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Posts Tagged ‘inv:Vista-Ventures’

Here’s the latest action:

nightcourt.JPG Rulings could make website owners more vulnerable to lawsuits — Decisions made by judges in two separate cases, against Friendfinder.com and Roommates.com, could expose websites to potentially harmful lawsuits, according to an article on CNET. Websites were previously immune to most lawsuits based on content added to their sites by others.

Video search firm Meevee wants to throw in the towel — “Combining with an established player will maximize the potential for the community, technology and content relationships the company has built,” in-video search company Meevee said in a press release yesterday. Translation: Despite some growth, 1.1 million unique users per month just isn’t cutting it for a company that took $27 million in funding. Investors included Bay Area Equity Fund, Defta Partners, FCPR Israel Discovery Fund, Labrador Ventures, Rothschild Ventures and WaldenVC, according to peHUB. We wrote more about the company’s business model here.

Scientists learn to map CO2 emissions — Researchers have found a way to do daily tracking of carbon dioxide emissions based on locality. Preliminary results show the Southeast is an even heavier emitter than previously realized (but California produces a lot, too). It seems likely that such maps could someday be used to help address problem areas, when attempting to scale back emissions.

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EMC lays down $213M for storage firm Iomega — Iomega, the maker of the popular branded storage drives Zip and Rev, sold itself to information infrastructure company EMC for $213 million. EMC has three main divisions, in content management, information security and storage; the acquisition should help it expand further into the consumer market.

Nimsoft acquires Indicative SoftwareNimsoft works in the information technology management field, competing with the “Big Four” made up of Hewlett-Packard, CA, IBM and BMC, while Indicative Software makes domain monitoring and end-user experience testing tools for IT departments. The acquisition price was not disclosed. Indicative had taken $19 million from Sequel Venture Partners, Sutter Hill Ventures and Vista Ventures. [Red Herring]

Search engines pressured to delete user info more quickly in Europe – Google and other search engines should delete info showing what users searched for within six months, says the European Commission, which is considering making the suggestion a commandment. Google global privacy counsel Peter Fleischer claims the data should be kept for up to 18 months in order to help protect user’s identities, but the argument may not sway the EU. Thanks to the global nature of the internet, any decision made overseas may well be reflected at home.

Mytopia raises part of first round for cross-platform gaming — We recently wrote about Mytopia, which is working on connecting games across platforms like Facebook and MySpace. It’s raised about half of a sub-$5 million first round of funding, according to VentureWire. Update: According to Mytopia itself, they’re simply “in the midst” of raising a first round, and have not disclosed the total amount they’re aiming for.

roundup3.JPGFloating solar balloons proposed to power remote regions — Israel’s Technion Institute of Technology has created a design for floating, thin-film solar cell-coated balloons capable of generating about a kilowatt of power each, aimed at powering remote regions. It plans to start selling them in spring 2009. One question: Don’t remote regions, almost by definition, have plenty of free space on the ground? [Reuters via Ecogeek]

newsgatorlogo1212.pngRSS services company NewsGator has gained a promising number of business clients even as its consumer-focused feed reader services face increasing competition from Google, Yahoo and others.

RSS, often called Really Simple Syndication, has proven to be a key web standard, and NewsGator is one of the many companies to benefit. RSS is a method of formatting data in a software service, such as the text or photo of a blog post, structured so that the data can be sent to and displayed by other sites.

Hoping to gain more market share both with businesses and consumers, the Denver, Colorado company has closed a $12 million round in a fifth round of financing. It previously raised $17 million.

RSS feeds can be useful for anyone from news junkies to a company’s employees — “feeds” can be aggregated from blogs, wikis and other software, to help people more quickly process large amounts of information.

NewsGator is perhaps best known for the two desktop feed readers it purchased — Windows feed reader, FeedDemon and its Mac feed reader NetNewsWire — along with related services like feed readers for mobile devices. These feed readers display a list of feeds that you choose to subscribe to, a substitute for going to each web site you want to follow each day. Although NewsGator’s feed readers have been available for years, they are facing increased competition from Bloglines and Google Reader.

NewsGator has a quality list of business clients, however. Its “Enterprise Server” lets IT departments install local versions of its software, so employees can get feeds from the web, and integrates this with the other software the employees use. NewsGator says more than a hundred mid to large-sized businesses are using this service to aggregate information from internal blogs and wikis (more here).

usatodaynewsgatorwidget.png The company also has more than 50 media companies using its widget distribution service, including USA Today, Newsweek and the San Jose Mercury News. These widgets are distribution mechanisms for RSS feeds, where another web site can put a widget showing these feeds on their own web pages (see USA Today screenshot).

Social networking developer platforms have also opened up new opportunities for NewsGator RSS feeds and widgets to reach consumers. The company quickly jumped on the Google-led “OpenSocial” set of standards, whereby third parties can build applications that can work on any OpenSocial member network. It created a Flash widget called Didjahear!?, that displays video, photo and text content from the two million RSS feeds that NewsGator collects on the web.

This widget, the company told us last month, gathers data on what content you and your friends click on and share, within social networks that are a part of OpenSocial.

If you use NewGator to create a widget for Myspace featuring your favorite online videos of, say, soccer clips, NewsGator will learn which videos your Myspace friends clicked on, spent the most time watching and forwarded to others.

Mobius Venture Capital, which first invested by itself in 2004 (before Bloglines sold to Ask), is returning, along with Masthead Venture Partners. Vista Ventures is joining this round.

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