Chance by – new version goes live.

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Chance by is the first app to be produced by the new ( 2014 Inc).

After a successful launch on 1 January the app has had tens of thousands of downloads, has a highly engaged user base with average session times above 15 minutes, and is truly global, having established users in more than 100 countries. Almost 2 million messages have been exchanged in the first 3 weeks.

Here are a few screen dumps from Google Analytics that show the initial launch statistics.

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QFactor raises $6.5m Series A

TechCrunch is reportingScreen Shot 2013-10-29 at 9.20.08 AM that one of the Archimedes LAbs portfolio companies – QFactor – has raised a $6.5m round of financing from Sigma Prime Ventures and Venrock.

I first met Subhash Roy in March 2012. He was a former associate of Archimedes CEO Kambiz Hooshmand. Subhash had licensed and developed a new algorithm that on the face of it was like magic. It could enable a bad wireless connection to perform almost perfectly, thus re-invigorating unused bandwidth. We helped with product planning and positioning and are now happy investors in Subhash’s company. Congrats to the entire team.

xTV launches Network Builder and receives funding

We are excited to be partnering with xTV as the first investor in their new funding.

xTV is a business to business platform enabling any owner of video assets to create their own branded TV Network, with an always on, 24/7 presence. The Network leverages both on-demand and live programming by integrating YouTube and other video sources, Ustream, LiveStream and other live sources, and feeds, such as a Twitter feed. The end result is a Computer, Big Screen or mobile viewing experience. A mobile device also has “second screen” capabilities.

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xTV has set up several experimental networks, including one for TechCrunch TV (which I originally set up). I have to say that the ability to watch TCTV on a big screen (say in a lobby) or at home whilst working, makes me see a lot more of the content that I otherwise would. It also screams out for more real time content from TCTV. I can’t wait for the editors to make video production a matter of reflex every time they write a story. Perhaps interviewing the person via Skype along with their written notes. A regular news show would also sit well with me.

As we move to a world of connected TV’s, set top boxes and other “Over the Top” delivery mechanisms, those who invest in video content, especially live content available on-demand too, will reap the rewards as audiences grow and distribution expands. xTv is a great set of tools to begin the work of moving into this space. It adds brand coherence to otherwise dispersed video assets, whilst improving discoverability, watchability and engagement.

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You can check out the experimental Networks at

Or tune into TechCrunch TV at

Archimedes Labs leads Weendy funding

Palo Alto, CA, 1pm, 14 February 2013

Happy Valentines Day everybody. If you are thinking of going Wind Surfing with a loved one, or perhaps Skiing, Kiting, Surfing, Snow Boarding. In fact any sport where the weather is key. Then you need Weendy. It is in the iTunes App Store and the Google Play Store.

The founders – Katerina Stroponiati and Yiannis Varelas – are Greek. Try saying “Windy” with a Greek accent and you get Weendy. A nice touch :-).

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As they say on their web site:

“Find and share the best wind, wave and snow conditions with friends and people nearby with the same interests.”

It speaks for itself. And tens of thousands of beta users agree.

Today TechCrunch and the Wall Street Journal announced that Archimedes Labs had led the seed funding of Weendy. We are excited to be in business with the Company. Lets go Weendy!

The Founders Couch

All founders need a shrink… I know, I have been a founder many times and it doesn’t get any easier to figure out who is blowing smoke and who is giving sound advice….And even though you are Superman to your team, you know you are mortal.

So… in the past few weeks I have started offering up an event called “The Founders Couch”. It has proven to be wildly popular, and the best thing, if we agree to do it, it is free.

What is the Founders Couch? Well, it depends. For some it is a mentoring session, 1 on 1, with the founder and myself. For others it has involved bringing in the whole team. It focuses on your core issues around your company or your product. Those can be funding strategy, partnerships, technical issues, design issues, features, virality, market focus or anything else, so long as they are your core issues.

If you are interested ping me on email.