What you need to know - 02/24/11

Ronny Kerr · February 24, 2011 · Short URL: https://vator.tv/n/176b

Q&A site ChaCha suing HTC over new ChaCha phone; SEC investigating secondary markets

Airbnb, a service that lets anyone charge couchsurfers to stay with them, has booked one million nights since its launch.

 

Box.net, a cloud service for online file sharing, content management and collaboration, raised $48 million in a Series D round led by Meritech Capital Partners, with participation from new investors Andreessen Horowitz and Emergence Capital Partners along with previous investors Draper Fisher Jurvetson, Scale Venture Partners and US Venture Partners.

Q&A site ChaCha, which owns the "ChaCha" trademark in the United States, is suing smartphone manufacturer HTC for its new Facebook-integrated phone called the HTC ChaCha.

Over the weekend, Foursquare hosted its very first hackathon at General Assembly, an “urban campus for entrepreneurs” in New York; the winning hack was The Dealio, which lets users leave messages for each other at venues.

Payment technology platform Fuze Network raised $1.2 million in seed funding led by Metamorphic Ventures, Kickstart Seed Fund, and several angel investors.

 

 

Mobile gaming startup Grey Area closed €1.9 million ($2.5 million) in Series A from Index Ventures, London Venture Partners and Initial Capital.

 

Hipmunk, a startup with a new innovative way to search for flights, launched its very first mobile application, for iPhone and other iOS devices.

 

A new study in the Journal of the American Medical Association (JAMA) looks at the effects of cell phone radiofrequency signals on brain activity. The study finds that brain activity increases in the area that is closest to the antenna.

Media Chaperone, developer of a Facebook app (Piggyback) that lets parents monitor their children's social gaming activity, raised $1 million.

The Securities and Exchanges Commission opened an investigation to see whether there are conflicts of interest in the unregulated secondary market, which has shot into prominence over the last year for originating what seem wildly high valuations for private companies like Facebook and Twitter. 

Syncapse, a social media management platform for the enterprise, closed a $25 million Series C funding round with ABS Capital.

 

Disney acquired Togetherville, a social network for kids and their grownups. Terms of the deal were not disclosed.

 

Transphorm raised a $20 million Series C round led by Google Ventures, with help from existing investors Kleiner Perkins, Foundation Capital, and Lux Capital.

Today's featured entrepreneur is Lydia Sugarman, CEO and founder of PrivateLabel Interactive, Venntive, and Caduces.

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Related Companies, Investors, and Entrepreneurs

ChaCha

Startup/Business

Joined Vator on

ChaCha answers who, what, when, where and why, and has emerged as the No. 1 way for advertisers and marketers to engage their audience. Through its unique “ask-a-smart-friend” platform, ChaCha has answered nearly one billion questions since launch from more than 15 million unique users per month via SMS text (242-242™), online (chacha.com), Twitter (@chacha), Facebook app, iPhone app, Android app, and voice (1-800-2-ChaCha™). Working with major brands such as Paramount, AT&T, Palm, Johnson&Johnson, P&G, Coca-Cola, McDonald’s, Sonic, and presidential political campaigns, ChaCha.com is one of the fastest growing mobile and online publishers according to Nielsen and Quantcast.


ChaCha was co-founded by proven innovator and entrepreneur Scott Jones and is funded by VantagePoint Venture Partners, Rho Ventures, Bezos Expeditions; Morton Meyerson, former President and Vice Chairman of EDS as well as Chairman and CEO of Perot Systems; Rod Canion, founding CEO of Compaq Computer; the Simon family; and Jack Gill, Silicon Valley venture capitalist.

Airbnb

Startup/Business

Joined Vator on

Airbnb.com is the “Ebay of space.” The online marketplace allows anyone from private residents to commercial properties to rent out their extra space. The reputation-based site allows for user reviews, verification, and online transactions, for which Airbnb takes a commission. As of June, 2009, the San Francisco-based company has listings in over 1062 cities in 76 countries.

Caduces

Startup/Business

Joined Vator on

It's your health.  Take control.

Caduces is a comprehensive online platform to manage and organize all the data surrounding families' health and wellness, creating a family health history asset, and facilitating data exchange with the professional health community.

Caduces's consumer-focused platform makes it rewarding for people to gather, manage, and share family members' health data.

Caduces is designed to let users control all of their health information and store it in a safe and secure “Virtual Safety Deposit Box.”  Simply stated, the consumer will be able to maintain their entire family’s health, wellness, and fitness information in one place.  Then, they can share this data on their own terms.

It is the nexus for people to gather family data, track individual health trends and conditions, and build comprehensive, extended family health genealogies that will benefit family members throughout their lives and ideally, future generations.  

Think about the potential for discovering treatments for rare genetic disorders and diseases.


Caduces solves the problems of confused and busy healthcare consumers by giving them a tool to manage personal and family health information. Caduces uses a modular, "apps"-based approach for a custom-fit environment. Everyone knows they need to take a more proactive approach to managing all their health data, but it’s one of those things that gets put on the back burner.  Caduces wantS to change that by employing game mechanics and reward systems to make this easier for everyone by using a fun game-based interface, encouraging participation and establishing good habits.

 

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Lydia Sugarman

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