EmSense, the company that reads your brain’s reactions to ads, gets boost

EmSense, the company that reads your brain’s reactions to ads, gets boost

EmSense — the San Francisco company that has created a device to read your mind to assess how you react to TV commercials and other media — has raised $9 million more in a third round of funding.

The company says it is trying to improve on established neuroscience technology called “EEG (Electroencephalography) recording” by offering a better way to tell marketing directors and video game developers which parts of commercials or video games people don’t… Continue Reading

Ad network Ecast raises funds to the tune of $17M

Ecast Network, a San Francisco-based company that disseminates advertising through digital juke boxes, has brought in $17 million in a round of equity, according to a filing with the SEC. It is backed by Crosslink Capital, DCM, El Dorado Ventures, LG Electronics, Foundry Group, Focus Ventures and Mobius Venture Capital. It raised $12.3 million last May, and $20 million in 2006.

E-Cast snags $17M for bar and club entertainment

E-Cast Media, a company that provides interactive media in the form of music, videos and games to display monitors located in bars, clubs and other entertainment venues, has brought in $17 million in equity, according to a filing with the SEC.

Based in San Francisco, the company is backed by Crosslink Capital, DCM, El Dorado Ventures, Focus Ventures, Doll Capital Management, Mobius Venture Capital, LG Electronics, Escalante Capital Partners and Foundry Group. It has raised $29.3… Continue Reading

Cloud Engines scores funds for easy file sharing

Cloud Engines scores funds for easy file sharing

Cloud Engines , maker of a box-like device called Pogoplug that makes external hard drives accessible from any computer or iPhone, has raised an undisclosed amount of first-round funding to create user-friendly cloud environments. Its users are able to share their files, photos and more with anyone from anywhere.

The device’s most salient feature is its ease of installation. Setting up a household server is beyond the technical know-how of most casual consumers. But users of… Continue Reading

Medialets gets $4 million for mobile ad, analytics service

Medialets gets $4 million for mobile ad, analytics service

Medialets, a combination mobile analytics and advertising service for developers, has aimed to bypass larger competitors by focusing on the innovation happening on the iPhone and Android devices. The plan has been working so far — and it has won the confidence of venture capitalists with a $4 million first round of funding from Foundry Group, DFJ Gotham and angel investor Bobby Yazdani.

The New York company provides software to developers, so they can track how… Continue Reading

Gist raises $6.75M for a smarter email inbox

Gist raises $6.75M for a smarter email inbox

Gist, a startup that helps people cope with information overload by organizing their email and more, has raised $6.75 million in a first round of institutional funding.

The Seattle startup is still in private beta testing, and I haven’t had a chance to see the product in action. Still, the concept sounds very cool — it integrates with Microsoft Outlook and Gmail to aggregate emails and related material (links, attachments, news articles) by people and company…. Continue Reading

Data-sharing service Gnip raises $3.5 million

Data-sharing service Gnip raises $3.5 million

Gnip, a company that provides technology to help other web services quickly share information provided by users, has raised $3.5 million.

Here’s how Gnip works: When a user updates their information on a site like Digg or Twitter, it takes that information and updates it quickly on the user’s accounts at other sites, such as Plaxo’s personal information aggregator service, Pulse.

The San Francisco, Calif. and Boulder, Colo.-based company has already signed partners like Yahoo and Plaxo.

The… Continue Reading

Blog search startup Lijit raises $7.1M to launch ad network

Blog search startup Lijit raises $7.1M to launch ad network

Lijit, a startup whose widget allows blog readers to search across multiple sites and accounts, is planning to launch an ad network on top of its search tool, and has raised $7.1 million to make it happen.

The Boulder, Colo. company offers basic search services, but its most interesting feature is a tool that lets bloggers tie all of their accounts into a Lijit search. So if you’re just dying to follow not only my VentureBeat… Continue Reading

Gesture recognition technology for games poised for breakthrough

Gesture recognition technology for games poised for breakthrough

update
In ten years, the gaming instruments we use today will look ridiculously old-fashioned.

The Nintendo Wii is big because it lets you move things on your screen with gestures of your hand, using a motion-sensitive paddle. But that’s nothing compared with what’s coming: controlling the screen with nothing in your hand at all. One day, very soon, you’ll be able to control an avatar or character on a screen with a mere gesture of your hands… Continue Reading

Foundry Group raises $225M to invest in early technology companies

Foundry Group, a Colorado venture capital firm started by some partners from Mobius Venture Capital, has finished raising its first fund at $225 million.

The firm initially set a $175 million target, but received more interest from limited partners, partner Jason Mendelson told VentureWire.

We reported in September that the firm had raised $160 million

Foundry’s investors include Guardian Life Insurance Co., Morgan Stanley, Parish Capital Advisors, Procific and University of Texas Investment Management Co.
The partners include Brad… Continue Reading

From Mobius Venture Capital ashes, arises Foundry Group with $160M-plus fund

From Mobius Venture Capital ashes, arises Foundry Group with $160M-plus fund

A new venture firm has emerged from ashes of Mobius Venture Capital, a well-known venture firm in Silicon Valley which struggled after it failed to perform after the Internet bubble burst.

A group led by Brad Feld, who was in the Colorado office of Mobius, and who has written a popular blog for the last several years, had formed a new firm called Foundry Group.

PE Wire reports it has raised $158.75 million from limited partners like… Continue Reading