Monthly Archives: December 2007

AV Funds Divorce360

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Austin Ventures is backing a Palm Beach, Florida-based community/social networking startup called Divorce360.com. The company isn’t headquartered in Austin, so we’re not tracking it’s every move, but the story is getting a lot of play for some reason. TechCrunch wrote about it yesterday, and The Statesman writes that it’s being announced today.

We’re not sure how AV hooked up with this company, but Divorce360.com founder Cotter Cunningham is the former COO at Bankrate. AV has some interests in the financial services world (pulled IPO candidate CreditCards.com) so maybe there’s a connection there. AV’s Tom Ball is on the board of this startup in conjunction with the investment. They’re pretty lucky to have Tom’s advice on board, as he’s a proven successful entrepreneur before his Austin Ventures gig.

Alereon Goes Private Label

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Alereon
Alereon, a fabless semiconductor company developing UltraWideBand (UWB) chipsets, announced it’s private label program today for its AL5000 chipset. With Alereon’s private lable program, a vendor with USB products could add UWB capability and bring the product to market in as little as four weeks. Alereon’s products come pre-certified from the FCC, WiMedia Alliance, and USB-IF. The program comes with complete designs, documentation, and all software required to develop your product. "This new private label program is the fastest way for aftermarket vendors to get Certified Wireless USB products to market," according to company CEO Eric Broockman.

Being a fabless semi company isn’t exactly cheap. The company has raised about $40M over the years. The worldwide market for UWB peripherals, and the customer value in eliminating many wires from your desk, is tremendous.