DEMO Alumni Heat Up the Summer With $144.6 Million in Acquisitions and Funding; A Round Up of June and July DEMO Alumni News
SOUTHBOROUGH, MA – AUGUST 8, 2008 — As the selection of the DEMOfall 08 demonstrators comes to a close, DEMO alumni from as far back as 2000 have taken this summer by storm. In the last two months, more than 20 demonstrators from multiple DEMO conferences have announced acquisitions, partnerships, and new product releases. Their successes totaled $144.6 million in just two months. To keep up with the DEMO alumni everyday read the DEMOtracker at http://demo.com/community/?q=demotracker
"This time of year we are focused on our selection process for the next conference, and it is nice to take the time to check-in on our alumni and track their progress," said Chris Shipley, product analyst and executive producer of the DEMO conferences. "It was truly exciting to see, in this economy, that the DEMO Alumni are doing more than surviving. They are continuing to impact the industry in ways we never fathomed. Watching them grow from their six minutes on stage to being industry leaders is the reason why I do what I do."
In June and July several companies announced new milestones including:
— Aternity, Inc. (http://www.demo.com/demonstrators/demo2008/124643.html)
(DEMO 08) introduced customer templates for its Frontline Performance
Intelligence software, which helps businesses monitor email, help desk,
call center and CRM applications.
— Capzles, Inc. (http://demo.com/demonstrators/demo2008/124658.html)
(DEMO 08) made its flash-based product publicly available, and closed
a $1 M Series A round of funding.
— Cellspin Soft Inc. (http://demo.com/demonstrators/demo2008/124662.html)
(DEMO 08) launched the first mobile mico-blogging application for the
— Delver (http://demo.com/demonstrators/demo2008/124744.html) (DEMO 08)
released an alpha version of it product partner program enabling social
network websites to white label Delver as their search engine.
— Flypaper Studio (http://demo.com/demonstrators/demo2008/124681.html)
(DEMO 08) introduced a subscription version of its interactive
— KonoLive (http://www.demo.com/demonstrators/demo2008/124633.html)
(DEMO 08) by 2Win Solutions, Ltd. released a version of its
collaboration software that aggregates a team's email, documents and
— LiveScribe, Inc. (http://demo.com/demonstrators/demo2008/124705.html)
(DEMO 08) made publicly available the Pulse Smartpen at national
Target, Target.com, Amazon.com and 150 Douglas Stewart bookstores and
— Ribbit Corp. (http://demo.com/demonstrators/demo2008/124732.html)
(DEMO 08) was purchased by British Telecom for $105 M in order to
accelerate BT's strategy to move toward a "software services company."
— Seesmic (http://demo.com/demonstrators/demo2008/124743.html) (DEMO 08)
closed a Series B round of $6M co-led by Omidyar Network and Wellington
Partners, just four months after securing a $6 M Series A.
— Fusion-io (http://www.demo.com/demonstrators/demo2007fall/112995.html)
(DEMOfall 07) announced that HP will adapt the start-up's high
performance, solid-state input/output storage technology for their
— GlamMedia (http://www.demo.com/demonstrators/demo2007fall/112999.html)
(DEMOfall 05 and DEMOfall 07) and partner Burda Cross Media launched a
German vertical ad content network targeting women.
— Graspr, Inc.
(DEMOfall 07) secured $2.5M is Series A funding from Draper Fisher
Jurvetson, and announced an alliance with start-up YuMe.Inc.
— MotionDSP (http://www.demo.com/demonstrators/demo2007fall/113021.html)