Amit Chowdhry | July 25, 2011 | 587 views | Add a Comment
Categorized under Allen Morgan, Atomico, Bob Goodson, Charles Lho, Endeavour Vision, Founders Fund, Gordon Crovitz, James Hong, Max Levchin, Niko Dounchis, Quid, Ron Conway, The Founders Fund

Quid is a quantitive analysis startup company that has raised $10 million in Series C funding from Atomico Ventures, SV Angel (Ron Conway’s investor fund), Founders Fund, Endeavour Vision, Infocomm Investments, and Charles Lho. PayPal co-founder Max Levchin joined Quid’s board of directors.

Amit Chowdhry | March 10, 2011 | 684 views | Add a Comment
Categorized under Accel Partners, Angry Birds, Atomico, Niklas Zennström, Rovio

Rovio, the company behind Angry Birds, has raised $42 million in Series A funding from Accel Partners and Atomico. Atomico co-founder Niklas Zennström will be joining the board of directors at Rovio. Angry Birds was one of the most download games on the Apple App Store and on Google Android. After that investors were begging to put money in their company.

Amit Chowdhry | February 3, 2011 | 707 views | 1 Comment
Categorized under Atomico, Janus Friis, Mangrove Capital Partners, Rdio, Rob Cavallo, Skype, Warner Brothers Records

Rdio is a social music service start-up that has raised $17.5 million from new and existing investors. Mangrove Capital Partners has joined as a new investor along with previous investor Janus Friis through investment entities Atomico and Skype. The funding will be used to expand their platform and regions. Warner Brothers Records Chairman and Grammy-nominated producer Rob Cavallo is also joining the board of directors at Rdio.
Amit Chowdhry | February 2, 2011 | 433 views | Add a Comment
Categorized under Atomico, Loic Le Meur, Omidyar Network, Salesforce.com, Seesmic, SoftBank Capital, Wellington Partners

Seesmic is a social media application company based in San Francisco that enables people to send out mass updates on Twitter and other services. Seesmic competes directly with TweetDeck. Earlier this month Seesmic has raised $4 million in a new round of funding from Salesforce.com, Softbank Group, Atomico, Omidyar Network, and Wellington Partners. Seesmic has raised a total of $16 million thus far.
Amit Chowdhry | November 21, 2010 | 638 views | Add a Comment
Categorized under Atomico, Fabricly, Y Combinator

Fabricly is a company that was incubated at Y-Combinator that has raised an additional $400,000 round of seed funding from Atomico Ventures. The idea behind Fabricly is to crowdsource fashion designs and have customers determine whether specific clothing gets manufactured.

Amit Chowdhry | March 21, 2010 | 975 views | Add a Comment
Categorized under Atomico, Janus Friis, Niklas Zennström

Niklas Zennström and Janus Friis, the founders of Skype started a company called Atomico Ventures in 2006. The VC firm was started to invest in early-stage European technology companies. Atomico has just announced that they have raised $165 million in funding.
“The type of companies we are looking at are consumer-facing and also small business… that do not need to build up sales forces around the world to scale and grow,” stated Zennström in an interview with the Financial Times. “These are the kinds of companies like Skype, Google and Facebook who, if the business model is really working, they can get large revenues without having to go through too many financing rounds.” [Financial Times]
Amit Chowdhry | July 12, 2009 | 1,205 views | 1 Comment
Categorized under Atomico, Gilles Samoun, Jolicloud, Mangrove Capital Partners, Michael Jackson (Mangrove), NetVibes, Niklas Zennström, Tariq Krim

Tariq Krim, the founder of Netvibes has been working on a new project for well over a year now called Jolicloud. Jolicloud is an operating system intended for use on netbooks. The company has raised $4.2 million in funding from Atomico and Mangrove. Niklas Zennström of Atomico, Gilles Samoun (fotopedia CEO), and Michael Jackson (Mangrove partner) have joined the Jolicloud Board of Directors as a result of the funding.
The Jolicloud operating system utilizes a web application and cloud service interface. Krim sees Google’s announcement of the Chrome OS as a validation for what he is trying to achieve with Jolicloud. Krim left Netvibes on a full-time basis this past May. Netvibes is an RSS reader website built on a cloud that has built in web applications. In a way Jolicloud and Netvibes complement each other. Jolicloud wants to be your default OS on a netbook and Netvibes wants to be your default homepage.
The user interface of the Jolicloud OS is similar to the iPhone operating system. The icons of applications are large and there is very little hardware needed to keep Jolicloud running smoothly. Jolicloud will also support touchscreens.
[via TechCrunch]
Amit Chowdhry | January 5, 2009 | 1,907 views | 2 Comments
Categorized under Atomico, Baseline Ventures, Cisco Systems, Cisco Systems Inc., First Round Capital, Khosla Ventures, Xobni
Xobni is a San Francisco, Calif. based startup that built a platform around Microsoft Outlook. Xobni makes it easier to find people, email, and attachments within Outlook. Bill Gates even called Xobni the next generation of social networking. Xobni has recently raised $7 million in Series B. Xobni started as a Y-Combinator company then went on to raise $4.26 million in Series A.
Xobni’s Outlook software has been downloaded over 1.5 million times. Xobni is currently doing product trials with Fortune 500 companies. Some of the companies Xobni has partnered with includes LinkedIn, Facebook, Skype, and Yahoo! Cisco’s investment in Xobni is an indication that they are becoming serious about enterprise email. In August 2008, Cisco acquired PostPath, an email and calendar company for $215 million.
Prior to the $7 million investment, Xobni raised $4.26 million in funding from Khosla Ventures, Atomico, and First Round Capital. The individuals that participated in Xobni’s first round of funding was Ariel Poler, Saar Gur, and Tom Pickney.