Early in the Summer Itzbig employees started hitting the streets, and word was that the VC funding was announced, but when it came time to write checks the pen ran out of ink. No word on if it was Rho Ventures or Sevin Rosen that backed out of the funding committment. Apparently Jim McGovern wrote a letter, according to Cheezhead. It is with great regret that I am writing to inform you that itzbig will [...]

Next week will see over 100 new products lauch between DEMO and TechCrunch50. The companies launching are always super secretive until the actual event itself. DEMO did announce attendees yesterday, and here’s the one’s were interested in, because they’re in Central Texas: CoreTrace MicroStaq OpenACircle (Dallas) Rudder (Houston) We’re looking forward to field reports from our readers!