Madrona, Rob Glaser and others pump $3.5M into mobile app Zapd

PressPlane, a Seattle startup which incubated the mobile application Zapd, has raised a little more than $3 million from Madrona Venture Group, RealNetworks chairman Rob Glaser, Second Avenue Partners, PhotoDisc co-founder Tom Hughes and others. Zapd, which allows users to create Web sites in a matter of minutes, has recorded 320,000 downloads of its iPhone app since… Read More

Rob Glaser

RealNetworks huddles with (what’s left of) its employees

RealNetworks has experienced a huge shakeup over the past couple years. Its founder Rob Glaser left the CEO’s office. The company spun off or eliminated many of its traditional businesses, cutting hundreds of jobs in the process of streamlining its strategy. And just recently the company accepted the resignation of CEO Bob Kimball, after little… Read More

Rob Glaser

Ex-Microsoft and Google interns launch Summify, with cash from Rob Glaser and others

Two Romanian Web developers who recently landed in Vancouver, B.C. have just scored a first round of capital from RealNetworks founder Rob Glaser, Flickr co-founder Stewart Butterfield, Accel Partners and others. The startup company, Summify, is trying to solve a big problem: information overload. Mircea Paşoi and Cristian Strat, who have been programming together since… Read More


Exiting RealNetworks CEO gets $2M on the way out

Bob Kimball, the departing RealNetworks CEO, will receive a severance payment of $1.7 million from the company plus another $283,000 under a previous retention agreement, and remain as a consultant for 90 days at a monthly rate of more than $43,000. RealNetworks disclosed those financial terms in a Securities and Exchange Commission filing this morning,… Read More

Bob Kimball

Surprise: RealNetworks CEO Kimball resigns

[Post updated with more details, quotes from Glaser] Bob Kimball has resigned as president and CEO of RealNetworks, a little more than a year after succeeding founder Rob Glaser to oversee an attempted turnaround of the longtime Seattle technology company. Glaser told GeekWire via phone this afternoon that he does not plan to return to… Read More