Archive for category: All Stories

3D Camera Startup Matterport Raises $16 Million
/ July 8, 2014 5:23 pm
3D Camera Startup Matterport Raises $16 Million

TechCrunch reports that Matterport has raised $16 million in its recent round of funding. The funding round was led by DCM with participation from AME Cloud Ventures, Felicis Ventures, Lux Capital, Navitas Capital, Greylock Partners, Qualcomm Ventures, AMD Ventures, Rothenberg Ventures, Sling Media co-founder Blake Krikorian, and Crate & Barrel founder Gordon Segal. Read More

Atmel to Acquire Wireless Chip Maker Newport Media for $140 Million
/ July 8, 2014 5:23 pm
Atmel to Acquire Wireless Chip Maker Newport Media for $140 Million

VentureBeat reports that Atmel has agreed to purchase wireless chip maker Newport Media for $140 million as part of a move into smart connected devices with apps. The agreement is the latest sign that chip makers are actively moving for a vast market with the potential to sell billions of components to power smart connected devices. Read More

FishBrain, A Social Network For Anglers, Raises $2.4 Million
/ July 8, 2014 5:23 pm
FishBrain, A Social Network For Anglers, Raises $2.4 Million

TechCrunch reports that FishBrain has raised $2.4 Million in its Series A Round of Funding. The funding round was led by Active Venture Partners and Northzone with participation from GP Bullhound and Edastra Venture Capital, as well as existing investors Mathias Ackermand, Rikard Steiber and ALMI. FishBrain is a made in Sweden mobile app and social network for anglers. . Read More

YouTube’s Revenue Surpasses $3.5 Billion in 2013
/ July 8, 2014 5:23 pm
YouTube’s Revenue Surpasses $3.5 Billion in 2013

VentureBeat reports that YouTube was profitable off $3.5 billion in revenue generated in 2013. Google owns YouTube, but the company has never stated the streaming service’s revenue figures within its quarterly or annual earnings reports. The $3.5 billion figure is also from a tad to a lot lower than analysts’ predictions. For example, eMarketer estimated that YouTube would make $5.6 billion in ad revenue for . Read More

British Songwriters Goes Against YouTube by Issuing a Legal Statement
/ July 8, 2014 5:23 pm
British Songwriters Goes Against YouTube by Issuing a Legal Statement

DigitalMusicNews reports that The British Academy of Songwriters has given a statement by supporting independent labels in their fight against YouTube’s music service contract. Last week, YouTube told uncooperative indie labels that if an agreement might not be reached, then content would be taken down. . Read More

Microsoft Opens Pre-orders for a New Version of the Kinect Sensor for Windows
/ July 8, 2014 5:23 pm
Microsoft Opens Pre-orders for a New Version of the Kinect Sensor for Windows

GamesIndustryBiz reports that Microsoft has opened pre-orders for a new form of the Kinect sensor for Windows, ahead of its launch on July 15. Kinect for Windows v2 is priced at $199/£159, and will feature the same largely improved capabilities as the Kinect that shipped with the Xbox One. Microsoft's target market is application developers, so the device will not be shipped with any software, and a separate license is essential for the SDK 2.0. Developers now can build applications in C++, C#, or Visual Studio Basic. . Read More

mBlox Raises $43.5 Million in New Funding Round
/ July 7, 2014 6:45 pm
mBlox Raises $43.5 Million in New Funding Round

mBlox, a provider of app-to-person text messaging, said on Monday it has raised $43.5 million in a new round of funding. Participants included Comerica and Horizon Technology Finance, as well as previous backers Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratem and Saints Capital. . Read More

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