Posts Tagged ‘Reston’
Monday, July 25th, 2011

Canvas, which provides a mobile business application service that makes it easy to find, customize and publish business apps for mobile devices, has closed the first $1.2 million in a $1.75 million Series B funding round. The round was led by an investment from Motorola Solutions Venture Capital, the strategic investment arm of Motorola Solutions, Inc. (NYSE:MSI), which offers an industry-leading portfolio of mobile computing devices.
Ninety-five percent of an estimated 400 million mobile workers still rely on paper forms to conduct business. Canvas’ mobile application platform enables businesses to find, create, deploy and share mobile business applications that significantly reduce the need for paper forms and surveys, paper consumption and redundant data entry.
Canvas, founded in Reston, VA, in 2008, enables mobile professionals to collect information using their mobile devices, analyze that data on the Canvas web site, and share information across their business community.
In addition, Canvas has developed the first mobile business app store of its kind allowing business users to find mobile applications that work on a wide variety of mobile devices, with every application being customizable by Canvas users. The Canvas mobile app store now has more than 750 apps across numerous verticals, including transportation & logistics, healthcare, retail & wholesale distribution, government, education, hospitality and manufacturing.
“Canvas is well positioned at the epicenter of several shifts underway in the mobile business application market, including an increasingly mobile workforce and growing adoption of smartphones, tablets and enterprise digital assistant devices,” said Reese Schroeder, managing director, Motorola Solutions Venture Capital. “With a proven management team, differentiated product offering and a scalable go-to-market strategy we are confident Canvas will continue to gain rapid traction in a ‘mobile apps for business’ market just beginning to take off.”
Tags: Canvas, financing, find mobile apps for business, mobile busienss apps market, mobile business apps service, Motorola Solutions, Reston, VA Posted in Internet/New Media, IT, Mobile, Money, smartphones, Telecommunications | Comments Off
Monday, July 25th, 2011
Travel sites continued to gain traffic in June as this extremely hot summer got underway, and sporting goods and toy sites also saw gains as parents sought ways to keep kids home from school occupied. So says the latest comScore Media Metrix report on top online properties for June 2011. High gas prices may also have something to do with some gains: Amtrak.com ranked number one among travel sites with 2.6 million visitors.
Travel Bug Quickly Spreads in June
An all-time high of 116 million people visited the Travel category in June, with half of the month’s top-gaining categories falling under this umbrella. Travel – Ground/Cruise sites saw the strongest gains, up 14 percent to nearly 13.5 million visitors. Amtrak.com ranked #1 with 2.6 million visitors (up 14 percent), followed by FirstGroup plc with 2.2 million (up 22 percent). Rivals staked out third and fourth place in the ranking, with Carnival Cruise Lines attracting 1.5 million visitors (up 9 percent) and Royal Caribbean Cruises Ltd with 1.1 million visitors (up 19 percent).
Hotel and Resort sites also saw a boost during the month with 34.8 million people visiting the category, up 13 percent versus May. Hilton Hotels took the top spot with 5.4 million visitors (up 24 percent), followed closely by Marriott with 5.4 million (up 18 percent). Choice Hotels International attracted 4.0 million visitors in June (up 40 percent), followed by InterContinental Hotels Group with 3.9 million and Wyndham Worldwide with 3.5 million, up 25 and 23 percent, respectively.
Online Travel Agent sites were popular among travelers looking to shop around for vacation deals and package discounts, rising 10 percent to 42 million visitors in June. Expedia Inc reached 28.1 million visitors during the month (up 15 percent), followed by Priceline.com Incorporated with 13.5 million (up 16 percent), Orbitz Worldwide with 10.9 million (up 10 percent), Fareportal Media Group with 7.5 million (up 1 percent) and Travelocity with 7.1 million (up 14 percent).
Americans Shop Sporting Goods and Toys for Summer Fun
Retail – Sports/Outdoor sites took the #2 spot on the top-growing categories list as Americans embraced the warm weather with outdoor activity. More than 32 million people visited the category during the month, up 14 percent overall, with eBay Sports U.S. earning the top ranking with 3.9 million visitors (up 18 percent). SportsAuthority.com came in second with 3.0 million visitors (up 94 percent), followed by DicksSportingGoods.com with 2.7 million visitors (up 15 percent). Cabelas Inc saw 2.4 million visitors (up 24 percent), while BassPro.com rounded out the top five with 1.7 million (up 20 percent).
ComScore says 15.7 million Americans visited a Toy site in June, as parents looked for ways to keep their kids entertained while out of school for the summer. Toysrus Sites led the category with 5.9 million visitors (up 16 percent), followed by The LEGO Group with 2.5 million (up 11 percent), Disney Shopping with 1.2 million (up 7 percent) and AmericanGirl.com with 890,000 (up 26 percent).
Top 50 Properties
Google Sites ranked as the #1 property in June with 182.5 million visitors, followed by Yahoo! Sites with 178.4 million and Microsoft Sites with 173.6 million. Amazon Sites jumped 1 position to rank #6 with 95.8 million visitors, Disney Online jumped 8 positions to #32 (32.6 million visitors), and Twitter.com jumped 9 positions to #37 (30.6 million visitors). Expedia Inc appeared in the top 50 ranking at #39 (28.1 million visitors).
Top 50 Ad Focus Ranking
Google Ad Network led the June Ad Focus ranking with a reach of 92.8 percent of Americans online, followed by Yahoo! Network Plus (86.3 percent), AOL Advertising (85.9 percent), Yahoo! Sites (83.2 percent) and Google (82.2)
| Table 1 |
|
comScore Top 10 Gaining Properties by Percentage Change in Unique Visitors* (U.S.)June 2011 vs. May 2011
Total U.S. – Home, Work and University LocationsSource: comScore Media Metrix |
|
| |
Total Unique Visitors (000) |
|
| |
May-11 |
Jun-11 |
% Change |
Rank by Unique Visitors |
|
| Total Internet : Total Audience |
216,250 |
214,474 |
-1 |
N/A |
|
| ABC Family |
1,869 |
6,627 |
255 |
226 |
|
| American Express |
8,058 |
11,323 |
41 |
134 |
|
| Dish Network Corporation |
6,067 |
8,086 |
33 |
188 |
|
| The Mozilla Organization |
13,135 |
16,351 |
24 |
92 |
|
| ImageShack |
7,957 |
9,761 |
23 |
158 |
|
| Groupon |
12,032 |
14,473 |
20 |
107 |
|
| EA Online |
13,224 |
15,884 |
20 |
94 |
|
| Zynga.com |
5,912 |
7,066 |
20 |
208 |
|
| UrbanDictionary.com |
5,235 |
6,190 |
18 |
240 |
|
| WildTangent Media |
17,063 |
20,021 |
17 |
67 |
|
| *Ranking based on the top 250 properties in Jun e 2011. Excludes entities whose growth was primarily due to tagging through unified digital audience measurement. |
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| Table 2 |
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| comScore Top 10 Gaining Site Categories by Percentage Change in Unique Visitors (U.S.)June 2011 vs. May 2011Total U.S. – Home, Work and University Locations
Source: comScore Media Metrix |
|
| |
Total Unique Visitors (000) |
|
| May-11 |
Jun-11 |
% Change |
|
| Total Internet : Total Audience |
216,250 |
214,474 |
-1 |
|
| Community – Pets |
19,123 |
22,061 |
15 |
|
| Retail – Sports/Outdoor |
28,719 |
32,665 |
14 |
|
| Travel – Ground/Cruise |
11,852 |
13,466 |
14 |
|
| Travel – Hotels/Resorts |
30,825 |
34,774 |
13 |
|
| Travel – Transactions |
3,806 |
4,258 |
12 |
|
| Retail – Toys |
14,077 |
15,737 |
12 |
|
| Services – Incentives |
21,248 |
23,653 |
11 |
|
| Travel – Online Travel Agents |
38,214 |
41,996 |
10 |
|
| Travel – Car Rental |
6,343 |
6,958 |
10 |
|
| Health – Pharmacy |
4,800 |
5,244 |
9 |
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| Table 3 |
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comScore Top 50 Properties (U.S.)
June 2011
Total U.S. – Home, Work and University Locations
Source: comScore Media Metrix |
|
| Rank |
Property |
Unique Visitors(000) |
|
Rank |
Property |
Unique Visitors(000) |
|
| |
Total Internet : Total Audience |
214,474 |
|
|
|
|
|
| 1 |
Google Sites |
182,537 |
|
26 |
Technorati Media |
36,281 |
|
| 2 |
Yahoo! Sites |
178,383 |
|
27 |
ESPN |
36,204 |
|
| 3 |
Microsoft Sites |
173,562 |
|
28 |
Wal-Mart |
35,807 |
|
| 4 |
Facebook.com |
160,879 |
|
29 |
LinkedIn.com |
33,904 |
|
| 5 |
AOL, Inc. |
110,447 |
|
30 |
Tribune Interactive |
33,556 |
|
| 6 |
Amazon Sites |
95,771 |
|
31 |
Adobe Sites |
33,214 |
|
| 7 |
Turner Digital |
93,382 |
|
32 |
Disney Online |
32,553 |
|
| 8 |
Glam Media |
85,987 |
|
33 |
AT&T Interactive Network |
32,178 |
|
| 9 |
Ask Network |
84,810 |
|
34 |
Yelp.com |
31,276 |
|
| 10 |
Viacom Digital |
81,645 |
|
35 |
iVillage.com: The Womens Network |
30,869 |
|
| 11 |
CBS Interactive |
73,981 |
|
36 |
Superpages.com Network |
30,767 |
|
| 12 |
Apple Inc. |
73,188 |
|
37 |
Twitter.com |
30,649 |
|
| 13 |
Wikimedia Foundation Sites |
71,804 |
|
38 |
WordPress |
28,892 |
|
| 14 |
VEVO |
66,396 |
|
39 |
Expedia Inc |
28,150 |
|
| 15 |
eBay |
65,474 |
|
40 |
Netflix.com |
27,751 |
|
| 16 |
New York Times Digital |
62,883 |
|
41 |
NBC Universal |
27,676 |
|
| 17 |
Demand Media |
60,037 |
|
42 |
Break Media |
27,504 |
|
| 18 |
craigslist, inc. |
53,472 |
|
43 |
WeatherBug Property |
26,811 |
|
| 19 |
Comcast Corporation |
53,262 |
|
44 |
Everyday Health |
26,797 |
|
| 20 |
Fox Interactive Media |
47,987 |
|
45 |
WebMD Health |
24,762 |
|
| 21 |
Answers.com Sites |
41,691 |
|
46 |
Bank of America |
24,705 |
|
| 22 |
Federated Media Publishing |
41,515 |
|
47 |
Verizon Communications Corporation |
23,979 |
|
| 23 |
Gannett Sites |
40,706 |
|
48 |
Target Corporation |
23,810 |
|
| 24 |
Weather Channel, The |
40,118 |
|
49 |
IGN Entertainment |
23,613 |
|
| 25 |
NetShelter Technology Media |
36,536 |
|
50 |
Cox Enterprises Inc. |
23,482 |
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| Table 4 |
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comScore Ad Focus Ranking (U.S.)
June 2011
Total U.S. – Home, Work and University Locations
Source: comScore Media Metrix |
|
| Rank |
Property |
Unique Visitors(000) |
% Reach |
|
Rank |
Property |
Unique Visitors(000) |
% Reach |
|
| |
Total Internet : Total Audience |
214,474 |
100.0 |
|
|
|
|
|
|
| 1 |
Google Ad Network** |
198,995 |
92.8 |
|
26 |
ContextWeb** |
111,071 |
51.8 |
|
| 2 |
Yahoo! Network Plus** |
185,148 |
86.3 |
|
27 |
AOL, Inc. |
110,447 |
51.5 |
|
| 3 |
AOL Advertising** |
184,132 |
85.9 |
|
28 |
CPX Interactive** |
107,415 |
50.1 |
|
| 4 |
Yahoo! Sites |
178,383 |
83.2 |
|
29 |
Undertone** |
104,202 |
48.6 |
|
| 5 |
Google |
176,235 |
82.2 |
|
30 |
Bing |
97,908 |
45.7 |
|
| 6 |
ValueClick Networks** |
172,212 |
80.3 |
|
31 |
AdBlade Network** |
90,701 |
42.3 |
|
| 7 |
ShareThis |
167,772 |
78.2 |
|
32 |
Kontera** |
89,565 |
41.8 |
|
| 8 |
24/7 Real Media Global Web Alliance** |
167,563 |
78.1 |
|
33 |
Glam Media |
85,987 |
40.1 |
|
| 9 |
Specific Media (unified)** |
162,548 |
75.8 |
|
34 |
Meebo |
85,494 |
39.9 |
|
| 10 |
Facebook.com |
160,879 |
75.0 |
|
35 |
Ask Network |
84,810 |
39.5 |
|
| 11 |
Tribal Fusion** |
160,443 |
74.8 |
|
36 |
Windows Live |
79,077 |
36.9 |
|
| 12 |
AdBrite** |
159,851 |
74.5 |
|
37 |
Monster Career Ad Network (CAN)** |
77,941 |
36.3 |
|
| 13 |
Collective Display** |
159,429 |
74.3 |
|
38 |
Lotame Solutions** |
71,489 |
33.3 |
|
| 14 |
Burst Media** |
147,678 |
68.9 |
|
39 |
Amazon.com |
66,789 |
31.1 |
|
| 15 |
Cox Digital Solutions – Network** |
143,711 |
67.0 |
|
40 |
Demand Media |
60,037 |
28.0 |
|
| 16 |
AudienceScience** |
142,551 |
66.5 |
|
41 |
MediaWhiz** |
59,893 |
27.9 |
|
| 17 |
interclick** |
141,458 |
66.0 |
|
42 |
Goodway Group** |
59,769 |
27.9 |
|
| 18 |
Microsoft Media Network US** |
141,315 |
65.9 |
|
43 |
MTV Networks Music |
58,301 |
27.2 |
|
| 19 |
Traffic Marketplace** |
140,456 |
65.5 |
|
44 |
Technorati Media** |
57,851 |
27.0 |
|
| 20 |
FOX Audience Network** |
136,902 |
63.8 |
|
45 |
RMM (formerly Red McCombs Media)** |
54,004 |
25.2 |
|
| 21 |
Casale Media – MediaNet** |
136,640 |
63.7 |
|
46 |
Brand.net Network** |
52,138 |
24.3 |
|
| 22 |
Vibrant Media** |
134,556 |
62.7 |
|
47 |
Redux Media Network** |
44,787 |
20.9 |
|
| 23 |
Adconion Media Group** |
126,258 |
58.9 |
|
48 |
Federated Media Network** |
43,772 |
20.4 |
|
| 24 |
MSN |
121,919 |
56.8 |
|
49 |
CNN |
43,445 |
20.3 |
|
| 25 |
YouTube.com* |
121,422 |
56.6 |
|
50 |
Ybrant Global Network** |
43,225 |
20.2 |
|
Reach % denotes the percentage of the total Internet population that viewed a particular entity at least once in June. For instance, Yahoo! Sites was seen by 83.2 percent of the 214 million Internet users in June.
* Entity has assigned some portion of traffic to other syndicated entities.
** Denotes an advertising network. |
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Tags: Amtrak.com, comScore, Cruise lines, online travel agent sites, Reston, sporting goods web sites, top 50 web properties June 2011, top media properties june 2011, toy sites, travel web sites, VA Posted in Internet/New Media, Studies, surveys, reports | Comments Off
Friday, July 15th, 2011
Reston, VA-based Razorsight, a firm developing web-based financial business intelligence and analytics software for communications service companies, has raised $7.3 million of an equity round targeted at $10 million, according to a filing with the U.S. Securities and Exchange Commission.
The company’s tools audit and analyze more than $50 billion in spending and revenue data from its partners.
Pong Research raises $5M for smartphone cases
Middleburg, VA-based Pong Research, which makes cases for cell phones intended to protect users from their radiation, has raised $5 million in equity funding, according to an SEC filing. Pong makes caes for HTC EVO, Droid, iPhone, and Blackberry phones.
Nible Storage lands $25M
Nimble Storage, developer of the first converged storage and backup solution, today announced that it has received $25 million in an over-subscribed Series D round of funding led by Artis Capital Management.
Artis Capital Management was the largest shareholder of Data Domain, which was purchased by EMC for $2.1 billion. Nimble Storage’s existing investors Accel Partners, Lightspeed Venture Partners and Sequoia Capital also contributed to the round. The investment will be used to support the company’s rapid growth by expanding sales internationally and is expected to bring it to profitability.
Based on the company’s patent-pending Cache Accelerated Sequential Layout (CASL™) architecture, the CS-Series enables fast inline data compression, intelligent data optimization leveraging flash memory and high-capacity disk, instant optimized backups, and WAN-efficient replication in a single device. This approach dramatically lowers equipment costs, reduces backup and restore time from hours to seconds, and streamlines storage management.
Tags: financings, Funded, Middleburg, Nimble Storage, Pong Reseach, Razorsight, Reston, SEC filings, VA Posted in Internet/New Media, IT, Money, Potomac, Uncategorized, Virginia | Comments Off
Tuesday, July 5th, 2011
RESTON, VA – The digital measurement firm comScore has chalked up a two-year, $50 million revolving credit deal with the Bank of America.
The company will pay interest only monthly on the debt. Outstanding principal and interest will be due at maturity.
The money will be used for working capital and general corporate purposes.
Tags: Bank of America, comScore, digital measurment, Reston, revolving credit facility, VA Posted in Carolinas, Internet/New Media, Money, North Carolina | Comments Off
Wednesday, June 22nd, 2011
Wilmington, MA-based Lilliputian Systems Inc. has raised more than half, $11.12 million, of an offering targeted at $21 million, according to a filing with the U.S. Securities and Exchange Commission. Previously the advanced micro battery firm raised more than $90 million in venture backing.
Researchers at the M.I.T. Microsystems Technology Laboratory, develops microchip sized batteries that can power hand held electronic devices for a week. It is fueled by recyclable high energy fuel cartridges. The technology is reliable, safe (approved for use on aircraft) and environmentally friendly (6x more efficient/lower carbon footprint than using a wall charger).
Investors include Fairhaven Capital and Rockport Capital, both based in Massachusetts.
Video tech provider On Demand Real Time raises $1M in debt and equity
New York-based On Demand Real Time, a company selling technology for video replay on mobile devices, has raised $1 million in convertible debt and equity, according to a filing with the SEC.
The company is developing what it says is the first commercially deployable system for instant video replay on mobile devices called PlayItOver. It is working on consumer apps for mobile devices.
It also offers LiveClips, an SaaS product that can automatically create video clips of live sporting events and deliver them to the web or mobile devices in seconds.
LucidMedia Networks nabs $5.4 for digital ad management platform
Reston, VA-based LucidMedia Networks has raised $5.43 million of a $6.18 million offering, according to an SEC filing. The company sells a demand-side platform that includes page-level contextual analysis and intelligent real time bidding as either self-service or managed service to interactive agencie and brand advertisers.
Glympse grabs $7.5M for location-sharing app
Redmond, WA-based Glympse has raised $7.5 million in Series B funding co-led by Menlo Ventures and Ignition Partners. www.glympse.com
Tags: device battery that lasts a week, digital ad platforms, Energy, fundings, Glympse, Lilliputian Systems, LiveClips, LucidMedia, M&A, M.I.T., micro battery, New York, On Demand Real Time, PlayitOver, Reston, VA, venture fundings, video replay on mobile devices, Wilmington Posted in Energy, Hardware, Money, video | Comments Off
Thursday, June 9th, 2011
FUNDINGS – Boulder, Colorado-based Rally Software, which has offices in Raleigh, has raised $20 million in new funding led by Meritech Capital Partners. Meritech also backs Facebook, Salesforce.com, Zipcar, Presidio, Broadsoft, and NetSuite, among other well known tech firms.
Rally sells Agile application lifestyle management. According to a study by QSM Associates, software-driven companies that rely on Rally’s Agile ALM products and services are 50 percent faster to market and 25 percent more productive than industry averages.
Rally acquired Raleigh, NC-based Sixth Sense Analytics in 2010 and is hiring to fill two engineering positions in the Raleigh office. It currently has 17 employees. Vice President of Products, Todd Olson is based in Raleigh.
Coupons.com nabs whopping $200M round
Mt. View, CA-based Coupons.com, which provides digital coupons, has raised $200 million in new equity backing. The company did not name investors, but they’ll show up sooner or later in an SEC filing. It says up to $100 million of the funding will facilitate liquidity for employees and early investors.
Obviously, with Groupon, LivingSocial and a hoard of daily discount deal sites raking in venture backing of well over $1 billion, investors love anything to do with online discounts.
CT-based AdmantX gets $2.8M for semantic page-level analysis
ADmantX has closed a $2.8 million in growth funding from Atlante Ventures Mezzogiorno, the venture capital Fund of Intesa Sanpaolo, an Italian bank. ADmantX sells cookieless tracking technology.
ADmantX offers an advanced semantic page-level analysis that surfaces reader emotions, behaviors, motivations and intentions in order to match ads with similar emotional appeal, without using tracking cookies. This is the first outside funding since ADmantX was spun off last year from Expert System, the leading global provider of semantic software.
ADmantX says it goes beyond relevant SEO and flat keyword-based terms, ensuring brand protection against questionable content for publishers, ad networks and various buy- and sell-platforms. It also incorporates emotional intelligence into the mix, increasing campaign segmentation and targeting for better ad reach and success.
Reston, VA-based App47 tallies $1M first round for mobile app development tools
App47 has raised $1 million in first round funding from Valhalla Partners. It closed the funding in January.
App47 says it delivers enterprise Mobile Application Management tools and intelligence to optimize the mobile user experience and provides a powerful, integrated, lifecycle view of mobile applications and the entire mobile user experience-without compromising the privacy of enterprise data.
Their cloud-based Mobile Application Management solution can be deployed in minutes, providing key analytics and performance data to assist in design, deployment, configuration, and security of mobile applications.
Founders are Chris Schroeder, CEO, and Sean McDemott, who earlier created RealOps, the pioneer in enterprise management Run Book Automation solutions, which was acquired by BMC Software in July 2007.
Schroeder saiys, “Our solution focuses on managing mobile applications, not devices, allowing enterprises to manage and automate highly complex, multi-tired mobility workflows. With App47′s powerful, context-aware tools and deep application intelligence, enterprises can ensure the best possible user experience for the mobile applications and unleash their true business value.”
The way mobile apps are thriving with only a third or so of cell phone users having smartphones bodes well for growth in the industry. One thing that sets mobile apart from the way the Internet developed is that people have been willing to pay for mobile apps from the start. The real question, of course, is how mobile app makers can develop ongoing revenue streams.
Still, we’re betting firms related to mobile apps will be coming out of the proverbial woodwork for the next several years. Any firm that helps developers figure out what works and what doesn’t and why is likely to do well, we suspect.
VirtuOZ gets $7M for intelligent virtual agents
VirtuOz Inc., s provider of intelligent virtual agents (IVAs) for online customer service, today announced that it has raised $7 million in additional funding from existing investors Mohr Davidow, Inventures Group and Galileo Partners to finance growth in the U.S. and E.U.
The company says its intelligent virtual agents offer companies a new channel for contemporary online customer service that delivers the best possible customer experience at one-tenth the cost of traditional channels.
The company processed over 144 million conversations on behalf of our customers in 2010 and with the largest number of live enterprise intelligent virtual agents for Global 2000 companies including eBay, SFR, H&R Block and L’Oreal.
San Diego-based Skinit secures $12M debt financing for customized electronic devices tech
Skinitwhich sells on-demand personalization of electronic devices, and home and automobile products, has closed a $12 million in debt financing from BlueCrest Capital Finance. The funds will be used to expand Skinit’s current initiatives for delivering personalization capabilities to consumers and support the company’s continued growth.
Skinit’s online ordering and customization tools allow consumers to create branded, designed, and personalized electronic device covers.
The growth strategy includes expansion of Skinit’s fully branded ecommerce partner sites and promotional landing pages, as well as wholesale, retail and B2B solutions. It already features an extensive library of licensed artwork from some of the most prominent brands in sports and entertainment including NFL skins and MLB skins, major colleges and universities, Disney, as well as original Skinit designs and works from independent artists.
Virginia-based Three Pillar Global gets $10M for mobile software development services
Fairfax, VA-based Three Pillar Global has received a $10 million investment from Texas-based Nestors Financial.
The company said it will use fhte funds to sclae its operations, expand its global footprint and possibly pursue acquisitions.
Three Pillar Global offers a flexible approach for clients through its innovative Virtual Development Centers that deliver transformative levels of productivity. The company, founded in 2006, has respected and leading customers in media, healthcare, education and financial services
Tags: AdmantX, agile app development, App47, BlueCrest Capital Finance, BMC Software, Boulder, CA, Chris Schroeder, CO, Coupons.com, Dallas, electronic device custimization, Fairfax, Galileo Partners, Inventures Group, Meritech Capital Partners, mobile app development management, Mohr Davidow, Mt. View, NC, Nestors Financial, Raleigh, Rally Software, RealOps, Reston, San Diego, SEan McDemott, semantic page analysis, skinit, skins for electronic devics, Three Pillar Global, TX, VA, Valhalla Partners, venture fundings, Virtuoz. virtual agents Posted in Uncategorized | Comments Off
Friday, May 13th, 2011
Updata Partners, a technology focused private equity firm, has agreed to acquire the Internet Security Business Unit (the “ISBU”) of CA Technologies. Financial details of the transaction were not disclosed.
The ISBU has a 10-year history of providing endpoint security solutions — including anti-malware and anti-virus — to consumers and businesses worldwide. More than 60,000 businesses across a wide spectrum of industries have deployed the unit’s solutions. The new company, which will be called Total Defense, Inc., will be formed as the security software market is entering a period of rapid change.
This transaction does not affect CA Technologies enterprise security business, which is focused primarily on identity and access management software.
IDC estimates the corporate endpoint security market will grow from $7.1 billion in 2010 to $9.9 billion in 2014.
Updata has offices in Edison, NJ and Reston, VA.
Tags: CA, Edison, Internet security, NJ, Reston, Total Defense, Updata Partners, VA Posted in Acquisitions, Potomac, Security, Virginia | Comments Off
Tuesday, May 10th, 2011
RESTON, VA – Online retail spending reached $38.0 billion for the quarter, up 12 percent versus year ago. This growth rate represented the sixth consecutive quarter of positive year-over-year growth and second consecutive quarter of double-digit growth rates. So says comScore, the digital measurement firm.
Retail E-Commerce (Non-Travel) Growth Rates
Excludes Auctions, Autos and Large Corporate Purchases
Total U.S. – Home/Work/University Locations
Source: comScore, Inc. |
| Quarter |
E-Commerce Spending ($ Millions) |
Y/Y Percent Change |
| Q1 2007 |
$27,970 |
17% |
| Q2 2007 |
$27,176 |
23% |
| Q3 2007 |
$28,441 |
23% |
| Q4 2007 |
$39,132 |
19% |
| Q1 2008 |
$31,178 |
11% |
| Q2 2008 |
$30,581 |
13% |
| Q3 2008 |
$30,274 |
6% |
| Q4 2008 |
$38,071 |
-3% |
| Q1 2009 |
$31,031 |
0% |
| Q2 2009 |
$30,169 |
-1% |
| Q3 2009 |
$29,552 |
-2% |
| Q4 2009 |
$39,045 |
3% |
| Q1 2010 |
$33,984 |
10% |
| Q2 2010 |
$32,942 |
9% |
| Q3 2010 |
$32,133 |
9% |
| Q4 2010 |
$43,432 |
11% |
| Q1 2011 |
$38,002 |
12% |
Another encouraging quarter for e-commerce
“Domestic retail e-commerce built on the success of a strong 2010 holiday season with another encouraging quarter here in the first three months of the year,” said comScore chairman Gian Fulgoni.
“Faced with rapidly rising gas prices and stubbornly high unemployment, consumers continued to take advantage of the Internet’s lower prices by shifting their spending from offline retail stores. In fact, in the first quarter, the growth in e-commerce spending was roughly double that observed at offline retail. While we would expect online buying to dampen slightly if gas prices continue to eat into discretionary spending, it’s clear that e-commerce has become a mainstay in consumer behavior, driven by the attraction of both lower prices and convenience.”
Other highlights from Q1 2011 include:
- The top-performing online product categories were: Video Games, Consoles & Accessories; Books & Magazines; Computers/Peripherals/PDAs; Consumer Electronics; and Computer Software (excl. PC Games). Each of the aforementioned categories grew at least 13 percent in Q1 2011 vs. year ago.
- The top 25 online retailers accounted for 67.7 percent of dollars spent online, the same percentage as last year, and down from a peak of 70 percent in 2010 as small and mid-sized retailers regain lost market share.
- The 12-percent growth in the quarter was a function of an increase in number of buyers (up 7 percent) and transactions per buyer (up 9 percent), but accompanied by a slight decline in dollars per transaction (down 4 percent).
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
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Digital Summit: www.digitalsummit.com
Tags: comScore, online retail spending up 12 percent Q1 2011, Reston, VA Posted in Internet/New Media, Studies, surveys, reports | Comments Off
Thursday, April 7th, 2011
RESTON, VA – RFID Global Solution Inc., based in Reston and Palo Alto, CA, has closed $2.5 million in private equity and super angel funding, led by WWC Capital of Reston, Virginia, with participation by all existing angel investors and the management team. It sells real time asset visibility solutions for the data center and enterprise asset tracking markets.
The company says the funds will be used for acceleration of product development and continued attraction of world class talent.
RFID Global’s Visi-Trac software helps data center and operations managers locate and secure assets in real-time, optimizing inventory, asset management and assembly processes. The company says it is the most advanced RFID asset tracking platform on the market, providing customers with up-to-the-minute information needed to make intelligent asset management decisions.
Implementing Visi-Trac has resulted in up to 90 percent savings in inventory management costs, improved asset utilization, and reduced capital expenditures at a large national bank, leading aerospace manufacturer and a global telecommunications firm, according to RFID Global.
“In the past year, we have experienced very strong growth and customer acquisition, increased our partnerships with firms such as IBM, Imation, Motorola Solutions, nlyte Software and Zebra, and delivered significant new product capability,” said Diana Hage, president and CEO, RFID Global Solution.
WWC Capital focuses on software, technology services and new media investments. Jonathan Wallace, Partner, WWC Capital, has joined RFID Global’s Board
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: data center visiibility, Diana Hage, financing, Jonathan Wallace, Reston, RFID Global Solution, VA, Vis-Trac, WWC Capital Posted in IT, Money, Potomac, Virginia | Comments Off
Thursday, March 24th, 2011
RESTON, VA – In Q4 2010, 29.8 million Americans accessed financial services accounts (bank, credit card, or brokerage) via their mobile device, an increase of 54 percent from Q4 2009, according to comScore’s quarterly Mobile Financial Advisor report. The report also analyzed the reasons inhibiting consumers from accessing financial accounts via mobile devices, finding that preference for online access and security concerns topped the list for both smartphone and feature phone users.
“More people are turning to the convenience of mobile devices for their financial service needs, fueled in part by the adoption of smartphones, 3G devices and unlimited data plans,” said Sarah Lenart, comScore vice president.
“The ubiquitous nature of mobile devices affords financial brands an important channel to reach and engage customers, whether it’s at home, work or on-the-go. As brands compete for customer loyalty in this competitive market, marketers will need to focus on continually improving the mobile customer experience and adjusting to the changing landscape and consumer needs as they access their financial information.”
This is good news for Atlanta because it has a thriving financial services cluster that includes established players and startups.
In Q4 2010, 29.8 million Americans accessed financial service accounts (bank, credit card, or brokerage) via their mobile device (browser or application), up 54 percent from the previous year. 18.6 million users accessed their financial accounts via mobile browser in Q4 2010, up 58 percent from the previous year, 10.8 million accessed their accounts via applications, up 120 percent. SMS (text message) represented the smallest access point for financial service audiences with 8.1 million users, up 35 percent.
Among Mobile Banking Users, Mobile Second Most Popular Access Point to Online
With the proliferation of access channels, knowing how and where consumers are interacting with their financial accounts is essential for efficient allocation of marketing dollars and resources. Among mobile banking and credit card users, nearly half prefer going online via a fixed device as the primary way to access their accounts, with 47 percent of mobile banking customers and 44 percent of mobile credit card users doing so.
Mobile has become an increasingly important access channel with 36 percent of mobile credit card users and 26 percent of mobile banking customers indicating it is their primary method of accessing their accounts. Only a small segment of these users listed speaking with a representative in person or on the phone as their primary access method.
Online Preference & Security Top List as Reasons Consumers Do Not Use Mobile for Financial Activities
ComScore also analyzed the reasons consumers cite for not utilizing their mobile devices for financial activities. The results indicated that preference for using a fixed online device topped the list for both smartphone and non-smartphone users at 53 percent and 45 percent, respectively.
Security concerns were also rated highly as a concern among both smartphone users (33 percent) and non-smartphone users (30 percent). Perhaps not surprisingly, 29 percent of non-smartphone users stated cost as a reason for not accessing these accounts, while only 10 percent of smartphone users said the same thing (as unlimited data plans void this concern for many smartphone users). 26 percent of smartphone users also indicated that slow connection speeds hindered their mobile financial service usage.
Demonstrating the overall strong awareness of these services, only 6 percent of smartphone users and 5 percent of non-smartphone users stated not knowing about these services as a reason why they did not access these accounts.
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Atlanta, comScore, mobile devices, mobile financial services, Reston, Sarah Lenhart, telecom, VA Posted in Georgia, Internet/New Media, IT, Mobile, Money, smartphones, Telecommunications | Comments Off
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