In less than 2 years since launching, Mint.com is supposedly selling themselves to Intuit Inc. Mint.com is a financial tool that allows you to aggregate all of your bank and credit card information and find ways to save money. The deal is expected to close within the next few days.
Mint had launched at the TechCrunch50 conference two years ago and took the top prize giving them $50,000. Mint raised $31.8 million in total funding from First Round Capital, Felicis Ventures, Shasta Ventures, Benchmark Capital, Sherpalo Ventures, Hite Capital, DAG Ventures, and The Founders Fund. Angel investors in Mint include Ron Conway, Mark Goines, Geoff Ralston, and Dave McClure.
This acquisition is interesting because Intuit had previously sent Mint a letter demanding an explanation for how they jumped to 850,000 users within several months.
Mevio, a video website that was founded by Ron Bloom and Adam Curry started the company originally to podcast. About 4 years later, the founders decided to rename their former company, Podshow to Mevio. Mevio hosts original videos and will allow others to syndicate their content.
This idea impressed Crosslink Capital, Sequoia Capital, Kleiner Perkins, DAG Ventures, and Sherpalo Ventures because these companies gave Mevio $15 million in Series C. All of these VC firms were previous investors as well. To date, Mevio has raised about $38 million.
Some of Mevio’s clients include Coca-Cola, Anheuser Busch, and Hewlett Packard. Mevio has over 1 million hours of video content. Mevio also self-proclaims themselves as a leading site to discover new artists and free use licensing for original music.
Yesterday, First Round Capital has decided to join Ram Shriram of Sherpalo Ventures for investing into Stikkit’s Series A round of funding. The announcement was published in the Stikkit Values of N blog and was also covered by StartupSquad. Stikkit is based in Portland, Oregon and the Stikkit team is lead by Rael Dornfest, a former CTO of O’Reilly Media.
Stikkit allows users to save information and transfer it to various other event-tracking applications such as Microsoft Outlook, Google Calendar, iCal, and 30Boxes. According to StartupSquad, users can also transfer to-do lists, directories, and bookmarks using Stikkit as well.
First Round’s funding was influenced by Rael spending time with First Round managing partner, Josh Kopelman during the early stages of Stikkit development. Through the funding, First Round partner, Rob Hayes entered the Stikkit Board. Hayes then influenced Rael and the Stikkit team to share office space with Platial, “The People’s Atlas” technology company.
Personally, I have not tested out Stikkit since I stopped creating to-do lists after graduating college, but I do believe that Stikkit software would be useful for those who are dependent on computers for their daily event-tracking needs. Below is a screenshot from StartupSquad:
