Mobile Is Going Viral. So Why Are Sequoia And Kleiner Crowing?

Mobile is finally coming into its own. Mobile startups are reaching scale, with revenue of sometimes $100 million or more. Facebook and Zynga, once tethered to the wired Internet, are seeing massive mobile traffic. And Internet radio service Pandora Media now gets more users from mobile devices than desktop computers, a reversal of the past […]

Kleiner Perkins Backs Shazam Entertainment

Shazam Entertainment Ltd., a London, UK-based developer of music recognition technology, has raised an undisclosed amount of Series D funding from Kleiner Perkins Caufield & Byers. It previously raised over $18 million from firms like DN Capital, Acacia Capital and IDG Ventures Europe.

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