Interactive Media News

Monday, January 9, 2012

Nuance announces Smart TV play called Dragon TV
As a race for smart TV heats up, Nuance Communications Inc. aims to make obsolete the domestic battle for control over the TV remote. With Apple TV and Google TV both reportedly in the works, Burlington-based Nuance is making an early play at being the provider of natural language processing software for this nascent market.

Wednesday, August 24, 2011

Captivate hires Fast Co., Newsweek vet Hagerty
Captivate Network Inc., a Chelmsford digital media company that puts media content onto video screens in elevators, has picked former Fast Company and Newsweek U.S. publisher Patrick Hagerty as its new chief revenue officer.
Brightcove files for $50M IPO
True to the rumors, online video services firm Brightcove Inc. has announced that it plans to go public in what it reports initially as a $50 million initial public offering.

Monday, July 25, 2011

XOS Technologies takes in almost $4M in new funding
Billerica’s XOS Technologies Inc., a company making software for managing digital media assets for sports teams, has raised $3.95 million in new funding, according to a federal document.

Tuesday, July 5, 2011

Brightcove moving HQ to Boston
Online video services firm Brightcove Inc. plans to move to the Boston waterfront from Cambridge next April, according to a press release.

Tuesday, April 26, 2011

MIT Media Lab picks Ito as new director
The busy MIT Media Lab has named a new director, choosing Joichi Ito, the former CEO and chair of the board of the nonprofit Creative Commons. Ito succeeds Frank Moss, who was director of the Media Lab since 2006.

Tuesday, November 23, 2010

Gotuit goes south in sale to N.C.’s Digitalsmiths
Gotuit Media Corp., a Woburn-based online digital media products company, has been purchased by North Carolina company Digitalsmiths Corp. for an undisclosed amount.

Monday, August 2, 2010

Azuki taps Clancy as new president, CEO
Former Iron Mountain Digital president John Clancy has taken on the roles of president and CEO of mobile media software company Azuki Systems Inc. Clancy joins Azuki from Schooner Capital where he served as CEO in residence after leaving Iron Mountain.

Thursday, May 20, 2010

Blog: MIT makes 3-D gesture UI on the cheap
Microsoft Corp.’s Project Natal may face competition from a pair of crazy-quilted rubber cleaning gloves and a webcam, according to MIT. The colorful Lycra gloves in three dimensions can interpret gestures as commands to a computer.

Tuesday, January 5, 2010

Brightcove names Adobe vet Mendels as president, COO
Online video platform Brightcove Inc. has named Adobe Systems Inc. veteran David Mendels as its new president and COO. Mendels has served on the Brightcove board of directors since late 2008, a role he will continue to hold.

Friday, July 24, 2009

Stealthy North End Technologies gets $1.2M in bridge funding
Robotics and communications startup North End Technologies Inc. has taken on board $1.2 million in funding to help the company reach its next stage of investment, a planned $8 million Series B round.
Animation, 3-D design benefit from Bay State’s gaming growth
While the burgeoning gaming industry in New England has raided all the headlines lately, the boomlet in talent it has created has been a boon to some of the other industry areas focused on 3-D design and animation.

Thursday, July 2, 2009

Sapient buys N.Y. firm Nitro Group
Sapient Corp. reports it has purchased New York-based advertising network Nitro Group Ltd. in a stock transaction that is valued at around $4 million. Sapient operates two groups — Sapient Interactive and Sapient Consulting.

Tuesday, June 30, 2009

Yahoo expected to shut down Maven Networks
Less than 18 months after it was acquired by Yahoo Inc., online video hosting and distribution company Maven Networks Inc. is being shut down, according to online reports. The Cambridge-based company’s products will no longer be supported by Yahoo after 2010.

Wednesday, June 24, 2009

Fanzter grows with Mustache buy
Connecticut-based new media development company Fanzter Inc. reports it has purchased Mustache Inc., a Richmond, Va.-based software development company. Mustache’s founder Jon Maddox will join Fanzter to lead technology and product development for the Collinsville-based consumer-focused company.

Thursday, June 18, 2009

Extreme Reach confirms latest round at $2.6M
Extreme Reach Inc. has raised a total of $2.6 million in venture funds, investors confirmed yesterday. The Needham-based company, which digitally delivers video ad content, in March announced an undisclosed amount of funding, as New York-based Greycroft Partners joined existing investors, Western Massachusetts-based Long River Ventures and Village Ventures.

Wednesday, June 17, 2009

LogMeIn, Vitality clean up at MITX tech awards
On the same day it announced its plans to make the first initial public offering of stock in the third quarter, LogMeIn Inc. made two trips to the podium at the Massachusetts Innovation and Technology Exchange technology awards last night, winning in both the mobile technology and customer impact categories.

Monday, April 20, 2009

Online game Caduceus to raise funds for Children’s Hospital
Children’s Hospital Boston is hosting a two-month online game competition in which kids raise real money as they discover the sources of diseases and solve online puzzles in a game called “Caduceus.” The funds raised will go toward research into treatments for serious childhood diseases, including cancer, diabetes and heart disease.

Monday, November 24, 2008

Aquarium launches mobile tour from Untravel Media
The New England Aquarium reports it plans to debut an interactive tour produced by Untravel Media Inc. this morning. The tour, called NEAq Insider and designed to be played on mobile phones and other handheld devices, offers complementary information about the aquarium’s animals, staff and conservation.

Thursday, June 26, 2008

Alaire, Mountz among E&Y N.E. Entrepreneurs of the Year
Brightcove Inc. CEO Jeremy Allaire has received the Ernst & Young Entrepreneur Of The Year 2008 Award in the Media and Entertainment category, and Kiva Systems Inc. founder and CEO Mick Mountz won the Ernst & Young Entrepreneur Of The Year 2008 Award in the Emerging Business category in New England.