MFoundry has emerged as a leader in mobile banking, providing its Software-as-a-Service model to almost 600 banks, credit unions and other financial institutions. Now it’s raising $18 million from MasterCard, Intel Capital and others to expand its mobile banking business into mobile payments. Read More »
Tech
Intel Capital is loading up on its social gaming bet with a new investment in top Facebook game developer CrowdStar, which is taking $23 million in its first major funding round. The investment underscores the growing momentum in social gaming as it expands to mobile devices.… Read More »
Intel today said it’s invested an undisclosed amount in Joyent, the 6-year-old Sausalito, Calif.-based startup that started out as a web hosting company but eventually evolved into a cloud service provider. Neither Intel nor Joyent disclosed the amount of money invested, but Intel’s… Read More »
Sense Networks, a location-based services company headquartered in New York, said today it’s raised an undisclosed amount of money from investors led by Intel Capital. Citing a gag order from Intel, CEO Greg Skibiski not only wouldn’t say how much the round was for, he… Read More »
Like any emerging industry, the cleantech world tends to accuse newcomers of being interlopers, and that’s probably the initial thought many had when news hit that former Intel chairman Andy Grove is advising the company to move into the electric vehicle battery market. Realistically,… Read More »
The global economic downturn has started to take its toll on Silicon Valley, especially since the news of an emergency meeting Sequoia Capital held for its entrepreneurs, asking them to buckle up for the nausea-inducing ride that lay ahead of them. In the weeks that… Read More »
When the times get tough the tough choose cheaper, open-source phone systems. Such seems to be the theme of Fonality CFO Dan Rosenthal’s chat with me about the company’s latest $12 million venture funding led by Draper Fisher Jurvetson Growth Fund with participation from existing investor… Read More »
Internet video portal and software maker Veoh has raised $30 million from Intel Capital, Adobe Systems Inc. and Gordon Crawford, senior vice president of Capital Research Global Investors, NewTeeVee is reporting, bringing the company’s total funding to just shy of $70 million. The funding… Read More »
SkyCross, which was spun off from BAE Systems in 2002, has discovered a way to make one antenna act like three or four. And the proliferation of the company’s isolated mode antenna technology, or iMAT, could improve network operations. Read More »
BlackArrow, a San Mateo-based start-up is bringing web inspired ad management system that will help large cable operators like to better monetize their ad-inventories and goose up their revenues. The stealth mode company has also announced $17 million in new venture capital… Read More »
Rejoice people, for now you can get a one megabit down/256 kbps up service from MetroFi’s in 75% of Cupertino, California – world famous for being home to Apple Computer. Read More »
President Bush has renominated and the Senate has confirmed Commissioner Jonathan Adelstein to a full term on the FCC. During his time on the Commission, Mr. Adelstein has brought to communications issues considerable expertise , a formidable intellect, and a… Read More »
