News listing

38 Studios leaves a motley list of assets and one big question mark

Jun 8, 2012
Publisher: Boston Business Journal

Bankruptcy and liquidation may have been a foregone conclusion, after Curt Schilling's video game company 38 Studios laid off all its employees, last month. But 38 Studios' Chapter 7 filing, dated Thursday, provides a view into the company's assets, and the creditors it may leave hanging...

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Category: 38 Studios, Boston Business Journal

Brightcove, Surviving the Recession, Seeks New Fortune in Cloud Content

Jun 5, 2012
Publisher: Xconomy

Whatever happened to Brightcove? You know, the Jeremy Allaire company known for developing a Web video-hosting platform and raising lots of money in the mid-to-late 2000s?  Well, for starters, it went public in February with a $55 million IPO. That didn’t begin to match the $103 million it had...

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Category: Jeremy Allaire, Xconomy, Xconomy

TechStars Launches Patriot Boot Camp To Help Veterans & Service Members Innovate & Launch Companies

Jun 4, 2012
Publisher: BostInno

TechStars has just announced an incredibly valuable and honorable new initiative. TechStars Patriot Boot Camp is an intense three day program aimed at educating and mentoring Veterans and service members to innovate, become entrepreneurs and start companies. While the initiatives’ overall goal is to...

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Category: BostInno, TechStars

Jewelry e-tailer Gemvara pockets $25 million in new funding

Jun 4, 2012
Publisher: Innovation Economy

How much investor interest is there in Gemvara, the Boston-based seller of customizable jewelry? Chief executive Matt Lauzon, right, says that the company just "raised twice as much as we thought we were going to raise" in its latest dance with the VCs. The new round, totaling $25 million, was led...

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Category: Gemvara, Innovation Economy, Matt Lauzon

Nuance fights to maintain edge in speech recognition

Jun 3, 2012
Publisher: Innovation Economy

In the latest batch of television ads for Apple’s iPhone 4s, one high-profile Massachusetts resident takes center stage. But a second, perhaps more crucial local player, remains incognito.  Movie star John Malkovich, who lives in Cambridge, lounges in a leather chair and chats with Siri, the virtual personal...

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Category: Innovation Economy, Nuance

KAYAK Paddles IPO Back to Private Waters

May 30, 2012
Publisher: BostInno

The IPO seas have been particularly tempestuous for Norwalk, CT-based KAYAK.  After officially filing its IPO documents in November of 2010, KAYAK tread water due to choppy market conditions and inconsistent earnings. Then, two weeks ago, after a positive first quater, the travel website announced its...

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Category: BostInno, Kayak

Massachusetts’ New Big-Data Initiative to Include MIT, Intel, and HackReduce

May 29, 2012
Publisher: Xconomy

Who will own the emerging tech-business field of “big data”? Answer: probably no one entity or geographical region. But the state of Massachusetts is putting its best foot forward this week, with an assist from Intel, MIT, and some local big-data leaders.  Wednesday afternoon, at 2 pm...

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Category: HackReduce, Massachusetts Big Data Analytics, Xconomy

Skyhook launching 1st product outside of location services, in data intelligence

May 29, 2012
Publisher: Boston Business Journal

Boston location technology firm Skyhook has launched a new data intelligence product with a handful of customers, which the company believes "could dwarf the software side of the business over time," CEO and founder Ted Morgan said in an interview.  The product is based on the data...

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Category: Boston Business Journal, Skyhook Wireless, Ted Morgan

Chaotic wind-down at Curt Schilling's 38 Studios (report)

May 25, 2012
Publisher: Boston Business Journal

The more than 400 employees at Providence, R.I.-based 38 Studios, the video game company founded by former Boston Red Sox pitching ace Curt Schilling, reportedly received layoff notices this week.  "The Company is experiencing an economic downturn," 38 Studios management told employees...

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Category: 38 Studios, Boston Business Journal, Curt Schilling

Former SpeechWorks chief executive out raising money for Xtone, startup that wants to speech-enable mobile apps Link

May 25, 2012
Publisher: Innovation Economy

In the days before Siri, one of the most innovative speech startups around was Boston's SpeechWorks International. The company mainly focused on bringing speech recognition to the phone systems of customers like Amtrak, United Airlines, and FedEx, helping handle calls more efficiently. But the...

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Category: Innovation Economy, Stuart Patterson, Xtone