Skype is finally free — eBay settles with Skype co-founders, clearing way for buyout

Skype is finally free — eBay settles with Skype co-founders, clearing way for buyout

EBay has settled with the founders of Skype, clearing up some nasty lawsuits that had stood in the way of a  Skype acquisition. Now the Internet phone company to be sold to a consortium of investors that includes Skype’s co-founders.

Private equity firm Silver Lake Partners… Continue Reading

Nice timing: Netbook OS startup Jolicloud raises $4.2M

Nice timing: Netbook OS startup Jolicloud raises $4.2M

Jolicloud, the company created by Netvibes founder Tariq Krim to build an operating system for netbook computers, just announced it has raised $4.2 million in a first round of venture funding.

As you may have heard, Google announced last night that it’s preparing Chrome OS, its… Continue Reading

Skype cofounders seeking $266M for their Atomico Ventures fund

Skype cofounders seeking $266M for their Atomico Ventures fund

Skype cofounders Niklas Zennström and Janus Friis are raising $266 million for their new fund, Atomico Ventures, within the year. This timeline — expedited by placement agent Probitas Partners — requires limited partners to provide a minimum of $13.3 million.

Based on Grand Cayman island (a… Continue Reading

Roundup: Adobe’s product launches, Joost, eBay-Skype charge, and more

Roundup: Adobe’s product launches, Joost, eBay-Skype charge, and more

Here’s an (updated) summary of the latest action:

–Adobe launches online-offline media player, and Share. Other applications launch using Adobe’s AIR
–Microsoft launches Office Live WorkSpace
–Joost officially launches its online TV service
–Skype makes earn-out. EBay takes $1.43 billion impairment charge for Skype, and co-founder Zennstrom steps down.
–Facebook… Continue Reading

The new video players: Kyte, DimDim

The new video players: Kyte, DimDim

There are a ton of “video player” companies out there, and they’re starting to blur.

It takes a lot to impress these days. A video player in 2007 should be able to upload any video file — from your desktop or from the Web —… Continue Reading

Weatherbill, weather insurance company, raises round

We recently pointed to Weatherbill, a weather insurance company. It has since launched, with funding from New Enterprise Associates and Index Ventures.

A number of other indivduals have invested, including del.icio.us founder Joshua Schachter, Skype founder Niklas Zennstrom (through his Atomico fund) and Howard Morgan (idealab… Continue Reading

Jott raises $1 million to covert voice from mobile phone into text

Jott Networks is a new Seattle startup that allows anyone with a cell phone to convert their voice into text and have it delivered via e-mail. See John Cook’s story here.

It has raised $1 million in seed funding from Ackerley Partners, Draper Richards and a… Continue Reading

The Venice Project — a Skype for TV

The Venice Project — a Skype for TV

The Skype co-founders Janus Friis and Niklas Zennstrom signed an accord with eBay when their company was acquired.

Under that accord, they can not use Skype peer-to-peer technology to launch another business in the telephony area. So that leaves video.

And once you’ve got entrepreneurship in your… Continue Reading