“As of now, 37 YC cos have valuations of or sold for at least $40m.” That’s according to a recent tweet by Paul Graham.  Mr. Graham elaborates in a follow-up tweet that 37 is from a total 511 companies.  So about 7% of all YC companies either are, or were at the time of their [...]

Parse Facebook Parse has been acquired by Facebook, as announced today on the Parse company blog and Facebook Developer blog.  Parse is a platform-as-a-service for creating full-featured mobile apps.  The “Heroku for mobile” went through YC S11 and now powers more than 60,000 apps.  Comments from Parse and Facebook indicate this acquisition addresses long-term objectives [...]

Upverter Pebble Octopart CircuitHub Lockitron Double Robotics Boosted Boards Upverter held a hardware hackathon at Y Combinator HQ last Saturday, posting photos of the event and a recap on the Upverter blog.  Setup began at 7 in the morning and clean-up finished after 11 at night.  The hackathon had 300 applicants that resulted in over 130 attendees, [...]

Airbnb Quora Foursquare Facebook Airbnb could soon be a billion dollar a year business, explains Business Insider.  Every time I get ready to write about Airbnb they have more news.  This past November, Airbnb announced Airbnb Neighborhoods and also Local Lounges.  In December, Airbnb acquired Localmind, a popular local question and answer app that’s been described [...]

PG Virool Alex Debelov PagerDuty Andreessen Horowitz 42 Floors NEA Bessemer Venture Partners Thrive Capital Columbus Nova Technology Partners Jason Freeman Cloudant Samsung Venture Investment Corp. The 464 startups prior to YC’s current batch have each raised an average of $3.18 million dollars, according to a recent tweet by Paul Graham.  The math on that [...]

FarmLogs PageLever Unified Simperium SimpleNote Automattic WordPress.com FarmLogs, from YC W12, recently raised a million dollars in seed funding, reports TheNextWeb.  FarmLogs makes software for the farming industry that enables farmers to “forecast and measure profits, track expenses, manage risk, and get informed all from one place” (CrunchBase).  FarmLogs says the funding will be used to “expand its team [...]

PG Colleen Taylor Facebook Y Combinator’s upcoming batch will likely be “less than 50″ companies, according to Paul Graham’s latest essay.  This is following recent news that YC’s “Start Fund” has been replaced with a new $80k “YC VC” program. Y Combinator’s summer 2012 batch was its biggest yet, consisting of over 80 companies of [...]