Mogreet rakes in $5M for mobile video messaging

Mogreet rakes in $5M for mobile video messaging

Mogreet, developer of a platform that allows cell phone users to send videos to one another, announced today that it brought in $5 million in second-round funding. Its software compresses video files — up to 20-second clips — so that they can be sent through what is called MMS (multimedia message service — like SMS only for video instead of text messaging).

A “Mogreet” is shorthand for the type of video message the company distributes. The… Continue Reading

Life-science briefing: Wednesday, March 19, 2008

Life-science briefing: Wednesday, March 19, 2008

TODAY’S HEADLINES:

Paris-based Stentys takes $18M for “bifurcated” stents (release)
Blood analyzer IntelliDx raises $22M (PDF release)
Cancer-test biotech Calderome changes name to VeraCyte (VentureWire)
Predictive Biosciences names Peter Klemm as CEO (release)

Paris-based Stentys takes $18M for “bifurcated” stents – Stentys, a Paris-based medical device maker, raised $18 million in a second funding round. The company is developing “bifurcated” stents intended to prop open clogged arteries at blood-vessel junctions.

The startup said the funding will allow it to complete clinical trials… Continue Reading