Medallia has raised $50 million in funding from Sequoia Capital, which has created software to help corporations track and manage customer experiences. Sequoia Capital was the sole institutional investor in Medallia in this round. Sequoia has invested $105 million over three rounds. The valuation for Medallia was not disclosed, but we know it is up almost five times since the first round of funding in 2012.
Flappy Birds creator Dong Nguyen is working on a sequel to the popular game called Swing Copters. Nguyen was reportedly making $55,000 per day from Flappy Birds, but he took the game down because people were getting too addicted to the game, which ended up causing parents to neglect their kids and people to lose their jobs. The followup to Flappy Birds is expected to arrive on Thursday. The game will be free with ads or paid without ads.
Disney CEO Bob Iger decided to do the Ice Bucket challenge, which benefits the ALS association. As part of the Ice Bucket campaign, Iger nominated three other people to accept the challenge also — Peter Quill (from Marvel’s “Guardians of the Galaxy” played by Chris Pratt), Tony Stark (from “Iron Man” played by Robert Downey Jr.), and Olivia Pope (from “Scandal” played by Kerry Washington). All three of them accepted the challenge. Here are their videos below:
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Microsoft and Hewlett Packard are reportedly partnering on an ultra-low-cost Windows laptop computer called the HP Stream 14, which is a 14-inch Windows 8.1 computer that is expected to sell for $199. The Stream 14 has an AMD processor, a 1366 x 768 pixel display, 2GB of RAM, 32GB or 64GB internal storage, and an SD card slot. Microsoft will provide 100GB of OneDrive storage for two years with the purchase of the Stream 14, which is a similar offer that Google is offering for 100GB of Google Drive storage with every Chromebook purchase. It is unknown when the Stream 14 will be released.
Yahoo! Inc. (NASDAQ:YHOO) has acquired Israel-based advertising startup ClarityRay. Here is a statement that Yahoo! sent out about the deal:
Tesla Motors Inc (NASDAQ:TSLA) has extended the warranty on the drive unit of the Model S sedan to 8 years or infinite miles, whatever happens first so essentially 8 years. The policy first started out at four years (or 50,000 miles). Here is a blog post that Tesla Motors CEO Elon Musk wrote:
Google Inc (NASDAQ:GOOG) has acquired Jetpac, an app that uses Instagram data to curate information about cities. For example, it will find out which city is the happiest based on photos to create “City Guides.” Launched in 2012, Jetpac started out as a social travel guide on the iPad. But it shifted towards an Instagram-data driven service. Google will probably work with the Jetpac team to specifically improve search around locations using photo data. Jetpac will be removing the app from the Apple App Store in the next few days and support will be ended on September 15th.