What you need to know - Thursday 9/16/10

TuneUp Media raised $4.3M; Bloomspot raised $9M; Kapost raised $1M; AK Networks raised $8M

Technology trends and news by Katie Gatto
September 16, 2010
Short URL: http://vator.tv/n/11e2

OpenTable bought UK-based company toptable.com for about $55 million. OpenTable is a provider of free online reservations and guest management systems for restaurants.

Apple is working on a newspaper-based subscription plan. There is no word yet if this will be a stand-alone app or an added feature into iBooks.


TuneUp Media rasied $4.3M in a Series C funding. The round was led by IDG Ventures. TuneUp focuses on helping users fillin thier iTunes meta data.

Skyhook Wireless Inc. is suing Google. The company, provides software and a database for determining location using nearby Wi-Fi signals, is claiming copyright infringement. The amount of damages sought has not been disclosed at this time.

Android based phones gained a 5% market share between April to July 2010, according to a comScore report. The company with the smallest losses was Apple.

BranchOut, a job searching app for Facebook, raised $6 million in A Series funding. The round was lead by Accel Partners.


TwitChange is auctioning off celebrities for charity. The auction began on the 15th and will run to the 25th. Winning gets you a celebrity Twitter follower, a re-tweet of one of your posts and a celebrity tweet to you.

Myspace now hosts American Idol auditions. Participants upload an A Capella video, no longer than 40 seconds, to the site They are then judged with the rest of the applicants.

Dynamics wins the People’s Choice Award at DEMO and reveives $1 million. Their product is a computerized smartcard based credit card.

Apple to bring wireless printing to  iPad, iPhone & iPod users. The feature will come as a free iOS 4.2 software update in November.

Motorola bought Aloqa for an undisclosed amount. Aloqa makes develops location-based software and Motorola has already stated that they will use the technology acquired to upgrade a feature called MOTOBLUR.

Bloomspot, a flash sale site raised $9 million in Series A funding. The round was lead by Menlo Ventures.

Kapost raised $1.1 million in A Series capital. The round was lead by High Country Venture and Highway 12 Venture. Kapost is a crowd source newsroom platform.

AK Networks raised $8 million in funding. The round was lead by Jon Callaghan (of  True Ventures’) and Dixon Doll (of DCM). This was the Series A round of funding. 

Halo Reach made $200 million in sales in its first 24 hours. The game sales, which count only U.S. and Europe, had made this title the most popular of the year, so far.

Related companies, investors and entrepreneurs

Description: Aloqa has solved two problems for mobile users: it takes away the need to type search terms into browsers or other mobile applicat...

Related news


I'm still bullish on Apple's iPhone

Technology trends and news by Bambi Francisco Roizen


Beware of becoming addicted to Twitter

Technology trends and news by Bambi Francisco Roizen