Tag Archives: Songza

Top 20 Mobile & Apps Deals for July 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $19,000,000,000 WhatsApp Facebook Mobile & Apps Acquisition
2 $1,500,000,000 AirWatch VMWare Mobile & Apps Acquisition
3 $900,000,000 Viber Media Rakuten Mobile & Apps Acquisition
4 $613,872,000 Tele2 Teliasonera Mobile & Apps Acquisition
5 $360,000,000 Check Intuit Mobile & Apps Acquisition
6 $215,000,000 Tango Alibaba Mobile & Apps Investment
7 $100,000,000 Didi Citic, Tencent Mobile & Apps Investment
8 $100,000,000 Toutiao Sequoia Capital, Weibo Mobile & Apps Investment
9 $80,000,000 Aviate Yahoo Mobile & Apps Acquisition
10 $80,000,000 Ele.me Dianping Mobile & Apps Investment
11 $68,720,000 Hoccer Media Ventures GmbH Mobile & Apps Investment
12 $50,000,000 Life360 Consortium Mobile & Apps Investment
13 $50,000,000 Kony Consortium Mobile & Apps Investment
14 $46,000,000 Wattpad Consortium Mobile & Apps Investment
15 $40,000,000 Easy Taxi Phenomen Ventures, Tengelmann Ventures Mobile & Apps Investment
16 $39,000,000 Songza Google Mobile & Apps Acquisition
17 $35,000,000 Meet You Consortium Mobile & Apps Investment
18 $30,000,000 Whisper Consortium Mobile & Apps Investment
19 $30,000,000 Crittercism Consortium Mobile & Apps Investment
20 $30,000,000 Lettuce Apps Intuit Mobile & Apps Acquisition

More information

  1. Facebook Buying WhatsApp For $19B, Will Keep The Messaging Service Independent (TechCrunch)
  2. VMWare’s $1.5B AirWatch Buy All About Mobile Workplace (TechCrunch)
  3. Rakuten Acquires Viber for $900M (FinSMEs)
  4. Teliasonera acquires Tele2 Norway for €450 million after regulatory “failure” (European Communications)
  5. Intuit Buys Check App for $360 Million (Fox Business)
  6. Alibaba Sinks $215 Million Into Messaging App Tango, Valuing It At More Than $1 Billion (Forbes)
  7. Chinese Taxi App Didi Secured $100 million in Series C Funding (TechNode)
  8. Sequoia, Weibo Invests $100M In News App Toutiao (China Money Network)
  9. Source: Yahoo Bought Aviate For $80M (TechCrunch)
  10. Online Food Ordering Service Ele.me Secures $80 Million Funding from Dianping (Technode)
  11. Hoccer Raises €50M (FinSMEs)
  12. Life360 Raises $50M in Series C Funding Led by ADT (FinSMEs)
  13. Kony Raises $50M in Financing (FinSMEs)
  14. Wattpad raises an additional $46-million in funding (The Globe and Mail)
  15. Rocket Internet’s Easy Taxi Raises $40M Series D To Expand In Asia, Latin America (TechCrunch)
  16. Songza Bought by Google for $39 Million (Liberty Voice)
  17. Period Tracker Meet You Announces US$35M Series C Funding (TechNode)
  18. Secret-Sharing App Whisper Raising Another $30 Million at $200 Million Valuation (Recode)
  19. Crittercism Raises $30M in Funding (FinSMEs)
  20. Intuit acquires Lettuce Apps for $30 million, plans to integrate the product with Quickbooks online (Pandodaily)

Curation is king

Commentary

Curation is king

Last week, Google announced that it has acquired Songza, a small music streaming company based in Long Island, New York that provides users with expert-curated playlists. The terms of the deal were not disclosed but reports suggest that the purchase price was $39 million. The deal comes on the heels of Apple’s jaw-dropping $3 billion acquisition of Beats.

So why did Google buy Songza, which only has 5.5 million active users compared to Spotify’s 24 million and Pandora’s 77 million? The answer is curation. Unlike Spotify, Pandora and even Google itself that use algorithms to construct customized playlists, Songza’s playlists are curated by people, from professional musicians and DJs to regular music fans. Songza’s handpicked playlists are designed to match the user’s mood, interests, personality, time of day, and even the weather.

What’s most interesting about the acquisition is that Google acknowledges that its powerful machine learning algorithms still need to rely on humans after all, especially in the field as complicated and as emotional as music. The deal is a win for human curation.

Top 20 Mobile & Apps Deals for June 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $19,000,000,000 WhatsApp Facebook Mobile & Apps Acquisition
2 $1,500,000,000 AirWatch VMWare Mobile & Apps Acquisition
3 $900,000,000 Viber Media Rakuten Mobile & Apps Acquisition
4 $360,000,000 Check Intuit Mobile & Apps Acquisition
5 $215,000,000 Tango Alibaba Mobile & Apps Investment
6 $100,000,000 Didi Citic, Tencent Mobile & Apps Investment
7 $100,000,000 Toutiao Sequoia Capital, Weibo Mobile & Apps Investment
8 $80,000,000 Aviate Yahoo Mobile & Apps Acquisition
9 $80,000,000 Ele.me Dianping Mobile & Apps Investment
10 $68,720,000 Hoccer Media Ventures GmbH Mobile & Apps Investment
11 $50,000,000 Life360 Consortium Mobile & Apps Investment
12 $50,000,000 Kony Consortium Mobile & Apps Investment
13 $46,000,000 Wattpad Consortium Mobile & Apps Investment
14 $39,000,000 Songza Google Mobile & Apps Acquisition
15 $35,000,000 Meet You Consortium Mobile & Apps Investment
16 $30,000,000 Whisper Consortium Mobile & Apps Investment
17 $30,000,000 Crittercism Consortium Mobile & Apps Investment
18 $30,000,000 Lettuce Apps Intuit Mobile & Apps Acquisition
19 $30,000,000 Silent Circle Ross Perot Jr., Cain Capital LLC. Mobile & Apps Investment
20 $30,000,000 Dayima Consortium Mobile & Apps Investment

More information

  1. Facebook Buying WhatsApp For $19B, Will Keep The Messaging Service Independent (TechCrunch)
  2. VMWare’s $1.5B AirWatch Buy All About Mobile Workplace (TechCrunch)
  3. Rakuten Acquires Viber for $900M (FinSMEs)
  4. Intuit Buys Check App for $360 Million (Fox Business)
  5. Alibaba Sinks $215 Million Into Messaging App Tango, Valuing It At More Than $1 Billion (Forbes)
  6. Chinese Taxi App Didi Secured $100 million in Series C Funding (TechNode)
  7. Sequoia, Weibo Invests $100M In News App Toutiao (China Money Network)
  8. Source: Yahoo Bought Aviate For $80M (TechCrunch)
  9. Online Food Ordering Service Ele.me Secures $80 Million Funding from Dianping (Technode)
  10. Hoccer Raises €50M (FinSMEs)
  11. Life360 Raises $50M in Series C Funding Led by ADT (FinSMEs)
  12. Kony Raises $50M in Financing (FinSMEs)
  13. Wattpad raises an additional $46-million in funding (The Globe and Mail)
  14. Songza Bought by Google for $39 Million (Liberty Voice)
  15. Period Tracker Meet You Announces US$35M Series C Funding (TechNode)
  16. Secret-Sharing App Whisper Raising Another $30 Million at $200 Million Valuation (Recode)
  17. Crittercism Raises $30M in Funding (FinSMEs)
  18. Intuit acquires Lettuce Apps for $30 million, plans to integrate the product with Quickbooks online (Pandodaily)
  19. Silent Circle Raises $30M (FinSMEs)
  20. Mentruation Tracking App Dayima Announces $30M Series C Funding (Tech Node)