Panoramic webcasting startup Altia Systems finally disclosed this week who was behind the $10.5 million Series B funding it got earlier this year — Intel Capital. The Cupertino company led by CEO Aurangzeb Khan was featured in the Business Journal’s weekly Pitch profile about a year ago and has now raised a total of about $17 million in two funding rounds since. The latest funding was first disclosed in a January regulatory filing but Altia had been silent about who participated until now.
Intel Capital has led a $10.5 million in panoramic camera maker Altia Systems. The second round of funding will help Altia expand its development of its PanaCast Personal Panoramic Video System, which can offer a panoramic high-definition video stream with a wide field of view. The camera is part of a larger PanaCast Experience, complete with cloud and apps. The system is targeted a video web collaboration in the enterprise, and it allows users to connect via smartphones, tablets, and computers. It has touch-enabled controls that allow all the participants to see what they want to view within the visual field in real-time — and independently of each other. The camera works with collaboration platforms like Microsoft Lync, Cisco WebEx, Citrix GoToMeeting, and Google Hangouts.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
A profile has been popping on Tinder this week for users in Austin. Many of the attendees of the SXSW…
The Department of Justice and the NSA are being sued by the Wikimedia Foundation with the goal of ending "this mass…
Transparency reports have pretty much become a must-have for Internet companies, with the big companies like Facebook and Google releasing massive…
We've already established that Valve's highly-anticipated Steam Machines will finally be hitting the market this November, but what will the…
