ManageSoft brings in $2M for compliance software
ManageSoft Holdings, developer of software that manages the transfer of information between desktop computers and datacenters, has nabbed $2 million in debt financing from BlueCrest Capital Finance, reports VentureWire.
The Boston-based company’s top product is called Enterprise Compliance Manager, a software platform that allows its clients to check the software it currently runs against a full inventory of the software it owns. That way they can determine if a piece of software is properly licensed across… Continue Reading
Altair Semiconductor raises $22 million for cell phone WiMax processors
Altair Semiconductor has raised $22 million in a third round of funding for its cell phone chips. The chips can process so-called 4G wireless technologies, such as WiMax, which brings both voice reception and high-speed Internet data connectivity to cell phones. The chips can also process LTE (Long Term Evolution) cell phone signals and XGP (a Japanese wireless technology) network calls.
The company’s ALT2150 chip, a mobile WiMax processor, is in a variety of handsets already.
The… Continue Reading