First Round Capital's Recent Deals

FRC has led a $1 million round (875k raised so far) for Swipely, a Providence RI startup that won't disclose what it is doing yet, acording to Xconomy.

TechCrunch reports that FRC is a return investor in a $5 million round for Outright led by Sequoia Capital. Outright provides online bookeeping services for small businesses. Could it be another Mint? Outright is based in Campbell CA.

FRC also came back for a third round in AppNexus, for $5 million lead by Kodiak Venture Partners , paidContent reports. AppNexus provides online advertising services via a cloud computing platform. It is
based in New York City.




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Daily Links 11/16/09: Cohen says Comcast Ownership of Content ‘Totally Appropriate’

Another chapter starts to unfold in the SAP maintenance story (ZDNet Blogs)


Comcast Expands Online Local Sports Teams To Compete With ESPN (paidContent)

Comcast Ownership of Content ‘Totally Appropriate,’ Cohen Says (Bloomberg)

MGM exploring potential sale of company (Reuters)
Comcast owns a minority stake in MGM.

Listening in on calls to Comcast shows it's not so easy (Chicago Tribune)

Motorola to Enhance On Demand Portfolio with Strategic Acquisition
BitBand contributes IP video delivery expertise and leading share in IPTV Video On Demand (PR Newswire)
Motorola to buy BitBand, restates IPTV intentions amid sale rumors (FierceIPTV)


Investment group approves nearly $1M in funding (Phildelphia Inquirer)
Ben Franklin Technology Partners SE invests in five area companies.

Hay Group CIO Survey
IT Poised for a Recovery in 2010 (Business Wire)

Blumenthal: Stimulus provides strong foundation for HIE (FierceHealthIT)

Harris Corporation Acquires Patriot Technologies; Expands Presence in Integrated Healthcare Information Solutions for the Federal Market
(PR Newswire)
Patriot Technologies is based in King of Prussia.

Little Benefit Seen, So Far, in Electronic Patient Records (New York Times)

TL Ventures Dispute Heads To Arbitration (And Then Back to Court) (PE Hub)
TL Ventures is headquartered in Radnor.

BarCamp indicates that Philly is ready for next step. But will it happen? (Technically Philly)

Voxware Reports First Quarter Results for Fiscal 2010
Worldwide Economic Conditions Contributed to Challenging Quarter (Business Wire)




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Philly Tech Events Calendar

People News 11/15/09

MEDecision Appoints Scott A. Storrer CEO (Business
Wire)

Comcast Names Steven A. White West Division President (PR Newswire)

Kenexa Appoints Eric Lochner as Chief Marketing Officer
Former EMEA Director to Head Global Marketing Initiatives (Marketwire)

TimeSight Systems(TM) Appoints Mike Gluck as Vice President of Sales (PR Newswire)

Lance Richard Named Entercom VP/Digital Sales (Radio Online)

Austin Paris, Former Equifax and Dun & Bradstreet Sales Executive, Joins RDC as Senior Vice President, Sales (Business Wire)

Emtec, Inc. Expands Executive Management Team with Appointment of Sunil Misra to Chief Strategy & Delivery Officer (Business Wire)

Tech Awards Circle Winners Represent Best of Tech 2009 (PR Newswire)
Chief Technologists of SevOne of Newark (DE) and Dataram of Princeton both honored.

DMW Worldwide brings on Daniela Gelety as senior AE (Philly Ad Club News)

Vijay Prasad Named to PMI Board of Directors
PMI Volunteer is First from India to Serve Worldwide Membership (Business Wire)




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Vivendi May Decide to Sell NBC Stake as Sale Window Opens Today (Bloomberg)

Comcast aspires to be a major global communications player (LA Times: Company Town)

From Books to Business: Student Entrepreneurs (ABC News)

Why must software be so hard on the user? (Philadelphia Inquirer)
Review of Electronic Ink CEO Harold Hambrose's new book, Wrench in the System.



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Comcast’s Amy Banse Explains TV Everywhere (eHomeUpgrade)

Another Web Video Face-Off: Roku vs. Boxee (New York Times: Bits)

SAP plans to raise licensing fees - report (Reuters)




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Daily Links 11/13/09: Comcast & GE agree on Board structure

For Comcast Chief, Content Led the Way (New York Times: DealBook)

GE, Comcast agree on NBC Universal JV board: source (Reuters)

Vivendi Gains Control of GVT With Purchase of 58% (Bloomberg)
This would probably indicate that Vivendi is ready to sell its NBC-U stake.

ANALYSIS: Comcast/NBCU May Create More M&A Activity
Wall Street eyes new conglom as potential buyer and seller (Broadcasting & Cable)

3 Reasons TV’s About to Get a Facelift (VentureBeat via New York Times)

@comcastcares Dishes on His Top Twitter Apps (GigaOM)

Zayo Bandwidth Expands Fiber-to-Tower Service Offerings in Philadelphia
Services Will Support Increasing Bandwidth Requirements of 3g and 4g Technologies (PR Newswire)
Zayo Expands Fiber to the Tower Effort (Telecom Ramblings)

Judge delays auction for Philly newspapers 1 week (Associated Press via Google News)
McClatchy, Philly Newspapers Battle Over Workers Comp Claims (Wall Street Journal: Bankruptcy Beat)

Global CIO: SAP's Spread Out Payment Plan Is Good But Not Enough
The ERP business has become a buyers' market and is likely to stay this way. SAP could be on the verge of capitalizing on that. (Information Week: Global CIO)

NetSuite, InsideView Pull Social-Networking Data into Enterprise (eWeek)

Google pays $30M for Gizmo5; Did the search giant just blow up the phone biz? (Daily Finance)


Aria Systems Customers Drive White-hot Subscription Revenue Growth During Economic Downturn (Business Wire)

Environmental Tectonics Corporation, Rep. Patrick Murphy Announce $40 Million Contract to Create Hundreds of Pennsylvania Jobs (PR Newswire)




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MobileMD Raises $4.75 million

PE Hub reports that MobileMD of Warminster has raised $4.75 million in a VC funding round led by Health Enterprise Partners of New York.

MobileMD provides Health Information Exchange solutions for medical organizations such as South Jersey Healthcare and Main Line Health.



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Daily Links 11/12/09: iPipeline raises another $15 million

Comcast testing WiMAX femtocells (FierceWireless)

FCC conditions on Comcast-NBC could hurt synergy (Reuters)

Comcast to Bring TV Everywhere in December (Media Experiences 2 Go: Motorola Blog)

Vivendi: No comment on NBC Universal stake (MarketWatch)

The Philadelphia Inquirer writes that Exton's iPipeline will announce tommorrow that it has raised $15 million from NewSpring Capital and Fidelity Ventures, primarily to fund further acquisitions. iPipeline is also hiring, Joe Distefano reports.
Press Release

The Insanely Rich Young Mobile Ad Broker You've Never Heard Of (Gawker)
Omar Hamoui founded Google acquisition AdMob while at Wharton.

Urban Outfitters Reports Record Earnings in Q3 (Globe Newswire via CNN Money)
Same store sales up 2%.

SAP Tells Oracle To Free Java But Keeps Own Software Closed (Information Week: Global CIO)

SAP shows off enterprise ‘augmented reality’ (IT Pro)

QVC expects 50 percent of sales coming from online by 2014 (Philly.com: Philly Inc)

Synygy Announces Positive Q3 Results with Profit Increasing 54 Percent over Prior Year (Business Wire)

EMS Formation Boosts Capacity and Performance of ToughDisk® 3500 SATA Rugged Hard Disk to Meet Growing Mass Storage Demands (Business Wire)

Unilever Awards Unisys an Outsourcing Contract to Provide End-User Services to a Multi-Regional Workforce (Business Wire)

SunGard Prospects To Try Apps on Dell Gear in New Test Center (Campus Technology)




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Vivendi may have something to say about NBC-U stake tommorrow

Vivendi may announce NBCU intentions (Philadelphia Inquirer)

WSJ: Motorola seeking buyer for Horsham set-top box business

The Wall Street Journal is reporting that Motorola is seriously seeking buyers for its set-top box business, based in Horsham. This
is not a surprise, since such a move was generally thought to be part of Motorola's strategic plan; it just indicates that they
may be getting close to evaluating actual bids. Private Equity buyers including TPG, which last week announced an agreement
to purchase IMS Health, and equipment manufacturers such as Samsung are considered possible acquirers. The business has
an estimated value of $4.5 billion. J.P. Morgan Chase & Co. and Goldman Sachs Group Inc are advising Motorola.


Goodbye Moto? (Multichannel News)

Motorola: Here’s an Idea: Let’s Sell Off Our Most Profitable Division (All Things Digital: Digital Daily)



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