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January 08, 2008
Fresh Euro Deals - Mirifice, Inside Contactless
Inside Contactless , a near field communications chip and technology developer, added two more investors, closing its latest financing round. Now Motorola Ventures and HID Global (a secure ID companyand subsidiary ofAssa Abloy) are also shareholders.
Read - InsideContactless News
Read - First closing announcement news reported by a:c euro
Mirifice has raised a further £400K from South West Ventures fund in the UK. The Bath-based company sells software that monitors end user usage of their IPTV set-top boxes. Customers include Scientific Atlanta (a Cisco company), OpenTV, Tandberg, and Virgin Media. The startup raised £250K in June of last year in a first round of funding. [via Tornado Insider]
Mountain Super Angel, a publicly traded investment fund out of Switzerland, has acquired a stake Dresden's PublicSolution GmbH, which develops board games enhanced with an electronic console and RFID tech. No disclosure on deal size.
Read - Finanztreff.de
View - PublicSolution
And just to show that some early stage VCs can say no to further financing, Hasso Plattner Ventures portfolio company Mindquarry filed for insolvency this week. The collaboration software venture had announced several months ago that it would go open source in the face of being unable to raise further financing.
Posted on January 8, 2008 02:19 PM | Posted to News And Updates | Permalink
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