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French Mobile Video Developer Eyeka Raises $4.8 Million

Authored by Mark Hefflinger on March 28, 2006 - 10:39am.
Paris - Eyeka, a France-based provider of mobile video and image service applications, announced that it has secured $4.8 million in first-round venture-capital financing just months after the company was founded. Paris-based Ventech Capital and U.K.-based DN Capital led the round. Eyeka said DN Capital's expertise in digital media and strong presence in the U.K. and U.S. would be "crucial" for its international expansion. The French firm said it would use the investment to develop its platform and hire new staff.
tags: Raise | French | $4.8 Million | Mobile Video Developer | Eyeka |

Mobile Graphics Developer Bitboys Gets $4.8 Million from Nokia

Authored by Mark Hefflinger on February 9, 2006 - 3:37am.
Espoo, Finland - Bitboys, a developer of graphics hardware for mobile devices, announced on Thursday that it has received a $4.8 million investment from Nokia Growth Partners. The investment gives Nokia Growth Partners a 14% stake in the company. Finland-based Bitboys is developing graphics processors that enable high-quality 3D and vector graphics to be displayed on cell phones, for applications like mobile games, maps and Web browsing.
tags: Mobile | Nokia | Developer | $4.8 Million | Graphic | Bitboys |

French Video Compression Developer Ateme Raises $4.8 Million

Authored by Mark Hefflinger on February 9, 2006 - 3:34am.
Paris - Ateme, a France-based developer of video compression technology, announced that it has raised $4.8 million in venture capital financing. France-based XAnge Private Equity and Ventech led the round. Ateme said it would use the funds to enhance its video compression technology and support international expansion. The company's next subsidiary will be opened in Silicon Valley, according to CEO Michel Artieres.
tags: Raise | French | Developer | Compression | Atem | $4.8 Million |