Akimbo, online video delivery company, throws in towel for good
updated
We’re hearing that Akimbo, the San Mateo, Calif. video set-top box company that raised millions of dollars in fresh funding less than three months ago to make a fresh start in a new direction, has just thrown in the towel anyway.
In February, Akimbo… Continue Reading
Akimbo, failed video distribution company, tries again, raises $8M
Akimbo, the San Mateo, Calif. company that tried to offer video over a set-top box, but gave up in May last year because no one was buying the box, has launched again with a different management team, $8 million in fresh funding and a different… Continue Reading
Microsoft sides with PSI, goes after IBM’s mainframe market
Platform Solutions Inc., a Sunnyvale, Calif. maker of mainframe computers that is going after IBM’s near monopoly in the sector, has raised filled its war-chest with more than $37 million in fresh capital from a group of investors including Microsoft.
PSI, as the company is… Continue Reading
SpectraSensors raises $14M for natural gas analysis
SpectraSensors, a Rancho Cucamonga, Calif. company that makes sensors to optically analyze natural gas, has raised $14 million in a third round of funding.
The technology is used to test energy levels and other factors that affect the gas’ usage in refineries, for example.
The… Continue Reading
AirTight Networks, wireless intrusion prevention co., raises $14.5M
AirTight Networks, a Mountain View, Ca provider of wireless intrusion prevention technology, has raised $14.5 million in a third round funding.
A total of $36.75 million has been invested in the company since 2002.
The round was led by CMEA Ventures, and existing investors Blueprint… Continue Reading
Visto, Silicon Valley’s most controversial company
The mobile email company, Visto, has become one of the most controversial companies in Silicon Valley.
The Redwood City company has reportedly raised another $35 million in venture backing led by new investor Altitude Capital Partners, adding to the whopping $350 million the company has… Continue Reading
Kiptronic raises $4M for podcast ad-insertion, a better Podbridge?
Kiptronic, a San Francisco company that lets publishers insert ads into audio and video files before they are downloaded for listening on a device, has raised $4 million in a first round of funding.
The investment was led by Blueprint Ventures and Prism VentureWorks.
Kiptronic’s… Continue Reading
Blueprint Ventures and its porn problem
Apologies for those who couldn’t get to VentureBeat’s website yesterday. Traffic was robust, and our servers aren’t as capable as we thought.
At least we haven’t been taken over by Russian hackers. That’s what happened with Blueprint Ventures’ website. Worse, it’s been turned into a… Continue Reading