Advanced Telemetry gets infusion for wireless energy-management dashboard
Advanced Telemetry has taken an undisclosed amount of second-round funding from existing investors Quercus Trust and 21Ventures to continue developing its energy consumption management platform for residential and commercial use.
The San Diego company’s lead product is a wireless panel called the EcoView that classifies energy consumption in a building as low, moderate or high. Some of the money raised in the recent round will be used to beef up its sales, with the rest going… Continue Reading
CogniSafe lands seed money to stop online gaming cheaters
Israeli software company CogniSafe, developer of an anti-cheating service for online games, announced today that it received a seed investment from 21Ventures, a U.S. firm.
CogniSafe’s executives saw an opportunity in automating the ability to identifying cheaters on online gaming sites. Usually game sites won’t undertake analysis of a player unless another player has complained. CogniSafe’s software is capable of detecting deviations from the norm on gaming sites in real time, and then removing offenders without… Continue Reading
TechnoSpin raises $8M for small wind turbines
TechnoSpin, a New York-based company creating small wind turbine designs for both consumer and commercial use, has raised $8 million in its first venture funding.
While the company is gearing up to make a turbine for sale mainly in remote and rural areas, it is also working on a gear mechanism that may be useful in applications beyond turbines.
The $8 million funding was led by 21Ventures. The company itself also has facilities in Israel, Eastern Europe… Continue Reading
Video retrenchment begins, Juice Wireless going for broke
(Updated with substantial clarifications from Juice co-founder Nick Desai)
Juice Wireless, the New York mobile video-sharing start-up, is still on hunt for financing, raising questions about its prospects amid a retrenchment hitting the video sharing industry in the new year.
Juice is raising a roughly $3.5 million round of financing, now calling it a “bridge” to raise even more capital — in recognition that competition has raised the stakes, and will require more resources.
A month ago,… Continue Reading
CNBC relaunches with extensive live programming and video
Beginning today (Monday), CNBC is relaunching its web site, so that you can watch the programming from your computer — and it’s adding hours of live video not available until now.
To see all there is, go to the site and click on the various tabs. The company took us through a feature demonstration last week, and it’s extensive. CNBC has hired 55 more reporters and others editors for this; they’ll be posting 75 new… Continue Reading