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Zynga Names David Lee CFO, As Longtime Exec Mark Vranesh Departs The Firm
Today after the bell, Zynga announced that its CFO and CAO Mark Vranesh will depart the firm after six years, and that David Lee will assume both roles effective April 14. Vranesh will help out for a month to, in the words of Zynga, "ensure a seamless transition." Read More -
Criteo Buys AdQuantic, A Startup That Applies Quantum Physics To Search Marketing
We have discovered that Criteo, the French ad tech company that raised $250 million in an IPO on NASDAQ last October, has quietly made an acquisition. It's bought AdQuantic, another ad tech startup from France co-founded by two doctors of statistical physics, which has developed a bid management tool for search marketing based on game theory, quantum physics and related mathematical models. Read More -
Following Spotify, Deezer Goes Freemium On Mobile
Music streaming startup Deezer just revamped its free offering across the board in order to become more competitive with Spotify, Rdio and others. Mobile users will now be able to listen to smart radios for free. Like on the web, your music will be interrupted by audio ads every now and then. The company also dropped its listening cap of 10 hours per month on all platforms. Deezer presented a beta… Read More -
Sources: Blue Apron Raising $30M At $500M Valuation
Blue Apron is raising a $30 million round, according to sources familiar with the matter. Fortune reports that the latest round is on a $500 million valuation. It has not been revealed which investors are participating in the round. The latest funding would be a Series C, following up a $5 million Series B in August of last year, and a $3 million Series A in February. Bessemer Ventures led… Read More -
Freelancer Marketplace Ooomf Becomes Crew, Grabs $2.1 Million
Ooomf, the one-time app discovery startup which last year relaunched as a freelancer marketplace to connect mobile and web developers with projects that fit their skill set, is now changing its name to Crew, and announcing new funding. The company has raised an additional $2.1 million in a new round led by Fred Destin of Atlas Venture, investors in other marketplaces like Moo.com, Creative… Read More -
Genesis Media Raises $6M For Ads That Interrupt But (Hopefully) Don’t Annoy You
Ad company Genesis Media is announcing that it has raised $6 million in Series B funding. When I discussed the funding with CEO Mark Yackanich, he described the company as "a data-driven decisioning platform that intercepts users with media" — which even he admitted was a bit of a mouthful. Put more simply, online publishers use the company's ContentUnlock product to show ads (usually video… Read More -
Snupps Wants You To Organise And Share Your Real-Life Stuff On Its Virtual Shelves
London-based startup Snupps wants to appeal to the amateur collector in all of us. Whether your secret passion is hoarding fine wines or Pokemon figurines, it's built the virtual shelf space where you can catalogue your collection by uploading photos and details of your stuff. Read More -
Social Music App-Maker Smule Raises Another $16.6M
Smule, maker of popular social music apps including Sing! Karaoke and Magic Piano, is announcing that it has raised $16.6 million in new funding. Founded in 2008, Smule says it continues to grow at a healthy clip, with sales doubling in the first quarter of 2014 (compared to Q1 2013), and the company currently at a $30 million run rate for the year. (Of that total, 80 percent comes form… Read More -
Indian Software Product Startups Pitch Ideas To Fortune 500 CIOs
After years of working with India’s over $100 billion IT services industry for maintaining their software systems, application development and back office work, CIOs of Fortune 500 companies are now looking to tap into the country’s software product ecosystem. And this time, it’s not just about setting up a corporate accelerator like Target did and Coca Cola is… Read More -
Meet The Coolest Investors In LA At Our TechCrunch Meetup Tomorrow Night
TechCrunch has officially descended on Los Angeles for the TC Meetup + Pitch-Off going down tomorrow night at Exchange LA. With smog in our lungs and the beach in our hair, we're absolutely stoked to be hitting LA for the first time, and we hope that the cool kids of Southern California are just as excited. Read More
Thursday, April 10, 2014
Tech Crunch- Start Ups, More
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