Wireless media delivery co. Digital Fountain sells to Qualcomm
Digital Fountain, a company specializing in sending media over wireless networks — especially streaming video — just sold to San Deigo goliath Qualcomm. It’s unclear whether the flagging economy played a role, but the Fremont, Calif. company may have been running short on funds. It had raised a total of $45 million over several rounds of funding since its inception in 1999, most recently pulling in $5 million in a fifth pass in 2004. Past… Continue Reading
Swarmcast gets in on the game with streaming sports
Swarmcast, provider of a platform that allows websites to stream high-fidelity video content, launched its new service, Swarmcast for Sports, designed solely to stream live sports events online. The idea is to let major content distributors, like Major League Baseball, provide users on their websites with a television-like viewing experience.
The Minneapolis, Minn. company says this this should be good news for sports websites who have a tough time competing in a highly-fragmented field. Streaming video… Continue Reading