We hadn’t heard about Ambient Devices for a long time now, but it is back in news: the “information orb” and datacasting company has received its first institutional round of funding, seven years after its launch. The company has received an undisclosed amount from Boston-based early stage VC firm .406 Ventures. Besides the initial color-changing info orb which gained some buzz when it launched in 2003, the Cambridge, MA-based company has since launched some new products such as Baseball and Football ScoreCast, the Market Maven, the 7-Day Forecaster, and the Ambient Umbrella, all focused on delivering pithy data/information on these wireless devices. The new money will be used to speed up product development, brand awareness and market penetration for its dedicated wireless information displays, it said. More details in release.
Artificial intelligence (AI) and machine learning (ML) are redefining the enterprise IT landscape, as across verticals see the potential for AI and…Read More
This venerable New York-based newspaper has provided its readers news in a balanced and objective fashion for the last 170 years. As…Read More
VP of Research Jon Collins speaks with the brilliant Saahil Panikar about digital transformation in the COVID climate, and how to apply…Read More
The fundamental underpinning of an organization is its transactions. It must do them well, with integrity and performance. Not only has transaction…Read More
The business world is in a constant state of change. It’s moving faster than ever with more elaborate legal and compliance requirements…Read More
The world has changed. Almost overnight, the COVID-19 pandemic forced millions of workers worldwide out of their offices and into their dining…Read More