October 19, 2006
Benchmark Capital Europe and BayTech Venture Capital inject $ 10 million Series B funding into spodradio
spodradio, the first worldwide radio and podcast hub for mobiles, today announces $ 10 million of Series B funding from Benchmark Capital Europe, the top-tier venture capital firm behind eBay, Betfair and Bebo, together with BayTech Venture Capital. BayTech is a Munich-based VC firm which backed spodradio in Series A funding with $ 2.4 million in 2005.
The funds will be used to accelerate spodradio’s expansion into international markets and help develop new services, establishing spodradio as the world’s leading provider of mobile radio applications.
By intelligently organizing an ecosystem of content, radio providers, mobile operators and
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BayTech Invests in Linux Collaboration Software Company Open-Xchange
The fast-growing open source company will focus on R&D and marketing
Munich, Germany, September 13, 2006 – BayTech Venture Capital has made an undisclosed first round investment in Open-Xchange, a Tarrytown, NY-based vendor of Linux-based collaboration software. The company plans to use the funds to expand research and development and accelerate its marketing activities.
Open-Xchange Server 5 enables Smart Collaboration™ by providing mission critical collaborative functions like email, calendaring, contacts and task management, fully integrated with advanced features such as Smart Linking, Smart Permissions, document sharing, project
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Europe Technologies becomes Scaleo chip
Sophia Antipolis, June 20, 2006 - Europe Technologies, a French company specialised in the development of ARM systems on chips (SoC), with one-of-a-kind expertise in the field of multicore architecture, is changing its name to become Scaleo chip as of 1st June 2006. For the occasion the company will adopt a new logo and an innovative strategy led by a new management team.
Scaleo, inspired by the word "scalability", shows both the modularity and the flexibility of the offer. A blue logo in the form of cubes recalls the modular blocks that allow the creation of a custom SoC.
"This change in name and logo takes place within a dynamic climate for
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BayTech Venture invests in Micro-imaging Solutions Company Eyesquad
Munich, Germany –April 7, 2006 – BayTech Venture Capital has lead a € 4 million Series A funding round with co-investor Adara Ventures in Eyesquad, an innovative micro imaging systems company providing groundbreaking solutions for cameras in camera phones and other micro-imaging applications. The company will use the capital to expand its research and development and accelerate its marketing activities.
Eyesquad’s technology enables the affordable production of camera phones with advanced features currently only available in digital still cameras (DSCs). That includes improved image quality, continuous optical zoom, built-in auto-focus and
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BayTech Venture Capital invests in Financial Services Firm abaXX
Munich, March 9, 2006 -- BayTech Venture Capital, the German early-stage venture capital firm, has led a €3.8 million funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions.
BayTech joins previous investors Earlybird Venture Capital and 3i plc in funding abaXX’s expansion. The company will use the funds to grow its sales and marketing efforts and fund expansion outside Germany, in particular in Switzerland, France, Italy, the Benelux and in Eastern Europe.
“Many banks have not invested in their IT infrastructure over the past several years, but we expect
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UDcast announces delivery of its 100th IP Encapsulator a core component of DVB-H networks infrastructure
Sophia-Antipolis, France, February 6, 2006 - UDcast, leading provider of IP over broadcast media (Satellite, TV, Radio), announced today the delivery of its 100th DVB-H IP Encapsulator, the IPE-10, a key element of the network infrastructure needed for the delivery of TV to mobile devices.
In order to cost-effectively and reliably deliver contents such as live television to a large number of mobile devices, service providers must address the issues of scalability and mobility. At the same time, the power consumption of mobile devices and the indoor reception with small antennas are a concern. The DVB-H open standard, approved by ETSI
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Excellence in Technology Award: EnOcean GmbH, Germany
January, 2006 - Frost & Sullivan’s 2005 Excellence in Technology Award in the field of energy-harvesting wireless technologies goes EnOcean GmbH, a spin-off from Siemens AG, of Germany for its development of the STM 100, an innovative wireless sensor module based on the company’s proprietary radio technology. This module facilitates realization of wireless and maintenance free sensors.
The sensor revolution has heralded new systems that work with hundreds of sensors. However, there exists a need for energy autonomous solutions. When we talk about systems with hundreds of sensors it makes no sense to have that many batteries. Moving objects,
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