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Revision as of 13:02, 14 August 2013 editJeremy112233 (talk | contribs)Extended confirmed users25,045 edits Whether the below added sources are RS or not is something we can debate on the talkpage, but you have no basis for the tags you've added. Who is the COI? What makes this a PR piece? Too long a history of pushing a negative slant here not to know.← Previous edit Revision as of 13:20, 14 August 2013 edit undoJeremy112233 (talk | contribs)Extended confirmed users25,045 edits Undid revision 568491195 by Edgarde (talk) See talk page about RS sources.Next edit →
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==Technology== ==Technology==
=== Browser === === Browser ===
Conduit allows publishers to create and distribute their own toolbars for web browsers. The toolbars have been described as a ] and are difficult to remove.<ref>{{cite web | title = So long, uTorrent | publisher = First Arkansas News | date = 2010-12-15 | url = http://firstarkansasnews.net/2010/12/so-long-utorrent/ | accessdate = 2013-04-30}}</ref><ref>{{cite web | title = How to Remove Conduit Search Toolbar and search.conduit.com redirect? | publisher = Anvisoft | date = 2013-06-07 | url = http://forums.anvisoft.com/viewtopic-45-5152-0.html | accessdate = 2013-08-13}}</ref> Browsers that initially supported the toolbars included Internet Explorer, Firefox, and Safari. Google Chrome was added as a supported browser in 2011. Examples of toolbars have included a Zynga-designed toolbar that helps ] enthusiasts keep up-to-date with the status of their game, another is a toolbar from eBay that provides auction updates. The content is customized to the individual toolbar rather than generalized for all users. The toolbar can also be used for general information distribution as well, which has been used by companies to engage in marketing campaigns.<ref name=Fortt /> Other companies that have developed Conduit toolbars include ], ], and ].<ref>{{cite news |url=http://usatoday30.usatoday.com/money/smallbusiness/columnist/strauss/2009-06-28-create-market-content_N.htm |author=Steve Strauss |accessdate=March 13, 2013 |date=June 28, 2009 |publisher='']'' |title=To get ahead in this e-world: Create and market content}}</ref> Some of the companies and brands that have used Conduit's platform are ], ], ], ],<ref name=Wibiya>{{cite news|url=http://techcrunch.com/2011/04/02/conduit-acquires-web-application-platform-wibiya-for-45-million-sources/|title=Conduit Acquires Web Application Platform Wibiya For $45 Million: Sources|date=April 2, 2011|accessdate=May 16, 2011|work=] | first=Robin | last=Wauters}}</ref> ], ], ], and ].<ref name=Adotas/><ref name=BigNumbers/><ref>{{cite news|url=http://teknoise.com/2011/04/03/israeli-startup-wibiya-will-be-acquired-by-conduit-for-whopping-45-million/|title=Israeli Startup Wibiya Will Be Acquired By Conduit For Whopping 45$ Million|date=April 3, 2011|accessdate=May 16, 2011|work=] }}</ref><ref>{{cite news|url=http://teknoise.com/2011/04/03/israeli-startup-wibiya-will-be-acquired-by-conduit-for-whopping-45-million/|title=Israeli Startup Wibiya Will Be Acquired By Conduit For Whopping 45$ Million|date=April 3, 2011|accessdate=May 16, 2011|work=] }}</ref> Conduit allows publishers to create and distribute their own toolbars for web browsers. Browsers that initially supported the toolbars included Internet Explorer, Firefox, and Safari. Google Chrome was added as a supported browser in 2011. Examples of toolbars have included a Zynga-designed toolbar that helps ] enthusiasts keep up-to-date with the status of their game, another is a toolbar from eBay that provides auction updates. The content is customized to the individual toolbar rather than generalized for all users. The toolbar can also be used for general information distribution as well, which has been used by companies to engage in marketing campaigns.<ref name=Fortt /> Other companies that have developed Conduit toolbars include ], ], and ].<ref>{{cite news |url=http://usatoday30.usatoday.com/money/smallbusiness/columnist/strauss/2009-06-28-create-market-content_N.htm |author=Steve Strauss |accessdate=March 13, 2013 |date=June 28, 2009 |publisher='']'' |title=To get ahead in this e-world: Create and market content}}</ref> Some of the companies and brands that have used Conduit's platform are ], ], ], ],<ref name=Wibiya>{{cite news|url=http://techcrunch.com/2011/04/02/conduit-acquires-web-application-platform-wibiya-for-45-million-sources/|title=Conduit Acquires Web Application Platform Wibiya For $45 Million: Sources|date=April 2, 2011|accessdate=May 16, 2011|work=] | first=Robin | last=Wauters}}</ref> ], ], ], and ].<ref name=Adotas/><ref name=BigNumbers/><ref>{{cite news|url=http://teknoise.com/2011/04/03/israeli-startup-wibiya-will-be-acquired-by-conduit-for-whopping-45-million/|title=Israeli Startup Wibiya Will Be Acquired By Conduit For Whopping 45$ Million|date=April 3, 2011|accessdate=May 16, 2011|work=] }}</ref><ref>{{cite news|url=http://teknoise.com/2011/04/03/israeli-startup-wibiya-will-be-acquired-by-conduit-for-whopping-45-million/|title=Israeli Startup Wibiya Will Be Acquired By Conduit For Whopping 45$ Million|date=April 3, 2011|accessdate=May 16, 2011|work=] }}</ref>


===Mobile=== ===Mobile===

Revision as of 13:20, 14 August 2013

Conduit Ltd.
File:Conduit logotype medium.png
Company typePrivate
Industry
Founded2005
Founder
  • Ronen Shilo
  • Dror Erez
  • Gaby Bilcyzk
HeadquartersFoster City, CA, United States; Ness Ziona, Israel
Area servedWorldwide
Revenue$200m (2013)
Number of employees400+ (2011)
Websitewww.conduit.com

Conduit is an online platform that allows web publishers to create custom toolbars, web apps, and mobile apps at no cost. Conduit has approximately 260 thousand registered publishers who have collectively created content downloaded by more than 250 million end-users. Web apps and pieces of content developed through Conduit's platform can be distributed and exchanged online via the Conduit App Marketplace. Currently, 60 million users consume apps from the marketplace on a daily basis.

Company

Overview

Conduit is based in Ness Ziona, Israel with offices in Foster City, CA. Currently, the company has over 400 employees. It was initially backed by $9.5 million from Benchmark Capital and Yozma Group, and recent reports state the company's valuation is approximately $1.3 billion. Other valuations have placed the company value as high as $2.5 billion. Conduit is the largest Internet company in Israel, with more than 260 million users. The founders have stated that they plan on keeping the headquarters in Israel as the company grows. It was named #24 on the Business Insider 2012 Digital 100.

History

Conduit was founded in 2005 by Ronen Shilo, Dror Erez, and Gaby Bilcyzk. Shilo, who founded the company with his own money, is now the CEO of Conduit. In 2010 Conduit then-president Adam Boyden was featured in Forbes Magazine online, in which he discussed the link between successful social gaming and marketing principles. In 2010 there were more than 100 million toolbars being powered by Conduit that were used at least once a month, which put Conduit at #29 on Google’s list of top 1,000 sites on the Internet that year. In May 2011, Conduit completed the $45 million acquisition of Israeli startup Wibiya, an engagement platform that enables publishers to integrate a variety of web applications on their site via the Wibiya Bar product. In April 2012, J.P. Morgan purchased a $100 million 7% stake in Conduit from Yozma. The resulting valuation of $1.3 billion saw Conduit become the first Israel-based billion dollar Internet company, and was highlighted by the Wall Street Journal as a part of the 2012 entries into the "$1 Billion Start-Up Club". The company uses a co-sale concept to provide dividends to employees as well as investors over time.

Technology

Browser

Conduit allows publishers to create and distribute their own toolbars for web browsers. Browsers that initially supported the toolbars included Internet Explorer, Firefox, and Safari. Google Chrome was added as a supported browser in 2011. Examples of toolbars have included a Zynga-designed toolbar that helps Farmville enthusiasts keep up-to-date with the status of their game, another is a toolbar from eBay that provides auction updates. The content is customized to the individual toolbar rather than generalized for all users. The toolbar can also be used for general information distribution as well, which has been used by companies to engage in marketing campaigns. Other companies that have developed Conduit toolbars include Major League Baseball, Greenpeace, and Lufthansa. Some of the companies and brands that have used Conduit's platform are Major League Baseball, Time Warner Cable, Fox News, Zynga, Chelsea Football Club, Groupon, Travelocity, and The Weather Channel.

Mobile

Although Conduit’s focus was initially on connecting publishers with end users via the browser, the company has since introduced a cross-platform mobile development kit that allows users to create native and web mobile applications for all major smartphone platforms and iPad in February 2011. As of December 2011, Conduit Mobile has added several new features to the product that are targeted towards musicians, including SoundCloud integration. At first Conduit's partners provide their apps and use of the app-creation platform to users for free, but requires a percentage of the advertising revenue generated from apps created with its software. The company now provides its platform with a paid subscription model. These apps and specialty toolbars include player-branded products, featuring particular players from leagues including the NFL, Warner Brothers, and major league soccer in Europe. Conduit has also developed the service QuickLaunch, which allows companies to design custom lock-screens for mobile devices. The screen allows users to customize their device’s lock screen, providing one-click access to calls, content, or featured websites.

References

  1. Hoffman, Tzahi (3 April 2011). "ConduIT in talks to buy toolbar developer Wibiya". Globes.
  2. ^ Jeremy Quittner (January 1, 2013). "The "Real Valuation" Is About Having Fun". Inc. Magazine. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  3. Wonham, Linc (February 24, 2011). "Conduit's Web App Network Goes Mobile". Website Magazine. Retrieved May 18, 2012.
  4. Fried, Ina (February 7, 2011). "Exclusive: Web App Publisher Conduit Expands Into Mobile". All Things Digital. Retrieved May 18, 2012.
  5. ^ "Conduit Mobile Enters The Music App Creation Wars". Music Ally. November 14, 2011. Retrieved December 19, 2011.
  6. Nakano, Chelsi (July 16, 2010). "Conduit Network Boosts Browser-Based Apps in a Big Way". CMS Wire. Retrieved May 16, 2011.
  7. ^ Dunaway, Gavin (May 13, 2011). "Big Names Grace Conduit's App Platform". ADOTAS. Retrieved May 16, 2011.
  8. Knight, Kristina (May 4, 2010). "Conduit's App Marketplace pushes past 100 million users". BizReport. Retrieved May 16, 2011.
  9. Hardawar, Devindra (June 4, 2010). "Conduit announces Google Chrome support for its massive app platform". VentureBeat. Retrieved May 16, 2011.
  10. ^ Wauters, Robin (July 13, 2010). "Conduit Reports Big Numbers: 250,000 App Publishers, 170 Million Users". TechCrunch. Retrieved May 16, 2011.
  11. Grimland, Guy (January 4, 2011). "Israeli startup Conduit with more users than Twitter negotiating billion-dollar exit". Haaretz. Retrieved May 16, 2011.
  12. McMahan, Ty (November 18, 2011). "Burgers and Acquisitions: Lunch in NYC Leads to a Deal in Israel". The Wall Street Journal. Retrieved December 19, 2011.
  13. Goldenberg, Roy (March 18, 2012). "Yozma Sells 3% of Conduit for $39m". Globes. Retrieved April 8, 2012.
  14. Shmulik Shelach, Roy Goldenberg and Gali Weinreb (February 9, 2012). "Huge exit beckons for Conduit shareholders". Globes. Retrieved April 9, 2013.
  15. Ronen Shilo (March 2, 2012). "A CEO Speaks Out About Speaking Out". FastCompany. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  16. Ty McMahan (November 18, 2011). "Burgers And Acquisitions: Lunch In NYC Leads To A Deal In Israel". Wall Street Journal. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  17. Alyson Shontell (October 3, 2012). "The 2012 Digital 100: The Complete List 1-100". Business Insider. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  18. Cooper, Steve (January 2, 2009). "Conduit Builds on the Power of the Web Toolbar". TheStreet.com. Retrieved May 16, 2011.
  19. Lydia Dishman (June 21, 2012). "How To Survive An Acquisition And Live Profitably Ever After". FastCompany. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  20. "Discussion of the Week: Adam Boyden". Forbes Magazine. August 27, 2010. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  21. ^ Jon Fortt (June 3, 2010). "Browser toolbars are back". CNN. Retrieved March 13, 2013.
  22. Gannes, Liz (May 23, 2011). "Conduit Buys Wibiya for $45M". All Things Digital. Retrieved December 19, 2011.
  23. "J.P. Morgan fund to take $100M stake in Conduit". Silicon Valley Business Journal. April 11, 2012. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  24. "Make your own Angry Birds". The Economist. July 21, 2012. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  25. Lisa Damast and Jessica McHugh (June 6, 2012). "Israeli VC struggles continue despite M&A increase". Financial Times. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  26. Scott Austin (May 18, 2012). "The $1 Billion Start-Up Club List, Minus Facebook". Wall Street Journal. Retrieved March 13, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  27. "Conduit to pay $300M dividend to investors, employees". Ynet News. March 25, 2013. Retrieved April 9, 2013.
  28. Steve Strauss (June 28, 2009). "To get ahead in this e-world: Create and market content". USA Today. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  29. Wauters, Robin (April 2, 2011). "Conduit Acquires Web Application Platform Wibiya For $45 Million: Sources". TechCrunch. Retrieved May 16, 2011.
  30. "Israeli Startup Wibiya Will Be Acquired By Conduit For Whopping 45$ Million". Technology Noise. April 3, 2011. Retrieved May 16, 2011.
  31. "Israeli Startup Wibiya Will Be Acquired By Conduit For Whopping 45$ Million". Technology Noise. April 3, 2011. Retrieved May 16, 2011.
  32. Fried, Ina (February 7, 2011). "Exclusive: Web App Publisher Conduit Expands Into Mobile". All Things Digital. Retrieved December 19, 2011.
  33. Grimland, Guy (June 3, 2011). "Conduit Mobile Platform Now Supports iPad App Creation, Social Features". CMSWire. Retrieved December 19, 2011.
  34. John Pullen (May 10, 2012). "There's an App Maker for That". Entrepreneur Magazine. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  35. Neal Ungerleider (January 23, 2012). "Hashtag Hail Mary: Social Media Blitzes The Super Bowl". FastCompany. Retrieved March 13, 2013. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  36. Kate Freeman (March 27, 2012). "Phone Lock-Screen App Offers Prime Opportunity for Branding [VIDEO]". Mashable. Retrieved April 9, 2013.

External links

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