ActiveVideo buys Avinity for cloud-based TV
ActiveVideo, provider of cloud-based television applications, has acquired rival Avinity Systems for an undisclosed sum. Together, the two companies will provide interactive TV service to over 5 million homes by the end of the year, reports VentureWire. Both deploy these services through cable providers like oceanic Time Warner Cable, Grande Communications and European Tele2.
The acquisition will give Los Gatos, Calif.-based ActiveVideo pre-forged partnerships with content providers and companies that make relevant components. Before, it had… Continue Reading
ShotSpotter, gunfire tracking company, raises $12 million
ShotSpotter, a Santa Clara, CA, company that enables police departments and the military to locate the precise source of gunfire, has raised $12 million in its third round of financing.
The technology, which is deployed in neighborhoods throughout 15 American cities, including Chicago, Los Angeles, Oakland, and DC, enabled the capture of a top-10 most wanted fugitive, provided the first physical evidence in the Ohio sniper case, and caused a decrease in gunfire by some 60… Continue Reading
Promptu raises $5.6 more to hold its own in voice-enabled mobile search
Promptu, the Menlo Park company that uses speech recognition to let you search on a mobile phone, has raised $5.6 million in additional financing.
Voice-powered search is an increasingly competitive field, especially in the hot area of mobile. Google last year filed a patent for voice search, and other players include V-Enable and Tellme. Tellme just launched a free mobile search feature.
This is second part of Promptu’s third round of financing. Founded in 2002, it… Continue Reading