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Archive for the ‘computers’ Category

BullGuard gets US$5 million Funding

In computers, it security, technology on December 10, 2008 at 12:59 pm

Londion-based computer security company BullGuard has received US$5 million (£3.4 million) from international venture capital firm DFJ ePlanet Ventures. The company has said it plans to use the funding to expand into Germany as well as hiring a new channel sales director for the UK.

More on this story from GrowthBusiness.co.uk

The Key Revolution

In computers, it, technology on June 5, 2008 at 10:15 am

The Key Revolution is a technology developer that has a product allowing nomadic computer users to work from any machine without leaving traces behind them. Its main product is a USB key with an embedded SIM card and PIN protection that allows users to access standard Windows applications, browse the internet, and collaborate in a secure environment. The company’s management team consists of former employees of Vodafone, which holds a patent on the technology and is a shareholder in the company. The chief executive is Adrian Burholt.

According to GrowthBusiness.co.uk, the Key Revolution has secured a £1.25 million from Octopus Ventures via its Titan VCTs. Octopus has announced that it had received a ‘substantial’ holding in the company in return for its investment.

The product commenced beta testing with paying customers in February and a full launch is anticipated later this summer.

Braveheart Helps Spiral Gateway to Market

In computers, technology on April 15, 2008 at 11:02 am

GrowthBusiness.co.uk is reporting that Edinburgh-based computer processing technology developer Spiral Gateway has secured over £700,000 of funding from a consortium headed by technology-focused financier Braveheart.

Braveheart was joined in the syndicate by Imperial Innovations, Bank of Scotland Corporate and the Scottish Co-investment Fund.

Spiral’s core product helps computers to process multimedia, wireless and broadband tasks. It aims to incorporate its technology on to silicon chips and will initially target the image signal processing market, a function required in every camera-enabled mobile phone.

Founded in 2004, the company was a tech spin-out from Edinburgh University. It has a licence with the institution for the rights to its reconfigurable instruction cell architecture technology. It recently released a silicon-based prototype of the technology to market its product to the image signal processing market.

Belgravium Technologies Improves profitability

In computers, it hardware, technology on March 19, 2008 at 11:50 am

Mobile computing systems specialist Belgravium Technologies has lifted annual pre-tax profits 11 per cent to £2 million despite falling turnover. The Bradford-based company had warned last year that customers were becoming more cautious and cutting their capital expenditure and it saw turnover fall 2.9% to £10.6m in the year to December 31. However it improved its pre-tax profits to £2.05m from £1.84m last time thanks to contributions from its Touchstar and Novo businesses.

Chairman John Kembery said the profit growth demonstrated its world leading status in mobile computing systems for logistics and retail markets. “These results demonstrate the inherent strengths within our market leading business and we look forward to the opportunities in the year ahead.” Fair dues to the man and the co. who have produced good figures against a backdrop of heightening global economic uncertainty.

Belgravium is a computer design and manufacturing company, specialising in the mobile computing and Radio Frequency Data Communications (RF/DC) market areas.

Advent Ventures into Wireless USB

In communications, computers, it, it hardware, technology, venture capital on March 1, 2008 at 1:01 pm

London-based Advent Ventures has joined in the latest Series D funding round at Wisair, a California-based developer of “dongles”, which allow devices such as computer keyboards, digital cameras and laptops to communicate with each other wirelessly. The round completed $24 million (£12.2 million).

Other new investors in this round are US private equity group Susquehanna Growth Equity, 40-year-old Japanese VC firm Yasuda Ventures, and Bridge Capital Fund of Japan, an affiliate fund of Tokyo-based investor Nikko antfactory. Wisair, whose technology allows data transfer at speeds of up to 480 megabits per second within a ten-metre radius, has already received $48 million in previous fundraisings. This latest round brings the total now invested in the company to $72 million. Existing venture capital investors include semiconductor specialist Broadcom, private equity giant Apax Partners, and Intel Capital, the investment arm of the US technology group.

Martin McNair, general partner at Advent, says his firm will be helping Wisair find technology partners in Europe.

Hello Chaps and Chappesses

In computers, electronics, it, stocks on February 20, 2008 at 3:12 pm

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