Congratulations to one of our portfolio companies – Quixey. The company confirmed reports that it had raised $60m at a valuation of $600m, with Alibaba and Softbank amongst the investors in the round.
With today’s launch of Downtown, Palo Alto residents will be able to purchase goods from a curated list of high quality local stores. Their purchases can be delivered for free or picked up the same day. Local shopping can be frustrating and time consuming. Avoiding the travel and the point of sale has been a […]
Chance by just.me is the first app to be produced by the new just.me (just.me 2014 Inc). After a successful launch on 1 January the app has had tens of thousands of downloads, has a highly engaged user base with average session times above 15 minutes, and is truly global, having established users in more […]
TechCrunch is reporting that one of the Archimedes Labs portfolio companies – QFactor – has raised a $6.5m round of financing from Sigma Prime Ventures and Venrock. I first met Subhash Roy in March 2012. He was a former associate of Archimedes CEO Kambiz Hooshmand. Subhash had licensed and developed a new algorithm that on […]
We are excited to be partnering with xTV as the first investor in their new funding. xTV is a business to business platform enabling any owner of video assets to create their own branded TV Network, with an always on, 24/7 presence. The Network leverages both on-demand and live programming by integrating YouTube and other […]
Palo Alto, CA, 1pm, 14 February 2013 Happy Valentines Day everybody. If you are thinking of going Wind Surfing with a loved one, or perhaps Skiing, Kiting, Surfing, Snow Boarding. In fact any sport where the weather is key. Then you need Weendy. It is in the iTunes App Store and the Google Play Store. […]
just.me went into beta on 21st January. Archimedes Labs partner Keith Teare, the CEO at just.me did 2 interviews whilst at DLD in Europe: The Guardian Podcast and An Interview with xube.tv The beta launch coverage has been wonderful…. http://allthingsd.com/20130123/just-me-app-wants-tobe-a-switchboard-operator-for-all-your-messaging-needs/ http://pandodaily.com/2013/01/23/just-me-launches-in-beta-is-this-what-facebook-would-have-looked-like-if-it-were-built-for-mobile/ http://blog.evernote.com/opportunitynotes/2013/01/23/just-me-holds-these-names-to-be-self-evident/ http://thenextweb.com/apps/2013/01/25/just-me-iphone-beta-launch If you have iOS6 and want to try the beta, DM Keith […]
Archimedes Labs was the first investor in Dominik Balough and Pavel Serbajlo’s M.dot. We are pleased to see that the founders have been busy on 2 fronts. Firstly their app has been launched in the Apple app store. It has garnered a ton of positive reviews quickly.. A great example is this one: Very cool […]