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'The Daily' Is About To Hit A Million Downloads
May 25, 3:14PM
At the "Disrupting Publishing from Tablets to Links" panel at TechCrunch Disrupt, 'The Daily' Publisher Greg Clayman revealed an interesting milestone about Rupert Murdoch's foray into tablet publishing. When asked by editor Erick Schonfeld whether or not the iPad app was doing well, Clayman revealed that it has been downloaded close to a million times, in the sixty days since its launch on February 2nd. "This puts us in the large pantheon of large news apps ... We are consistently now in the top grossing apps, in the top ten or top twelve. Today we're number three" Clayman said.
Since 2009 Kickstarter Funneled $60 Million To 24,000 Crowd-Funded Projects
May 25, 3:12PM
Kickstarter started as a way for bands to fund projects without asking for money from Grandma. Now it's the go-to site for thousands self-funded projects and the company recently surpassed the facilitating of $60 million in funding of random music albums, films, and gadgets created by ordinary people. At TechCrunch Disrupt NYC John Biggs sat down with Kickstarter's Yancey Stickler along with several successful Kickstarter gadget makers: Dan Provost from Glif and Cosmonaut, Rafael Atijas of the Loog, and Sean Bonner from Safecast. It was through the magic of Kickstarter that all these gadgets were funded and later created. It's rather scary to think of a world without the Glif, right?
With 3.5 Billion Page Views A Month, CloudFlare's Speed And Security Hit Your Apps
May 25, 3:08PM
Speed and security are essential for the success of any website, so a free service that supercharges your site and pr Speed and security are essential for the success of any website, so a free service that supercharges your site and protects it from those many web-born threats? Priceless. This is why CloudFlare was a runner-up at Disrupt SF last year, because it is attempting to bring speedy load times to the average site owner. Though CloudFlare may not be the sexiest business in the world, it's a service confronting a real problem, and for that very reason, nearly 12 percent of the Internet's users (approximately 50 million unique monthly visitors) passed through CloudFlare's network since its launch in September, according to CloudFlare CEO Matthew Prince. CloudFlare, he continued, has been providing a 40 percent performance boost on average, and has stopped nearly 1 billion attacks launched against its users' websites. Though the CEO did not specify what kind of attacks these are, the statistics (including 3.5 billion page views per month) are impressive nonetheless.
Airbnb About To Launch Sublets As Service Is Exploding With Activity
May 25, 2:29PM
Today at our TechCrunch Disrupt conference in New York, Airbnb co-founder Brian Chesky had some news to share on stage when talking to our own Erick Schonfeld. Apparently, Airbnb will be launching a new option, sublets, in the next few days. Chesky didn't dive into many details, but people will now be able to lease out their apartments for longer periods of time on the site (around 30 days). Airbnb has risen to prominence by allowing users to rent out their homes/apartments for short periods of time. Now they're apparently expanding on that model, leveraging the popular site they've created.
Uber CEO: I Think I've Got 20,000 Years Of Jail Time In Front Of Me
May 25, 2:11PM
Today at our TechCrunch Disrupt conference in New York, Uber CEO Travis Kalanick and Airbnb CEO Brian Chesky took the stage with our own Erick Schonfeld to talk about the disruption they're offering up in their markets. Notably, both have products that are so disruptive that they have legal challenges from not just other companies, but governments (on the city and state level). "I think I've got 20,000 years of jail time in front of me," Kalanick half-joked when Schonfeld asked him about Uber's highly publicized legal challenges (which actually made them change their name from UberCab). Kalanick came to that number because the city of San Francisco is threatening Uber with 90 days of jail time for every ride they offer. Oh, and there's a several thousand dollar fine for each ride as well.
Millennial Media Acquires Mobile Data Startup Condaptive
May 25, 1:46PM
Mobile ad network Millennial Media is making a purchase today— mobile data startup Condaptive. Condaptive's technology focuses on audience formation and development through the innovative analysis of location and data. Financial terms of the deal were not disclosed. Condaptive takes a deep data dive on location-based, mobile data. It's focus is not just on where their customers are, but also on who they are and what they need. The startup's platform allows developers to build build location and context aware applications.
BuyWithMe Buys San Francisco Daily Deal Site Groop Swoop
May 25, 1:42PM
On the heels of its recent acquisition of DealADayOnline in Chicago, BuyWithMe today announced that it has acquired Groop Swoop, a social commerce company focused on San Francisco. BuyWithMe rivals Groupon and LivingSocial in the United States, and currently offers daily deals in 13 cities nationwide. 
Google Commerce Chief: We're Making A Huge Bet On NFC As A Company
May 25, 1:35PM
Today, at TechCrunch Disrupt, editor Erick Schonfeld took the stage to interview Alex Rampell, TrialPay; Stephanie Tilenius, VP of Google Commerce and Payments, and Lewis Gersh, Metamorphic Partners; addressing online to offline mobile commerce. The panel was particularly interesting considering Google's reported announcement regarding its near field communications and mobile payments service announcement this Thursday. 
The Top 10 VC Firms, According To InvestorRank
May 25, 1:34PM
Any seasoned investor knows that past performance is not indicative of future returns. That is as true with public stocks as it is with venture capital firms. But if someone were to ask you to rank the top VC firms today based on their probability of success, how would you do it? Remember, looking at past returns won't help you. Chris Farmer, a VC at General Catalyst Partners, has come up with a method which he calls InvestorRank. Just as Google's PageRank orders search results based on how many links each page gets from other sites, InvestorRank looks at the connections between VC firms. Whenever two VC firms co-invest in the same deal, that creates a bond between them. If one VC firm follows another one in a later round, that boosts the rank of the earlier investor.
TechCrunch Disrupt, Day 3, Livestreaming For You Right Here, Right Now
May 25, 1:24PM
Hey, we'd love to hit 3 billion views today, too. It's the third day of TechCrunch Disrupt, and it just keeps getting better and better. Tune into the event live after the proverbial jump - you can check the agenda for the day right here. You can also follow along by tracking the #TCDisrupt hashtag on Twitter.
YouTube Turns 6 Years Old, Daily Views Shoot Up To 3 Billion (Yes, 3 Billion. Daily.)
May 25, 1:00PM
YouTube is celebrating its sixth birthday this month, and the Google subsidiary is doing it partly by sharing some big numbers that underscore its overwhelming dominance in the online video streaming space. YouTube says global daily views have gone up 50 percent in the past 12 months, which means they currently handle a whopping 3 billion views per day. Also worth noting: YouTube says it has exceeded over 48 hours of video uploaded to the site (which represents a 100 percent increase year over year).
GigaOm Raises Another $6 Million At $40 Million+ Valuation
May 25, 12:00PM
Tech blog and research startup Giga Omni Media (GigaOm) has raised another $6 million in venture capital, on top of the $8.33 million previously raised. New investor Reed Elsevier Ventures led the round, with participation from previous investors True Ventures and Alloy Ventures. The rumored valuation of the company, we've heard from sources, was over $40 million. They aren't commenting on valuation.
TinyCo Launches $5 Million Fund To Invest In Casual Mobile Game Developers
May 25, 11:58AM
Andreessen Horowitz-backed mobile gaming company TinyCo is launching a new $5 million investment fund, called the TinyFund, to help support mobile game developers. TinyCo, which just raised $18 million in new funding, has created a number of popular, casual iOS games including hits Tiny Chef, Tiny Zoo and Tap Resort, which have all appeared on the Top 10 free games charts in the App Store. In total, TinyCo's games have over 20 million downloads. 
Social Advertising Startup BuzzLogic Tries A New Business Model, Raises $7.8 Million
May 25, 11:54AM
BuzzLogic says it is no longer an online monitoring company, and that it has pivoted to an "online media company that improves brand metrics and ROI through its media index and analytics platform". I'm not quite sure what that means, but investors seem to believe in it. BuzzLogic this morning announced that it has secured $7.8 million in a Series C round of funding led by Bridgescale Partners and joined by Adams Capital Management, investment banker Bob Colman, Bridge Bank and others.
Soluto Now Helps You Lighten Your Web Browser And Heal All Application Crashes
May 25, 11:47AM
You may remember TechCrunch Disrupt winner Soluto, which helps bring an end to PC user frustration from printing problems, annoying add-ons, apps that crash, resource hogs, and those frustrating applications that randomly cause your mouse to become useless for a few seconds at a time. As we've written in the past, the advantage to using Soluto (which is focused purely for the PC) is that the SaaS records which applications were running at the time of the hiccup, and analyzes low-level events to track things users aren't even aware of, like which applications are competing for memory. Today, the company is launching an iteration of its software, which includes a browser product and application crashing product, that makes its even more powerful.
Young Entrepreneurs Rule – Meet Peter Thiel's First "20 Under 20″ Thiel Fellows
May 25, 10:26AM
Well-known tech executive turned high-profile investor Peter Thiel, former PayPal CEO and an early backer of Facebook, this morning announced the appointment of the first 24 Thiel Fellows. These are remarkable young entrepreneurs and creative minds that, as inaugural members of the 20 Under 20 Thiel Fellowship, will pursue "innovative scientific and technical projects, learn entrepreneurship, and begin to build the technology companies of tomorrow". 
Gootip: You Know What's Hipper Than Hipster? Actually Launching
May 25, 10:03AM
You know what's hipper than Hipster? Actually launching. OK, that's not quite what the three-person team behind new local Q&A site Gootip said but it's true that this tiny French startup launched this week has got their product out in the wild in full before their US-based rival. Ignoring the host of other location-based Q&A offerings, Gootip is also keen to point out that it isn't a Hipster clone and that the company started work on their product before the Hipster buzz. Unlike Hipster, Gootip hasn't taken funding either.
Tumblr Revamps 'Directory' To Better Surface Great Content (Video)
May 25, 9:43AM
Exclusive - In a conversation with TechCrunch writer Jason Kincaid after his panel on scaling fast-growing Internet businesses, Tumblr CEO David Karp talks not only about his lazy dog but also some new product developments that should be going live right about now. In short, Tumblr has given Directory, where people looking for great content on the network have had the chance to find their fix for years now, a decent upgrade.
Brightpearl Scores Further $5M For Its Cloud-based Solution For SMEs
May 25, 9:34AM
Brightpearl, which provides a cloud-based integrated suite of applications for SMEs, has secured $5 million in Series A funding from Notion Capital and Eden Ventures. Both VC firms have previously backed the Bristol, UK-based startup to the tune of $1.5m. Founded in 2007 by Chris Tanner, Brightpearl's pitch to SMEs is that its SaaS helps take away the pain of implementing information systems and lets business owners get on with actually running their business. The new investment will be used by the company to expand faster in the U.S. and other markets and further its cloud offering that includes accounting, CRM, order and stock management, ecommerce and helpdesk capability.
Ex-MySQL, Nokia Execs Close $60 M Fund For Europe-Focused VC Firm Open Ocean
May 25, 8:18AM
Exclusive - Open Ocean, a recently established venture capital firm co-founded by the investors who closed the $1 billion sale of MySQL to Sun Microsystems, has just finalized its Fund Three with approximately $60 million (40 million euros) in capital in the first closing, TechCrunch has learned. The fund kicks off the first widespread outreach from the former MySQL and Nokia team members to founders and startups primarily based in Europe; the focus of the new fund will be squarely on community and open source software ventures.
Ron Conway: 'New York Tech Is Here To Stay'
May 25, 7:47AM
Today, at Disrupt NYC, CEO & Co-founder of Hunch Chris Dixon, Ron Conway of SV Angel, CEO of Betaworks John Borthwick, Managing Partner of High Line Ventures Shana Fisher , and former CEO of The Huffington Post Eric Hippeau took to the stage to discuss the current entrepreneurial landscape in New York and how it's changed in recent years. 
Introducing Your TechCrunch Disrupt Battlefield Finalists
May 25, 3:04AM
Thirty new startups have battled it out in front of a live audience and judges over two days at TechCrunch Disrupt: New York. Tomorrow at 3:30 EST six of those startups will show their stuff again in front of a new set of judges. One of them will take home the Disrupt Cup and $50,000 in cash. These are the finalists, in alphabetical order, based on judges' scoring:
Amazon Fires Back With $164 Kindle 3G With Offers
May 25, 1:05AM
Amazon is now offering the Kindle 3G, originally $190, for $164 with "offers." This new version integrates 3G wireless alongside Wi-Fi, something the new Nook pointedly does not have. This new version will also include offers aka advertisements, allowing you to see a bit of flimflammery with your regularly scheduled ebook. The Kindle Wi-Fi with offers costs $114, twenty dollars less than the Wi-Fi Nook. Both are available now. 
CodeGuard Is A Simple Time Machine For Your Website
May 24, 10:42PM
Today at TechCrunch Disrupt in New York, the winner of the audience award was CodeGuard. The idea can be summed up simply: "We are a time machine for your website," notes their founders. Essentially, they allow you to automatically and simply backup your FTP data so that if you need to revert your website to some earlier version. CodeGuard does this by taking a snapshot of your FTP data over and over again. Then if you need to go back, you easily can. 
Tracks Is Sort Of Like Color For Normal People
May 24, 10:16PM
Of all the things written about the heavily funded Color, there is no denying that it's confusing to a lot of people, at least at first. Updates have helped this a bit, but the app relies so much on technology in the background, that it almost seems as if you're doing something wrong when you're using it. Tracks, a new app launching today at TechCrunch Disrupt in New York, offers similar photo clusters done on the fly. But it's much, much easier to understand. The examples the team gives for uses range from a pub crawl with friends to a family vacation. You and the people with you (who have to be explicitly invited into a group, rather than Color's automatic method) create picture albums on the fly. These are called Tracks. And these tracks are then viewable both in the app and on the web in a beautiful, optimized experience.
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