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Tuesday, July 21, 2009

Yahoo to Acquire Xoopit for About $20 Million

xoopit_logo_125

Yahoo plans on announcing Thursday that it has bought Xoopit for a price in the $20 million range, according to several sources, one of its first acquisitions in a long while.

Reached late this afternoon by BoomTown, a Yahoo spokeswoman declined to comment about the purchase. Xoopit did not respond to emails earlier today.

But sources said it was a done deal to buy the San Francisco-based social email start-up that finds photos, videos, links and other files in email so that users can surface and then share them.

Xoopit’s investors–Accel Partners and Foundation Capital, along with several angel investors–have pumped about $6.5 million into the company since 2006.

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Sunday, April 12, 2009

Cooliris Nabs $15.5 Million in Funding, as It Upgrades Its 3-D Wall

cooliris

Internet navigation browser plug-in maker Cooliris, which lets users “see” the Web in a more visual manner, has gotten $15.5 million in additional funding from its investors.

The new round includes Kleiner Perkins, DAG Ventures, the Westly Group and T-Mobile’s T-Ventures, bringing its total funding to $18.5 million.

The Palo Alto, Calif.-based start-up is also releasing out of beta the latest upgrade to its 3-D “Wall” software, which displays more online content and information from around the Web, including from social-networking services like Facebook, shopping sites and from a user’s own hard drive.

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Tuesday, September 30, 2008

Will StumbleUpon’s New Web Look and Feel Give It Web Wings?

While rumors of its impending re-sale have apparently been greatly exaggerated, what’s true about StumbleUpon is that its new Web-centric look and feel and a new partnering program represent a major shift for the online discovery service.

The San Francisco-based company, which was founded in 2001 and sold to eBay last year for $75 million, is announcing tonight that users will no longer have to register or download its toolbar to “stumble” the Web.

The move is being made because most Internet users are increasingly loath to install Web plug-ins, a requirement that naturally has slowed the growth of StumbleUpon’s service.

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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