Investment and Acquisition Action in Browser Extensions – Congrats Macte Labs! by Kevin Dwinnell

It was just in April that Conduit confirmed J.P. Morgan’s purchase of a $100 Million stake in the company, and pushed its valuation to $1.3 billion. Big money. That must have sparked others to look at the browser extension space for other rising stars. Based on a PR Newswire release yesterday, at least some of those discussions have come to fruition.

It’s not so surprising to see the surge in activity. The desire and the effort to cut through the clutter of information is high. For products that carve out a connection to the user in the browser, it provides a persistent presence to the online user in an environment where its much easier to capture some of the users attention through the course of the day. Despite these similarities, there are some differences that separate the Neobars created by Macte Labs and the community toolbars and mobile apps offered by Conduit.

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Posted in Commentary | Tags: browser extension, community toolbar, Conduit, macte labs, PR Newswire, Web portal, Wibiya, yippy | No Comments »