Eye-Fi, a company out of Mountain View, Calif. has raised $11 million in a second round of funding. Translink Capital and LMS Capital led the round with existing investors Opus Capital and Shasta Ventures participating. To date, the company has raised $17.5 million. The company makes memory cards with...
Amobee Media Systems, a mobile advertising company, said today it received an undisclosed strategic investment from Motorola (NYSE: MOT) and Cisco Systems (NSDQ: CSCO). The two new investors join a round in which Telefonica (NYSE: TEF), Vodafone (NYSE: VOD), Accel Partners, Globespan and Sequoia Capital already participated. The company...
Earlier this year, Apple (NSDQ: AAPL) surprised us all when Kleiner Perkins Caulfield & Byers announced it would support the iPhone by creating a standalone $100 million iFund focused on making investments in companies building iPhone applications. Six months later, KPCB has written five checks, and the iPhone has...
Paramount Pictures, the Viacom-owned movie studio, has made its first gaming related acquisition: it has bought Seattle-based game developer ScreenLife, the creator of the popular DVD game "Scene It?". Financial terms of the deal were not disclosed, but last week SeattlePI first broke the story and mentioned that...
The $100 million iFund investment pool, created by Kleiner Perkins Caufield & Byers, has invested in five iPhone start-ups, NYT reports in a profile piece on Matt Murphy who heads up the endeavor. Pelago, the parent of mobile location-based service Whrrl, received an investment from KPCB before the iFund...
Twistbox, the mobile entertainment firm which is owned by OTC-traded Mandalay Media, is in the process of buying out European mobile content firm AMV Holding. For now, this is an LOI stage, and may not necessarily go through. AMV, founded in 2004, has brands such as Bling, Phonebar and...
Jakob Kuznicki, a former executive at Jamba, also called Jamster in some countries, said he has launched Prizemo, a company that is pitching TV shows involving mobile participation to networks in the U.S. Prizemo raised $2 million in a first round of funding from an unnamed Dubai firm last...
Here's a lesson right out of the keep-your-enemies-close playbook. Nuance Communications filed a patent infringement lawsuit against Zi Corp. over SMS technology just days after it rejected the Burlington, MA-based company's all-cash $40.5 million takeover bid. Nuance and its Tegic subsidiary said it filed suit against Zi in a...
Microsoft (NSDQ: MSFT) has done an undisclosed amount of strategic investment in already-heavily backed online and now mobile HD video tech provider Move Networks. This is technically part of its third round, which it earlier closed in at $46 million from investors such as Benchmark Capital, as well as...
Qik, the popular-among-bloggers mobile video streaming service, has received new fundingq from Marc Andreessen and his longtime business partner Ben Horowitz. Andreessen is the founder of Ning, and Horowitz is the VP and GM of HP's business technology organization unit these days. The Foster City, CA-based company did not...
Cambridge, MA.-based JumpTap, a white-label mobile search and advertising company, plans to announce today that it has raised $26 million in a fourth round of funding, bringing its overall total to $72 million. The latest round was led by Alliance Bernstein L.P., a publicly traded global asset management firm....
Mobile social network myGamma's parent BuzzCity is getting a $10 million funding from South African media group Naspers, with the aim of investing in applications that can leverage partnership opportunities. The Singapore-based network offers blogging, messaging, games etc and claims 2.7 million users across 70 countries and 1.7 billion...
Inter has acquired London-based Opened Hand, a software startup which specializes in mobile Linux development and services. Opened Hand will focus on participating in the Moblin Software Platform community, which is developing a Linux software stack for Intel's (NSDQ: INTC) Atom processors, reports ZDNET UK.Intel will continue to support...
Cyriac Roeding, the former EVP of mobile at CBS (NYSE: CBS), who has been documenting his just concluded mobile world tour for us, has joined Kleiner Perkins Caufield & Byers, the venture firm, as an entrepreneur-in-residence. Which means he will be looking to start a new company funded by...
Vibes Media, a Chicago-based mobile marketing company, plans to announce today that it has raised $15 million from Fidelity Ventures in its first round of capital. Vibes will use the money for acquisitions and to continue research and development, it said. The 10-year old claims to have executed more...
MoFuse, a service that lets bloggers deploy mobile versions, has raised an unspecified seed round from The Slater Technology Fund, a VC fund backed by the State of Rhode Island. The Providence-based company claims to have 12,000 blogs currently using its service. That's up from 2,200 at the end...
Ericsson (NSDQ: ERIC) and French-Italian chipmaker STMicroelectronics announced Wednesday that they were merging their wireless chip and software businesses to create a joint venture that will end up supplying four of the big five handset makers, reports Reuters. The new company, which builds on STMicro's acquisition of the wireless...
Not necessarily a secret, but Verisign is divesting off its "non-core" businesses, and has done some of them, but is now hitting road bumps in selling off some of the bigger units, as it admitted in its Q208 results call today. "As market conditions have worsened, buyers are taking...
Amobee Media Systems, a mobile advertising company, said today it received an undisclosed strategic investment from Motorola (NYSE: MOT) and Cisco Systems (NSDQ: CSCO). The two new investors join a round in which Telefonica (NYSE: TEF), Vodafone (NYSE: VOD), Accel Partners, Globespan and Sequoia Capital already participated. The company...
An undisclosed third party has approached UK mobile content platform provider WIN, which could result in an offer being made on the company, WIN said today in a statement. The company, which counts Vodafone (NYSE: VOD) and AOL (NYSE: TWX) among its clients, said the "Approach" was very "preliminary...