Market Analysis & Industry News
“2.3 billion people are now globally connected by the Internet. There are 1.1 billion mobile 3G subscribers. Almost 30 percent of all US adults now own a tablet. Mobile is cited as source of 8% of all e-commerce.” from Forbes citing Mary Meeker’s 2012 Internet Trends
A must read post by Rick Segal on the Secret VC Handbook. If you are considering raising institutional money, you should read Rick Segal’s (@ricksegal) The Secret VC Handbook:
“The debate between building native applications vs. mobile web sites has raged.” from Adam Nash’s (@adamnash) User Acquisition: Mobile applications and the Mobile Web
“Global population 7 billion. Mobile phone subscriptions 6 billion. Internet users 2.3 billion.” from The App Generation
What are the typical top sources of customers for early-stage SaaS companies?
Mike Beltzner joined Wattpad as Head of Product.
|Wattpad||Wattpad is the world’s largest online community of readers and writers.||$17.3MM||Khosla Ventures, Yahoo co-founder Jerry Yang, Union Square Ventures, Golden Venture Partners|
|Lightspeed||LightSpeed’s technology provides retailers with powerful tools that reinvent the shopping experience using Mac computers, iPads, and iPhones for retail management tools||$30MM||Accel Partners|
|BuildDirect||BuildDirect is North America’s largest online destination for heavy weight building materials||$16MM||OMERS Ventures|
|Blacksquare||BlackSquare is a leading market innovation for direct to consumer wine ecommerce globally.||Seed||Undisclosed|
|CommunityLend||$3MM||non-brokered private placement from a single investor|
|Novidev Santé Active||Novidev Santé Active is a Québec agri-food business that has developed Vegetal IntelligenceTM, a unique process that preserves all the fruit’s natural bioactive compounds, and will be marketing its first ’super fruit juices’ under the Anti+ brand.||$1.3MM||15 private Anges Québec investors including Charles Boulanger and Desjardins Innovatech|