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What you need to know - 08/04/11

Google, Microsoft and Apple are having a little war; Randi Zuckerberg leaves her brother's company

Technology trends and news by Ronny Kerr
August 4, 2011 | Comments
Short URL: http://vator.tv/n/1d7a

Digital analytics company comScore agreed to acquire AdXpose, a provider of digital advertising analytics solutions, for $22 million in stock. The transaction is expected to close in about two weeks.

Randi Zuckerberg, director of marketing at Facebook and sister to CEO and co-founder Mark Zuckerberg, is leaving Facebook to start her own company.

 

Social CRM company Get Satisfaction raised a $10 million Series B round of funding led by Bruce Cleveland, general partner at InterWest.

Google called foul against Microsoft and Apple in a blog post on Wednesday, accusing the two companies of colluding to get ahead by stifling the competition.  How are they doing this?

Augme Technologies, provider of mobile marketing solutions, signed a definitive agreement to purchase Hipcricket, a mobile marketing and advertising firm, for $44.5 million ($6 million in cash and $38.5 million in Augme common stock).

 

Social game developer KIXEYE raised $18 million in Series C funding led by Jafco Ventures with previous investors participating.

Local.com, an online local media company, secured a $12 million revolving credit facility from Square 1 Bank.

 

Social advertising platform LocalResponse acquired Philo Media Corporation, a business focused on making television more interactive.

 

McAfee and other security experts in the U.S. uncovered a massive five-year cyber-spying attack that hijacked data from major government organizations, including the United Nations, and large corporations in what McAfee is calling “nothing short of a historically unprecedented transfer of wealth."

Building on a $300K round we uncovered last week, online rental marketplace Rentycle has completed its $1.4 million round of funding led by Collaborative Fund.

 

Sibblingz PictureDistributor of social games Sibblingz raised $1 million from incubator YouWeb.

 

 

TakeLessons, a local music lessons marketplace, announced Wednesday that it has raised $6 million in funding led by Crosslink Capital, with participation from SoftTechVC and other angel investors.

 

TekTrak, a mobile security startup that helps people track their lost phones and protect their personal data, is now available for Android phones.


Related companies, investors and entrepreneurs

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TekTrak
Startup/Business
Description: TekTrak is the team behind innovative mobile security software that protects your phone and the valuable data stored within. By harnessi...

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