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March 13, 2006

Musiwave founder starts up Eyeka with VC funding

French entrepreneur Gilles Babinet, who sold his last venture to Openwave for $121M in September, has started up Eyeka with €4.2M from Ventech, the same VC that led investment in his previous company, and DN Capital in the UK.
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BusinessWeek has a video interview with Babinet, made about a year ago, when he was promoting Musiwave's US expansion

The funds are to be used to recruit a team and develop its product that is only being sketchily described as a platform for consumers to manage, optimize and value the photos and video they generate from their cameraphones. And Eyeka is going to do it in a way that mobile network operators can make money on it.

If we learn more about how a startup can both help consumers to optimize multimedia and earn mobile network operators more money from the same consumers, two seemingly opposing promises, it’ll be in a new post.

Babinet co-founded the company with Franck Perrier, who was CEO of Roger-Viollet, a photographic archive company and prior to that with Corbis France, a stock photography agency. Prior to joining Corbis, he was with BBDO and Saatchi & Saatchi for more than a decade.

The firm’s founding CTO is Yves Languepin who held the same position at the online wineshop, ChateauOnline, for the past six years. And prior to that he founded IVAO, a company that developed photo and video services, which was acquired by France Telecom in 1994.

Read - Gilles Babinet Announces (Rodrigo Sepulveda Schulz blog)
Read - Eyeka lève 4,2 millions d’euros (EETimes)

Posted on March 13, 2006 02:43 PM | Posted to Venture Capital | Wireless | Permalink

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Listed below are links to weblogs that reference Musiwave founder starts up Eyeka with VC funding:

» Eyeka vient de lever 5 millions de Dollars et lance un plan de recrutement très actif. from Jacques FROISSANT Altaïde
Eyeka, fournisseur d’applications mobiles pour vidéos et photos, créée récemment par Franck Perrier et Gilles Babinet, annonce aujourd’hui sa levée de fonds de 5 millions de Dollars. Gilles avait prédemment créé Musiwave, société revendue... [Read More]

Tracked on March 14, 2006 11:25 PM

 

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