the company is profitable.

The People

Gary Marino is the company’s chief executive officer and founder.  Gary has over 20 years of experience in the credit card industry with expertise in credit management, marketing, Internet strategy development, and general management.
Prior to joining Bill Me Later, Inc., Gary was Executive Vice President, Chief Credit Officer, and Chief Marketing Officer of the consumer lending division at First USA/Bank One. Gary also held numerous executive positions in his 13 year career with Citibank’s European and North American Card Division. These include Chief Credit Officer and member of the Bankcards Executive Planning council.

Other executive include

  • Steve Burleson – Chief Financial Officer
  • Craig Eckstrom – VP Sales and Account Management
  • Carolyn Groobey – Head of Consumer Strategy
  • Adam Joffe – Chief Information Officer
  • Tom Keithley – VP Credit and Integration
  • Mark Lavelle – VP Corporate Development & Strategic Planning
  • Bill Seligman – VP Credit Operations
  • Bill Shupert – VP Human Resources
  • Vince Talbert – VP Marketing
  • Marita Ventura – Chief Technology Officer
  • Chris Williams – VP Consumer Marketing

Investors & Tranches

The company, which is about 7 years old, has received $200 million in venture capital funding from investors such as Chase Paymentech and Azure Capital Partners, as well as a $640M credit line from Citigroup. The past month BillMeLater raised a whopping amount of $72 Million as well. The past week Amazon.com has just put yet another amount into the company as terms of the deal were not disclosed. Earlier last year the company secured $27.4 Million in Venture Funding.

Some of the investors as included below with short bios and company information.

ChasePaymentech is the payment solutions company of choice for online and offline transaction processing. A leader in the industry for more than sixteen years, ChasePaymentech processes one out of every two U.S. Internet transactions. ChasePaymentech is also a strategic investor in Bill Me Later, Inc.

Azure Capital Partners was founded in April 2000 with a focus on infrastructure technologies. Their philosophy of investing is to support and accelerate companies throughout their lifecycle of growth, ranging from early seed stage through maturity in the public markets.

GRP Partners is a global venture capital firm focused on retailing, retail technology and financial services technology. With $650 million under management, GRP finances early-stage and late-stage companies that develop solutions meeting pressing customer needs.

First Data Corporation processes payments for 312 million accounts around the world. As the leader in payment services, First Data serves approximately 3 million merchant locations and 1,400 financial institutions. First Data also provides consumer account processing services for Bill Me Later® and is a strategic investor in Bill Me Later, Inc.

Crosspoint Venture Partners invests in virtual service providers and broadband infrastructure. With over $1 billion under management, Crosspoint was recently named the #1 venture capitalist based on three – year returns.

CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in cash flow lending, vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its global headquarters in New York City, CIT has approximately 7,500 employees in locations throughout North America, Europe, Latin America, and Asia Pacific.

Citigroup Corporate and Investment Banking is the most complete financial partner to corporations, financial institutions, institutional investors and governments in the world. As a global leader in banking, capital markets, and transaction services, with a presence in many countries dating back more than 100 years, Citigroup Corporate and Investment Banking enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Citigroup (NYSE: C), the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex.

Equifax is today’s number one provider of real-time consumer information with the world’s largest repository of consumer credit information.

T. Rowe Price: Founded in 1937, Baltimore-based T. Rowe Price is a global investment management organization that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

Legg Mason, Inc.: Legg Mason, Inc. is a global asset management firm, with over $1 trillion in assets under management as of September 30, 2007. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland and its common stock is listed on the New York Stock Exchange (symbol: LM).

Via

[ http://www.bill-me-later.com/wss/help/aboutus.do ]
[ http://www.techcrunch.com/2007/12/11/amazon-invests-in-bill-me-later/ ]
[ http://biz.yahoo.com/bw/071211/20071211005292.html?.v=1 ]
[ http://www.corporate.billmelater.com/billmelater/Content.do?pageID=15 ]
[ http://corporate.billmelater.com/ ]
[ http://www.bill-me-later.com/wss/index.do ]
[ http://www.baltimoresun.com/business/bal-bz.billmelater04dec04,0,4892376.story?page=1&coll=bal-technology-headlines ]
[ http://www.fool.com/personal-finance/credit/2007/11/26/profit-from-holiday-credit.aspx ]
[ http://www.washingtonpost.com/wp-dyn/content/article/2007/11/27/AR2007112702246.html ]
[ http://corporate.billmelater.com/billmelater/FilesInline.do?file=Citi Financing (2).pdf ]
[ http://corporate.billmelater.com/billmelater/FilesInline.do?file=funding03_28_06.pdf ]
[ http://corporate.billmelater.com/billmelater/FilesInline.do?file=Bill Me Later Inc. Announcement.pdf ]

Hakia takes on major search engines backed up by a small army of international investors

In our planned series of publications about the Semantic Web and its Apps today Hakia is our 3rd featured company.

Hakia.com, just like Freebase and Powerset is also heavily relying on Semantic technologies to produce and deliver hopefully better and meaningful results to its users.

Hakia is building the Web’s new “meaning-based” (semantic) search engine with the sole purpose of improving search relevancy and interactivity, pushing the current boundaries of Web search. The benefits to the end user are search efficiency, richness of information, and time savings. The basic promise is to bring search results by meaning match – similar to the human brain’s cognitive skills – rather than by the mere occurrence (or popularity) of search terms. Hakia’s new technology is a radical departure from the conventional indexing approach, because indexing has severe limitations to handle full-scale semantic search.

Hakia’s capabilities will appeal to all Web searchers – especially those engaged in research on knowledge intensive subjects, such as medicine, law, finance, science, and literature. The mission of hakia is the commitment to search for better search.

Here are the technological differences of hakia in comparison to conventional search engines.

QDEX Infrastructure

  • hakia’s designers broke from decades-old indexing method and built a more advanced system called QDEX (stands for Query Detection and Extraction) to enable semantic analysis of Web pages, and “meaning-based” search. 
  • QDEX analyzes each Web page much more intensely, dissecting it to its knowledge bits, then storing them as gateways to all possible queries one can ask.
  • The information density in the QDEX system is significantly higher than that of a typical index table, which is a basic requirement for undertaking full semantic analysis.
  • The QDEX data resides on a distributed network of fast servers using a mosaic-like data storage structure.
  • QDEX has superior scalability properties because data segments are independent of each other.

SemanticRank Algorithm

  • SemanticRank algorithm of hakia is comprised of innovative solutions from the disciplines of Ontological Semantics, Fuzzy Logic, Computational Linguistics, and Mathematics. 
  • Designed for the expressed purpose of higher relevancy.
  • Sets the stage for search based on meaning of content rather than the mere presence or popularity of keywords.
  • Deploys a layer of on-the-fly analysis with superb scalability properties.
  • Takes into account the credibility of sources among equally meaningful results.
  • Evolves its capacity of understanding text from BETA operation onward.

In our tests we’ve asked Hakia three English-language based questions:

Why did the stock market crash? [ http://www.hakia.com/search.aspx?q=why+did+the+stock+market+crash%3F ]
Where do I get good bagels in Brooklyn? [ http://www.hakia.com/search.aspx?q=where+can+i+find+good+bagels+in+brooklyn ]
Who invented the Internet? [ http://www.hakia.com/search.aspx?q=who+invented+the+internet ]

It basically returned intelligent results for all. For example, Hakia understood that, when we asked “why,” I would be interested in results with the words “reason for”–and produced some relevant ones. 

Hakia  is one of the few promising Alternative Search Engines as being closely watched by Charles Knight at his blog AltSearchEngines.com, with a focus on natural language processing methods to try and deliver ‘meaningful’ search results. Hakia attempts to analyze the concept of a search query, in particular by doing sentence analysis. Most other major search engines, including Google, analyze keywords. The company believes that the future of search engines will go beyond keyword analysis – search engines will talk back to you and in effect become your search assistant. One point worth noting here is that, currently, Hakia still has some human post-editing going on – so it isn’t 100% computer powered at this point and is close to human-powered search engine or combination of the two.

They hope to provide better search results with complex queries than Google currently offers, but they have a long way to catch up, considering Google’s vast lead in the search market, sophisticated technology, and rich coffers. Hakia’s semantic search technology aims to understand the meaning of search queries to improve the relevancy of the search results.

Instead of relying on indexing the web or on the popularity of particular web pages, as many search engines do, hakia tries to match the meaning of the search terms to mimic the cognitive processes of the human brain.

“We’re mainly focusing on the relevancy problem in the whole search experience,” said Dr. Berkan in an interview Friday. “You enter a question and get better relevancy and better results.”

Dr. Berkan contends that search engines that use indexing and popularity algorithms are not as reliable with combinations of four or more words since there are not enough statistics available on which to base the most relevant results.

“What we are doing is an ultimate approach, doing meaning-based searches so we understand the query and the text, and make an association between them by semantic analysis,” he said.

Analyzing whole sentences instead of keywords would indefinitely increase the cost to the company to index and process the world’s information. The case is pretty much the same with Powerset where they are also doing deep contextual analysis on every sentence on every web page and is publicly known fact they have higher cost for indexing and analyzing than Google. Taking into consideration that Google is having more than 450,000 servers in several major data centers and hakia’s indexing and storage costs might be even higher the approach they are taking might cost their investors a fortune to keep the company alive.

It would be interesting enough to find out if hakia is also building their architecture upon the Hbase/Hadoop environment just like Powerset does. 

In the context of indexing and storing the world’s information it worth mentioning that there is yet another start-up search engine called Cuill that’s claiming to have invented a technology for cheaper and faster indexation than Google’s. Cuill claims that their indexing costs will be 1/10th of Google’s, based on new search architectures and relevance methods.

Speaking also for semantic textual analysis and presentation of meaningful results NosyJoe.com is a great example of both, yet it seems it is not going to index and store the world’s information and then apply the contextual analysis to, but rather than is focusing on what is quality and important for the people participating in their social search engine. 

A few months ago Hakia launched a new social feature called “Meet Others” It will give you the option, from a search results page, to jump to a page on the service where everyone who searches for the topic can communicate.

For some idealized types of searching, it could be great. For example, suppose you were searching for information on a medical condition. Meet Others could connect you with other people looking for info about the condition, making an ad-hoc support group. On the Meet Others page, you’re able to add comments, or connect directly with the people on the page via anonymous e-mail or by Skype or instant messaging.

On the other hand implementing social recommendations and relying on social elements like Hakia’s Meet the Others feature one needs to have huge traffic to turn that interesting social feature into an effective information discovery tool. For example Google with its more than 500 million unique searchers per month can easily beat such social attempts undergone by the smaller players if they only decide to employ, in one way or another, their users to find, determine the relevancy, share and recommend results others also search for. Such attempts by Google are already in place as one can read over here: Is Google trying to become a social search engine.

Reach

According to Quantcast, Hakia is basically not so popular site and is reaching less than 150,000 unique visitors per month. Compete is reporting much better numbers – slightly below 1 million uniques per month. Considering the fact the search engine is still in its beta stage these numbers are more than great. Analyzing further the traffic curve on both measuring sites above it appears that the traffic hakia gets is sort of campaign based, in other words generated due to advertising, promotion or PR activity and is not permanent organic traffic due to heavy usage of the site.

The People

Founded in 2004, hakia is a privately held company with headquarters in downtown Manhattan. hakia operates globally with teams in the United States, Turkey, England, Germany, and Poland.

The Founder of hakia is Dr. Berkan who is a nuclear scientist with a specialization in artificial intelligence and fuzzy logic. He is the author of several articles in this area, including the book Fuzzy Systems Design Principles published by IEEE in 1997. Before launching hakia, Dr. Berkan worked for the U.S. Government for a decade with emphasis on information handling, criticality safety and safeguards. He holds a Ph.D. in Nuclear Engineering from the University of Tennessee, and B.S. in Physics from Hacettepe University, Turkey. He has been developing the company’s semantic search technology with help from Professor Victor Raskin of PurdueUniversity, who specializes in computational linguistics and ontological semantics, and is the company’s chief scientific advisor.

Dr. Berkan resisted VC firms because he worried they would demand too much control and push development too fast to get the technology to the product phase so they could earn back their investment.

When he met Dr. Raskin, he discovered they had similar ideas about search and semantic analysis, and by 2004 they had laid out their plans.

They currently have 20 programmers working on building the system in New York, and another 20 to 30 contractors working remotely from different locations around the world, including Turkey, Armenia, Russia, Germany, and Poland.
The programmers are developing the search engine so it can better handle complex queries and maybe surpass some of its larger competitors.

Management

  • Dr. Riza C. Berkan, Chief Executive Officer
  • Melek Pulatkonak, Chief Operating Officer
  • Tim McGuinness, Vice President, Search
  • Stacy Schinder, Director of Business Intelligence
  • Dr. Christian F. Hempelmann, Chief Scientific Officer
  • John Grzymala, Chief Financial Officer

Board of Directors

  • Dr. Pentti Kouri, Chairman
  •  Dr. Riza C. Berkan, CEO
  • John Grzymala
  • Anuj Mathur, Alexandra Global Fund
  • Bill Bradley, former U.S. Senator
  • Murat Vargi, KVK
  • Ryszard Krauze, Prokom Investments

Advisory Board

  • Prof. Victor Raskin (Purdue University)
  • Prof. Yorick Wilks, (Sheffield University, UK)
  • Mark Hughes

Investors

Hakia is known to have raised $11 million in its first round of funding from a panoply of investors scattered across the globe who were attracted by the company’s semantic search technology.

The New York-based company said it decided to snub the usual players in the venture capital community lining Silicon Valley’s Sand Hill Road and opted for its international connections instead, including financial firms, angel investors, and a telecommunications company.

Poland

Among them were Poland’s Prokom Investments, an investment group active in the oil, real estate, IT, financial, and biotech sectors.

Turkey

Another investor, Turkey’s KVK, distributes mobile telecom services and products in Turkey. Also from Turkey, angel investor Murat Vargi pitched in some funding. He is one of the founding shareholders in Turkcell, a mobile operator and the only Turkish company listed on the New York Stock Exchange.

Malaysia

In Malaysia, hakia secured funding from angel investor Lu Pat Ng, who represented his family, which has substantial investments in companies worldwide.
From Finland, hakia turned to Dr. Pentti Kouri, an economist and VC who was a member of the Nokia board in the 1980s. He has taught at Stanford, Yale, New York University, and HelsinkiUniversity, and worked as an economist at the International Monetary Fund. He is currently based in New York.

United States

In the United States, hakia received funding from Alexandra Investment Management, an investment advisory firm that manages a global hedge fund. Also from the U.S., former Senator and New York Knicks basketball player Bill Bradley has joined the company’s board, along with Dr. Kouri, Mr. Vargi, Anuj Mathur of Alexandra Investment Management, and hakia CEO Riza Berkan.

Hakia was on of the first alternative search engine to make the home page of web 2.0 Innovations in the past year… http://web2innovations.com/hakia.com.php

Hakia.com is the 3rd Semantic App being featured by Web2Innovations in its series of planned publications [  ] where we will try to discover, highlight and feature the next generation of web-based semantic applications, engines, platforms, mash-ups, machines, products, services, mixtures, parsers, and approaches and far beyond.

The purpose of these publications is to discover and showcase today’s Semantic Web Apps and projects. We’re not going to rank them, because there is no way to rank these apps at this time – many are still in alpha and private beta.

Via

[ http://www.hakia.com/ ]
[ http://blog.hakia.com/ ]
[ http://www.hakia.com/about.html ]
[ http://www.readwriteweb.com/archives/hakia_takes_on_google_semantic_search.php ]
[ http://www.readwriteweb.com/archives/hakia_meaning-based_search.php ]
[ http://siteanalytics.compete.com/hakia.com/?metric=uv ]
[ http://www.internetoutsider.com/2007/07/the-big-problem.html ]
[ http://www.quantcast.com/search/hakia.com ]
[ http://www.redherring.com/Home/19789 ]
[ http://web2innovations.com/hakia.com.php ]
[ http://www.pandia.com/sew/507-hakia.html ]
[ http://www.searchenginejournal.com/hakias-semantic-search-the-answer-to-poor-keyword-based-relevancy/5246/ ]
[ http://arstechnica.com/articles/culture/hakia-semantic-search-set-to-music.ars ]
[ http://www.news.com/8301-10784_3-9800141-7.html ]
[ http://searchforbettersearch.com/ ]
[ https://web2innovations.com/money/2007/12/01/is-google-trying-to-become-a-social-search-engine/ ]
[ http://www.web2summit.com/cs/web2006/view/e_spkr/3008 ]
 

Exclusive: Imeem inks a deal with the world’s largest record company

In what is believed to be a big leap for the relatively small social networking site called Imeem they announced today a licensing agreement allowing its users to listen free to the music of Vivendi SA’s Universal Music Group.

Universal Music, the world’s largest record company, has opened a new chapter in the industry’s experiment with advertising-supported music by backing Imeem. Imeem now boasts deals with all four major record companies, including Sony BMG Music Entertainment, Warner Music Group and EMI Group, all of which have already inked deals with the social network.

It’s a sharp turnaround from earlier this year, when none of the majors were willing to sign on to imeem’s new ad-supported interactive service. In fact, Warner sued Imeem, arguing that by allowing its members to upload and share MP3s of Warner music, it was infringing on its copyrights.

After months of negotiations, the companies have concluded a deal in which Imeem will have full access to Universal’s catalogue, making it the first social networking site to reach licensing agreements with each of the four big record labels.

Imeem has received attention from music executives because it has quickly built an audience of 19 million monthly visitors, up from the 16 million they reported in May 2007.

Despite these claims and the deal itself, Imeem’s traffic seems to have fallen off since earlier this year, from a peak of 5 million visitors in April to 2.37 million in November according to Compete.com. Quantcast is showing even worse numbers – only 2.4 Million American visitors. The traffic curve there is permanently falling down over the past 6 months.

Imeem is an online community where artists, fans & friends can promote their content, share their tastes, and discover new blogs, photos, music and video. Here are some of the things you can do on imeem:

Discover
-Enjoy the latest videos, music, photos, or blogs posted on imeem.
-Stay up-to-date with your personal network of fans and friends with “What’s New” notifications.
-Get in-depth stats for all your content and track their popularity.

Interact
-Tag, comment, rate, and share any of your friends’ cool (or embarrassing) content.
-Create or join groups for your favorite band, event, topic, and more!
-Start discussions with other imeem users and make new friends.
 
Share
-Embed your media on other pages (such as your blog, Bebo, etc.).
-Recommend stuff to your friends or add it to your “Favorites” list.
-Easily add media to your Del.icio.us, WordPress, Blogger, or Typepad.

Imeem is hoping to make money from advertisers, a portion of which will be shared with its music partners. It has signed up Puma, Nike and Microsoft among others, though it does not disclose revenues.

As part of the deal, Universal is said to have received an upfront payment worth more than $20 million, as well as an equity stake in Imeem. Universal will also receive a small payment each time one of its songs is streamed on the site of Imeem. A person familiar with the discussions said that the pay out Universal is about to receive is an equivalent to a fraction of a cent in addition to receiving a share of advertising revenue associated with a given song, that is, ads running near where a song is accessed. Most licensing deals with services that combine free music with advertising tend to offer labels only a share of revenue.

Imeem isn’t the first ad-supported music service to gain the support of all four major labels. Universal, Sony BMG, Warner and EMI have also been making their music available to ad-supported music downloading service Ruckus. Ruckus had an early advantage over other services in securing the majors’ cooperation because it targeted colleges and universities, where illegal music downloading is a particularly serious problem and is basically not possible.

In a statement, Universal Chairman Doug Morris called Imeem “innovative,” and praised Imeem for “ensuring that our artists are fairly compensated for the use of their works.”

According to eMarketer, spending on advertising on social networks will rise from $900 million this year to more than $2.5 billion in 2011.

Imeem is based in San Francisco and takes its name from “meme” – a term coined to describe the ideas that communities, adopt, and express. Dalton Caldwell is the CEO of the company and the co-founded together with Jan Jannink. The company used to be in Palo Alto and is known to have launched in 2004. Known investors in the company are Morgenthaler (Series A founding) and Sequoia Capital, the venture capital fund that supported Google and YouTube.

Via

[ http://www.ft.com/cms/s/0/ff0a7e34-a6c3-11dc-b1f5-0000779fd2ac.html ]
[ http://online.wsj.com/article/SB119725218005518932.html?mod=googlenews_wsj ]
[ http://www.informationweek.com/news/showArticle.jhtml?articleID=204800459 ]
[ http://www.forbes.com/business/2007/12/10/imeem-universal-music-biz-media-cx_lh_1210bizimeem.html ]
[ http://www.news.com/8301-13577_3-9831163-36.html ]
[ http://www.emarketer.com/Article.aspx?id=1004896 ]
[ http://mashable.com/2007/12/10/imeem-universal/ ]
[ http://www.techcrunch.com/2007/12/09/imeem-pens-a-deal-with-universal-music-now-has-all-the-majors/ ]
[ http://www.quantcast.com/imeem.com ]
[ http://www.crunchbase.com/company/imeem ]
[ http://imeemblog.imeem.com/ ]
[ http://lifehacker.com/software/social-networking/not-just-another-social+networking-site-208719.php ]
[ http://www.demo.com/demonstrators/demo2005/54152.php ]
[ http://bits.blogs.nytimes.com/2007/10/29/imeem-pioneers-free-music-with-ads/ ]
[ http://www.morgenthaler.com/content/Ventures/Articles/Articles%20documents/imeem%20in%20venturewire.pdf ]
 

Rackspace jumps on the web acquisitions bandwagon – snatches Webmail.us

During the past 2 years the Web’s M&A market is very intensive. In what is known to be the RackSpace’s first web acquisition the company has acquired Webmail.us, a business web email service provider for an undisclosed sum.

At the time of the deal Webmail.us provided email hosting services to more than 80,000 small to medium size businesses totaling 600,000 users. Also recently Webmail.us made the Inc 500 list as the #217 fastest growing private company in America. Webmail.us already had a successful partnership with Rackspace – their entire email hosting infrastructure is hosted by Rackspace and Rackspace is their largest reseller. Webmail.us’s CEO Pat Matthews makes a note that “the market is really going to open up, leaders are going to emerge, and followers are going to fall behind.” He said that Webmail.us decided to sell to “make sure we’re positioned to be the leader in our space”.

Webmail.us is known to be using the Amazon S3, The Simple Queue Service and the Elastic Compute cloud to run its operations.

In the Webmail.us’s blog we read about the reason why they did this.

Why are we doing this?

We are committed to building the world’s most trusted provider of business email hosting. Rackspace very much believes in our mission and wants to help us make it a reality. They have done a phenomenal job of building one of the world’s greatest service companies and their experience and expertise will be invaluable as we grow our business.

We are natural business partners. In fact, we’ve been partners for more than three years. Rackspace already hosts our entire email hosting infrastructure and has become the largest reseller of our email hosting services.

Both companies see the world in the same way. Unlike other companies that sell technology-based solutions to businesses, we both believe that great service is what really matters. Since our inception, we’ve been committed to delivering great service to our customers and Rackspace only raises the bar. Experiencing Fanatical Support first-hand has proven to us that Rackspace is a different kind of company—one that is truly dedicated to its customers. We are eager to raise the bar as we bring Fanatical Support to our customers.

Our cultures are very similar, which has made integration easy—and exciting! Both companies are filled with amazing, passionate people that love what they do. And you can’t deliver great service unless you have great people that love what they do!
We believe in Rackspace. We share their vision for what email and IT hosting will look like in the future. We believe in their leadership team and their ability to execute. We love their people. We believe in Fanatical Support. And most importantly, we believe in our ability to achieve greatness—TOGETHER!

Nonetheless Webmail.us is a great example of a small company in the Web 2.0 age that is relying subscription based business model rather than on advertising even though having less user base when compared to the gigantic free email providers like Hotmail, Yahoo! Email and Gmail. That raises the interesting question what would it be if Google or Microsoft, for example, decide to jump on the same business model and turn just 1% of their free email users into recurring paying customers by adding and offering them some featured extras above the free accounts.

After the deal the company is going to stay in Blacksburg, Virginia. However, they  will now be able to leverage several locations for hiring — including Blacksburg, San Antonio, and the United Kingdom. The company was first incorporated in 1999, then raised about $140,000 in seed capital over the next three years, mostly from friends and family. But once it proved itself, it was time to look for more funds to expand the business. Alec Siegel, director of operations for MBA Management Group in Blacksburg, was one of the first angel investors. He invested $20,000 of his own money after meeting Matthews and the Webmail team. (MBA provides some staffing for Matthews’ company.)  David Sabotta, vice president of federal market development for G3 Systems in Blacksburg, also put up $20,000 of his own money. He discovered Webmail after reading Matthews’ blog, which includes Matthews’ commentary on the company and his vision for it. Then Sabotta got to meet the company. Webmail.us has then raised more than $400,000 in what represents its first round of financing – all from private investors.

Webmail.us used to be Excedent Technologies before they have changed the name in 2005.

Today Webmail.us stands at:

  • 100% focused on business email services
  • Headquartered in Blacksburg, VA
  • Employs over 60 employees
  • Hosts email for over 80,000 companies
  • Manages over 600,000 email accounts
  • Partners with a network of 325 resellers
  • On target to generate over $6M in sales in 2007
  • Over 100% year-over-year revenue growth, four years running
  • Voted best technology company to work in Southwest Virginia for the past two years
  • Voted #217 on the 2007 Inc. 500 list of fastest growing private companies in America

Based on everything we see above it appears that Webmail.us is not the usual Web 2.0 company, if at all.

About Rackspace

Rackspace Managed Hosting is a recognized leader in the global managed hosting market. They deliver enterprise-level managed services to businesses around the world. Serving more than 15,000 customers in eight data centers worldwide, Rackspace integrates the industry’s best technologies for each customer’s specific need and delivers it as a service via the company’s award-winning Fanatical Supportâ„¢.

They serve as an extension of their customers’ IT departments, enabling them to focus on their core business. They got started in 1998 and since then Rackspace has grown more than 50 percent a year. There are currently 1,800 Rackers around the world serving customers.

Via

[ http://www.readwriteweb.com/archives/webmailus_acquired_by_rackspace.php ]
[ http://www.webmail.us/blog/a/2007/10/we_are_merging_with_rackspace ]
[ http://www.webmail.us/about-us ]
[ http://www.tmcnet.com/usubmit/2005/feb/1119735.htm ]
[ http://www.businesswire.com/portal/site/home/index.jsp?epi_menuItemID…&newsId=20071127005923&newsLang=en ]
[ http://www.roanoke.com/business/wb/xp-21688 ]

Microsoft acquires discount shopping search Jellyfish

A couple of months ago Microsoft did an interesting move. They acquired Jellyfish.com – the Internet’s first buying [search] engine, as they call themselves.  Simply put: online discount shopping website that shares their fees earned from the merchants when you buy from them through cash back program.

Typical for how the major companies buy the price of the acquisition was not disclosed nor were more business details given. Under the terms of the deal, Jellyfish.com will maintain its standalone identity and its 26 employees will remain in Wisconsin.

Jellyfish.com had raised about $6 million in funding from investors that included company executives and Kegonsa Capital Partners, based in Fitchburg, Wisconsin and Clyde Street in October 2006.

Jellyfish.com was co-founded by Chief Executive Brian Wiegand and President Mark McGuire, who previously collaborated on NameProtect, a vertical search engine that provides trademark research. Venture-backed NameProtect was acquired by Corporation Services Company in April 2007.

What is Jellyfish.com anyway?

Jellyfish is a new kind of search engine. They call it the Internet’s first buying engine. Search engines are great for finding information, but they think you also need a search engine that is perfect for when you want to buy something online.

They try to make it simple for you to find the right product from a trusted merchant. But they also do something really different too: sharing their revenue with you. The guys there think of themselves as a Robin-Hood-like search engine that takes a percentage of the revenue you generate through your buying activity and redistributes it to you.
You use Jellyfish.com just like you would any other shopping search engine to find the right product at the best price. But when you actually buy something from a store in our engine, we share at least half of what we earn by connecting you to that store. All you need to do is sign up for an account to earn cash back. There are no fees or hidden charges.

This is the Jellyfish.com’s cash back promise: to share at least half of every $1 they earn when you shop and buy products using Jellyfish.com, as of course not all merchants within their data base are allowing them to share with shoppers, but this is clearly indicated.
At Jellyfish you will never get hidden fees, secret agendas, or annoying advertising. You will get an easy to use, transparent service that puts you in control.

Like eBay in Reverse

In reality, Jellyfish.com is one big marketplace of stores competing for your attention. But instead of annoying you with advertising, we allow stores to use their advertising dollars to lower your end price. If you like pretty pictures, you can see a picture of how this works here. And no we aren’t eBay, but we think our patent-pending marketplace is like eBay in reverse. Instead of bidding for deals, all you have to do is search to uncover the stores that have already bid the most to create the best deal for you.

How can they do this? Or better yet, why they are giving away $?

They just think that advertising stinks. Instead of wasting lots of money interrupting and annoying you, they have invented a new marketplace where stores make their advertising $’s work directly for your benefit and on your terms. Current advertising gives too much value to search engines at the expense of you and the stores that pay to advertise. Instead of the search engine keeping all of the advertising, we set up a system that rewards us, you, and the advertiser fairly when you find the right product to buy online.

What they really hope to do is show you the value of your attention online. And they couldn’t think of a better way than paying you cold hard cash. Technology has given you incredible control of what you pay attention to. You may not know it yet, but you are now in control. Companies in this new world will have to provide you with a maximum return on the value of your attention or they will die. And the value of your attention at Jellyfish is measured in extra dollars in your cash back account.

At Jellyfish, they want to pioneer a new form of search advertising that they call Value Per Action. Instead of charging fees when you click, they charge their advertisers only when you actually buy, and they share at least half of this fee back to you as cash back. In other words, they connect you directly to the value of the advertising. Instead of measuring how much money they make when you click, they measure how much value the advertiser is willing to pay YOU for your sale. With VPA, the advertising value of your attention becomes transparent (you can see it in the form of cash back) and changes from annoying advertising into something that actually lowers your end price.

Jellyfish.com’s platform is a sort of reverse auction where buyers bid on reducing prices, betting on when to place an order without knowing quantity at the given price.

This type of auction is a dutch auction, first used to sell Dutch tulips.

The Microsoft Live Search team said  they “think the technology has some interesting potential applications as we continue to invest heavily in shopping and commerce as a key component of Live Search.”

Another potential reason could be Google, again.

Google understands the game of pay per click is about to change and is moving. Microsoft pays attention to is and they’re locking up intellectual property in this move -one that combines multiple, successful and innovative digital shopping models.

Jellyfish takes a best of breed approach and “mashes them up” to the amusement of consumers: Ebates + Woot.com and on the advertiser-side, eBay’s Shopping.com + Google’s AdWords auction environment + Commission Junction’s (VCLK) performance-based cost model (cost-per-action) with a twist of Google (auctioning off ads).

It all ads up to valuable IP that Google, in theory, cannot access.

According to Jellyfish’s zeitgeist, pay per click advertising “fails to align incentives properly between the consumer, the advertiser, and the search engine intermediary connecting them.” It’s certainly an interesting take on sponsored links, but it will most likely be a complicated stance to maintain after being acquired by one of the larger players in the pay per click game.

Similar, and older, companies include Shopping (eBay), Bizrate.com, Epinions and Overstock.com.

Via

[ http://www.jellyfish.com/about ]
[ http://www.techcrunch.com/2007/10/02/microsoft-acquires-discount-shopping-site-jellyfishcom/ ]
[ http://www.jeffmolander.com/ ]
[ http://www.techcrunch.com/2006/10/27/cpa-shopping-search-jellyfishcom-closes-5-million-round/ ]
[ http://www.jellyfish.com/blog ]
[ http://www.jellyfish.com/howToUseJellyfish ]
[ http://www.jellyfish.com/blog/2007/10/02/microsoft-acquires-jellyfish/ ]
[ http://blog.wired.com/business/2007/10/microsoft-acqui.html ]
[ http://www.jellyfish.com/ourVision ]
[ http://www.marketingpilgrim.com/2007/10/microsoft-acquires-jellyfish-apparently-shuns-peanutbutterfish.html ]
[ http://blogs.msdn.com/livesearch/archive/2007/10/01/microsoft-acquires-jellyfish-com.aspx ]
[ http://www.redherring.com/Home/22913 ]
[ http://www.jellyfish.com/founders ]