Batteries - Thursday, December 23, 2004
Cymbet - Profile
HQ: Elk River, MN
Founded: 2000
Management: CEO is Bill Priesmeyer who was SVP and Chief Financial Officer of Jostens, the biggest supplier of graduation rings and gowns. Let's hope he has the battery lingo down cold by now.
Investors: In December 2004, Cymbet raised $16.5M led by The IGNITE Group and Bekaert, and included new investors Dow Venture Capital, and Intel Capital. Series A in 2001 was for $4.5M.
Business Model: Cymbet designs "application specific" batteries that provide users with lightweight, high power solutions. The technology can be applied to integrated circuits, and eventually, new products for medical, sensor, radio frequency identification (RFID), communications and portable electronic devices. The company licensed 15 patents from Oak Ridge National Laboratory.
Competitors: Excellatron, Front Edge Technology, Infinite Power Solutions.
Dirt: Intel has made some funny investments in the past but we suspect they know good battery technology when they see it. Given that battery shortcomings are the biggest roadblock to a more wireless world, we suspect that VC firms are underfunding companies in this sector.
More Recent Articles
Behavioral Ad Network JellyCloud Raises $11.5M
Friday May 16, 2008
Redwood City's JellyCloud has called down $6.6M of a $12M Series A1 round, says PEWire. Investors are Softbank America,US Venture Partners , Crosslink Capital and Sand Hill Capital. JellyCloud is led by CEO Scott VanDeVelde who was CEO at Claria (aka adware's Gator). Others in the leadership come from Claria. JellyCloud is in semi-stealth mode but leverages patented behavioral targeting technology on behalf of Advertisers, Publishers, Software providers and ISPs. The key here is ISPs. The trend among behavioral networks is to partner with ISPs to match data that ISPs have on Web traffic with ads that want to be targeted. As with Claira, it looks like Jellycloud is starting to become controversial. We spotted some complains on message boards like this one from Darlene T: "How do i get grape.jellycloud.com to stop coming up as my home page. I don't know what it is.?" and from Woodbrooke "My internet history keeps reporting grape.jellycloud.com, i don't know what this is?" View - site...
Ask.com Picks Up Dictionary.com After It Was Jilted By Answers.com
Thursday May 15, 2008
Ask.com is buying Dictionary.com parent Lexico (which also owns Thesaurus.com. If it sounds like this is a repeat of an old post that's because Answers.com had announced it would pay $100M for Lexico last year, before that deal went south with Answers' financing. The NY Times reports that Ask.com will also pay about $100M. Ask.com says that buying Lexico will expand its audience by 11% thanks to 145M unique monthly users. An eye-popping number is that Lexico currently only has 20 employees. Wow. View - site...
Categories
- Venture Capital (271)
- Advertising (351)
- Aircraft (14)
- Alternative Energy (190)
- ASP (37)
- Batteries (9)
- Biometrics (3)
- Communications (54)
- Digital Hollywood (16)
- Digital Home (32)
- eCommerce (373)
- Educational Software (18)
- eHealth (22)
- Email Software (5)
- Enterprise Software (222)
- Euro Ventures (80)
- File Sharing (21)
- Financial Software (22)
- Games (148)
- Hardware (40)
- Homeland Security (6)
- IMterviews (6)
- IPO (35)
- Jobs (40)
- Media (289)
- Nanotechnology (14)
- Networking (87)
- News & Updates (1380)
- Online (5)
- Peripherals (36)
- Photo Software (43)
- Publishing (7)
- RFID (3)
- Robots (14)
- Satellites (7)
- Search (180)
- Security (86)
- Semiconductors (65)
- Social Networking (359)
- Space (1)
- Sponsored Post (11)
- Storage (30)
- Tech stocks (8)
- Telecom Equipment (10)
- Video (197)
- Voice (63)
- Web 2.0 (97)
- Web Development (5)
- Where Are They Now (29)
- Wireless (336)