Movidia brings in $14 million for mobile video chip
Movidia, developer of mobile video processors, announced today that it landed $14 million in first-round funding to launch its new mobile phone video chip in early 2009. The chip will require less energy to run, while at the same time giving users the ability to quickly produce their own video content using only their cell phones.
The Irish semiconductor company hopes the processor’s capabilities will help it make a name for itself in the social networking… Continue Reading
EBillme raises $12M for online payment
Online payment startup eBillme has raised $12 million more in venture funding. The Delaware, Md.-based company says its payment solution, which competes with services like Paypal and Google Checkout, says it’s superior because payments are bank-to-bank (rather than credit-based) and don’t require the disclosure of any personal information online.
The round was led by Canaan Partners and existing investor Celtic House Venture Partners.