Tag Archives: Biba Systems

Amazon acquires Biba Systems

Commentary

Video conferencing is one of the most exciting sectors in the communications industry. According to Global Industry Analysts, the global market for video conferencing services is expected to reach $2.9 billion in 2020, which might be the reason why companies like IBM, Microsoft, Oracle and Amazon are expanding beyond their core businesses and starting to beef up their video conferencing capabilities. Last week, Amazon reportedly acquired Biba Systems, a California-based video conferencing and messaging startup for an undisclosed amount. This latest acquisition follows the company’s purchase of Twitch, a live-streaming video platform, and Elemental Technologies, a software company that specialises in providing multi-screen video solutions. Analysts predict Amazon could combine all these technologies together to launch its own video conferencing service and tap into the billion-dollar industry.

Top 20 Mobile & Apps Deals for July 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $200,000,000 AirWatch Insight Venture Partners Mobile & Apps Investment
2 $102,365,000 Truphone Roman Abramovich, Minden Mobile & Apps Investment
3 $90,000,000 Pulse LinkedIn Mobile & Apps Acquisition
4 $60,000,000 Snapchat Consortium Mobile & Apps Investment
5 $50,000,000 Qwiki Yahoo Mobile & Apps Acquisition
6 $41,000,000 Foursquare Undisclosed Mobile & Apps Investment
7 $35,000,000 Houzz Consortium Mobile & Apps Investment
8 $30,000,000 Fitbit Consortium Mobile & Apps Investment
9 $25,000,000 Streetline Consortium Mobile & Apps Investment
10 $25,000,000 AirWatch Accel, Insight Venture Partners Mobile & Apps Investment
11 $25,000,000 Clinkle Consortium Mobile & Apps Investment
12 $23,000,000 TapIt Phunware Mobile & Apps Acquisition
13 $23,000,000 Slice Consortium Mobile & Apps Investment
14 $19,500,000 Kik Consortium Mobile & Apps Investment
15 $18,300,000 Kony Solutions Telstra Ventures Mobile & Apps Investment
16 $18,000,000 Keek Consortium Mobile & Apps Investment
17 $15,000,000 Zoove Consortium Mobile & Apps Investment
18 $15,000,000 Pebble Charles River Ventures Mobile & Apps Investment
19 $15,000,000 FiftyThree Consortium Mobile & Apps Investment
20 $15,000,000 Biba Systems Consortium Mobile & Apps Investment

More information

  1. AirWatch Raises $200 Million In Series A (Pulse 2)
  2. Truphone Secures £75M in Funding (FinSMEs)
  3. LinkedIn Acquires Pulse for $90M (FinSMEs)
  4. Snapchat: self-destructing messaging app raises $60m in funding (Guardian)
  5. Yahoo Acquires Qwiki For Around $50 Million (Techcrunch)
  6. Foursquare’s New $41M Round Helps It Delay Tricky Questions About Its Valuation (Techcrunch)
  7. Home Remodeling Platform Houzz Raises $35M Series C Round Led By NEA And GGV Capital, Launches Paid Pro+ Accounts (Techcrunch)
  8. Fitness And Health Tracker Fitbit Is Raising $30M At A $300M-Plus Valuation (TechCrunch)
  9. Mobile Parking Service Streetline Grabs $25M From True Ventures, Qualcomm, Citi (Forbes)
  10. Enterprise Mobility, BYOD Startup AirWatch Adds $25M From Accel To Take Its Series A Total To $225M, As It Preps For Acquisitions (Techcrunch)
  11. Clinkle Raises Celebrity-Filled $25M Round As It Gears Up To Eliminate The Physical Wallet (Techcrunch)
  12. Phunware Acquires Mobile Advertising Company TapIt Media Group For $23M (TechCrunch)
  13. Slice, The Shopping Companion Powered By Email Inbox Data, Raises $23M From Rakuten & Others (Techcrunch)
  14. Kik Raises $19.5M Series B, Bets On Its Cards Platform Play To Take On WhatsApp And Others (Techcrunch)
  15. KONY SOLUTIONS COMPLETES $18.3M SERIES D FINANCING (FinSMEs)
  16. Keek Closes $18M Funding (FinSMEs)
  17. Zoove Raises $15M in Series E Funding (FinSMEs)
  18. Pebble Nabs $15M In Funding, Outs PebbleKit SDK And Pebble Sports API To Spur Smartwatch App Development (Techcrunch)
  19. FiftyThree, Maker Of Drawing App Paper, Raises $15 Million From Andreessen Horowitz And Others (Techcrunch)
  20. BIBA SYSTEMS RAISES $15M IN SERIES B FUNDING (FinSMEs)