What you need to know - 02/03/11

Hearsay Social launches local social marketing; Egypt comes back online

Technology trends and news by Ronny Kerr
February 3, 2011
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Q&A site, has agreed to be acquired by AFCV Holdings, LLC for a total cash consideration of approximately $127 million.

Personal finance startup BillGuard raised $3 million in angel funding from Bessemer Venture Partners, Chris Dixon, Ron Conway, IA Ventures, Howard Lindzon and Yaron Galai.


Early Wednesday morning, nearly a week after Egypt disappeared from the Internet, online traffic from the country appeared to be returning to normal levels.



Poynt Corporation, a provider of mobile local search services, acquired local advertising publishing platform assets from go2 Media, Inc. (the "Transaction") for $450,000.




Hearsay Social launched Thursday to help “corporate/local” companies harness the power of local social marketing.


Hulu and Viacom Inc. entered a new content partnership that will return "The Daily Show with Jon Stewart" and "The Colbert Report" to and bring many popular TV shows from Viacom's media networks, including Comedy Central, MTV, BET, VH1, Spike TV, and TV Land to the Hulu Plus subscription service.

InternMatch, helping students find internships, raised $400,000 in angel funding from Dave McClure, Mitch Kapor, Kenny Van Zant, and Raj Agarwal.

Manymoon, a social productivity suite for businesses, has been acquired by Salesforce. Terms of the deal were not disclosed.

Health startup Massive Health raised a $2.25 million seed round.

Social music startup Rdio, created by the founders of Skype, raised $17.5 million in funding from Mangrove Capital Partners, along with previous investors Skype, Atomico Ventures and Janus Fris.


Y-Combinator-backed ReadyForZero launched to provide a wholly personalized strategy for getting people out of credit card debt

SolidFire, a stealth cloud computing storage platform, closed $11 million in Series A funding led by New Enterprise Associates (NEA) with current investors Valhalla Partners and Novak Biddle Venture Partners participating

Content recommendation engine Outbrain acquired Surphace, formerly known as Sphere, from AOL. The terms of the deal were not disclosed.

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Description: is the worldwide leader in on-demand customer relationship management (CRM) services. More companies trust their vital cus...
Hearsay Social
Description: The world’s largest brands, including State Farm, Farmers Group, and 24 Hour Fitness, use Hearsay Social’s award-winning tec...

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