The latest from TechCrunch
- Social Media Technology Company Syncapse Scores $25 Million Round
- WebMediaBrands Buys Another Blog: Twittercism
- Readability Tries Again With Apple — Has The Subscription Policy Already Shifted?
| Social Media Technology Company Syncapse Scores $25 Million Round | Top |
| Syncapse , which bills itself as a social media technology company , has landed $25 million in financing from growth equity investor ABS Capital Partners , $20 million of which has already been closed. ABS Capital General Partners Ralph Terkowitz and Deric Emry will join Syncapse's board of directors. This is Syncapse’s first institutional investment – the company earlier raised a $3.3 million round and $2 million in financing from the Business Development Bank of Canada . Syncapse provides cloud-based software and services to help enterprises build, manage, standardize and measure their social media presence. The company says it will use the funds to invest in sales, marketing, and product development for its Syncapse Platform, which enables companies manage all social media marketing in a single, centralized environment. Syncapse customers include RIM / BlackBerry, Unilever, Sony and EA. The company’s board of directors notably includes includes Rob Burgess , former CEO of Macromedia, and Ian Giffen, Chairman of The Descartes Systems Group. Syncapse was most recently in the news with its acquisition of London-based social media development firm Nudge Social Media . CrunchBase Information Syncapse Information provided by CrunchBase | |
| WebMediaBrands Buys Another Blog: Twittercism | Top |
| Mediabistro.com , a division of online media and conferences company WebMediaBrands , this morning announced that it has acquired the assets of the Twittercism.com blog from founder Shéa Bennett . As you can tell from the name, the blog focused exclusively on micro-sharing service Twitter , providing tips, tricks, tweaks, tools and tutorials, as well as news, articles, opinion and rumors. The site has been around for about two years. Bennett will continue working with and writing for Mediabistro, but other terms of the acquisition were not disclosed. WebMediaBrands already operates a Twitter-focused blog called AllTwitter , which complementes other social media blogs such as AllFacebook and SocialTimes , which the media company acquired back in December 2009. About a year ago, WebMediaBrands bought social media news site Rotorblog.com, which appears to have been deadpooled now (i.e. folded into SocialTimes). CrunchBase Information WebMediaBrands Information provided by CrunchBase | |
| Readability Tries Again With Apple — Has The Subscription Policy Already Shifted? | Top |
| @readability Readability The Readability iOS app has been re-submitted. Coming soon: our open love letter to Apple. about 15 hours ago via web Retweet Reply A couple days ago, Readability was pissed off . In an open letter to Apple, they noted that the new subscription policy “smacks of greed”. And they threatened to abandon Apple’s platform in favor of the open web. This message resonated with many, as there’s a huge amount of unease about Apple’s new policy in the developer community. But now, just two days later, Readability has re-submitted their app to Apple for review. And apparently, a “love letter” to the company is forthcoming. So why the change from war to peace? Has Apple’s policy already changed? Well, no — not yet, anyway. Readability’s Richard Ziade said his tweet was a “joke” and had this to say: We did re-submit to Apple with an explanation of why we think they should approve Readability. We did not speak to anyone at Apple. We have no idea if they'll approve it. We just explained ourselves as best we could through the appeal process. So no good news yet, but there may be hope. The reason for Readability initial outburst was because Apple rejected their app on the grounds that it didn’t use their in-app purchase system — the one that would require them to give 30 percent of their revenue to Apple. The company thought this was unfair and didn’t make a lot of sense because they think of themselves as a software as a service (SaaS) company that doesn’t actually sell content, but a service. This matters because an email supposedly sent by Steve Jobs shortly after this incident claimed that the subscription rules were meant for “publishing apps, not SaaS apps”. This is a bit of a gray area because Readability does sort of serve up content, but it’s not their content, it’s re-purposed content. Still, Apple taking 30 percent of their revenues would drastically alter their business model, and could have forced them to shut down, or simply not do an iPhone app. How Apple approaches the app now post-Jobs comment will say a lot about their intentions for the policy going forward. As Ziade says, “stay tuned!” CrunchBase Information Apple Information provided by CrunchBase | |
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