Seattle Tech Roundup for Thursday June 16, 2011
SinglePoint boasts a new board chairman, a $1M infusion of funds and a fresh focus on mobile advertising as the former Wireless Services Corp. aims for a steadier course after emerging from a rough patch. Following some staff downsizing and the sale of its mobile messaging service, the arrival of venture capitalist Tom Huseby brings industry experience to the company with offices in Seattle, NY and India.
The bevy of tech businesses that call Pioneer Square home can finally look forward to high-speed Internet, thanks to sole bidder for the contract, Comcast, and a pledge by Mayor Mike McGinn. As it shifts base to the historic Seattle neighborhood, Bellevue startup Onehub welcomes the change to 100X faster fiber-optic broadband service.
Seattle area tech startups are invited to pitch their product ideas to Madrona Venture Group in advance of upcoming DEMO events. Up to 10 lucky companies will get the benefit of expert feedback from representatives of a pair of leading venture capital firms and a chance at a slot in DEMO’s new scholarship program.