What you need to know - 02/03/11

Ronny Kerr · February 3, 2011 · Short URL: https://vator.tv/n/16a1

Hearsay Social launches local social marketing; Egypt comes back online

Q&A site Answers.com, 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 Hulu.com 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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Hearsay Social


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The world’s largest brands, including State Farm, Farmers Group, and 24 Hour Fitness, use Hearsay Social’s award-winning technology platform to achieve regulatory compliance, build stronger customer relationships, and bolster their brand across all the major social networks, including Facebook, Twitter, LinkedIn, and Google+. Hearsay Social has raised $21M from Sequoia Capital, NEA, and top executives from Twitter, Facebook, LinkedIn, Google, and YouTube, and is headquartered in Silicon Valley with offices in New York and Ohio.




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Salesforce.com is the worldwide leader in on-demand customer relationship management (CRM) services. More companies trust their vital customer and sales data to salesforce.com than any other on-demand CRM company in the world.
Salesforce.com was founded in 1999 by former Oracle executive Marc Benioff, who pioneered the concept of delivering enterprise applications via a simple Web site. Salesforce.com is constantly building on that legacy by improving and expanding our award-winning suite of on-demand applications, our Force.com platform for extending Salesforce, and our one-of-a-kind AppExchange directory of on-demand applications.

Salesforce.com has received considerable recognition in the industry, including:
• Technology of the Year (InfoWorld, 2004, 2005, 2006)
• Editors' Choice Award (PC Magazine, 2002, 2003, 2004)
• Visionary Award (SDForum, 2004)
• Best of the Web (Forbes, 2003)
• CRM Excellence Award (Customer Inter@ction Solutions, 2003, 2004, 2005, 2006)
• Top 100 Innovators Award (BusinessWeek, 2006)
• Innovation Award (AMR Research, 2005)
• CODIE Award for Best CRM (2002, 2003, 2004, 2005, 2006)