Business intelligence company Manthan Systems raises second round
Manthan Systems, which provides business intelligence and analytics software to retailers, has a raised a second funding round of “up to” $15 million. The round was led by Fidelity International, with participation from existing investors IDG Ventures India and DFJ ePlanet Ventures. The company is based in Bangalore, India.
Life sciences briefing: Thursday, Dec. 27, 2007
TODAY’S HEADLINES:
India’s Perfint, medical-device co., raises $3.5M (release)
Source MDx strikes Pfizer partnership to ID cancer, inflammation “fingerprints” (release)
Columbia River Resources acquires pharma RFID maker Traxxec (release)
India’s Perfint, medical-device co., raises $3.5M – Perfint, a Chennai, India-based producer of medical equipment, raised $3.5 million in a new funding round.
IDG Ventures India and Erasmus Venture Fund provided the cash. IDG supplied the bulk of the investment — $3 million — with Erasmus providing the rest.
Perfint’s first product,… Continue Reading
3d models coming to the web, cell phones?
Two-dimensional display modeling on computers developed out of necessity, not choice. Three dimensions can easily be displayed on a screen, but 3D representations are difficult for computers to process and hold in their memory.
However, games like Second Life, office utilities like Qwaq (our coverage), and applications like Google Earth are slowly bringing 3D into everyday computerized life. Now a company called 3D Solid Compression (3DSoC) says it can bring easy 3D representation to the internet,… Continue Reading