Family-tree site Kindo gets another seed investor

Family-tree builder and networking site Kindo announced today that it will be receiving seed money from Estonian venture company Ambient Sound Investments.

Through features like communication tools, family statistics and a newsfeed, Kindo says it wants to connect families the way Facebook connects friends and LinkedIn… Continue Reading

FlowPlay raises $3.7M for avatar game for teenagers

FlowPlay raises $3.7M for avatar game for teenagers

FlowPlay, a Seattle company developing a virtual world for teenagers and young adults around casual gaming, has raised $3.7 million in a first round of funding led by Intel Capital and Ambient Sound Investments.

John Cook, of Seattle PI has the news.

The company, run by former… Continue Reading

Life sciences briefing: Thursday, Jan. 31, 2007

Life sciences briefing: Thursday, Jan. 31, 2007

TODAY’S HEADLINES:

5AM Ventures puts $3.3M into stealthy ImmunoNewco (VBLS exclusive)
NewLink Genetics raises $17M for cancer vaccine, immune drugs (VBLS exclusive)
Biochip, stem-cell biotech Minerva Bio ousts CEO Jim Czirr and sues (release)
Sonexa Therapeutics takes $30M for Alzheimer’s treatment (release)
Tissue regenerator Healionics pulls in $1.7M (release)
EGeen, clinical… Continue Reading

Pet site rivalry begins: United Dogs vs. Dogster

Pet site rivalry begins: United Dogs vs. Dogster

United Dogs & Cats, a company that manages the social networking websites for pet owners, Uniteddogs.com and Unitedcats.com, has raised an undisclosed round of funding from Ambient Sound Investments.

The Estonian company is the latest European clone of a U.S. Internet company. It competes against Dogster,… Continue Reading

Roundup: Ooyala to launch, Google gobbles Greenborder and more

Roundup: Ooyala to launch, Google gobbles Greenborder and more

Here’s the latest action:

Ooyala, secretive ex-Google company, about to launch — The Mountain View, Calif. company, founded by ex-Google engineers and product managers, is secretive but says it delivers a high-quality, interactive, video experience, and is a couple of months away from launch. Sean Knapp, a… Continue Reading

Skype-related firm invests $2.6M in e-purchasing co., MarkIT

Ambient Sound Investments, the investment group run by four early engineers of Skype, has invested EUR2 million ($2.6 million) in e-purchasing company MarkIT, according to VentureWire.

Based in Tallinn, Estonia, MarkIT hosts a Web portal where Eastern European businesses can buy IT equipment. The company said… Continue Reading