News just broke that veteran Israeli start up Gizmoz, creator of 3D head avatars has merged with Utah-based Daz 3D, an avatar creation service offering virtual 3D bodies. Existing investors Benchmark Capital, Highway 12 Ventures, and Columbia Capital, put in an additional $5.3 million into the new merged company.
Don’t Stop Believing – Imagine Communications Scores $15M for Broadband TV
The Broadband TV niche in Israel is on fire. Following RayV’s $8M round earlier this month, Israel-based Imagine Communications announced a second round and a hot upcoming deal. Imagine develops Personalized TV technologies for video on demand (VOD) and Internet Protocol TV (IPTV). Imagine claims that its next-generation multiplexing technology, the QOD Gateway System, provides …
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