News

Deal Announcements

Tuesday, September 23, 2014

  •  The Networking Effect Garners $1 Million

    Tuesday, September 23, 2014 5:30:00 AM PDT | VentureDeal

       Barrie, ON  --  The Networking Effect has announced that it has close an angel investment round, bringing its total startup investment to $1 million to-date.

    TNE is developing an online matching connect platform for small businesses who need online tools and resources to help them obtain customers and potential business partners.

    The company raised the funding from a variety of early stage angel investors.

    It intends to use the financing to expand its platform across Canada and the USA.
  •  Adobe Acquires Aviary For Mobile SDKs

    Tuesday, September 23, 2014 5:00:00 AM PDT | VentureDeal

       San Jose, California  --  Adobe (NASDAQ: ADBE) announced that it has acquired privately held Aviary.

    Aviary has developed a robust developer ecosystem for its mobile SDKs (Software Development Kits) for the delivery of creative applications.

    According to Adobe, millions of users already utilize Aviary's photo-editing apps.

    The company intends to integrate Aviary technology and provide their developers with compatible versions of Adobe's Photoshop and Creative Cloud services.

Monday, September 22, 2014

  •  EatWith Lands Series A Venture Capital

    Monday, September 22, 2014 5:45:00 AM PDT | VentureDeal

       Tel Aviv, Israel  --  Internet technology company EatWith has raised $8 million in its first round of institutional venture capital funding.

    EatWith has created a global community that invites people to dine in homes around the world.

    Greylock Partners led the round, was also included Genesis Park.

    The company said it would use the funding to focus on its growth efforts in major metropolitan areas around the world.
  •  1000Museums Nets Venture Capital Debt

    Monday, September 22, 2014 5:30:00 AM PDT | VentureDeal

       New York, New York  --  Digital media technology company 1000Museums has secured $500,000 in venture capital debt investment, according to an SEC regulatory filing.

    1000Museums has created a destination for users to discover museums, exhibitions and artists.  Visitors may also purchase original art and reproductions through the site.

    Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

    1000Museums is still seeking $1 million in additional financing, according to the filing.

Friday, September 19, 2014

  •  Leeo Lands Venture Capital Equity Funding

    Friday, September 19, 2014 5:45:00 AM PDT | VentureDeal

       Palo Alto, California  --  Electronics technology company Leeo has secured $37 million in early stage venture capital investment.

    Leeo is designing home automation and connection products for consumers.

    Company investors include Formation 8 and individuals.

    Proceeds purposes were not disclosed by the company.
  •  Augmate Accepts Seed Venture Capital

    Friday, September 19, 2014 5:30:00 AM PDT | VentureDeal

       New York, New York  --  Mobile technology company Augmate has received $2.8 million in seed stage financing.

    Augmate has developed a wearable platform that enables designers to accelerate development of digital eyewear applications.

    Timothy Draper led the round, which included numerous venture capital and corporate investors.

    Specific proceeds purposes were not disclosed by the company.

Thursday, September 18, 2014

  •  Fleksy Nabs Venture Capital Debt Funds

    Thursday, September 18, 2014 5:45:00 AM PDT | VentureDeal

       San Francisco, California  --  Software technology company Fleksy has received $1.45 million in venture capital debt funding, according to an SEC regulatory filing.

    Fleksy is developing technology that makes it easier to type text on a touch screen.

    Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

    Fleksy is still seeking $550,000 in additional financing, according to the filing.
  •  Bluebridge Bags $1 Million Seed Venture Capital

    Thursday, September 18, 2014 5:30:00 AM PDT | VentureDeal

       Fishers, Indiana  --  Mobile technology company Bluebridge has landed $1 million in seed stage venture capital funding.

    Bluebridge designs mobile applications for a variety of customer verticals to operate on its subscription-based platform.

    Individual investors made the investment.

    The company will use the proceeds to expand its team of 50 employees and continue development of its mobile app platform.

Wednesday, September 17, 2014

  •  Kateeva Collects $38 Million 4th Venture Capital Round

    Wednesday, September 17, 2014 5:45:00 AM PDT | VentureDeal

       Menlo Park, California  --  Manufacturing technology company Kateeva has raised $38 million in its Series D round of venture capital financing.

    Kateeva said that it hopes to reduce the cost of making flexible and large-scale OLEDs.

    Investors in the round included Samsung Ventures, Sigma Prime Ventures, Spark Capital, Madrone Capital Partners, New Science Ventures, DBL Investors and others.

    The company said it would use the funding to support its manufacturing strategy and expand its global customer satisfaction efforts.
  •  Docker Connects with Series C Venture Capital

    Wednesday, September 17, 2014 5:30:00 AM PDT | VentureDeal

       San Francisco, California  --  Software technology company Docker has secured $40 million in its third round of venture capital investment.

    Docker is the company behind the open source Docker project that it believes is revolutionizing the way code is built, packaged and deployed.

    Sequoia Capital led the round, which also included previous investors Benchmark Capital, Greylock Partners, Insight Venture Partners, Trinity Ventures, AME Cloud Ventures and others.

    The company said it would use the funding to drive adoption of its platform and to grow its ecosystem of developers.

Deal Announcement Archive »

Technology News

Tuesday, September 23, 2014

  •  Red Hat Launches Government Cloud Platform

    Tuesday, September 23, 2014 5:45:00 AM PDT | VentureDeal

       Raleigh, North Carolina  --  Red Hat (NYSE: RHT) announced the launch of a new consulting platform for government agencies.

    Called Red Hat Cloud for Government, the solution provides a set of processes and tools that helps agencies manage and run cloud services through their own, existing data centers.

    As part of the service, Red Hat will provide consulting services to agencies with assessments and access to a variety of cloud service providers to help agencies better manage their technology costs.

    The company says that the new service will also enable agencies to comply with a wide variety of regulatory technology standards.
  •  MakerBot Launches Bold Machines Workshop

    Tuesday, September 23, 2014 5:15:00 AM PDT | VentureDeal

       Brooklyn, New York  --  MakerBot co-founder Bre Pettis and parent company Stratasys announced the launch of a new collaboration initiative.

    Called Bold Machines: the Innovation Workshop at Stratasys, the program is aimed at attracting individuals, businesses and brands to collaborate with in the 3D printed merchandise world.

    The initiative touted its first project, Margo, which hopes to be an inspiring character that will star in a full-length animated feature.

    The workshop will be based in MakerBot's original office space in Brooklyn, New York.

Monday, September 22, 2014

  •  Brand View Launches Retail Price Browser Extension

    Monday, September 22, 2014 5:15:00 AM PDT | VentureDeal

       Reading, England  --  Retail intelligence company Brand View has announced the launch of a new browser extension for retailers and manufacturers.

    Called Brand View OnSite, the extension makes it easy for retailers and manufacturers to monitor competitor pricing and promotions on the Web.

    By visiting any page, a user may immediately receive information about a particular product and its pricing across a variety of retailers as well as promotions and related promotional text.

    The company said it is the first daily price comparison tool available for the UK grocery market.
  •  Xaxis And GumGum Launch In-Image Ad Platform

    Monday, September 22, 2014 5:00:00 AM PDT | VentureDeal

       New York, New York  --  Xaxis and GumGum have announced the launch of a programmatic product for purchasing in-image advertising.

    Customers will be able to purchase ads via the programmatic platform by Xaxis which will feature GumGum's premium in-image inventory.

    The benefit to advertisers is that it turns photographs on the web into potential marketing vehicles.

    Xaxis customers will have first-look rights to inventory inside GumGum's system, including images related to special events such as movie award shows and major sporting events.

Friday, September 19, 2014

  •  WeMo Launches Smart LED Products

    Friday, September 19, 2014 5:15:00 AM PDT | VentureDeal

       Playa Vista, California  --  Home automation technology company WeMo has announced the launch of two LED light products.

    The WeMo LED Starter Set and related Smart LED Bulbs will enable consumers to control, schedule and customize their home lighting from anywhere.

    Users simply download the WeMo app to their smartphone or tablet device.  The lighting products connect to a home Wi-Fi network and are controlled via the mobile app.

    WeMo Smart LED Bulbs have a potential life span of up to 23 years, according to the company.
  •  Syniverse Launches Mobile Engagement Suite

    Friday, September 19, 2014 5:00:00 AM PDT | VentureDeal

       Tampa, Florida  --  Syniverse has announced the launch of a mobile engagement suite of applications.

    The suite encompasses two applications.  Mobile Engagement for Customers helps companies enhance customer acquisition and loyalty on any mobile channel.

    Mobile Engagement for Employees will provide companies with the ability to broadcast employee information through a variety of mobile channels, including email, SMS and voice.

    Syniverse says it provides solutions to mobile service providers, ISPs and enterprises in nearly 200 countries and territories worldwide.

Thursday, September 18, 2014

  •  Active-Semi Launches Rapid Prototyping Platform

    Thursday, September 18, 2014 5:15:00 AM PDT | VentureDeal

       Dallas, Texas  --  Integrated circuit technology company Active-Semi International has announced the launch of a new development platform.

    Called HYDRA-X, the system "enables developers and makers to rapidly prototype systems with Active-Semi's industry-leading Power Application Controller IC Family"

    Benefits to users include a simplified system of motor and power control, small footprint and low cost.

    Active-Semi was founded in Silicon Valley in 2004 and specializes in power management and intelligent digital motor drive IC market technologies.
  •  Nuance Launches Swype on App Store

    Thursday, September 18, 2014 5:00:00 AM PDT | VentureDeal

       Burlington, Mass.  --  Nuance Communications (NASDAQ: NUAN) has announced the launch of its Swype keyboard app for Apple iOS 8 devices.

    The keyboard allows for fast punctuation, next word prediction, adaptive learning vocabulary and a variety of languages available at launch.

    Nuance says that previous version of the application have been deployed on more than one billion devices globally.

    The app is available in the Apple App Store for a limited time price of $0.99.

Wednesday, September 17, 2014

  •  Breakout Launches New Coin and Gaming Destination

    Wednesday, September 17, 2014 5:15:00 AM PDT | VentureDeal

       Los Angeles, California  --  Digital technology company Breakout Gaming said that it has launched what it calls the “first destination for online gaming and digital currency”.

    The site will provide its own cryptocurrency, called Breakout Coin, for players to use in a variety of ways, including poker, blackjack and fantasy sports.

    The related exchange will convert Bitcoin to Breakout Coin automatically, with added cold storage security solutions to help protect the currency.

    Breakout said the site will feature 88 different casino games and it has partnered with a number of notable gaming celebrities.
  •  Roku Touts Streaming Users and Hours Success

    Wednesday, September 17, 2014 5:00:00 AM PDT | VentureDeal

       Saratoga, California  --  Television streaming player company Roku said that it has sold 10 million of its players in the United States since its May, 2008 unveiling.

    The device enables users to stream Netflix and other entertainment channels.

    In addition, the company said that its player is the most popular choice among consumers, accounting for 37 million hours of video streamed per week, compared to Apple TV at 15 million hours and Chromecast at 12 million hours.

    Roku was founded by Anthony Wood, inventor of the digital video recorder (DVR).

Technology News Archive »

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