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Wednesday, 29 June 2011 - Social networking browser backed by Khosla, Accel |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read UPDATE 1-Los Alamos scurries to protect nuclear lab from fire 28 Jun 2011 Judge blocks testimony from Casey Anthony fiancĂ© 28 Jun 2011 Mel Gibson reaches divorce deal with longtime wife | 28 Jun 2011 BofA near $8.5 billion settlement on securities 28 Jun 2011 Special Report: A little house of secrets on the Great Plains | 28 Jun 2011 Discussed 221 Biden deficit-cut talks hit impasse: Rep. Cantor 139 CBO sees government benefits swamping U.S. economy 114 Fragile economy pushed Obama to tap oil reserves Watched A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 China's luxury fast train debuts Mon, Jun 27 2011 Social networking browser backed by Khosla, Accel Tweet Share this Email Print Related News Microsoft rolls out Office in the cloud Tue, Jun 28 2011 Zynga IPO could raise $2 billion, file Wed: source Tue, Jun 28 2011 UPDATE 5-Zynga IPO could raise $2 bln, file Wed -source Tue, Jun 28 2011 Venture firms seek light green tech bets Tue, Jun 28 2011 News Corp close to selling Myspace: source Tue, Jun 28 2011 Analysis & Opinion Tech wrap: Microsoft reaches for the cloud Google+ — Don’t call it the Facebook killer (for now) Related Topics Technology » Media » Facebook » By Sarah McBride SAN FRANCISCO | Wed Jun 29, 2011 12:24am EDT SAN FRANCISCO (Reuters) - RockMelt, a Web browser that integrates Facebook and other social media, reeled in two more Silicon Valley heavy hitters in a new $30 million round of financing. Accel Partners and Khosla Partners joined existing investor Andreesen Horowitz in this latest round, the company and investors said. Accel's Jim Breyer and Khosla's Vinod Khosla will take observer roles on RockMelt's board. Rockmelt lets Facebook users send messages from their main browser screens and signals when there is news a reader wants -- a new Tweet or an update on a favorite website. The idea is to make the Web browser, increasingly the portal for applications as well as Web surfing, a one-stop shop for people hooked on social media. Many of these features are the result of a partnership of RockMelt and Facebook, which is also backed by Andreesen Horowitz. Breyer called a browser built to optimize social media "a compelling opportunity." The company helps to use better timing and execution to avoid the fate of Flock, a browser that integrated social media but never achieved a critical mass of users, said RockMelt co-founder and Chief Technology Officer Tim Howes. Social-gaming company Zynga bought Flock earlier this year, and then announced in April it would discontinue support of the browser. "They were just simply too early," said Marc Andreesen of Andreesen Horowitz, one of RockMelt's early backers, about Flock. The cash will allow the roughly 40-person company to grow faster and develop partnerships in areas such as music, e-commerce and gaming, company executives said. RockMelt's goal is to amass "hundreds of millions" of users as use of social media like Twitter and Facebook becomes increasingly pervasive, but its executives declined to specify a time frame or be more specific about numbers. Currently, about 1 million customers have tried RockMelt, of which several hundred thousand are active users, said RockMelt Chief Executive and co-founder Eric Vishria and co-founder and chief technology officer Howes. The average person uses it for 6.5 hours a day, and more than half of users are 24 years old or younger, according to the two co-founders. The company previously raised $8.2 million in September 2009 and $1.7 million in an angel round in February 2009. The company declined to give its latest valuation. RockMelt is based on Chromium, the same technology as Google's Chrome browser. On Tuesday, Google announced a Facebook competitor called GooglePlus. (Editing by Steve Orlofsky) Technology Media Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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