Nascentric, Inc. an Austin-based company focused on developing electronic design automation simulation and analysis tools, announced today that it has closed a $7.2 million Series C financing. What makes this financing especially interesting is that it includes a stalwart in the chip world, Intel Capital. Intel Capital, the venture arm of Intel, invested along side existing investors Austin Ventures, Silverton Partners and Needham Capital.  According to Sean Doyle, director at Intel Capital, "Nascentric has developed a [...]

Today’s Q&A Wednesday is with Ian Clarke, founder of Thoof. Thoof is doing game-changing work in the area of personalized news websites. Ian was previously at Revver.com which is riding the huge consumer video wave. Q: How did the idea for Thoof come about, and tell us about the team that launched it? After building Revver’s initial website, I shifted my focus to what I considered the key challenge for Revver: to figure out what [...]