Archive for the ‘Information Technology’ Category

ATI Alumni Company Bigfoot Networks Raises $8 Million

Tuesday, November 17th, 2009

As reported on Austin Startup blog, ATI Alumni company, Bigfoot Networks, Raises $8 M in Series B funding.  Original post follows:

Bigfoot Networks, the networking technology company behind the Killer line of gaming network cards, today announced it has raised $8 million in a Series B financing round led by existing investors North Bridge Venture Partners, Palomar Ventures and Raven Venture Partners. It will use the investment to fund product development and expand its go-to-market capabilities. Bigfoot Networks has raised a total of $20.75 million in funding to date.

Bigfoot Networks also announced that it has hired former Polycom executive Wayne Dunlap as vice president of engineering and added veteran consumer technology executive Greg Ballard to its board of directors.

Reporting to Bigfoot Networks CEO Michael Howse, Mr. Dunlap will direct development of the company’s high-performance online gaming technology. As former CTO and vice president of engineering at Polycom, Dunlap brings extensive experience in networking and data communications. At Polycom’s Video Solutions Division he was instrumental in creating the top-ranked HDX high-definition videoconferencing product line. Prior to Polycom, Mr. Dunlap held technical lead and senior engineering positions with Wang Laboratories, Nomadic Systems and The Complete PC. He has several US patents in visual collaboration.

“Bigfoot Networks’ technology targets a growing demand for improved networking performance in online gaming,” Dunlap said. “I’m thrilled to lead a team that is pioneering this exciting new category of networking solutions and evolving the experience for gamers around the world.”

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Posted in Information Technology | No Comments »

eVapt Acquired by MagnaQuest

Tuesday, October 20th, 2009

Recently graduated ATI Member Company, eVapt, just announced they have been acquired by MagnaQuest.  Congratulations to eVapt!  The press release is online HERE and we’ve copied it here:

MagnaQuest to acquire eVapt
Company adds Subscription Management and Billing Solutions for Cloud computing

Hyderabad, India & Austin, TX, USA. MagnaQuest, a global leader in Billing solutions, today announced a major step forward in its cloud computing strategy by entering into a definitive agreement to acquire privately held eVapt, a leading platform for Metering, billing and subscription management for the Cloud. MagnaQuest and eVapt plan to deliver compelling new solutions that will enable cloud and on-demand providers to more efficiently run and manage subscription and usage based billing within both internal and external cloud architectures. The transaction, which is subject to customary government approvals and the satisfaction of other customary conditions, is expected to close in the fourth quarter of 2009 fiscal year.sophisticated pricing and billing models, said Vijay Debbad, CEO of MagnaQuest. eVapt team is committed to revolutionizing the way cloud businesses run and manage billing. By combining forces, I’m confident that we’ll be able to deliver remarkable solutions that dramatically simplify Billing and Subscription Management for Cloud businesses.

About MagnaQuest:
MagnaQuest Technologies is a leading global customer care and billing solution provider for video, voice, data and content service providers. MagnaQuest has a global presence with customers in 25 countries across the Americas, Europe, Africa, Southeast Asia, the Middle East and India.http://www.magnaquest.com
info@magnaquest.com

“Today’s cloud businesses need a flexible billing system that can support

“MagnaQuest is the leader in managing Billing and Operations for video, voice and data service providers, said Divakar Jandhyala, CEO of eVapt. We are excited to become part of the company because MagnaQuest shares our passion for technology innovation, and also has deep knowledge of the billing space. eVapt has built a world class solution that supports metering, billing and subscription management. With this acquisition, our customers will now have access to a more robust feature set including Customer Information Management, Product Management, Service Fulfillment, Policy Management, Prepaid & Postpaid billing, Rating, Collections, Customer Care and Selfcare.”

Going forward, Jandhyala will be the CEO & General Manager of Cloud Business at MagnaQuest. His responsibilities will include Technology Innovation, Global Sales, Marketing, Delivery, Operations, and will report to corporate CEO Vijay Debbad.

About eVapt:
eVapt enables the metering, billing, subscription management and pay-as-you-use model for Cloud computing, SaaS, On-Demand Content and Mobile VAS service providers. By using eVapt’s on-demand billing platform, service providers can effectively automate back office operations such as contract management, billing, mediation and revenue settlement. The solution allows providers to focus on their core business strength and service delivery capabilities.

Contact Details:
MagnaQuest Technologies
Plot No. 1523 & 1524
Road No. 12, Banjara Hills
Hyderabad-500034, A.P. India

eVapt Inc
3925 West Braker Ln,
Austin, TX, 78759
http://www.evapt.com
info@evapt.com

MagnaQuest
Media Contact
info@magnaquest.com

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Startup is scoring with its dynamic pricing system

Monday, October 19th, 2009

Member company Qcue was mentioned today in the Austin American Statesman’s Tech Monday.  Barry Kahn and his team also won the UT MOOT Corp business plan competition.  The article is called Startup is scoring with its dynamic pricing system and here’s an excerpt:

By Lori Hawkins
AMERICAN-STATESMAN STAFF
Monday, October 19, 2009

Pricing for plane tickets, car rentals and hotels is constantly changing. Why not for sporting events, too?

That’s what Barry Kahn wondered three years ago, when he was a University of Texas doctoral degree candidate in economics.

Convinced there was a business there, he teamed with UT MBA student Jiten Dalvi in 2007 to found Qcue, which has developed software that prices tickets based on fluctuating market factors.

A year later, their company swept the UT and Rice University business plan competitions, winning $327,000 in cash and services plus a year at the Austin Technology Incubator.

Read more…

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Posted in Information Technology | No Comments »

ATI Company Smooth-Stone in the New York Times

Wednesday, October 7th, 2009

ATI Company Smooth-Stone was in the New York Times today, October 7, 2009. 

The post title is: Servers With Cellphone Chips? Yep, Here They Come and here’s the excerpt mentioning Smooth-Stone.

In Austin, Texas, there lurks another start-up called Smooth-Stone. According to people familiar with its plans, Smooth-Stone is working on a chip using the ARM architecture that will go into servers. ARM chips from companies like Samsung and Qualcomm typically make their way into phones like the iPhone.

Barry Evans, the chief executive of Smooth-Stone, did not immediately return a message seeking comment. Mr. Evans worked at Intel for many years in the company’s communications and mobile products groups.

Read more…

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Posted in Clean Energy, Information Technology | No Comments »

Semantic Web Austin – Supported by ATI

Sunday, October 4th, 2009

The following post was written by one of the participants, Juan Sequeda, in the Semantic Web Event held here at ATI on Saturday, September 19, 2009.  The Semantic Web Group has been supported and co-launched by ATI’s very own Bart Bohn, director of our IT and Wireless Incubators.

Originally Posted: Franz’s AllegroGraph at Semantic Web Austin

On Saturday September 19, we had a terrific tutorial with Jans Aasman from Franz. He introduced their triplestore AllegroGraph. Personally, I was really excited about this tutorial and it lived up to all my expectations! Approximately 15 people attended from entrepreneurs, ATI startups, IBM, Hoovers and independent consultants. It was great to see this crowd excited about the real use of Semantic technologies. It is not a myth anymore! AllegroGraph showed us that it does things such as social network analysis, geo and temporal query that other databases cannot do.

Jans was a terrific presenter and everybody left with much more understanding of the role of RDF and triple stores in the real world! I already know that members of the Semantic Web Austin community are going to use AllegroGraph for their projects and companies!

We will be hosting another tutorial soon!

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Posted in Community, Information Technology | No Comments »

ATI on TechDrawl and YouTube

Tuesday, September 8th, 2009

Chris Treadaway, founder of ATI member company Notice Technologies recently did a series of interviews on ATI and one of the companies called Famigo that went through the Capital Factory that originated here in our glamorous and exciting “intern pit” by a few of our bright and talented student interns! 

Below are the links to the YouTube videos.  The first starts witha picture of Isaac Barchas, our Executive Director drawing on a whiteboard.  The second starts with a picture of Bart Bohn, IT & Wireless Director, sitting in front of a whiteboard (the rest of us are typically somewhere other than near a whiteboard).  The third is of Famigo co-founder and former ATI intern, Matt Sullivan.  These interviews were originally published on TechDrawl. 

 

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Posted in All ATI, Information Technology | 1 Comment »

Gendai Games on Austin StartUp

Friday, September 4th, 2009

New ATI Member company, Gendai Games, was recently mentioned on Austin Startup in a post called GameSalad Gears Up for iPhone Publishing System.  A copy of the original post is below.

GameSalad, an online community created to support amateur and professional game development, launched as an open beta application earlier this year is now preparing for the official release of its long awaited iPhone publishing system. In the next few weeks, Gendai Games will be launching a new service that allows games created with the free GameSalad Creator tool to be marketed and sold on the iPhone App Store.

GameSalad is an open platform that allows non-programmers to create games for the web, social networks like Facebook, and also for iPhone. The application is completely free to download from http://gamesalad.com. The social utility allows users to become game designers, creating their own unique games and offering the ability to connect and collaborate with other users. An innovative technology with a user-friendly interface, GameSalad gives would-be game designers access to complex algorithms necessary for implementing professional-level artificial intelligence and game play, without programming knowledge.

“We’re at an extremely exciting point in our company”, says Gendai Games CEO, Michael Agustin. “The number one feature that everyone has been clamoring for is an easy, more intuitive way to create a game for the iPhone. With GameSalad’s visual based logic system along with it’s drag-and-drop interface – we are poised to make that a reality.”

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Posted in Information Technology, Wireless | No Comments »

Smooth-Stone Lands TETF Grant

Friday, August 28th, 2009

(Exerpt taken from the Austin Business Journal article posted on Friday, August 21, 2009)

smoothstone graphic2_modifiedAn Austin company has received a commercialization award through the Texas Emerging Technology Fund.

Smooth-Stone Inc., which is a member of the Austin Technology Incubator and develops low power server technology, will receive an initial $250,000 pre-seed investment from the state with potential for $1 million in total investment for the commercialization of its technology.

“Smooth-Stone’s innovative architecture has the potential to change the server market and keep Texas on the cutting edge of technology,” said Jack McDonald, chairman and CEO of Perficient Inc. and chairman of the Central Texas Regional Center of Innovation and Commercialization.

Barry Evans, CEO of Smooth-Stone, said the server market is catching on to what the mobile phone market has known for nearly 20 years.

“Power consumption matters,” Evans said. “Moore’s law delivers amazing gains in server computer performance, but power and cooling challenges are now front and center. Smooth-Stone is bringing low-power mobile phone technology to servers. We are proud to partner with the Austin Chamber of Commerce, the Central Texas Regional Center of Innovation and Commercialization, the state of Texas and the Austin Technology Incubator to lead the push for truly green datacenters.”

Read more here.

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Posted in Information Technology, Wireless | No Comments »