innovation news

Lightweight, easy to use and packed with a variety of useful features, the new Sony SLT-A37 camera is an ideal choice for consumers eager to explore the world of interchangeable lens DSLR photography.

EdeniQ, a biomaterials and sustainable fuels company, today announced it has raised over $30 million in additional capital. EdeniQ is a fast-growing biomaterials innovator, developing processes and products that unlock sugars from renewable natural resources that will ultimately provide the raw material needed for sustainable chemical and fuel production.

At the Open Compute Summit, AMD - a member of Open Compute and a leader in driving open standards - today unveiled a flexible and innovative Open Compute Project server platform specification, codenamed "Roadrunner," to enable power-efficient, cost-effective solutions. "Roadrunner" is specifically designed to meet the general purpose compute, cloud infrastructure, high-performance compute and storage needs of the financial services industry.

Barnes & Noble Inc. (NYSE: BKS – News) and Microsoft (NASDAQ: MSFT – News) today announced the formation of a strategic partnership in a new Barnes & Noble subsidiary, which will build upon the history of strong innovation in digital reading technologies from both companies.

Seagate Technology plc today announced that its Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary shares (the "April 2012 Authorization"). Seagate, as a result of the April 2012 Authorization and other current repurchase authorizations, currently has a total authorized unutilized capacity for repurchases of approximately $3.5 billion under these authorizations.

AVOS Systems, Inc. announced today that it has closed a Series A venture capital financing. New Enterprise Associates (NEA) and Google Ventures led the round with participation from Madrone Capital and China-based incubator Innovation Works. Specific funding terms were not disclosed.

MiRagen Therapeutics, Inc., a biopharmaceutical company developing innovative microRNA (miRNA)-based therapeutics primarily for the treatment of patients who suffer from cardiovascular and muscle disease, announced today the completion of a $20 million Series B financing.

Dozens of companies from around the world that are committed to transforming industries or creating new ones will participate in NVIDIA's Emerging Companies Summit (ECS) 2012, to be held May 16 at the San Jose Convention Center in San Jose, Calif.

Eucalyptus Systems, creator of the most widely deployed on-premise cloud computing platform, today announced an oversubscribed $30 million Series C round of funding led by Institutional Venture Partners (IVP). Existing investors, including Benchmark Capital, BV Capital, and New Enterprise Associates (NEA), Inc., also joined the round, which will be used to drive product innovation, sales, and customer support. To date, Eucalyptus has raised a total of $55.5 million in capital.

Collaborative Work Platform Empowers Teams to Move from Simply Talking about Work to Getting It Done. Podio to debut at Citrix Synergy in San Francisco, May 9–11.

Starting at just £19,745 on the road, the all-new Volvo V40 enters the premium hatchback segment with a class-leading set of innovative high-tech features. Volvo's first new model to be fully developed according to its human-centric, Designed Around You strategy, the car is the first in the world to feature a pedestrian airbag, an innovation which helps reduce the severity of pedestrian injuries in the event of an impact.

Intel Corporation today introduced an Intel studybook, a tablet that is part of the Intel Learning Series family and features unique classroom-ready features and capabilities including an ultra rugged design and specialized educational software.

Intel Corporation announced today that the next-generation in-vehicle infotainment system (IVI) for select NISSAN Motor Company* production vehicles will be powered by the Intel® Atom™ processor beginning in 2013. The IVI system features an innovative twin-display that was unveiled in the Infiniti LE, a luxury zero-emissions concept vehicle, at the New York International Auto Show today. Infiniti is the luxury vehicle brand of the NISSAN Motor Company.

The pioneering star of the premium compact segment builds on its global success – Outstanding sporting capability, unsurpassed efficiency, modified body design, extensively refined interior – US market launch in September, world premiere at the New York International Auto Show 2012.

Good Start Genetics,(TM) Inc., an innovative molecular diagnostics company developing the new gold standard in carrier screening, today announced it completed the initial closing of a $14 million Series B Preferred Stock financing, which was led by existing investors OrbiMed Advisors, Safeguard Scientifics, Inc. and SV Life Sciences.

LG Display [NYSE: LPL, KRX: 034220], a leading manufacturer of thin-film transistor liquid crystal display, announced today that it has started mass production of the world’s first plastic electronic paper display (EPD) for use in E-Books.

Loyola University Maryland today announced the launch of a business accelerator, an initiative that will create a forum for the University to collaborate with local entrepreneurs interested in creating and building new businesses. The accelerator will be located in the Govans community in North Baltimore, just east of Loyola's North Charles Street campus.

StartApp, a mobile ad network specializing in monetization and distribution for Android applications, announces today that it has raised $4.3 million dollars in funding from Ascent Venture Partners and Cedar Fund.

Thecus has received hundreds of awards during its history for its innovative and reliable hardware, helping countless people all over the world to share our new digital-era treasure: data. Thecus believes in diversity. That’s why they are releasing a new Windows Storage Server-powered NAS product line to help you share your files using Windows Storage Server 2008 R2: the W Series.

Spigit, the leader in social innovation software and services, announced today that it has secured $15.2 million in a Series E financing, led by global private equity firm Warburg Pincus, bringing total amount raised since Company inception to $41.2 million.