Spectrum Bridge lands $8.1 for airwave marketplace
Spectrum Bridge, a company that lists licensed airwaves for sale, has raised $8.1 million in second-round funding from Espirito Santo Ventures, True Ventures, Telecommunications Development Fund, Milicom Venture Partners and its own founders.
Based in Lake Mary, Fla., the company launched its web site SpecEx.com in September, and already has 1,000 posted listings for licensed segments of the radio spectrum. About 100 buyers and sellers are registered on the site.
Spectrum Bridge previously raised $2 million in… Continue Reading
Spectrum Bridge closes $7.4M for radio spectrum auctions
Radio spectrum marketplace Spectrum Bridge just brought in a $7.38 million tranche of an anticipated $8.15 million second-round of financing. Espirito Santo Ventures, Milcom Technologies, Telecommunications Development Fund and True Ventures contributed. The Lake Mary, Fla.-based company aims to give licensed spectrum holders an opportunity to monetize unused segments by auctioning them off to other companies, educational institutions, and government agencies looking for a deal on quality, licensed airwaves.
Inlet Technologies raises $10M more for video encoding
Inlet Technologies, which offers multi-format video encoding technology, has raised $10 million in a third round of funding. The funding comes from Core Capital Partners, Technology Venture Partners, Telecommunications Development Fund and the Capitol Broadcasting Company.
The Raleigh, N.C.-based startup has raised $20.5 million total. Its technology has powered applications for Major League Baseball Advanced Media, Microsoft and others, and its customer base has grown 400 percnet in the last year.