Top 20 B2B Startups with the Most Momentum Lead by Disqus, Virool & Bitnami

Last week I published the April index of startups ranked by momentum. But scrolling through hundreds of rows isn’t much fun when all you really want to find the diamonds in the rough, so I thought I’d pull out the top 20 B2B companies with the most momentum right now. The index is built using time series data collected on several signals to create a momentum score combining the footprint of the company and the velocity of changes in the signals. It’s also designed to let consumer and B2B startups…

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Lawsuit Names Venture Capitalists & Payments Startups in Alleged Violations of California Money Transmission Act & Bank Secrecy Act

A lawsuit has been filed by Think Computer Corporation – the firm lead by Aaron Greenspan, who has a history of suing Facebook in the past – in the Northen District of California San Jose Division Courts naming a long list of well known investors, venture capitalists and popular startups in a request for injunctive relief. Sources have point out that Greenspan previously sued the State of California Department of Financial Institutions in 2010 for $999,000 of injunctive relieft, claiming that the California Money Transmission Act (MTA) was unconstitutional. I…

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3D Printing Startup Shapeways Raises Massive $30M Series C

In a regulatory filing Shapeways, the marketplace for 3D printing, revealed the company has raised $30M in a new round of venture funding from Andreessen Horowitz, Union Square Ventures, Index Ventures and Lux Capital. The round was lead by a16z and Chris Dixon has joined the Shapeways board of directors. The company enables anyone to design and produce one-of-a-kind bespoke products using 3D printing. Turns out this was already covered by TechCrunch back in April — oh well! — Shapeways is such a cool company why not write it up…

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HealthFleet Raising $3M Series B for SaaS Interactive Healthcare Management

According to a regulatory filing HealthFleet, a Boston-based health technology startup, is raising up to $3M in venture capital. The company previously raised a $1.1M Series A in August 2012. HealthFleet’s platform connects patients with counselors (nurses, nutritionists and other caregivers) and health management content to help manage their health beyond the hospital or doctor’s office. Founder and CEO Bill Van Wyck has quite a track record for founding companies and taking the public. According to the HealthFleeet about page: Prior to founding HealthFleet, Mr. Van Wyck founded RedRoller, the…

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Funders Club Announces It Will Take 20% Carry on Future Investments

FundersClub, the first online venture capital firm recognized by the SEC, announced in an email today that it will now take the industry standard 20% carried interest on future funds formed to invest in startups on its platform for accredited investors. The announcement comes just over a month after the Securities and Exchange Commission issued Funders Club a no action letter, allowing them to operate as the first online venture capital firm in history. FundersClub only receives carry, which is a % of proceeds following some liquidity event, after 100%…

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Clustrix – #5 on YC Startup Index – Raises $16.5M Series C

This morning Clustrix announced they have raised $16.5M in a Series C round from Sequoia Capital, U.S. Venture Partners, ATA Ventures and Don Listwin. They are one of the earliest Y Combinator companies, founded in 2005 with nearly $47 million raised to date. Clustrix was ranked #5 on our Y Combinator Index for April. The Benefits of MySQL Without the Scaling Limitations Clustrix scales MySQL databases as engineering operations needs increase, simply by adding more nodes on Amazon Web Services. The company solves parallel processing challenges associated with applications that…

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New Fund Formed to Hunt Zombie VCs & Private Equity Funds

These zombie stories just won’t die. Last week Kirchner Group and Crestline Partners announced a joint effort to give limited partners (LPs) liquidity: There is an estimated $100 billion in private equity assets managed by funds past their investment periods, according to industry estimates. Many of these so-called “zombie funds” have serious issues of alignment between the general partner and limited partners. As a result, an increasing number of institutional investors are looking for creative and effective ways to restructure these funds and rationalize their private equity portfolios. Meet the…

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Startup Index: Y Combinator Companies Have More Than 2x the Momentum of 500 Startups, 3x Techstars

How to Read the Startup Momentum Index Momentum measures a quantity of motion, measured as a product of its mass and velocity. In case we want to measure the momentum of a startup (the “body”) where mass is the company’s share of web traffic (as measured by Alexa rank) and velocity is the growth trajectory of several different signals (social, inbound links, page rank, etc). It is weighted toward sustained growth, versus small spurts of growth from press coverage or a burst of paid traffic or Twitter/Facebook followers. Larger companies…

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Uber Takes on Lyft with Aggressive “Shave the Stache” Mobile Billboard

This morning at brunch Kevin remarked to me that he’d been seeing a lot more Lyft cars (a donation-based private P2P taxi service) around lately – so I was surprised at the coincidence when just an hour later the driver of the locally famous Disco Lyft car shared an this image (above) of a mobile ad billboard for competing car service Uber with the comment: I’m proud to be a part of a community with a bit more tact in their marketing and recruiting. #lyftLOVE #UBERfail Read the full Facebook…

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New York Startup Fliqq Raises $430K for Realtime Social Video

Fliqq revealed in a regulatory filing that they have raised a seed round of equity funding. It looks like the company was in startup alley (basically the expo hall) at TechCrunch Disrupt NYC last week and, according to Nibletz.com, they are currently working with celebrities like Wyclef Jean to help gain visibility and new users. The service let’s you co-watch videos with friends and layers in additional social feature to enhance the experience. This is how they explain the service on their website: With fliqq, you can watch videos together…

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