Roundup: File-sharing Pando gets funding, FCC may go after Comcast, Disney expects $1B from online
Here’s the latest action:
File-sharing company Pando Networks raising $20.9M — Pando Networks, a New York file-sharing company that uses P2P software to allow users to download, stream and share large media files quickly, has raised $8.1 million of a targeted $20.9 million round of capital, VentureBeat has learned. The company has gotten positive press coverage for its ability to send very large files, such as high-def video. The round is includes backers Wheatley Partners and… Continue Reading
Airbiquity raises $25M for vehicle telematics
It’s been a long road for Airbiquity, but it appears to have finally found its home in wireless communications for vehicles.
Founded before the dotcom-boom, Airbiquity had big plans centering around adding GPS capabilities to mobile phones, but failed to execute. The company nearly disappeared during the tech crash.
It has since reworked its business into a wireless service for vehicles that tracks factors like performance, airbag deployment and navigation, and also allows some features like emergency… Continue Reading