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Ambient Devices Gets Funding For Its Info Devices

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imageWe hadn’t heard about Ambient Devices for a long time now, but it is back in news: the “information orb” and datacasting company has received its first institutional round of funding, seven years after its launch. The company has received an undisclosed amount from Boston-based early stage VC firm .406 Ventures. Besides the initial color-changing info orb which gained some buzz when it launched in 2003, the Cambridge, MA-based company has since launched some new products such as Baseball and Football ScoreCast, the Market Maven, the 7-Day Forecaster, and the Ambient Umbrella, all focused on delivering pithy data/information on these wireless devices. The new money will be used to speed up product development, brand awareness and market penetration for its dedicated wireless information displays, it said. More details in release.

Sep 15, 2008 10:56 AM ET

Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Wikis, 406 ventures, ambient devices

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