WiMax chip provider Beceem raises $20M
Beceem Communications, one of the top providers of WiMax chipsets, announced that it’s brought in $20 million in a fifth round of funding to scale its manufacturing operations.
The round was led by Motorola and included Global Catalyst Partners, Khosla Ventures, KTB Ventures, Walden International, Intel… Continue Reading
Meebo partners with Hearst Magazines Digital Media, teen girls rejoice and chat
Meebo, the company that powers social interaction through instant messaging and group chat on its own and partner sites, has partnered with Hearst Magazines Digital Media, a unit of Hearst Magazines. Seventeen.com and Popularmechanics.com are two of the digital media properties that are integrating Meebo’s… Continue Reading
Brightstorm nabs $6M, launches into the booming online education market
While politicians spend plenty of time arguing over education, parents and students seem to be resigned: Public school just doesn’t cut it. As demand for alternate instruction rises, new Internet offerings are blooming. The latest is Brightstorm, which today announced $6 million in first-round financing… Continue Reading
Rosum raises $15 million for mobile GPS alternatives
Rosum has raised $15 million to invest in its navigation technology which is an alternative to global positioning system (GPS).
The Redwood City, Calif., company uses signals embedded in broadcast TV signals to fix the location of different moving objects. It serves as an alternative to… Continue Reading
IGA raises $25 million to capture future in-game ad market
IGA Worldwide, a New York-based provider of advertising that appears within video games, has raised $25 million from a collection of venture capital, private equity and large media firms.
The potential market for in-game advertising is big, even as some analysts trying to measure it are… Continue Reading
Beceem raises $40M more for mobile WiMax offering
Santa Clara’s Beceem Communications, a leading provider of WiMax chips for mobile phones, said it has raised more than $40 million in a fourth round of financing, and may raise more.
The promise of WiMax is that it ranges as far as 10 miles, while WiFi… Continue Reading