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added: Wed, 29th March 2006 | 511 views | 0x in favourites
feed url: http://www.nwinnovation.com/news/news.rss
High tech news and information for Seattle, Portland, and the rest of the Pacific Northwest
Rob Monster, head of Seattle-based venture capital firm Monster Venture Partners, has launched a new venture based in Virginia, focused on patents. Patents.com, which launched earlier this month, provides an online web site for searching and finding patents. According to the firm, it will allow users to search for patents in English, Japanese, and Korean, and is focused on helping scientists, engineers, and patent professionals find, buy, sell, and license patents. Monster is co-founder and Chairman of the new firm, which is based in Sterling, Virginia with offices in Bellevue.
Computing heavyweight Microsoft Corp. revealed last night that it has signed a patent cross-licensing agreement with Tokyo-based camera manufacturer Nikon Corp. Terms of the deal were not disclosed, but Microsoft did say that it is being compensated by Nikon. The Redmond, Wash.-based firm added that the agreement covers Nikon's digital cameras and a "broad range" of consumer products that each company manufactures and sells. Microsot said the agreement was the latest in what are more than 500 licensing agreements with such firms as LG Electronics, NEC Corp., Pentax, Samsung, Olympus Corp. and Nortel Networks.
Seattle-based Delve Networks has signed a partnership with PLYmedia, a provider of web video technology, the firm said this week. Delve Networks -- formerly Pluggd -- said that the two have teamed to integrate PLYmedia's services and tools into Delve's web video platform. Financial terms of the deal were not disclosed. PLYmedia's tools include subtitling, close captions, sign language, and voice overs to videos. Delve provides video publishing tools and hosting, and is venture backed by DFJ Frontier, Intel Capital, and Labrador Ventures.
Seattle-based Daptiv has scored $9M in a second tranche of Series B funding from Bay Partners, Kennet Ventures, and Silicon Valley Bank, according to reports. Daptiv develops business software used for managing projects and project teams, and previously raised $18M in two earlier rounds of funding. Daptiv was formerly known as eProject. The funding was first reported by VentureBeat.
Pharmacy automation software publisher Talyst Inc. reported Wednesday that it has promoted Carla Corkern to chief executive officer. Corkern, who also sits on the Bellevue, Wash.-based company's board of directors, had been serving as interim CEO since May. Talyst said she joined the company two years ago as chief operating officer. Talyst described Corkern as an 81-year technology and supply chain management veteran. Prior to joining Talyst, she was chief operations officer at Vykor Inc. Before that, she was general manager of Netegrity's portal business.
Trumba Corp. revealed yetserday that the Seattle Seahawks professional football team has selected a Trumba application to help distribute its 2008-09 season schedule. The financial impact of the customer win was not disclosed. A Seattle-based publisher of event marketing software, Trumba said the hometown 'Hawks of the National Football League are using Trumba Connect to power a downloadable schedule that allows fans to set reminders, share schedules and add games directly to their personal calendaring systems. The Trumba-enhanced schedule is available at the Seahawks' web site. Trumba is a privately held company backed by Kleiner Perkins Caufield & Byers, August Capital and Oak Investment Partners.
RF module manufacturer TriQuint Semiconductor reported this week that it has received two awards from Northrop Grumman Corp.'s Electronic Systems division. TriQuint said it received the awards at the defense contractor's recent 2008 Supplier Conference. Specifically, TriQuint said it was recognized as a strategic supplier and for innovation in bulk acoustic wave technology. TriQuint noted that it was one of 32 companies honored at the event and the only one to capture two awards. Founded in 1985, TriQuint is headquartered in Hillsboro, Ore., and maintains manufacturing facilities there and in Texas, Florida and Costa Rica. The company also has design facilities in North America and Germany.
RadioFrame Networks Inc. announced Wednesday that it has raised $28M in a sixth round of equity and debt financing. The Redmond, Wash.-based company, which provides picocell radio access devices for mobile phone operators and their OEM partners, said first-time investor Plainfield Asset Management and existing investors Ericsson Venture, Ignition Partners and VantagePoint Venture Partners led the Series F effort. COM Investments, Samsung and Innovacom (formerly Orange Ventures) also participated, RadioFrame said, adding that it will use the money to fund ongoing operations and to develop additional radio access solutions for the femtocell and picocell market. RadioFrame's hardware is used for providing cell phone access in limited access areas such as buildings and homes. The round brings RadioFrame's total raise to over $100M in equity and debt.
Airbiquity Inc. reported Tuesday that it has hired Ralf Hug as vice president of product management and marketing. The Seattle-based wireless communications services provider said Hug will direct its marketing and product management efforts for its offerings in the automotive telematics and portable navigation device sectors. Prior to joining Airbiquity, the company said, Hug was vice president of marketing for NAVIGON. Before that, he held senior management and marketing roles at Garmin International, Mercedes-Benz USA, Philips Electronics and other major technology companies, Airbiquity said.
IntelliCheck Mobilisa Inc. reported Tuesday that Rick Sykes has joined the company as director of government business development. The Port Townsend, Wash.-based business, which manufactures handheld identity and wireless devices for military and commercial uses, said Sykes' chief duties will comprise establishing and maintaining business relationships with the military and various government agencies. Sykes, ICMobil said, will also manage the government sales force for its Defense ID product line and for its new Transportation Worker Identity Credential reader. ICMobil described Sykes as a U.S. Navy veteran with more than 25 years of sales and business development experience, including stints with Eid Passport, Holocom Networks, Netaccess and Tylink.
Seattle-based online retailer Amazon.com has purchased fellow Seattle firm Shelfari, an online site focused on books and social networking. Shelfari announced the acquisition on its blog Monday evening, but did not disclose terms of the deal. Shelfari was venture backed by Amazon.com and Curious Office Partners. According to Josh Hug, President of Shelfari, the firm has some "big plans" ahead and will use more resources and Amazon's expertise in building its platform. No other details on the acquisition were released.
Device reputation and fraud prevention specialist iovation revealed Tuesday that it is teaming with IDology Inc. to offer online businesses a multi-layered authentication and fraud prevention application that aims to reduce online fraud and identity theft. The Portland, Ore.-based business said the combined solution will achieve those results by leveraging best-of-breed identity and device-based fraud management techniques. Specifically, iovation said IDology will provide its identity-proofing technology while iovation will pitch in its device reputation service, which takes mere milliseconds to determine whether a specific computer has been previously been associated with fraud. Founded in 2003, IDology is headquartered in Atlanta.
Fios Inc., a provider of electronic discovery management services to corporations and the legal industry, revealed Tuesday that it has partnered with three e-discovery software publishers. The Portland, Ore.-based business said its newly formed strategic partnerships with iCONECT Development LLC, Content Analyst Co. LLC and Exterro complement the data management and consulting services it already offers. Specifically, Fios said it has strengthened its data management center service through the integration of iCONECT's nXT litigation support and collaboration platform. Similarly, Fios said its clients will use Content Analyst's search and text analytics applications to process large amounts of digital data. And Fios noted that it is now the professional services implementation partner for Exterro's Fusion legal hold management utility.
Seattle-based Triphub.com, an online startup focused on group travel arrangements, has shut down its service as of Friday, the firm said. Triphub informed its users of the shutdown earlier this month. In a post to its users, Triphub blamed the current economic environment and state of the travel industry for the shutdown, saying that the company "simply ran out of money to continue executing on our vision." Triphub was venture backed by Madrona Venture Group.
Seattle-based application delivery software publisher F5 Networks Inc. revealed Monday that an online shopping network has adopted F5's BIG-IP WebAccelerator application. The financial impact of the customer win was not disclosed. F5 explained that WebAccelerator will help Ritz Interactive Inc.'s network of Web sites serve their content to customers faster and more reliably. Headquartered in Irvine, Calif., Ritz operates several camera- and outdoors-themed sites, including RitzCamera.com, WolfCamera.com, CameraWorld.com and BoatersWorld.com. F5 said Ritz selected WebAccelerator for its optimization and compression capabilities and for its ease of deployment and configuration.
CreateSpace, a property of Seattle-based online retailer Amazon.com Inc., revealed Monday that MTV Networks will use CreateSpace's technology to produce DVDs of select television shows from its network of cable channels. The financial impact of the new business was not disclosed. CreateSpace provides a DVD-on-demand manufacturing process which allows publishers to offer DVD titles for sale and then burn and label those DVDs on demand. CreateSpace said the DVDs will be made from shows that air on MTV, Nickelodeon, Comedy Central and VH1, including "Newport Harbor," "Celebrity Rehab With Dr. Drew," "Drake & Josh" and "Hey Arnold!" This marks the first time those titles are available on DVD, CreateSpace noted, adding that the new releases will initially be sold only at Amazon.com. CreateSpace's technology manufactures discs only after a customer has ordered them.
Port Townsend, Washington-based Intelli-Check - Mobilisa, Inc. said Friday that the firm's products have been installed at the Marine Corps Base (MCB) Quantico in Virginia. According to the firm, the firm's products--which are used for access control and security--were installed at the base as part of $160,000 contract for equipment, installation, and training. The firm's products are being used to screen and check IDs.
Beaverton, Oregon-based Micro Power, a developer of portable power packs for the electronics industry, said this week that the firm's products are being used on the International Space Station. According to the firm, it has manufactured a custom lithium battery pack for a Automated External Defibrillator for the ISS. The equipment was launched on the space shuttle Discovery on May 31st. The battery is being used on the space station as part of a system for treating a heart attack. Micro Power's battery systems are targeted at the medical equipment market and other mission-critical systems.
Seattle-based Jott Networks, which operates a service which allows people to call and leave messages and lists to themselves using their cell phone, said this week that it has come out of beta and will start charging users for the service. The firm said that it has rolled out three new levels of service, ranging from a basic service with Internet-only service (Jott Basic), a service with mobile support (Jott), and a professional service with longer recording times and Blackberry support (jott Pro). Jott has been available in beta for the last two years as a free service. According to the firm, the service costs money to run, so it has begun charging users for the service; the company will begin charging users on September 8th. Jott's basic service is free and includes ads; Jott will cost $3.95 a month; and Jott Pro will cost $12.95 a month.
Seattle-based Amazon Web Services, the arm of Amazon.com focused on providing Internet web services to third party web sites and services, said today that the firm has launched a new service called Amazon Elastic Block Store, or Amazon EBS. According to Amazon, the new EBS service provides persistent storage for the firm's Amazon EC2 compute services offering. Prior to the new Amazon EBS service, data tied to Amazon EC2 servers was lost when those servers were terminated, which made it more difficult for software developers to use EC2 for their applications. Amazon said the new service provides persistent storage, backup capability, and ability to store snapshots of data to the firm's Amazon S3 storage service. Software developers using Amazon EC2 have had to develop software applications which did not store data on compute instances; the new persistent storage ability makes it easier for them to use EC2 servers for databases or file systems.... (more)
TripAdvisor, the online travel and hotel review web site owned by Bellevue, Washington-based Expedia, said Wednesday that the firm has purchased a majority stake in BOston-based FlipKey.com, an online vacation rental review site. Financial terms of the deal were not disclosed. According to TripAdvisor, FlipKey features 50,000 vacation homes in all 50 U.S. states. TripAdvisor said that it expects FlipKey's content to be integrated into TripAdvisor.
Whrrl, a social media application that allows users to track and keep in contact with friends from their mobile phones, reported Wednesday that it has hired John Kim as vice president of advertising products. Whrrl, a property of Seattle-based Pelago Inc., said Kim will work with retailers, local advertisers and other business partners to develop an effective monetization strategy. The company described Kim as a 15-year marketing veteran who most recently was vice president of product management and marketing for Media. Prior to that, Whrrl said, Kim was senior director of strategic and product marketing at Yahoo! and director of marketing for Overture Services.
QL2 Software Inc., a publisher of market intelligence applications, reported Wednesday that it has hired Russ Aldrich as chief executive officer. The Seattle-based company described Aldrich as a veteran of the software and venture capital industries. QL2 said his past experience includes several years as a consultant to early stage startups as well as a stint as executive director of Seattle VC firm Guide Ventures LLC. Aldrich was also a co-founder of Simba Technologies and has held executive positions with Silicon Graphics, Unisys, Altos Computer Systems, Apple Computer and Xerox.
Seattle-based real estate listings Web site Zillow.com revealed Tuesday that a major real estate broker out of Illinois, Baird & Warner, has joined Zillow's Listings Feed program. The financial impact of the customer win was not disclosed. Zillow's Listings Feed program allows Realtors and brokers to feed information directly from their brokerages to Zillow's real estate site. According to Zillow, it is now carrying more than 3 million listing.
Captaris Inc., a publisher of document workflow management software, reported Tuesday that Hewlett-Packard has designated Captaris as an accredited Gold partner in its Solutions Business Partner program for imaging and printing. Captaris explained that its accreditation, coupled with the certification of its RightFax 9.3 application, extends the existing reseller and managed services agreements between the two companies. Mike Spacone, Captaris' senior director of business development, described the Gold partner accreditation as a "significant opportunity" for Captaris, adding that he expects the collaboration to have a "real revenue impact." Founded in 1982, Captaris is headquartered in Bellevue, Wash.
Seattle-based F5 Networks Inc., a publisher of application delivery products, revealed Tuesday that an international freight transportation and supply chain management firm is using an F5 application to improve its Web-based freight booking service. The financial impact of the customer win was not disclosed. F5 said Averitt Express, of Cookeville, Tenn., observed a marked improvement in site responsiveness after deploying F5's BIG-IP WebAccelerator tool.
Liberty Lake-based SprayCool, which develops liquid-cooling products for the electronics industry, said Tuesday that the firm has been awarded a production contract by Northrop Grumman Corporation. Financial details of the contract were not announced, however the firm said it will supply electronics enclosures for the U.S. Air Force's Global Hawk unmanned aerial vehicles. SprayCool said its devices will be used in the first five of twenty-five currently planned Block 30 aircraft. SprayCool is venture backed by Banyan Capital Partners, Fluke Venture Partners, Northwest Venture Associates, and Sand Hill Sakura Fund. The firm's products are used priarmily in the Department of Defense and for intelligence-related applications.
Tacoma, Washington-based Konnects said Wednesday morning that the firm has upgraded the company's online site focused on business networking. Konnects said that it has added a new, Web 2.0-style site for its interface, along the same lines of popular Web 2.0 social networking platforms. The firm also said that the software can be branded to match the look and feel requirements of its users. Konnects provides software which allows companies and individuals to create their own social networking web sites; the firm is focused on the business market and professionals.
Bellevue-based SNAPin, a developer of mobile device software, has been acquired by Burlington, Mass.-based Nuance Communications. Nuance said Tuesday that it will pay approximately $180M in Nuance common stock for SNAPin, as well as additional earn-out. SNAPin's software is being used by mobile carriers to resolve common diagnostic and repair, configuration and other issues. Nuance said the acquisition will add $29M to $32M in non-GAAP revenue for 2009. SNAPin was venture backed by Frazier Technology Ventures, Hunt Ventures, Oak Investment Partners, and Trilogy Partners.
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