Intel Capital and Rustic Canyon Ventures contribute second round of capital to support InSync’s continued growth. SAN JOSE, Calif., Oct. 20 /PRNewswire/ — InSync Software, Inc., provider of the fabric for the world’s leading RFID, GPS and sensor-driven line-of-business software applications, announced today that the company has closed $4.7 million in Series B funding. The latest investment round was led by existing investors Intel Capital and Rustic Canyon Ventures, along with participation by strategic individual investors.
Serious Materials Inc. of Sunnyvale, Calif., was recognized in this category for its EcoRock drywall substitute, which is made with recycled material and, the company says, requires 80% less energy to make and produces 80% less carbon dioxide than standard gypsum-based drywall.
9/23/2009 – Serious Materials Inc. raised $60 million in a Series C round to further build up its green construction supply business, which it says is prospering while traditional construction-supply companies continue to suffer.
Deal Significantly Enhances Live Gamer’s Total Commerce Solution for Gaming, Social Networks and Independent Developers; Drives Industry Innovation ~ New York City, NY — August 24, 2009 — Live Gamer (www.livegamer.com), the global leader of total commerce solutions for micro-transaction-based businesses spanning online games, virtual worlds, and social networks, today announced it has completed its acquisition of Twofish (www.twofish.com), the premier provider of virtual economy data solutions for casual gaming and social application developers.
ENTREPRENEURSHIP is as vibrant as ever in the American economy, but the capital that finances new companies is still in retreat. Venture capital is running at the lowest levels in more than a decade, and angel investors, who invest in far smaller companies than venture capital funds do, are holding back, too. The reasons for the cutbacks begin with the recession. Angel investors — typically individuals with more than $1 million who join together to back start-up companies — have seen their net worth decline. And these days, many angels find they need to offer additional support to companies they’ve backed in previous years, rather than take on new commitments.
PALO ALTO, Calif.–(BUSINESS WIRE)–AlwaysOn (AO), open-media pioneer and creator of the AlwaysOn executive event series, today announced its coveted AlwaysOn Global 250 Top Private Companies Awards, naming audience-measurement service Quantcast the AO Global 250 overall winner. Other category winners include: Cast Iron Systems – Cloud and Infrastructure Mint – Consumer Internet Knewton – Digital Education Twofish – Digital Media EveryZing – Enabling Tools and Devices BrightSource Energy – Greentech uTest – SaaS and Enterprise Skyhook Wireless – Wireless
July 16 (Bloomberg) — Research In Motion Ltd., the maker of the BlackBerry e-mail device, agreed to pay $267.5 million to license Visto Corp. patents and settle all patent litigation between the companies.
AdMonsters is proud to announce that Derek Dukes, CEO & Co-Founder of Dipity, will deliver the keynote session at its upcoming Publisher Forum US XXI to be held in Portland, August 16 – 19. Derek’s presentation: “Expecting The Unexpected – Ad Ops in Uncertain Times” will draw on his many years of experience and focus on innovation on the Internet and in Ad Operations. Derek will provide his unique perspective on what Ad Operations should be doing in these challenging times.
Heroes of Telara is an upcoming fantasy-style MMORPG from Trion World Networks, but that’s not what the developers are calling it: Company spokesman Dave Geffon told SCI FI Wire at the Electronic Entertainment Expo in Los Angeles Thursday that the game is a “massively social, fully dynamic server-based game.” Quite a mouthful, but it really is different.
We’ve seen much speculation in the past month about Facebook’s impending virtual currency tests. Its initial forays will be, by all accounts, relatively simple and small. But it’s the potential of “what Facebook could do” that has everyone talking. Yes, it’s cool that in the short-term, application developers will be able to use its “credits” currency to make money, and it’s nice to see Facebook making a smart business decision, but there’s a larger and more serious question: Can Facebook introduce a universal virtual currency that makes it easier and cheaper to buy/sell virtual and real goods?