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Stealth startup FrameHawk takes USD11m

Stealth startup, FrameHawk, which currently says that it will focus on enterprise mobility software, has raised USD11m in a Series B funding round led by Matrix Partners. Existing backers Alsop Louie Partners, Correlation Ventures, and Triangle Peak Partners also participated in the investment, which brings FrameHawk’s total amount raised to USD16.5m. FrameHawk will provide software to enable businesses to access applications via their connected devices, and says that it will use the...

Read More07 Dec 11
Microsoft signs licensing deal to develop Palm features

Microsoft is moving to protect itself in a smartphone market that is becoming riddled with lawsuits by licensing 74 patents from Acacia Research and Access, which own intellectual property developed by Palm. The patents refer to smartphone technology and some are covered in Acacia’s recently-filed patent infringement lawsuit against several smartphone developers including Apple, Research In Motion (RIM) and Motorola. Microsoft licensing GM David Kaefer says the deal gives partners and...

Read More08 Oct 10