Wireless media delivery co. Digital Fountain sells to Qualcomm
Digital Fountain, a company specializing in sending media over wireless networks — especially streaming video — just sold to San Deigo goliath Qualcomm. It’s unclear whether the flagging economy played a role, but the Fremont, Calif. company may have been running short on funds. It… Continue Reading
Roundup: Feds offering short-term loans, presidential debates live online, Silver Spring gets a big raise, and more
Feds now providing short-term debt — The Federal Reserve will provide money for companies to finance their day-to-day activities, in the government’s latest effort to staunch bleeding in the credit markets.
Live presidential debates hit the web — Hulu will stream tonight’s presidential debate live, something of a… Continue Reading
Emergent Game Technologies raises $12M more for game applications
Emergent Game Technologies, a Calabasas, Calif. company that makes applications to help with game development, said it has raised $12 million in a fourth round of funding.
The round was led by Jerusalem Venture Partners and Worldview Technology Partners, with some help from Adena Ventures,… Continue Reading
ZeroG Wireless, low power RF chip design company, raises more than $13M
ZeroG Wireless, a Sunnyvale, Calif. semiconductor company focused on the design and development of low power Radio Frequency (RF) chips, has raised more than $13 million in financing.
Investors in the initial round include Cisco, Greylock Partners and Morgenthaler. The money will be used for the… Continue Reading
Avega, home entertainment wireless network co., raises $7M
Avega Systems, a company that helps manage entertainment and other content across wireless home networks, has raised $7 million in a second round of funding.
The investment was led by Cisco Systems, JAFCO Asia and Technology Venture Partners — and is just the latest move by… Continue Reading
Ayaya buys mobile software company Traverse for $15M — a loss for investors
Avaya, a New Jersey maker of corporate telephone equipment, has acquired Traverse Networks, of Fremont, for $15 million.
Traverse makes software that lets customers connect mobile devices to their networks, so that their employees can use applications and better manage voice mail while on the go.
From… Continue Reading