Read the annotated text of Greylock’s Josh Elman announcing the Series B investment here!

Jelly is a “human-powered discovery and search parsing engine driven by images, founded in April 2013 by Biz Stone and Ben Finkel.” (Crunchbase)

Biz introduced the startup in a blog post annotated here

According to Biz Stone

We chose the jellyfish to represent our product because it has a loose network of nerves that act as a ‘brain’ similar to the way we envision loosely distributed networks of people coordinating via Jelly to help each other"

The Series A Round was led by Spark Capital along with the following investors including Jack Dorsey and Evan Williams, who co-founded Twitter with Biz Stone.

• Bijan Sabet, General Partner at Spark Capital.
• Jack Dorsey, Co-founder of Twitter and Square.
• SV Angel
• Reid Hoffman, Co-founder of LinkedIn and Partner at Greylock Ventures.
• Steven Johnson
• Evan Williams, Co-founder of Twitter and Medium.com
• Al Gore, Former VP of United States of America, Co-Founder of Current TV.
• Greg Yaitanes, Angel investor in Twitter, Square, Jelly, and Pinterest.
• Bono, musician and philanthropist.
• Jason Goldman
• Roya Mahboob

Kevin Thau is the COO of Jelly.

Prior to joining Jelly, Kevin was a member of the executive team at Twitter from 2008 to 2013 where he led a variety of product and partnership teams.

Ben Finkel is the co-founer and CTO of Jelly, and previously worked at Twitter and Fluther.

Biz explored this point in his initial blog post Introducing Jelly

ANNOTATED HERE!

More ‘things’ are becoming connected to the internet.

Recent acquisitions, such as the $3.2 Billion purchase of Nest by Google – read the annotated text here! – are evidence of this.

To give some context

• In 2013, there were 1.3 internet connected devices per person.

• By 2020, the number of internet connected devices will reach is expected to reach 7.5 per person.

Read the rest of the CISCO: Internet of Things Report here!

In a post titled ‘Anatomy of Facebook’, Lars Backstorm, a scientist at Facebook, reported that the average number of acquaintances separating any two people in the world was not six but 4.74.

An excerpt from the post:

“When considering even the most distant Facebook user in the Siberian tundra or the Peruvian rain forest … a friend of your friend probably knows a friend of their friend.”

The caveat there is “Facebook user” — like the Milgram study, the cohort was a self-selected group, in this case people with online access who use a particular Web site.