Taking all of Apple's devices into account, including the iPhone, iPad, and iPod Touch, Apple has 16.2 percent of the market, versus Android's 10.2 percent.
CrowdOptic, a mobile app that that allows smartphone owners to tag, track, and get information on a moving object using only their phone, has raised $1 million in a Series A round led by co-founder and CEO Jon Fisher, with help from several angel investors and an institution that is also a customer.
Digital Signal Corporation (DSC), provider of three dimensional (3D) long-range facial recognition solutions, secured a $15 million Series C led by Columbia Capital.
Hoping to drive even more interest in advertising on the site, Facebook has launched Facebook Studio, an open space for anyone in the marketing community to share creative ideas with their colleagues and others.
Detroit, with the Valley-inspired moniker Silicon Garage, is on the verge of experiencing its own tech renaissance.
Zynga acquired the talent behind JamLegend, a two million user-strong music gaming community now shutting down.
eBooks company Kobo closed a $50 million round of funding by an undisclosed “leading institutional investor.” Existing investors also participated in the round.
Lijit Networks, Inc., a provider of custom site search, reader engagement tools, and advertising solutions for online publishers, closed $10 million in financing. This round of financing is led by new investor Highway 12 Ventures and includes existing investors Foundry Group, Boulder Ventures and Colorado Fund I, managed by High Country Venture.
Scanbuy, provider of mobile barcode solutions, raised an additional $5 million to complete its latest round of funding. Investors for the round include Motorola Solutions Venture Capital, Hudson Ventures and a number of existing private investors.
Today's featured entrepreneur is David Barrett, founder and CEO of Expensify.
Reporting first quarter financial results, Yahoo's net profit decreased 28 percent compared to a year ago to $223 million dollars and revenue declined 24 percent to $1.2 billion.
Advances in technology, like in vitro and microfluidics, have helped advance research
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Steven Loeb
Robots are taking over the heavy lifting work inside warehouses
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Anna Vod
The company also expanded access to 12 different provider types for male fertility care
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Steven Loeb
Startup/Business
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Lijit's search service enables readers to search blog publishers' posts, bookmarks, blogroll, and more from a widget placed on the publisher's property. Essentially, it becomes a single box to search any published material from a company or individual no matter where it is, be it on blogs, Flickr or other social networking sites.
Lijit's search statistics can be utilized by publishers to better understand what users search for on a particular site when they visit.
In January 2008 Lijit acquired Big Swerve, a blog comment indexing engine that has indexed over 400 million comments across 3 million authors.
Startup/Business
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Zynga is the largest social gaming company with 8.5 million daily users and 45 million monthly users. Zynga’s games are available on Facebook, MySpace, Bebo, Hi5, Friendster, Yahoo! and the iPhone, and include Texas Hold’Em Poker, Mafia Wars, YoVille, Vampires, Street Racing, Scramble and Word Twist. The company is funded by Kleiner Perkins Caufield & Byers, IVP, Union Square Ventures, Foundry Group, Avalon Ventures, Pilot Group, Reid Hoffman and Peter Thiel. Zynga is headquartered at the Chip Factory in San Francisco. For more information, please visit www.zynga.com.
Startup/Business
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Expensify does "expense reports that don't suck!" We do that by importing expenses and receipts straight from 94% of US credit cards and 82% of US smartphones (iPhone, BlackBerry, Android, and Palm Pre). Create, submit, and approve expense reports online via email. Export pre-categorized expenses to QuickBooks or FreshBooks, and reimburse online with direct deposit. Free for individuals and small businesses, $5/active-user/mo thereafter.
