News
ASI sold Online Scientific Publisher Versita to De Gruyter
Senseg named to Time Magazine's ’50 Best Inventors’ list
HELSINKI and CUPERTINO, CA – Senseg, the leader in next-generation haptic technology, today announced that it has been named to Time Magazine’s ’50 Best Inventions’ list in the magazine’s November 28th issue. Senseg’s patented technology enables users of touchscreen devices such as tablet computers to feel tactile sensations on their skin, including textured surfaces, contours and edges. The company’s technology can be integrated into touch interface devices to deliver a new dimension of interactive experiences.
Wahanda raised a £3.5 million series A funding from Fidelity Growth Partners Europe
Wahanda, an online health and beauty marketplace, has secured a £3.5m Series B investment round led by Fidelity Growth Partners Europe, a pan-European venture and growth equity investor. As part of the deal Davor Hebel, a partner at Fidelity Growth Partners Europe, joins the board of Wahanda.Gartner names Senseg as Cool Vendor 2011
HELSINKI, TOKYO, June 15, 2011. Senseg, an industry leader in innovative touchscreen interface solutions, has been awarded the prestigious title of Cool Vendor by world-leading analyst firm Gartner. Vendors selected for inclusion in the Cool Vendor report are providers that ‘have caught Gartner's interest during the past year because they offer innovative and intriguing technologies or solutions’.ASI sells its Share in Russian Software Developer
TALLINN, May 27, 2011 - Ambient Sound Investments has sold its minority stake in LogneX, a Moscow-based developer of web-based inventory management software for Russian small- and medium-sized enterprises. The investment generated positive return for ASI.
The Merger of Oskando and Track24 Creates the Leading GPS Tracking Provider in Estonia
Tallinn, Estonia - January 5, 2011 - Oskando OÜ was the first Estonian company to start developing telematics solutions. It has now acquired a 100% holding in the company Track24 Group OÜ which provides remote vehicle tracking services.
Wahanda named Best Commerce Startup at the 2010 Techcrunch Europas
London - November 20, 2010 – Wahanda won the prize of Techcrunch Europa Best Commerce Startup. Techcrunch Europas is a series of awards to honour European web and mobile startup companies.
GuardTime Winner of Red Herring 2010 Top Asia Award
Singapore—November 18, 2010— GuardTime, creator of the patented Keyless Signature™ technology used to validate the world’s data, in conjunction with Red Herring, today announced its selection as a recipient of the Top 100 Asia Award. The Top 100 Asia Award is in recognition of the leading private companies from Asia, celebrating a startup’s innovations and technologies across their respective industries.GuardTime and Joyent Introduce Enhanced Trust and Integrity in the Cloud
Singapore and San Francisco, CA—November 15, 2010— Joyent, a leading global provider of cloud computing solutions, and GuardTime, creator of the patented Keyless Signature™ technology used to validate the world’s data, today announced a partnership that delivers unprecedented security enabling enterprises to safeguard some of their most valuable assets in the cloud: code, logs and data.Modesat Communications raised EUR 1,85M in series A funding
Tallinn, Estonia - October 27, 2010 – Ambient Sound Investments, Estonian Development Fund and Bellus invested altogether 1,85 million Euros into ASI’s portfolio company Modesat.
Mendeley Hires Spotify’s Paul Brown as Chief Operating Officer
LONDON – August 18, 2010 – Mendeley, a rapidly growing media technology startup that provides the world’s largest research collaboration platform, is delighted to announce that Paul Brown will join the team as Chief Operating Officer, a newly created position, effective September 6, 2010. He comes to Mendeley from Spotify, a startup that is making waves in the digital music industry, where he most recently served as Senior Vice President of Strategic Partnerships.
ASI to judge at Innovate!2010 Pitch Slam in Tallinn
ASI is excited to have partnered with Guidewire Group on the Innovate!2010 Pitch Slam for Tallinn on June 2.GuardTime Raises $8 Million in Series A Funding
MOUNTAIN VIEW, SINGAPORE, TALLINN (May 25, 2010) — GuardTime, the provable integrity company, today announced that it raised $8 million in series A funding to help roll out its global infrastructure for delivering its provable data integrity service.Blip.tv raises $10.1 million in funding
New York NY - May 19, 2010 -- Next generation television network blip.tv today announced the closing of its third round of institutional capital, led by Canaan Partners and existing investors Bain Capital Ventures. The company will use its new funding to accelerate the growth of the independent Web shows that blip.tv hosts and distributes, expand its content services team, continue to grow its international advertising sales force and develop new products for viewers and producers.Rendering Accelerator Progeniq Receives Series A Financing
April 12th, 2010 – Sunnyvale, CA / Singapore – Progeniq, a leading provider of acceleration solutions for the animations and visual effects industries, today announced the closing of its Series A financing round led by BAF Spectrum, Ambient Sound Investments and SPRING SEEDS Capital. William Klippgen, Executive Director of BAF Spectrum and Indrek Jaaska, Investment Manager, will both join the board of directors. William Klippgen will take on the role as Executive Chairman. Mr. Klippgen was the co-founder of European internet success Kelkoo.com and has a wide-ranging experience from emerging technology companies in Europe and Asia.
targetAPI Launches Next-Generation Behavioral Targeting Solution
New York, New York – December 2, 2009 – targetAPI, an incubator project of investment company Ambient Sound Investments, has launched its next-generation business-to-business behavioral targeting solution. The service, available through an API (Application Programming Interface), is based on the company‟s predictive personalization technology. targetAPI‟s solution predicts a user's interests in real time through an automated semantic analysis of publicly available information on the web, requiring minimal or no input from the user.
Armorize Technologies Secures Financing For Worldwide Business Development
Tallinn, Estonia, Santa Clara CA, USA, Taipei Taiwan, 16 June 2009 -- Leading Web application security provider Armorize Technologies has secured Up-Round Series-B financing. High profile investors include European Ambient Sound Investments (ASI), Pacific-Rim focused Birch Venture Capital, and Silicon-Valley based Armorize Series-A investors. The Series-B funds will drive business development, sales and marketing efforts worldwide.
United Dogs secures 480 000 EUR funding for expansion
DailyPerfect Launches Predictive News Site
Tallinn, Estonia – June 5, 2009 – DailyPerfect, an incubator project of investment company Ambient Sound Investments, has launched its flagship news service Dailyperfect.com. The service is based on the company’s predictive personalization technology and showcases an innovative behavioral targeting solution that predicts a user's interests through an automated semantic analysis of publicly available information on the web, requiring minimal or no input from the user.ASI invests in Kublax, the online platform for personal money management
Ambient Sound Investments (ASI) has announced its investment in Kublax, a free and secure online tool for personal money management. Following a successful beta test period, Kublax today announced its official launch backed by additional funding from major online investors, and the appointment of a new CEO, Tom Symonds.
Research Collaboration Start-up Mendeley Closes Financing Round
London, February 26, 2009 – Mendeley, a developer of a groundbreaking free platform for managing and sharing research papers, today announced it has closed its first financing round led by former Last.fm Executive Chairman Stefan Glänzer, former Executive Vice President of Digital Strategy and Business Development for Warner Music Group, Alejandro (Alex) Zubillaga, and ASI.Idapted Secures Funding from Gobi Partners, ASI and Leading Angel Investors
Beijing, December 1, 2008 – Idapted Ltd., a leading provider of live on-demand Mandarin and English language training, today announced the closing of its Series A financing with Gobi Partners and Ambient Sound Investments (ASI) leading the round.
Unique Beauty, Spa and Wellness Website Opened by Wahanda
London, October 1 2008 – October sees the launch of a revolutionary new health, beauty and wellbeing website Wahanda. Until now, there hasn’t been a site where consumers can connect with such a wide range of spas, salons, fitness centres and therapists, discover the latest treatments, be inspired by community ratings and reviews, and find the ultimate pamper experience all on one fresh, clean and easy-to-use website.ASI Exits Kindo to Become a Shareholder in MyHeritage
Tallinn, Estonia and London, England – September 24, 2008 – Ambient Sound Investments (ASI) reached its first exit deal when MyHeritage, one of the world's most popular family websites, acquired Kindo, an ASI portfolio company that helps users build free family trees. As a result of an all-stock arrangement, ASI is to obtain an undisclosed equity stake in MyHeritage.