aioTV Lands $8 Million Strategic Investment

UTStarcom Holdings Corp. ("UTStarcom" or “UTSI”), a leading provider of broadband equipment and solutions, has invested US$8 million to acquire a minority stake in aioTV Inc. ("all-in-one TV" or "aioTV"), a leading international cloud-based video aggregation and distribution platform.

The deal gives UTStarcom access to technology that will bolster its rollout of subscription-based value-added media services, while giving aioTV a partner with whom it can offer its technology within emerging markets in Asia.

LightSail Energy Raises $37.3 Million from Peter Thiel, Khosla Ventures, Bill Gates, Innovacorp and Other Top Investors

LightSail Energy, a developer of breakthrough energy storage technology, announced today (November 5, 2012) that it has raised $37.3 million in Series D funding led by San Francisco investor Peter Thiel. Khosla Ventures, which incubated the company and led LightSail’s earlier rounds, Bill Gates, Innovacorp, and several other investors also participated in the round.

OnCode Adds DNA Marking and Invisible Barcodes to Product Portfolio

DNA Technologies, a division of Polestar Ltd. (Bermuda), announced today that it had signed an agreement appointing OnCode, a division of Gem Gravure of Hanover, Massachusetts, as an authorized channel partner. The agreement will allow OnCode to resell and integrate patented DNA Matrix™ security markers in their inkjet coding and marking applications in key pharmaceutical, medical device, wire manufacturing, wire processing and packaging industries. Speaks Your Language, a global leader in multi-channel marketing Platform-as-a-Service solutions, today announced that it has fully integrated 11 translated languages as part of its cloud-based marketing platform, making it fully accessible to the world.

The application provides one-click translation into simplified Chinese, French, Spanish, Russian, Portuguese, Turkish, Japanese, Arabic, German, Korean and finally English. With 11 languages now integrated and several more in production, SimplyCast is entering new markets and forming new partnerships at a rapid pace.

LeadSift Secures $500,000 in Venture Capital

Businesses will soon be able to generate sales leads by mining social media with a new technology created by a Nova Scotia company.

LeadSift helps sales and marketing professionals identify and pursue business leads more efficiently. The proprietary technology analyzes chatter from popular social media streams like Twitter, Facebook, LinkedIn and blogs, and turns the data into accurate and targeted local leads for sales.

Province Invests $1.1 Million for Research Infrastructure through the Nova Scotia Research and Innovation Trust (NSRIT)

A $1.1 million provincial investment, through the Nova Scotia Research and Innovation Trust (NSRIT), is expanding leading-edge research infrastructure in Nova Scotia.

Eleven cutting-edge research projects will broaden understanding of health-based studies, as well as clean technology and environmental developments. Together, they expect to create upwards of 375 jobs for highly qualified people over the next five years, representing a total value to the Province of Nova Scotia of over $2.8 million through significant leveraging opportunities.

TitanFile Secures Venture Capital for Product Roll Out

People will soon be able to transfer documents online more securely and easily with a new product created by a Nova Scotia company.

Through Innovacorp, the province has invested $250,000 in venture capital in TitanFile Inc. to help bring their new product to market.

"Innovative start-ups like TitanFile play a critical role in growing our province's prosperity," said Economic and Rural Development and Tourism Minister Percy Paris. "This investment supports the innovation and competitiveness priorities of jobsHere, our plan to grow the economy."


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