BlueSprig lands $10 million investment round
Mobile security software startup BlueSprig has secured $10 million Series A funding and has debuted a beta version of its forthcoming app for Apple iOS and Android devices. The funding came from IDG-Accel’s China Growth Fund.
The beta app, AirCover, is designed to protect users from a wide range of issues including malware, viruses and even theft. Aversion can be downloaded at its web site-www.bluesprig.com. Among the features the software offers are cloud backup, and system security. The company has also released full versions of its system utility tools, JetBoost and JetClean.
The company has offices in both San Francisco and Chengdu, China and is headed by CEO Jason Johnson who has a history of successfully launching companies and then selling them to larger concerns such as Global IP Solutions which Google purchased and InterQuest Communications which was purchased by Darwin Networks.
Nielsen study tracks smartphones rise
In “State of the Media: The Mobile Media Report”, one of its latest studies market research firm Nielsen has tracked the rapid rise of smartphones in the United States and highlights the growing impact they have on the consumer market.
Among the interesting facts is that the number of smartphone subscribers using the mobile Internet has grown 45% since last year and that 87% of app downloaders have used deal of the day websites such as Groupon.
In a related report it is noted the impact that teens are having on the mobile data market, tripling mobile data consumption and showing that teens between the ages of 13-17 use an average of 320 MB of data a month, a 256% increase over last year.
Saudi Prince invests $300m in Twitter
Saudi Prince Alwaleed Bin Talal has continued his history of major investments in high tech companies this week with a $300 million stake in social micro blog company Twitter, Forbes has reported.
The investment was lead by Kingdom Holdings Co. an investment firm that he owns 95% of and which has invested in companies such as Apple, GM and News Corp. According Forbes the Prince is the 26th wealthiest billionaires’ in the world with a estimated fortune of $19.6bn.An interesting note is that he does not use Twitter.
Did the iPad kill the Netbook?
That is the point of a recent piece by Business Insider that says that Dell’s recent decision to kill off its Inspirion Mini line of netbooks is a sign that the netbook market segment is dead, and said that it sees the iPad as having killed the platform.
Dell has also recently killed its Streak tablet business but has indicated that it will most likely rejoin that space at some future date, for the time being it wants you to buy a notebook.
A look at Motorola’s latest tablet
Motorola is replacing its Xoom tablet, one of the original entrants into the current tablet market with a second generation product called the Droid Xyboard. There is two distinct models are the 10.1 a fast powerful model for the Enterprise and power users and a scaled down version called the 8.2.
Reviewers are pretty positive about the devices, with the one failing possibly being price. You can go to eWeek or Cnet for a look at the 10.1 review and to Engadget for an 8.2 review.
This and that
Amazon reports that it is selling 1 million Kindles a week.
Rumor has it that Apple is planning to release a 7.85-inch version of the iPad for release later this year?
