What you need to know - 07/28/11

Watch an interview with Kosmix creator Venky Harinarayan; Zynga's taking CityVille to China

Technology trends and news by Ronny Kerr
July 28, 2011
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To make its video streaming selection less sucktastic, Amazon has just sealed a deal with NBCUniversal to bring a bevy of new movies to the Amazon Prime Instant Video arsenal.

Azumio, creator of biofeedback smartphone apps for Android and iOS, raised $2.5 million in Series A funding from Founders Fund, Accel Partners and Felicis Ventures.





Cohuman, creator of a task management and team collaboration system and former Vator Splash finalist, has been acquired. The buyer has not yet been identified and terms of the deal have not yet been disclosed.

Crowdtap, the network for brand influencer communities, secured $7 million in Series A funding led by Foundry Group, with participation from GSA Venture Partners and Mr Youth.

Facebook is “in talks” to let developers sell virtual goods through its platform on mobile devices. Specifically, Facebook aims to give developers this ability via mobile Web browsers, like Safari on the iPhone, not through apps.

Hearsay Corporation, creator of the enterprise social marketing tool Hearsay Social, closed an $18 million Series B round of funding led by NEA, with help from existing investor Sequoia Capital.

Education software company Kno found that a full quarter of college students surveyed said that they would give up sex if it meant never having to carry around another textbook again.




In this interview, Venky Harinarayan talks about Walmart's social strategy through @Walmart Labs, and why Walmart purchased his company Kosmix. In other words, he answers the question: What was the core technology Walmart was after.

Daily deals and online shopping site raised $40 million in Series B funding from Bessemer Venture Partners, with participation from existing investors Nexus Venture Partners and IndoUS Venture Partners.

Totango, provider of a real-time customer usage analysis platform for SaaS applications, secured $3.8 million in Series A financing led by Pitango Venture Capital which joined existing investor Gemini.

Military daily deals site raised $925K in funding from prominent angel investors.


Visual Revenue, provider of predictive analytics for online media, secured $512K in funding led by Lerer Ventures, SV Angel, Kima Ventures and NYC Seed and joined by 10 individual angel investors.

Zynga is bringing CityVille, the most popular application on Facebook, to China.

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Hearsay Social
Description: The world’s largest brands, including State Farm, Farmers Group, and 24 Hour Fitness, use Hearsay Social’s award-winning tec...
Description: Cohuman is the simplest most powerful way to keep your team in sync. Easily delegate, prioritize and track tasks with all your teams. It ...
Description: Zynga is the largest social gaming company with 8.5 million daily users and 45 million monthly users.  Zynga’s games are avail...

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