Parse Acquired By 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 for both […]

37 YC Startups Valued Over $40m Revisited

37 YC Funded Companies Valued Over $40m is a post I wrote about a month ago.  Six of the 37 companies valued over $40 million dollars were exits.  I omitted any guess as to the remaining 31 companies.  Since writing that, I’ve noted exits of seven additional companies.  I’ve also done some quick research as to […]

Stripe Adds New Merchant Features

Stripe has added new support for payouts, announced on the Stripe company blog.  Payouts enable businesses to automate sending money through Stripe to bank accounts of third-party recipients.  These new features are especially useful for marketplaces, which have recently reached new levels of demand because of both smartphones and the so-called share economy.  The new payout […]

37 YC Funded Companies Valued Over $40m

“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 […]

Companies

General Description
Parse

Batch:
ycs11

Location:
San Francisco

CrunchBase:
parse

Hacker News:
n/a

Status:
acquired by facebook for $75m

Market:
mobile-specific platforms and development tools
Parse is Heroku for mobile apps. Parse provides cloud services for mobile developers. It makes it dead simple to add a backend to your iOS or Android app.