Yahoo to make a bid on Groupon?

It’s no secret in Silicon Valley dealmaking circles that Yahoo has been looking at what insiders have called a “transformative” acquisition to jumpstart the company.
And while many think that has to mean grabbing one of the big content companies–such as AOL (AOL) or Demand Media–right in Yahoo’s wheelhouse, rumours say they are looking at the commerce space and more specifically the Online to Offline commerce space.
The dominating player in the space, Groupon, is being eyed by Yahoo for a bid according to rumours. This would put Yahoo smack in the middle of the hot space around Online to Offline commerce.

As we see it, it would make perfect sense, the Online to Offline commerce space is the next major wave in online advertising, and the market is up for grabs, in what might turn out to be a trillion dollar market in the US alone.

This would be a very interesting turn, as it would put some pressure on the other players in the Internet space Google, Microsoft and even Facebook or Twitter to look at M&A in the Online to Offline commerce space.

Great Interview with Andrew Mason, CEO of Groupon

Jason Calacanis, does a great interview with Andrew Mason, the CEO of Groupon, 30 minutes into the video.

Two books about Prezi have been published

Fresh from the Prezi blog:

Two new resources on how to use Prezi are out now!
Prezi for Dummies (English) explains how to think outside the traditional slide, create your project, and publish your presentation. Presenteren met Prezi (Dutch) discusses how to create better presentations using Prezi’s limitless space.

The Dutch book release was announced at Prezivent in Utrecht, organized by the book’s author Hedwyg van Groenendaal. Prezi founder and lead designer Adam was there talking about how to create better presentations with Prezi and introducing Prezi Meeting to the Dutch community. Check Hedwyg’s blog for some cool Prezivent videos!


Read more…

Work together in real time with Prezi Meeting!

Fresh from the Prezi blog:

You can now work together in real time on the same prezi! With Prezi Meeting, teams can collaborate live or simply present prezis with up to 10 people in a prezi at one time. Prezi Meeting is included in all license types.

Here’s how to start Prezi Meeting:

  • Open a prezi to edit
  • Click “Meeting” from the menu bar in the upper right corner of the screen

Now you have two options:

  1. Select “Invite to edit” to generate a link that you can send to anyone. When your invited collaborators open the link, you will see their avatars. Text, images, and videos added to the prezi are visible to everyone, giving remote team members the sensation of being in the same creative space together. (When you are invited to co-edit a prezi you will enter the Prezi Meeting in Show mode upon clicking the link. To start co-editing the prezi, switch to Edit mode).
  2. Select “Start online presentation” to generate a link that you can send to anyone. When recipients open this link, they can watch as you present, but will not be able to edit the prezi. This link expires 10 minutes after you have closed the prezi and finished the session.

Here’s how to navigate in Prezi Meeting:

  1. To follow an avatar: click an avatar and select “Take a look”
  2. To give a collaborator control of the prezi (you are currently the presenter): click on the avatar and select “Hand over presentation”
  3. To navigate on your own: click on the avatar and select “Explore freely”

To add an extra dimension to the co-editing process, you can use communications tools such as Skype.


Read more…

Witsbits close funding round with Chalmers Innovation Fund

Gothenburg and Silicon Valley, June 24, 2010

BootstrapLabs company Witsbits® AB, the Scandinavian pioneer in cloud computing solutions for metering and billing of cloud infrastructure today closed a funding round with Chalmers Innovation Seed Fund, a Swedish early stage investment fund.


The Go-Cloud technology is one of the most exciting solutions in the Cloud computing space right now. It enables Internet carriers, Service and Hosting Providers to quickly do metering and billing of cloud infrastructure.” – says Timo Lehes, Chalmers Innovation Seed Fund.

Chalmers Innovation adds both a capital injection that allows us to grow to the next level, and a network of resources to help us move Witsbits further much quicker.” – says Mikael Lirbank, CEO and founder of Witsbits.

The Cloud Hosting Platform Go Cloud™ is a software based Cloud Hosting Platform that turns current infrastructure into a full-blown Public Cloud, including both Storage and Computing. Go Cloud™ enables Internet Carriers and Server Hosting Providers to start selling their capacity through the cloud (electricity) business model. The Go Cloud™ platform provides end-users with access to the hosting providers’ server and Internet capacity in a secure and controlled manner.

Go Cloud™ is a customizable turn-key solution that enables hosting companies to provide their clients with a self-service compute and storage cloud, including billing, high-resolution utilization meters, web-API, management console, and more, from their own premises. All the components required to start selling self-serviced cloud computing are included.

About Witsbits
Witsbits (www.witsbits.com) is a pioneer in cloud computing software solutions. The company is the creator of Go Cloud™, a software suite that quickly turn of-the-shelf servers and infrastructure into a unified compute and storage cloud. It targets Server Hosting Providers and Internet Service Providers who wants to start selling Internet and server capacity in a utility-like fashion – and enable them to “Go Cloud”.

About Chalmers Innovation
Chalmers Innovation is a Swedish investment fund and business incubator that focus on high-tech rapid growth companies. Founded in 1999 by Swedish Chalmers University of Technology, Chalmers Innovation has contributed to the starting of over 90 companies. The succes rate of the incubator is one of the highest in the world with 73 out of 90 companies still in operation. Chalmers Innovation Seed Fund was founded in 2008.

For more information contact:

Nicolai Wadstrom, Witsbits USA, +1 415 935 1469, nicolai@witsbits.com

Timo Lehes, Investment Manager, Chalmers Innovation Seed Fund, +46 702 115 133, timo.lehes@chalmersinnovation.com

Mikael Lirbank, CEO and founder, Witsbits, +46 708 309 588, mikael@witsbits.com

Witsbits® is a registered trademark of Witsbits AB. Go Cloud™ is a trademark of Witsbits AB. All other trademarks are property of their respective owners. Other product or company names mentioned may be trademarks or trade names of their respective companies.

Serial entrepreneur Nils Svangard joins Witsbits

BootstrapLabs company Witsbits, add another serial entrepreneur to its advisory board that also invests an undisclosed sum in the company. Witsbits is the company behind Go Cloud™, a software suite that quickly turn of-the-shelf servers and infrastructure into a unified compute and storage cloud, for Internet service providers. More information follows:

Gothenburg, June 1, 2010. Witsbits® AB, the Scandinavian pioneer in cloud computing solutions for metering and billing of cloud infrastructure, today announce that Nils Svangård, a Swedish serial Entrepreneur invests in Witsbits and joins the Advisory team and the board of directors.

“Witsbits has one of the most promising solutions in the Cloud computing space, that enables big and small Internet carriers, Service Providers and Hosting companies, to quickly and efficiently do metering and billing of cloud computing infrastructure.

What really caught my attention in Witsbits’ Go Cloud Platform is the strong resource metering capabilities with real time usage history. Combined with the strong level of sales automation  makes it a must-have product for hosting firms of today.”

– says Nils Svangård.


“Nils Svangård is a very valuable addition to our team and our investors. His start-up and technical sales experience helps Witsbits to more quickly attract new customers.”
– says Mikael Lirbank, CEO and founder of Witsbits.

About Witsbits

Witsbits (www.witsbits.com) is a pioneer in cloud computing software solutions. The company is the creator of Go Cloud™, a software suite that quickly turn of-the-shelf servers and infrastructure into a unified compute and storage cloud. It targets Server Hosting Providers and Internet Service Providers who wants to start selling Internet and server capacity in a utility-like fashion – and enable them to “Go Cloud”.

The Go Cloud™ platform provides end-users with access to the hosting providers’ server and Internet capacity in a secure and controlled manner.
Go Cloud™ is a customizable turn-key solution that enables hosting companies to provide their clients with a self-service compute and storage cloud, including billing, high-resolution utilization meters, web-API, management console, and more, from their own premises. All the components required to start selling self-serviced cloud computing are included.

About Go Cloud™ – the Cloud Hosting Platform
Go Cloud™ is a software based Cloud Hosting Platform that turns current infrastructure into a full-blown Public Cloud, including both Storage and Computing.


It enables Internet Carriers and Server Hosting Providers to start selling their capacity through the cloud (electricity) business model.


About Nils Svangård

Nils Svangård is a Swedish serial entrepreneur with a background of research in Artificial Intelligence at Chalmers University of Technology and past 10 years starting and building companies such as Aitellu AB, ICU Intelligence AB and most recently ICE House AB, a cutting-edge behavioral targeting and realtime advertising platform for advertisers and e-commerce sites.

Nils operates a privately held fund for angel investments with focus on emerging and disruptive technologies, since Svenska Spel AB’s (the Swedish Governmental-Owned Gaming Company) recent acquisition of Playscan AB from ICU Intelligence.

For more information contact:

Mikael Lirbank, CEO, Witsbits, +46 708 30 95 88, mikael@witsbits.com
Nils Svangård, Nirusu AB, +46 702 863 763, nils@witsbits.com

Nicolai Wadstrom, Witsbits USA, +1 415 935 1469, nicolai@witsbits.com

Witsbits® is a registered trademark of Witsbits AB. Go Cloud™ is a trademark of Witsbits AB. All other trademarks are property of their respective owners. Other product or company names mentioned may be trademarks or trade names of their respective companies.

IDG Blogger Magnus Penker about BootstrapLabs [Swedish]

IDG Blogger Magnus Penker blogged about BootstrapLabs (in Swedish), read it here:

http://blogg.idg.se/magnuspenker/entry.jsp?messid=11959

Prezi close VC-round and establish advisory board with Twitter founder Jack Dorsey

21st of June, San Francisco. For immediate release.

BoostrapLabs client Prezi, Inc closed a series A-round from Danish VC SunStone Capital. At the same time Twitter founder Jack Dorsey is coming onboard as an advisor to Prezi, to assist Prezi

BootstrapLabs has been working with Prezi since February this year; advicing the founders and helping establish strategy, roadmaps, funding and advisory members for it’s US establishment, and this week it is official that:

  • Prezi, Inc has been established and Prezi now has it’s head company in the US (Silicon Valley).
  • Prezi, Inc has closed an funding round from danish VC Sunstone Capital to further accelerate the company’s product development and international roll-out.
  • TED is investing in Prezi, Inc.
  • Jack Dorsey, co-founder of Twitter, Inc (and the originator of the idea), is coming onboard as an advisory board member to advise Prezi on matters ranging from fund raising to
    technological development.

TechCrunch wrote about the funding round and there is more information on the Prezi blog as well.

Andreessen Readies a New Venture Capital Firm

The Silicon Valley star’s company has attracted lots of interest, and $300 million. Can he deliver with his innovative approach?

This is a structured angel funding approach that might work very well, see the video and read the whole Business Week article here.

Arctic Startup about Witsbits

Arctic startup’s Paula Marttila article about Witsbits not too long ago:

Witsbits, a Swedish startup company, is the first and so far only actor in the Nordic and Scandinavian region providing cloud computing services. They started already in 2004, in the era when cloud computing still was called utility computing. The journey into cloud computing began in 2003 when running Render Planet, an automated render farm service offering free, remote, distributed rendering over the Internet.”

Read more here.

Witsbits to go-to the USA with BootstrapLabs

23rd of June 2009 San Francisco and Göteborg. For immediate release, Witsbits has entered into an agreement with San Francisco based BootstrapLabs to establish US presence.

Setting up US presence is the first step of an extensive agreement between Witsbits and BootstrapLabs. BootstrapLabs is additionally to provide Witsbits with advisory and strategic planning, secure an initial round of funding from early-stage investors and to prepare for a US market entry and scale-up.

“Witsbits provides a very exciting opportunity for Hosting and DataCenter companies to quickly get on-board the Cloud Computing race. Witsbits has the right product in a market that is just opening up, and growing very quickly and I see great opportunities for Witsbits in the US and Silicon Valley, the majority of all web based services in the world is being hosted in the US, and thus the majority of the target customers for Witsbits are here in the USA.
– says Nicolai Wadstrom, CEO and founder of BootstrapLabs.

USA is the world’s biggest market for hosting web services and with a US presence, we are able to pursue that market. BootstrapLabs allows us to quickly set up presence in the Silicon Valley to capitalize on business opportunities and to be closer to future funding partners. With the momentum and reception we’ve received from our recent launch we believe we will quickly create an impact on the US market.”

– says Mikael Lirbank, CEO at Witsbits.

Witsbits (www.witsbits.com) is a cutting edge cloud computing software company. Witsbits offers a turn-key Cloud Computing platform called Go-Cloud, that includes everything from management, billing to monitoring and allows Hosting and Data center companies to quickly start to offer coud computing to their customers with the infrastructure they already own.

BootstrapLabs (www.bootstraplabs.com) is a Silicon Valley Business Lab and out-post, founded and run by Swedish serial Entrepreneur Nicolai Wadstrom. BootstrapLabs allows European companies to quickly and efficiently get an entry to the US market and Silicon Valley in particular. BootstrapLabs can help early stage companies that are in a commercialization phase and ready to go-to market to establish themselves in Silicon Valley, scale up, find licensing and partnership opportunities as well as funding and exit partners.

For more information contact:
Mikael Lirbank, CEO, Witsbits, +46708309588, mikael@witsbits.com
Nicolai Wadstrom, CEO/Founder, BootstrapLabs, +1 (415) 935 1469, nicolai.wadstrom@bootstraplabs.com

ArcticStartup.com writes about BootstrapLabs

ArcticStartup.com’s Paula Marttila wrote about BootstrapLabs today. Great article, and really sums up what we are looking for here at BootstrapLabs (and our excitement about Prezi!)

If you are a Scandinavian startup or interested in Scandinavian startups, vc’s and Entrepreneurship, make you follow ArcticStartup.com, which I think is very well on it’s way to become Scandinavia’s version of TechCrunch.

Pressrelease – Prezi to go-to the US with BootstrapLabs

28th of April 2009 San Francisco, Stockholm and Budapest. For immediate release, Prezi has entered into an agreement with San Francisco based BootstrapLabs. to help Prezi establish a US presence.

This is part of an agreement between Prezi, BootstrapLabs and CrossConnect, to provide Prezi with advisory and strategic planning and help Prezi establish a senior advisory board, secure an initial round of funding from business angels, and to reach cash flow positive within 12 months, and prepare for a US market entry and scale-up.

“Prezi is one of the most exciting companies I have worked with during my 13 years as a serial Entrepreneur, and I see great opportunities for Prezi in the US and Silicon Valley, and I think that Microsoft and Google should watch Prezi closely, because Prezi is disrupting the way we present information.”
– says Nicolai Wadstrom, CEO and founder of BootstrapLabs.

“Prezi stands out as an combination of exceptional innovation within the area of user-interface technology combined with an almost unlimited market potential. Prezi will change the way people make their presentations and the way we present and interact with information on the web; both for businesses and individuals”
– says Magnus Bergman, CEO and Partner at CrossConnect.

“USA is the world’s biggest market for presentation tools and we need to capture the strong interest we are seeing in our products. BootstrapLabs allows us to quickly set up presence in the Silicon Valley to capitalize on business opportunities and to be closer to future funding partners. And with the momentum and reception we received from our recent launch we believe we will quickly create an impact on the US market.”

– says Peter Arvai, CEO at Prezi.

Prezi (www.prezi.com) is a leading provider of a new zooming presentation technology. It allows presenters to move beyond the slide-by-slide approach and to simply create amazing non-linear presentations. Prezi launched it’s product 5th of April 2009 after a year of a closed beta period.
This week Prezi also won the award “Most likely to succeed” by the Swedish angel investor network Connect Sweden (East), which gives the company access to a a large number of business angel investors.

BootstrapLabs (www.bootstraplabs.com) is a Silicon Valley Business Lab and out-post, founded and run by Swedish serial Entrepreneur Nicolai Wadstrom. BootstrapLabs allows European companies to quickly and efficiently get an entry to the US market and Silicon Valley in particular. BootstrapLabs can help early stage companies that are in a commercialization phase and ready to go-to market to establish themselves in Silicon Valley, scale up, find licensing and partnership opportunities as well as funding and exit partners.

CrossConnect (www.crossconnect.se) is a management and technology-consulting firm that advise leading technology and service intensive companies in strategic planning and operations management. The partners at CrossConnect are serial entrepreneurs with a strong track record of building successful businesses within the area of information technology, telecom and digital media.

For more information contact:
Peter Arvai, CEO, Prezi, +36 703 403070, peter.arvai@prezi.com
Nicolai Wadstrom, CEO/Founder, BootstrapLabs, +1 (415) 935 1469, nicolai.wadstrom@bootstraplabs.com
Magnus Bergman, CEO/co-founder CrossConnect, +46-7066 417 00, magnus.bergman@crossconnect.se

IDG’s InternetWorld interview with BootstrapLabs founder

Internetworld published an article today about bootstrapLabs, although in Swedish: InternetWorld article by Miriam Olsson


If you don’t read Swedish Google Translate can (kind of) help: Translation according to Google Translate