Chicago-based Geofeedia, a provider of location-based social media intelligence, has raised $3 million in Series A4 financing. Hyde Park Venture Partners led the round with follow-on participation from Tim Kopp, former CMO of ExactTarget; David Gupta, founder and CEO of SDI Enterprises; and Gene Delaney, former president at Motorola.Continue
Geofeedia has received $3.5 million in Series A round of financing. Hyde Park Venture Partners led the round with participation from Blue Vista Ventures, Glade Brook Capital, Tim Kopp, former CMO of ExactTarget, SDI Enterprises CEO David Gupta and Gene Delaney, former president at Motorola. In conjunction with the funding, Kopp, Gupta and Delaney have been added to Geofeedia’s board of advisors. Based in Chicago, Geofeedia is a location-based social media monitoring company.Continue
To end your week, First Read reveals how a brothel owner sealed the deal to [...]Continue
Pepperdata, a software company in Sunnyvale, Calif., said Tuesday that it has closed $5 million in Series A funding. Signia Venture Partners and Webb Investment Network led the round with participation from other investors that included Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo; Ed Zander, former CEO and chairman of Motorola; and Andy Ludwick, Pepperdata board member and founding CEO of Bay Networks. According to the firm, the capital will be used for product development and sales and marketing expansion.Continue
Singapore Telecommunications Ltd., or SingTel, said Monday that it would pay $321 million to acquire Amobee Inc., a Redwood City, Calif.-based developer of mobile advertising technology. Amobee has raised venture financing from investors including Cisco Systems, Motorola, Telefonica, Vodafone, Accel Partners, Globespan Capital Partners and Sequoia Capital. SingTel is 55% owned by Singapore sovereign investor […]Continue
So what do we call this new entity — assuming Uncle Sam allows the deal to go through? A number of pubs are already calling it Googorola. (TechCrunch may have been the first to use that name.) Our own Mark Boslet thinks Moogle is a better name. That would be apropos if you think the combined company won’t have any magical abilities, like the “muggles” in the Harry Potter books.
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Consider this. Venture investors put $21.8 billion into 3,277 deals last year. But money going into new funds came to just $12.3 billion, down from $31.2 billion in 2007. Unsustainable on the face of it. So who has the money, and is that money interested in venture? The answer is corporations. And yes, they are […]Continue
This year is the year of the tablet computer at CES …and the year the war broke out among makers of tablet operating systems. The question I have is whether the chaos and conflict will create opportunities for startups. Most every major consumer electronics vendor has been talking up iPad-like tablets at the nation’s largest […]Continue
Tablets, tablets and more tablets. A swarm of iPad competitors is what we should expect from this year’s CES, the nation’s largest consumer electronics trade show held this week in Las Vegas. I arrived at the show last night for the opening event, and most vendors seemed singly focused on the expected hockey stick like […]Continue
Motorola Inc said it will buy venture funded cleantech and home media startup 4Home Inc. The deal’s value was undisclosed. The cell phone giant made the announcement on Wednesday. It said the transaction would close by the end of the year. 4Home of Sunnyvale, Calif., makes software that gives homeowners centralized control over appliances and […]Continue
Motorola Inc. bought Aloqa GmbH, a Pal Alto, Calif.-based company that develops location-based software and technologies for smartphone users. Financial terms were not disclosed. The transaction marks Wellington Partners’ exit from Aloqa.Continue
Motorola (NYSE: MOT) has acquired BitBand Inc., an Tel Aviv, Israel-based provider video-on-demand technology for IPTV. No financial terms were disclosed. BitBand had raised over $9 million in VC funding from Apax Partners, Sequoia Capital, Aviv Venture Capital, the Challenge Fund and Ascend Technology Ventures.Continue
NEW YORK (Reuters) – U.S. mobile phone maker Motorola Inc (MOT.N) is revisiting its plan to reorganize its business units and as a result, the auction of its home and networks division has slowed down, a source familiar with the matter said on Thursday. Motorola’s board will meet at the end of January to decide […]Continue
Motorola has agreed to acquire the assets of SecureMedia, a provider of software-based digital rights management (DRM) and security systems for IP video distribution and management. No financial terms were disclosed. SecureMedia had raised over $4 million in VC funding from M/C Venture Partners.Continue
NEW YORK (Reuters) – U.S. mobile phone maker Motorola Inc’s set-top box unit has generated a lot of private equity interest, with a number of major buyout firms putting in initial bids this week, sources familiar with the matter said.
Motorola is exploring a potential sale of its television set-top box and wireless networking equipment business, sources told Reuters last month. Called “home and networks mobility,” the unit had $10.1 billion in 2008 sales.
The first round expressions of interest, due Wednesday, came from private equity firms including Bain Capital, TPG Capital, Blackstone Group LP, KKR and Silver Lake Partners, the sources said.Continue
NEW YORK (Reuters) – Motorola Inc (MOT.N) said on Friday it is buying privately held RadioFrame Networks’ iDen wireless technology business to combine it into its own network equipment unit. Motorola, which invented the iDen mobile phone network technology, said RadioFrame’s business would expand its portfolio of wireless base stations for networks using noncontiguous spectrum […]Continue
NEW YORK (Reuters) – Motorola Inc (MOT.N) is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday. Motorola is in the early stages of seeking buyers for the unit, whose suitors include private equity firms and other communications […]Continue
Zephyr Technology Corp., an Annapolis, Md.-based provider of physiological and biomechanical monitoring solutions, has raised an undisclosed amount of equity funding from Motorola Ventures.Continue