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	<title>Pulse2 Technology and Social Media News &#187; Bezos Expeditions</title>
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	<link>http://pulse2.com</link>
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		<title>Groupon Acquires Pelango, Makers Of Whrrl Mobile App</title>
		<link>http://pulse2.com/2011/04/19/groupon-acquires-pelango-makers-of-whrrl-mobile-app/</link>
		<comments>http://pulse2.com/2011/04/19/groupon-acquires-pelango-makers-of-whrrl-mobile-app/#comments</comments>
		<pubDate>Tue, 19 Apr 2011 19:29:25 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Amazon.com]]></category>
		<category><![CDATA[Andrew Mason]]></category>
		<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[Jeff Holden]]></category>
		<category><![CDATA[Kleiner Perkins]]></category>
		<category><![CDATA[Kleiner Perkins Caufield & Byers]]></category>
		<category><![CDATA[KPCB iFund]]></category>
		<category><![CDATA[Pelango]]></category>
		<category><![CDATA[Reliance Technology Ventures]]></category>
		<category><![CDATA[T-Venture]]></category>
		<category><![CDATA[Trilogy Equity Partners]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=46097</guid>
		<description><![CDATA[Pelango, the mobile application development company that created Whrrl, has been acquired by Groupon. Whrrl allows users to check in to locations and discover new places. Pelango founder Jeff Holden will become an executive of Groupon&#8217;s product development team as &#8230; <a href="http://pulse2.com/2011/04/19/groupon-acquires-pelango-makers-of-whrrl-mobile-app/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img src="http://mediaserver.pulse2.com/uploads/2011/04/Screen-shot-2011-04-19-at-3.01.48-PM-315x90.png" alt="" title="Screen shot 2011-04-19 at 3.01.48 PM" width="315" height="90" class="alignnone size-medium wp-image-46098" /><br />
<a href="http://www.pelago.com/">Pelango</a>, the mobile application development company that created <a href="http://whrrl.com/">Whrrl</a>, has been acquired by Groupon.  Whrrl allows users to check in to locations and discover new places.  Pelango founder Jeff Holden will become an executive of Groupon&#8217;s product development team as part of the acquisition.  The terms of the deal were undisclosed.<br />
<span id="more-46097"></span><br />
“We’ve always liked CEO Jeff Holden, the Whrrl team and the technology they’ve developed. Their obsession with real-world serendipitous discovery, or Anti-Search, is core to Groupon’s mission. It’s about discovering what you didn’t know you didn’t know, right in your own backyard,” stated Groupon CEO Andrew Mason.</p>
<p>Pelango was founded in 2006 and raised venture capital funding from Kleiner Perkins Caufield &#038; Byers, the KPCB iFund, Bezos Expeditions, T-Venture, Trilogy Equity Partners, and Reliance Technology Ventures.  Before starting Pelango, Holden worked at Amazon for 8 years.  He was the SVP of Consumer Websites Worldwide.  Many of Pelango&#8217;s team will be rolled into Groupon&#8217;s future Grouponnovations division.  Holden will be moving to Chicago as part of the acquisition.</p>
<p>[<a href="http://emoney.allthingsd.com/20110418/groupon-acquires-ifund-backed-pelago-founder-to-head-up-product-development/">AllThingsD</a>]</p>
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		<title>MindJolt Acquires Social Gaming Network and Hallpass Media</title>
		<link>http://pulse2.com/2011/04/19/mindjolt-acquires-social-gaming-network-and-hallpass-media/</link>
		<comments>http://pulse2.com/2011/04/19/mindjolt-acquires-social-gaming-network-and-hallpass-media/#comments</comments>
		<pubDate>Tue, 19 Apr 2011 06:25:03 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[Chris DeWolfe]]></category>
		<category><![CDATA[Columbia Capital]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[Felicis Ventures]]></category>
		<category><![CDATA[Founders Fund]]></category>
		<category><![CDATA[Greylock Partners]]></category>
		<category><![CDATA[Hallpass Media]]></category>
		<category><![CDATA[Lars Hinrichs]]></category>
		<category><![CDATA[MindJolt]]></category>
		<category><![CDATA[MySpace]]></category>
		<category><![CDATA[Novak Biddle Venture Partners]]></category>
		<category><![CDATA[SGN]]></category>
		<category><![CDATA[Shervin Pishevar]]></category>
		<category><![CDATA[Social Gaming Network]]></category>
		<category><![CDATA[The Founders Fund]]></category>
		<category><![CDATA[TomorrowVentures]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=46079</guid>
		<description><![CDATA[MindJolt is a gaming company that is run by MySpace co-founder Chris DeWolfe. DeWolfe left MySpace a few years after News Corporation acquired the social network company. MindJolt appears to be in a better spot than MySpace right now. MySpace &#8230; <a href="http://pulse2.com/2011/04/19/mindjolt-acquires-social-gaming-network-and-hallpass-media/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img src="http://mediaserver.pulse2.com/uploads/2011/04/Screen-shot-2011-04-19-at-1.48.28-AM.png" alt="" title="Screen shot 2011-04-19 at 1.48.28 AM" width="172" height="98" class="alignnone size-full wp-image-46080" /><br />
<a href="http://www.mindjolt.com/">MindJolt</a> is a gaming company that is run by MySpace co-founder Chris DeWolfe.  DeWolfe left MySpace a few years after News Corporation acquired the social network company.<br />
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MindJolt appears to be in a better spot than MySpace right now.  MySpace is continuing to lose money and MindJolt is profitable with $20 million in revenue.  MindJolt has also recently acquired <a href="http://www.sgn.com/">Social Gaming Network</a> (SGN) and <a href="http://www.hallpassnetwork.com/">Hallpass Media</a>.  This acquisition doubles MindJolt&#8217;s staff to about 80 employees.</p>
<p>When MySpace&#8217;s revenue fell in 2009, DeWolfe who was CEO at the time was basically kicked out.  Facebook started really dominating in 2009.  Currently MySpace is being shopped around and it is rumored that buyers are not willing to spend higher than $100 million for it.  DeWolfe is rumored to be involved as one of the buyers.  This is a huge difference from the $856 million revenues that MySpace posted in 2008 and the $580 million price that News Corp. spent to buy the social network in 2005.  </p>
<p>Hallpass Media is a gaming portal website that receives about four million monthly visitors.  Hallpass Media also has 1,500 web based games that will be added to MindJolt&#8217;s portfolio.  Social Gaming Network (SGN) creates iPhone and Android games that have a total of about 30 million downloads.</p>
<p>“Initially, a lot of energy was spent on games on the Web, through platforms like Facebook,” stated SGN founder and executive chairman Shervin Pishevar. “But over the past year, what we’ve seen is that a lot of that activity is going into mobile. We’ve reached a tipping point.”</p>
<p>SGN raised about $18 million in venture capital funding from Felicis Ventures, Greylock Partners, The Founders Fund, Novak Biddle Venture Partners, Columbia Capital, Bezos Expeditions, Eric Schmidt&#8217;s TomorrowVentures, and Lars Hinrichs.</p>
<p>[<a href="http://dealbook.nytimes.com/2011/04/18/a-myspace-founder-is-building-again-with-online-games/">NYT</a>]</p>
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		<title>Wal-Mart Acquires Kosmix For Over $300 Million</title>
		<link>http://pulse2.com/2011/04/18/wal-mart-acquires-kosmix-for-over-300-million/</link>
		<comments>http://pulse2.com/2011/04/18/wal-mart-acquires-kosmix-for-over-300-million/#comments</comments>
		<pubDate>Tue, 19 Apr 2011 04:10:27 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Accel Partners]]></category>
		<category><![CDATA[Anand Rajaraman]]></category>
		<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[DAG Ventures]]></category>
		<category><![CDATA[Ed Zander]]></category>
		<category><![CDATA[Jeff Bezos]]></category>
		<category><![CDATA[Jonathan Miller]]></category>
		<category><![CDATA[Kosmix]]></category>
		<category><![CDATA[Lightspeed Venture Partners]]></category>
		<category><![CDATA[Lightspeed Ventures]]></category>
		<category><![CDATA[Time Warner Investments]]></category>
		<category><![CDATA[Venky Harinarayan]]></category>
		<category><![CDATA[Wal-Mart]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=46073</guid>
		<description><![CDATA[Wal-Mart Stores, Inc. (NYSE:WMT) has acquired Kosmix for over $300 million according to a source with AllThingsD. Kosmix is a social media platform company that has raised $55 million in funding from Time Warner Investments, Accel Partners, Lightspeed Venture Partners, &#8230; <a href="http://pulse2.com/2011/04/18/wal-mart-acquires-kosmix-for-over-300-million/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img src="http://mediaserver.pulse2.com/uploads/2011/04/Screen-shot-2011-04-18-at-11.51.07-PM.png" alt="" title="Screen shot 2011-04-18 at 11.51.07 PM" width="167" height="82" class="alignnone size-full wp-image-46074" /><br />
Wal-Mart Stores, Inc. (NYSE:WMT) has acquired <a href="http://Kosmix.com">Kosmix</a> for over $300 million according to a source with <a href="http://kara.allthingsd.com/20110418/exclusive-wal-mart-paid-300-million-plus-for-kosmix/">AllThingsD</a>.  Kosmix is a social media platform company that has raised $55 million in funding from Time Warner Investments, Accel Partners, Lightspeed Venture Partners, DAG Ventures, Bezos Expeditions, Jonathan Miller, and Ed Zander.<br />
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Kosmix is best known for developing <a href="http://tweetbeat.com/">TweetBeat</a>, a website that monitors live events being talked about the most on Twitter.  Kosmix will be rolled into a division called @WalmartLabs.  Kosmix was founded by Venky Harinarayan and Anand Rajaraman.  These two built and sold an e-commerce company called Junglee to Amazon.com in 1998.</p>
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		<title>Paperless Billing Company Doxo Raises $10 Million Series B</title>
		<link>http://pulse2.com/2011/02/16/paperless-billing-company-doxo-raises-10-million-series-b/</link>
		<comments>http://pulse2.com/2011/02/16/paperless-billing-company-doxo-raises-10-million-series-b/#comments</comments>
		<pubDate>Wed, 16 Feb 2011 18:30:16 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[Doxo]]></category>
		<category><![CDATA[Mohr Davidow Ventures]]></category>
		<category><![CDATA[Sigma Partners]]></category>
		<category><![CDATA[Thomas Layton]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=43873</guid>
		<description><![CDATA[Doxo is a paperless billing company that has raised $10 million in Series B funding in a round led by Sigma Partners. Existing investors Mohr Davidow and Bezos Expeditions also participated in this round. Thomas Layton, former OpenTable CEO, invested &#8230; <a href="http://pulse2.com/2011/02/16/paperless-billing-company-doxo-raises-10-million-series-b/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img src="http://mediaserver.pulse2.com/uploads/2011/02/doxo-logo.jpg" alt="" title="doxo-logo" width="162" height="192" class="alignnone size-full wp-image-43874" /><br />
<a href="http://Doxo.com">Doxo</a> is a paperless billing company that has raised $10 million in Series B funding in a round led by Sigma Partners.  Existing investors Mohr Davidow and Bezos Expeditions also participated in this round.  Thomas Layton, former OpenTable CEO, invested in this round and is joining the board of directors at Doxo as well.  Doxo is a paperless billing company that has raised $15 million in total funding.  On average businesses pay $10 per year per customer for sending them paper bills.  Doxo aims to reduce the cost incurred for these businesses.  Some of Doxo&#8217;s clients include Sprint, Puget Sound Energy, and Kansas City Power &#038; Light. [<a href="http://techcrunch.com/2011/02/15/doxo-10-million/">TechCrunch</a>]</p>
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		<title>Heartland Robotics Raises $20 Million In Series B</title>
		<link>http://pulse2.com/2010/12/02/heartland-robotics-raises-20-million-in-series-b/</link>
		<comments>http://pulse2.com/2010/12/02/heartland-robotics-raises-20-million-in-series-b/#comments</comments>
		<pubDate>Thu, 02 Dec 2010 05:50:45 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[Charles River Ventures]]></category>
		<category><![CDATA[Heartland Robotics]]></category>
		<category><![CDATA[Highland Capital Partners]]></category>
		<category><![CDATA[iRobot]]></category>
		<category><![CDATA[Massachusetts Institute of Technology]]></category>
		<category><![CDATA[Rodney Brooks]]></category>
		<category><![CDATA[Sigma Partners]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=38869</guid>
		<description><![CDATA[Heartland Robotics is a company that was founded in 2008 by Rodney Brooks. Brooks was an iRobot co-founder and was the former director of MIT&#8217;s Computer Science and A.I. Lab. Heartland has raised $20 million in Series B funding led &#8230; <a href="http://pulse2.com/2010/12/02/heartland-robotics-raises-20-million-in-series-b/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<a href="http://www.heartlandrobotics.com/">Heartland Robotics</a> is a company that was founded in 2008 by Rodney Brooks.  Brooks was an iRobot co-founder and was the former director of MIT&#8217;s Computer Science and A.I. Lab.  Heartland has raised $20 million in Series B funding led by Highland Capital Partners.  The Series B was joined by existing investors Charles River Ventures and Bezos Expeditions along with new investor Sigma Partners. [<a href="http://robotics.tmcnet.com/channels/healthcare-robotics/articles/122572-heartland-robotics-raises-20-million-financing.htm">TMCNet</a>]</p>
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		<title>Spark Capital and Jeff Bezos Invests In Aviary</title>
		<link>http://pulse2.com/2009/10/26/spark-capital-and-jeff-bezos-invests-in-aviary/</link>
		<comments>http://pulse2.com/2009/10/26/spark-capital-and-jeff-bezos-invests-in-aviary/#comments</comments>
		<pubDate>Mon, 26 Oct 2009 20:24:58 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[Avi Muchnick]]></category>
		<category><![CDATA[Aviary]]></category>
		<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[Jeff Bezos]]></category>
		<category><![CDATA[Spark Capital]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=21619</guid>
		<description><![CDATA[Aviary is a web-based software company that has designed applications such as Image Editor, Color Editor, Vector Editor, Effect Editor, Screen Capture, Image Markup, and Audio Editor. Aviary is based in Long Island, New York. And now the company has &#8230; <a href="http://pulse2.com/2009/10/26/spark-capital-and-jeff-bezos-invests-in-aviary/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<a href="http://aviary.com/">Aviary</a> is a web-based software company that has designed applications such as Image Editor, Color Editor, Vector Editor, Effect Editor, Screen Capture, Image Markup, and Audio Editor.  Aviary is based in Long Island, New York.  And now the company has raised $7 million in Series B from Jeff Bezos (founder and CEO of Amazon.com) and Spark Capital.</p>
<p>Bezos&#8217; investment was made through his venture firm Bezos Expeditions.  Aviary competes directly with Adobe Systems Inc.  To access Aviary&#8217;s web based applications, the subscription cost is $24.99 for the Pro version.  The Pro version gives more enhanced file privacy, full watermark control, higher quality thumbnails, and unlimited storage.  The basic version gives access to the web base applications too.</p>
<p>“We are disrupting the status quo by eliminating the long-held barriers to digital creation and giving creators the tools they need to create, market and monetize their vision,” stated Aviary Inc. founder and CEO Avi Muchnick. “We are extremely excited to have Spark Capital on board. Their broad-ranging internet, software and consumer experience will be a tremendous asset to us in furthering our mission to make creation accessible to creators of all genres.”</p>
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		<title>Jeff Bezos and Marc Benioff Invests In ZocDoc</title>
		<link>http://pulse2.com/2008/10/01/jeff-bezos-and-marc-benioff-invests-in-zocdoc/</link>
		<comments>http://pulse2.com/2008/10/01/jeff-bezos-and-marc-benioff-invests-in-zocdoc/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 22:29:20 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[ZocDoc]]></category>

		<guid isPermaLink="false">http://pulse2.com/2008/10/01/jeff-bezos-and-marc-benioff-invests-in-zocdoc/</guid>
		<description><![CDATA[ZocDoc is a service that allows users to sign up for doctor appointments online in New York City, NY.&#160; As ZocDoc plans to expand their online services to other major cities, Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos and salesforce.com, inc. &#8230; <a href="http://pulse2.com/2008/10/01/jeff-bezos-and-marc-benioff-invests-in-zocdoc/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img style="max-width: 800px;" src="http://mediaserver.pulse2.com/uploads/2008/10/zocdoc-logo.png" /><br /><a href="http://www.ZocDoc.com">ZocDoc</a> is a service that allows users to sign up for doctor appointments online in New York City, NY.&nbsp; As ZocDoc plans to expand their online services to other major cities, Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos and salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff have come together to invest an undisclosed amount in ZocDoc.&nbsp; Bezos&#8217; investment came through Bezos Expeditions.</p>
<p>Last month Vinod Khosla&#8217;s investment arm, Khosla Ventures led the investment of $3 million Series A in ZocDoc.&nbsp; ZocDoc did not disclose how much this round of funding was, but it is &#8220;in the ballpark&#8221; of the Series A [<a href="http://www.alleyinsider.com/2008/10/jeff-bezos-marc-benioff-invest-in-doctor-reservation-service-zocdoc-amzn-crm-">SAI</a>].&nbsp; ZocDoc&#8217;s founders include Nick Ganju, Cyrus Massoumi, and Oliver Kharraz, M.D.&nbsp; ZocDoc plans to make revenue from advertising and charging a nominal fee to practicioners.</p>
<p>The site has rough 50,000-60,000 users.&nbsp; ZocDoc also turned <a href="http://news.zocdoc.com/2008/10/zocdoc-turns-1.html">one years old today</a>.&nbsp; </p>
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		<title>Jeff Bezos Invests In Social Gaming Network (SGN)</title>
		<link>http://pulse2.com/2008/07/14/jeff-bezos-invests-in-social-gaming-network-sgn/</link>
		<comments>http://pulse2.com/2008/07/14/jeff-bezos-invests-in-social-gaming-network-sgn/#comments</comments>
		<pubDate>Mon, 14 Jul 2008 14:58:54 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[SGN]]></category>
		<category><![CDATA[Social Gaming Network]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=3887</guid>
		<description><![CDATA[A couple months ago, Social Gaming Network raised $15 million in Series A from investors such as Greylock, Columbia Capital, Founders Fund, and Novak Biddle Venture Partners.  Now the company has another solid investor backing them up, founder of Amazon.com, &#8230; <a href="http://pulse2.com/2008/07/14/jeff-bezos-invests-in-social-gaming-network-sgn/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-3886" title="SGN Logo" src="http://mediaserver.pulse2.com/uploads/2008/07/sgn-logo.png" alt="SGN Logo" width="150" height="89" /><br />
A couple months ago, Social Gaming Network raised $15 million in Series A from investors such as Greylock, Columbia Capital, Founders Fund, and Novak Biddle Venture Partners.  Now the company has another solid investor backing them up, founder of Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos.  Bezos invested through his firm, <span style="font-size: x-small;">Bezos Expeditions.</span></p>
<p><span style="font-size: 10pt;">&#8220;We are proud to be announcing the Bezos Expeditions investment,&#8221; stated Shervin Pishevar, the CEO of SGN. &#8220;Mr. Bezos&#8217; knowledge and experience lends itself to the growth and expansion of the social gaming ecosystem. His participation in our funding will allow us to continue capturing new demographics in gaming by distributing the highest quality games available on the social web.&#8221;</span></p>
<p><span style="font-size: 10pt;">Social Gaming Network specifically designs games and applications for mainstream social networks.  Some of the games that SGN has developed includes Warbook, Jetman, Street Race, Text Twirl, Free Gifts, FightClub, Nicknames, and Superlatives.</span></p>
<p><span style="font-size: 10pt;"><span style="font-size: 10pt;">&#8220;SGN has the expertise to bring gaming into entirely new markets.&#8221; stated Steve Campbell, the CIO of Bezos Expeditions. &#8220;There&#8217;s an obvious benefit to gaining such deep traction in the social networking area.&#8221;</span></span></p>
<p><span style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Related Links:</strong><br />
<a href="http://www.socialgn.com/">SGN</a></span></span></p>
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		<title>ChaCha&#8217;s New Strategy, Call Them To Search For You</title>
		<link>http://pulse2.com/2008/06/24/chachas-new-strategy-call-them-to-search-for-you/</link>
		<comments>http://pulse2.com/2008/06/24/chachas-new-strategy-call-them-to-search-for-you/#comments</comments>
		<pubDate>Tue, 24 Jun 2008 23:48:28 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[ChaCha]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=3783</guid>
		<description><![CDATA[About two months ago I wrote about how you can get your questions answered by ChaCha when sending a text message to 1-800-224-2242 (1800-2CHACHA).Â  Today ChaCha has an additional feature to use with that phone number. Now when you actually &#8230; <a href="http://pulse2.com/2008/06/24/chachas-new-strategy-call-them-to-search-for-you/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><a href="https://www.chacha.com/"><img class="alignnone size-full wp-image-3782" title="ChaCha Logo" src="http://mediaserver.pulse2.com/uploads/2008/06/chacha-logo.png" alt="ChaCha Logo" width="183" height="94" /></a><br />
About two months ago <a href="http://pulse2.com/2008/04/01/chacha-loses-chatrooms-goes-for-mobile-search/">I wrote about how</a> you can get your questions answered by ChaCha when sending a text message to 1-800-224-2242 (1800-2CHACHA).Â  Today ChaCha has an additional feature to use with that phone number.</p>
<p>Now when you actually call the number instead of text messaging it, a ChaCha guide will answer the phone and search the web to provide solutions to your question.Â  The service is free and available 24/7.Â  The question must be asked in English in order to get a formal response back.</p>
<p>&#8220;ChaCha&#8217;s new voice capability pushes the boundaries of mobile 411 beyond its historical name-and-address limit&#8221; stated Greg Sterling, principal of Sterling Market Intelligence.Â  &#8220;It represents a next step in the evolution of the industry from directory assistance to voice search.&#8221;</p>
<p>This feature is called callChaCha and it was launched in beta testing around April 2008.Â  ChaCha was funded by Bezos Expeditions, who also <a href="http://pulse2.com/2008/06/24/twitter-gets-15-million-from-spark-capital-amazoncoms-jeff-bezos/">recently funded Twitter</a>.Â  ChaCha raised over $6 million in funding to date.</p>
<p>ChaCha has shifted away from their chat room model about 2 months ago.Â Â  ChaCha is crazy.Â  What will they think of next?Â  If anyone tries out the call service, please leave a comment about your experience with callChaCha.</p>
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		<title>Bezos Expeditions Completes a Private Equity Buyout of ExpenseWatch.com</title>
		<link>http://pulse2.com/2007/04/22/bezos-expeditions-completes-a-private-equity-buyout-of-expensewatchcom/</link>
		<comments>http://pulse2.com/2007/04/22/bezos-expeditions-completes-a-private-equity-buyout-of-expensewatchcom/#comments</comments>
		<pubDate>Sun, 22 Apr 2007 23:23:29 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[37signals]]></category>
		<category><![CDATA[Bezos Expeditions]]></category>
		<category><![CDATA[ExpenseWatch]]></category>

		<guid isPermaLink="false">http://pulse2.com/2007/04/22/bezos-expeditions-completes-a-private-equity-buyout-of-expensewatchcom/</guid>
		<description><![CDATA[Jeff Bezos&#8217; personal investment company, Bezos Expeditions has completed a private equity buyout of ExpenseWatch.com.Â  ExpenseWatch is based in Conshohocken, PA.Â  ExpenseWatch was founded in 2000 and has 10,000 customers in 16 cities.Â  Essentially, the software that ExpenseWatch develops generates &#8230; <a href="http://pulse2.com/2007/04/22/bezos-expeditions-completes-a-private-equity-buyout-of-expensewatchcom/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img align="baseline" src="http://mediaserver.pulse2.com/uploads/2007/04/bezos-expensewatch.png" alt="Bezos Expeditions / ExpenseWatch.com Logos" title="Bezos Expeditions / ExpenseWatch.com Logos" /><br />
Jeff Bezos&#8217; personal investment company, <strong><a href="http://www.bezosexpeditions.com/">Bezos Expeditions</a></strong> has completed a private equity buyout of <strong><a href="http://www.ExpenseWatch.com">ExpenseWatch.com</a></strong>.Â  ExpenseWatch is based in Conshohocken, PA.Â  ExpenseWatch was founded in 2000 and has 10,000 customers in 16 cities.Â  Essentially, the software that ExpenseWatch develops generates expense reports and automates them for subscribers and customers.</p>
<p>Between 2006 and 2007, ExpenseWatch gained 6,500 new subscribers and 82 new customers.</p>
<p>&#8220;Expensewatch.com is a terrific, customer-focused company with a value proposition that makes sense for every small-to-midsize business. Until recently, integrated expense control across travel and entertainment, invoice management and purchasing was really only affordable for the largest companies. Expensewatch.com is changing the way we think about expense managementâ€”the online tools are easy to use and automate time consuming paper flow,â€ stated Stephen Campbell, CIO of Bezos Expeditions. â€œWe see significant opportunities for growth in this market as more and more businesses experience the benefits, great value, and ease-of-use of web-based applications and services.&#8221;</p>
<p>The investment amount is unknown.Â  A competitor of ExpenseWatch is Redmond, WA-based <strong><a href="http://www.concur.com/">Concur</a></strong>.Â  Jeff Bezos is the founder of Amazon.com and is Time Magazine&#8217;s 1999 &#8216;Person of the Year.&#8217;Â  Bezos Expeditions is also <strong><a href="http://www.37signals.com/svn/archives2/bezos_expeditions_invests_in_37signals.php">an investor in 37signals</a>.</strong></p>
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