Bug Labs, the do it yourself electronics device company, raises cash
Bug Labs, a New York company providing a do it yourself service for people who want to build their own electronic devices, has raised a third round of financing from Spark Capital, Union Square Ventures and Court Square Ventures, according to CNET.
Bug Labs wants to bring open source to hardware. It draws on outside developers to help fashion building blocks for personalized devices that non-techies can easily assemble. It is also backed by Robert Young,… Continue Reading
GreatCall raises $38 million for simple Jitterbug cell phones
GreatCall has built a business bucking the trend of feature-rich cell phones that are getting to be as complex as computers. Its Jitterbug phone is aimed at people who only want one simple thing out their phones — to make calls.
The Del Mar, Calif.-based company said today it has raised $38 million in a third round of funding so it can build additional sales channels and develop new services, applications and devices.
Jitterbug is on the… Continue Reading
Mobile Posse raises $10M for mobile advertising
Mobile Posse is a mobile advertising firm that claims to deliver targeted advertising, as well as “idle screen interactive content delivery,” which takes advantage of the time a customer is not directly using a phone to display ads.
The McLean, VA company recently signed on with its first carrier, Revol Wireless, an operator in Ohio with about 250,000 customers.
Softbank Capital led the $10 million second round, with Court Square Ventures and Columbia Capital also participating.
Imagine raises $15M more, for yet another video streaming technology
Imagine Communications, a company boasting powerful new streaming technology for home broadband providers, has raised a $15 million second round of financing.
The San Diego, Calif. company has R&D in Israel. The round was led by Court Square Ventures, and included previous backers Columbia Capital and Carmel Ventures.
The firm was founded by Ron Gutman and Doron Segev, previously at BigBand Networks, a company that has sued Imagine for patent infringement.
From the company’s statement:
The new financing will… Continue Reading