Archive for: purchased

Strings: Letting you Know What Your Friends Have Purchased, Listened Too or Watched Online

Strings is a new startup that aims to help users filter meaningful content across the web. After heading to the Strings site and signing up you are able to download their software for either PC or Mac. Once the software is downloaded you are able to add Trackers to your site, Trackers make it easy to curate everything from the songs you play, to movies you watch, and products you buy.

Strings also has a great sharing option in which you can see what your friends have been purchasing, playing or watching.

Im all for filtering tools that run through the huge amount of internet content and break it down so it only provides you with something that is useful. However, Strings just seems to be a little too complicated and not really well explained. I can see my Dad for example logging on and using this service, cause it just doesnt simplify itself. Its a shame because the design and idea behind the site is pretty sound, its just the execution.

Mozy Acquired for $76 Million by EMC

It has been already reported by the big boys (Techcrunch and Mashable) that Online Storage company Mozy has been acquired by EMC Corporation. Mozy is reported to have nearly $40 billion market cap. According to two sources close to the deal the price is $76 million.

Mozy raised $1.9 million in capital, which was led by Wasatch Ventures, so this seems to be a very good exit for Mozy. In contrast major competitor Carbonite has raised $21 million in VC funding, so they might be a little pushed to match this kind of exit on capital.