The company also finalized agreements with Vicinium Systems to enable security, home control, energy, and device management and messaging solutions, and Speakeasy.net to deliver Ucentric's home networking system to consumers. Ucentric's operating system creates a home area network that connects all existing PCs, TVs, stereos and other appliances to each other and to the Internet without the need for additional wiring. The funds will be used to expand the company's marketing and business development programs, and to continue development of its supplier performance ratings services for B2B exchanges and purchasing professionals. Silicon Wireless is a fabless semiconductor company focused on the design and production of next generation, silicon-based radio frequency semiconductors and power amplifier technology for cellular and wireless LAN base stations.
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This new investment was led by new investor The Co-Investment 2000 Fund, a fund managed by Cross Atlantic Capital Partners. ITF provides the trade finance industry with a secure, global, standardized Internet platform for warehousing, auction and clearing of trade debt and commercial trade paper. With this funding, LifeCast will continue to launch new affiliate club Web sites and expand its online product and service offerings. Cacheon's infrastructure targets global, distributed networks reliant upon high-speed, secure XML and middleware functionality. The new entity will use the PrimeStreet corporate name.