2080 Media scores $3M and ownership of PlayON for streaming campus sports
The game is on at fledgling startup 2080 Media. Within a week, it landed $3M in a first round of funding and bought PlayON Sports from Turner Sports International Enterprises. With this kick-off purchase, the Atlanta-based company expects to launch a niche online network streaming live high school and college sports.
Specifically, it will sell both the hardware and software needed for its clients (the schools themselves in most cases) to deliver high-resolution webcasts of typically… Continue Reading
System modernizer Relativity sells to Micro Focus for $9.7M
After a decade of struggle and decline, Relativity Technologies has sold to Micro Focus International for $9.7 million, a meager portion of the $25 million in venture backing it had raised from the likes of Intel Capital, Noro-Moseley Partners, Tall Oaks Capital Partners, Wachovia Strategic Ventures and the Wakefield Group.
Based in Raleigh, N.C., the company made software used to modernize old computer systems. It skyrocketed to glory during the late-90s dot-com boom, at one time… Continue Reading
Clearleap jumps $3.3M to bring online video to TV
Clearleap, a company that delivers video from a range of different sources to your living room television screen, announced today that it pulled in $3.3 million in debt financing from Silicon Valley Bank. These funds follow hot on the heels of a $9 million first round kicked in by Trinity Ventures and Noro-Moseley Partners.
The young Atlanta-based company hopes to use set-top boxes and partnerships with TV service providers to bring online content to television sets…. Continue Reading
Video company Clearleap raises $9 million from Trinity Ventures and Noro-Moseley Partners
Video technology company Clearleap claims it is expanding viewer options for “what’s on TV.” The details are vague as the company appears to be in stealth mode, but it says it is working a new model for bringing the near-infinite range of online video content to television.
The Atlanta, Georgia company has raised $9 million in a round led by Trinity Ventures and Noro-Moseley Partners. There’s also a regional digital media angle here. Atlanta is also… Continue Reading
Life sciences briefing: Monday, Feb. 4, 2008
TODAY’S HEADLINES:
PEAK Surgical takes in $21M for electrosurgical tools (release)
CellGate acquired by Australian cancer biotech ProGen for $2.5M (release)
Traversa raises $2M for RNAi-delivery technologies (release)
RemitDATA, Web-based healthcare-service co., takes in $5.5M (bizjournals.com)
Spinal-implant maker Archus Orthopedics gets $10M venture loan (release)
Promedior pulls down another $5.5M for fibrotic disease (release)
Acrongenomics takes 11 percent stake in Molecular Vision (release)
Hepatitis drug-developer Biolex withdraws IPO (IPO Home)
Employee drug screener eScreen gets Carlyle investment (release)
NovaMin raises $2.5M for dental-care products (VentureWire)
Cardious… Continue Reading