Elemental Technologies lands $13m in Series C funding

Elemental Technologies, a young company that is focusing on creating video solutions for multiscreen content delivery has closed its third round of funding after landing $13 million in a Series C round of funding.

The round was led by Northwest Venture Partners (NVP) and was joined by three additional partners; General Catalyst, Voyager Capital and Steamboat Ventures, all of whom are previous investors in the company.

This brings to $27.6 million to the company, which was founded in 2006, has managed to raise in the past few years. It closed its Series B round in July, 2010 after raising $7.5 million and $7.1 million in its first round in July, 2008.

In that time it has signed more than a 100 customers including number of top tier players including ESPN, Comcast and HBO, been named to Forbes Magazine’s Most Promising Companies in America list and more.

One of the most interesting is the deal it landed last month that calls for it to be part of the backbone to the systems that will be broadcasting the upcoming London Olympics to viewers in Japan, the United Kingdom, Canada and a dozen countries in Latin America.

Crowdfunding Investments Estimated to Reach $3 Billion in 2012

I believe that I was like a great many others who when they heard the term ‘crowdfunding’ kind of pretended that I understood what it meant and then merrily went on my way without really giving it a second thought.

Then earlier this year I started running into a number of interesting products that were starting to get funding in that manner, starting with the Pebble watch. I find the whole trend very interesting and I think it’s a great boon to small developers who have great ideas but no expertise or experience in fund raising. It’s especially interesting to sports-related projects, since many of the developers of apps or devices are fans or enthusiastic athletes at heart and not necessarily business-minded as say, an investment banker or a Silicon Valley entrpreneur.

Now Venture Beat talks about how big this trend has become and estimates and where it is going and it is much bigger than I would have suspected. According to the piece which quotes a report from market research firm Massolution the industry raised $1.5 billion last year.

The research paper, called the Crowdfunding Industry Report also predicted that there was 1 million crowdfunding efforts over the course of last year and that $837 million came from North America. It breaks down the efforts into four basic categories: equity-based, donation-based, lending-based, and reward-based.

According to the report the market is expected to double this year. I know of at least two people considering heading this way for seed fund for their future developments and I am really fascinated by how this is all working out. You are also seeing a growing number of companies or sites seeking to be the home of a crowdfunding effort. There is Kickstarter, Crowdfunder, AppStori, and others are out there already.

Looking for NBA Games? BuddyTV wants to Guide You

One of the challenges to following sports playoffs is that the games are often carried on multiple channels, sometimes overlapping time slots and sometimes not- the question is where is the game? Well BuddyTV Guide is seeking to solve that question.

BuddyTV Guide is a free app that has been available for some time for Apple iOS and Android owners, but it has added a feature that targets fans of the current NBA playoffs and should enable them to more easily follow the various contests.

The app has added an “NBA Playoffs” feature that will enable users to find all of the games from now until the end of time, or rather until the NBA Championship end. It has automatic updates and is designed to use local airtime and channels so no worries about thinking a game starts in ET and it is not.

The nice thing about this feature in my mind is that as teams are eliminated and advance the listings automatically update themselves so that they are always current. This brings to 4 the number of curated lists at BuddyTV, the others are Most Popular, Watch List and Upcoming all of which update automatically each time a user logs in.

The NBA Guide brings to 4 the number of curated lists at BuddyTV, the others are Most Popular, Watch List and Upcoming all of which update automatically each time a user logs in.

At a basic level BuddyTV Guide is designed for a user to log in to their cable, sync it with the app and then program in your favorite shows and channels. You can have it not follow channels that you are not interested in as well. It will also make recommendations based on previous viewing history and favorites.

The smartphone can act as a remote control and is also compatible with a range of additional devices including AT&T U-verse receivers, DirecTV DVRs, Sony Internet TV with Google TV, Logitech Revue, TiVo Series 3, TiVo Premier, and any devices controlled by Google TV and Samsung Smart TVs.

There are other solutions to finding games such as NBC’s local channel finder for the NHL playoffs, but that is an online feature rather than a phone app, which is a bit more convenient.

I like this and hope it is a trend of the future. Some leagues, particularly the NFL are relatively easy to know when and at what time the games are played while others such as, well pretty much everybody else has a much more varied schedule that is more difficult to follow.

Friday Grab Bag: What Grades Did your Team’s NFL Draft Receive?

A report from ABI Research shows that while tablets such as Apple’s iPad and Amazon’s Kindle are constantly in the news as the latest and greatest laptop use is still strong, but does find that tablets are taking sales away from netbooks.

The research found that approximately 1/3 of those surveyed planned to buy a laptop in the next year while 16% planned on purchasing a media tablet in the same time frame. It looks like netbooks are being relegated to emerging markets and out of the US market.

Mustaches making a comeback in baseball?
There was an amusing piece in The Wall Street Journal about a week ago talking about the return of the mustachioed man in baseball. In the modern era it probably reached its peak on the Oakland A’s of the Charles Finley ownership era and has since seemed to fade away.

However just last year John Axford, a reliever with the Milwaukee Brewers won the very coveted ‘Robert Goulet Memorial Mustached American’ from the American Mustache Institute, a notable win for a Canadian. No real insights here just kind of an interesting read- also I did not know that they were also known as Lip Sweaters.



Microsoft takes big hit in German court

A German court has ruled that Microsoft cannot sell its Xbox 360 game console and its Windows 7 operating system in the German market. The court, based in Mannheim, said that Microsoft breached an agreement that it had with Motorola Mobility in using certain video compression software in Microsoft products.

However Microsoft is not likely to remove its products from German shelves right away as Microsoft has won a ruling in U.S. District court in Seattle that

Do you have a social media will?
The joke that a friend will clear your browsing history if you die suddenly has some bearing in reality, or so I have heard. But do they know your passwords? The Government seems to understand the issues families of recently deceased trying to gain access to social media and has offered a bit of advice.

Posted here on the USA Gov blog it has a piece entitled “How and why you should write a social media will” that entails you giving passwords to a trusted person to close Facebook, email etc that are open in your name. And clear browsing history.

London Olympics to have world’s largest McDonalds?

I for one have always associated McDonalds with fitness and athletic excellence so this of course does not surprise me. The AP and Christian Science Monitor has reported that a two story McDonalds that can seat 1500 people will be built in Olympic Park.

According to the piece, it is just one of five that will be built for the Olympics, one just for the athletes. Guess who the official food sponsor is for the London Olympics.

Nokia planning tablets and hybrids
Departing Nokia Chairman Jorma Ollila said that the company is looking to expand into tablets and hybrids, but did not give any type of timetable or details on the move. The company just lost its crown as the top handset maker after a 14 year run to rival Samsung.

It has invested heavily in developing for the emerging Microsoft Windows Phone standard and it seems likely that it might expand that partnership to include supporting Windows 8, Microsoft’s tablet OS when that is available.

iPad 4G claims false?
Apple is facing some heat from Australia and the United Kingdom on the claims that the recently released iPad works on 4G networks. The battle about connectivity has been going on for some time down under but now the U.K. has joined the fray, Red Orbit reports.

The UK’s Advertising Standards Authority (ASA) claims that the ads are misleading since the iPad does not connect at the frequency that the fledgling 4G networks in that country operate, the same problem it has in Australia. In Australia Apple simply removed references to 4G and is expected to do the same in the UK.
You would think that something this basic would have already been found bulletproof prior to releasing the device but who knows?

Target boots Amazon’s Kindle
Target, one of Amazon’s largest brick and mortar partners has opted to cease carrying Amazon’s Kindle tablet. The issue is that customers visit the stores and look at the devices and then return home and buy them direct according to the New York Times.

Amazon even encouraged its customers to do so, offering a discount f they purchased a product direct from Amazon after scanning it n a store. So instead Target will increase Apple’s presence and other tablets including Barnes & Noble’s Nook ereader.in its 1,800 stores

Kickstarter favorite Pebble gets first app
Pebble, the watch that connects to your smartphone now has its first app, one from RunKeeper. The details for what exactly the app will do are not available yet but RunKeeper develops programs that track workouts. The company said that when the Pebble is commercially available it will have the RunKeeper app available as well.

Grading the NFL draft graders
Now that the NFL Draft is over and the wait begins for the start of the regular season there is still one NFL stone that appears to be untouched-looking at how all of the major NFL pundits team grades compare.

Now you could arm yourself with a spreadsheet and spend time traveling to all of the various web sites to garner what they said and how it compares to their rivals prognostications, but the good folks at Football Outsiders have taken it upon themselves.

They took the posted grades from nine NFL writers and draft experts and show how they rating each team, how that compares to what the competitors said, and how teams ranked overall. It is well worth a read.

Eye of Mine helps Athletes Record Activities With Video-cam Glasses

I have met a number of athletes that use helmet cams to record all sorts of activities from sky diving to bungee jumping to off-road cycling, but they can be bulky. A company called Eye of Mine has a video solution for the average weekend warrior or the more professionally inclined.

While the company has a number of offerings the one that tweaked my interest was its Eye-ViewHD720, a pair of polarized sunglasses that have a built in HD camera as well. The camera is between the two lenses above the nose-piece and so small that you might not notice it the first time you look at the glasses.

With the center situated camera what you are looking at is what is recorded; giving you more control over the video than if it the camera is located on top of your head. A good video of what it is capable of is located here.

It shots at 30 frames per second and the camera kit includes the glasses with camera and a USB cable. It requires a microSD card as well, which is not included in the basic $199 kit but can be purchased from the company in its more expensive offerings.

There are of course a number of options for cameras to record activities starting with a basic smartphone to a wide variety of helmet and portable cams on the market now. This one just seems to meet an amateur’s needs quite nicely.

In addition you could easily film your child’s sporting or theatrical activities without being one of those parents that is always getting in the way to get the best camera angle. If your career as an athlete fails you can always be a spy.

AppStori seeks to self fund App Developers-Microsoft delivers strict App guidelines

I have already said that I enjoy seeing developers apply for funding from Kickstarter, but it has seemed to me that the platform is pretty much device or material oriented. Now an emerging effort is coming on line that will provide a similar opportunity for mobile developers.

Called AppStori, it is a platform that is designed to provide funding opportunities for startups that are developing mobile apps and related technology. Touting itself as a site that brings together mobile enthusiasts, entrepreneurs and developers it has a self funding model that looks a great deal like Kisckstarter.

The goal is to help eliminate funding as an issue to getting an app to market, or at least getting it a good head start. Aside from the funding aspect there is an interesting twist, interaction between users/investors and the design teams.

By posting questions, comments and feedback on project users can also get early access to software, recognition and other benefits. In addition you can offer to join teams and so it could become in some ways an ad hoc job board for developers looking for projects.

There is no cost to get a project listed but it does need to be approved to be on the site. I think that this will be an interesting site to follow to see what is popular and what gets the final green light by getting the greenbacks.

Speaking of apps it has been reported by the BBC that Microsoft’s Windows Phone Marketplace Guidelines ban content that a reasonable person would consider to be adult or borderline adult content, and that Microsoft plans to take a very stringent interpretation of this rule.

The idea here is to get parents feeling comfortable that their children will not be able to download racy apps without their knowing about it. Apple has a very similar policy regarding apps from its iTunes store.