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September 10, 2007
Mojowatch.eu: Perpetuum, Qliktech, and all Swiss Web 2.0
A couple of European startups are in the headlines this week for doing more than raising capital.
Qliktech Fast
Qliktech is the world's fastest growing business intelligence startup, according to InformationWeek. That nugget of success news came from an article about Cognos' acquisition of Applix for $329M. Qliktech has been on our radar for a few years now. It is hot in the US and Europe because its software delivers a flexible, quick turnaround on different sets of data. It does it with a new architecture that exploits today's faster chips - the older systems don't, we guess.
Read - Cognos to acquire Applix for $339M (it news)
Vibes Power Texas Instruments' Chips
Perpetuum, a startup out of the UK, has just launched its first product, a battery-less power system for TI chips targeting wireless sensor networks. It recently raised £2.2M in capital from Quester and two other institutional investors.
Several reasons why this startup is of interest beyond its garnering press for its innovation. One, it tapped Mike McTighe, one of your more venture capital savvy board members in the Uk. His portfolio includes Frontier Siliocn, CamSemi and Alphamosaic, all venture-backed semiconductor startups.
And two, it managed to make the transition from EU funded research project participant to market. It is not easy to go from the Union's byzantine grant-application hoop jumping to getting ahead in business, and yet the founders of Perpetuum seem to be making that transition.
Some background on energy harvesting and how Perpetuum fits in an article in Engineerlive , while EETimes takes a look at first product from the startup.
Swiss Webby Wonders
And last but not least, the Swiss Web 2.0 gets the treatment from Techcrunch France.
Many of the startups profiled will be familiar to regular readers as they have raised VC, but there are several newer names - the most intriguing and controversial (controversial at least in the eyes of established security heavyweights ) is WabiSabiLabi. (via Gruenderszene
Posted on September 10, 2007 06:36 PM | Posted to News And Updates | Permalink
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