The Great Replacement: Microsoft, Yammer, and a New World in Enterprise Computing (PandoDaily)
Will social software startups "collapse into the orbit" of the big vendors? (Dion Hinchcliffe/ZDNet Blogs)
Covering the Digital Age in Philadelphia ( Enterprise Software, Cloud, SaaS, Mobile, Telecom, Digital Media, IoT, eCommerce, Startups, Venture Capital)
Tom Paine
"The Infonautics Team & A Generation of Startups" was held this past Tuesday at Quorom at University Science Center. I had written a brief background piece on Infonautic's history prior to the event. Although I wasn't able to cover the event, Mike Armstrong of the Inquirer and Technically Philly's Juliana Reyes both provided excellent reports.
Although this event was certainly most worthwhile, co-sponsors Novotorium and Seed Philly subsequently announced they had decided to cancel most of the remaining "Entrepreneur Summer Camp" schedule, of which this was the kickoff event, citing what might have been an overly ambitious program competing with many other activities for a sometimes sparse summer crowd, as Novotorium's Mike Krupit explains. However, the Summer Camp Not-a-Hack-a-Thon Entrepreneur Sleepover on June 27 & 28 is definitely a go.
Labels: Chappaquiddick, Comcast, Microsoft, NextDocs, ShopRunner, TechCrunch, Uber, Workday, Yammer
Tom Paine

California-based social game maker RockYou, in which First Round Capital was an early stage investor, announced yesterday it was acquiring Ryzing, a Philly-based social game developer backed by area VC firm Artists & Instigators (formerly SeventySix Capital). Terms were not disclosed.
Ryzing's primary product is "Bingo by Ryzing" on Facebook, with more than 75,000 daily users. Ryzing's gaming platform gives players a chance at winning prizes through sweepstakes drawings. RockYou had already taken over distribution responsibilities for the game, which was released in 2011, earlier this year. Although RockYou's sweepstakes format enables it to avoid restrictions on cash payouts, if online gambling were to be legalized it has the potential to skyrocket.
Wayne D. Kimmel, founder and managing partner of Artists & Instigators, told me via Twitter DM that Ryzing's 6 person team was staying in Philadelphia and, in fact, they are looking to hire more people. Kimmel will also be joining RockYou's board.
Ryzing's team is led by Manu Gambhir, who has Wharton and Computer Science degrees from UPenn,and ran Cantor Fitzgerald's online gaming business in the United Kingdom (I had no idea Cantor Fitzgerald ever had an online gaming business). Dr. Dmitry Cherkassky, a UPenn Computer and Information Science PHD, led the design of the gaming system's architecture.
RockYou also announced yesterday it was relocating its headquarters from Redwood City, CA to San Francisco. It has raised $129 million, according to Crunchbase. First Round Capital participated only in the seed round; later, larger investors have included Softbank, Lightspeed Venture Partners, Sequoia Capital and Doll Capital Management.
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Labels: Bill Merrit, Dani Diaz, Dell, HANA, InterDigital, Microsoft, Qliktech, Quest Software, SAP, Yammer
Tom Paine
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| MSNBC's Chris Matthews cutting ribbon at opening of VideoLink's new Philadelphia facility (Source: VideoLink) |
Labels: Highlights
Philly EnterpriseTech Highlights 3/5: eMoney Advisor, ERT, ACG Philly, J&J https://t.co/oNAFiqXdQL
— Tom Paine (@phillytechnews) March 6, 2019
New: Philly ACG SaaS & Tech Enabled Services Conference on March 12 in Philly; Big opportunity for area. https://t.co/kr85rOPRSK pic.twitter.com/xT8hcZiuoh
— Tom Paine (@phillytechnews) March 6, 2019
New: Veeva beats guidance; Announces President Matt Wallach will retire from Management; join board in 2020 https://t.co/P8b32buQ2M #VEEV pic.twitter.com/hOcAPGCf3f
— Tom Paine (@phillytechnews) March 6, 2019
Philly EnterpriseTech People News 2/17/2019: From Dorm Room Fund to Bessemer Partner; NBC/ Telemundo exec on Walmart board https://t.co/OEGBGH1pSq pic.twitter.com/lEMS7HPDIg
— Tom Paine (@phillytechnews) March 4, 2019
New: PE Hub Buyouts: Philly's InstaMed seeking buyer #InstaMedhttps://t.co/m8VwbtYX5Q pic.twitter.com/aeHhGSoZcg
— Tom Paine (@phillytechnews) March 4, 2019