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November 11, 2010

CashFlow: Some small tech companies getting the moolah

cash-wad.jpgIt's now time for the latest edition of CashFlow, our look at random startup tech companies from across the country who are raising money for their ventures.

* Live Gamer Inc., of New York, N.Y., has raised $500,000 (in debt) of a total $1 million round of funding they're seeking to continue to expand its micro-transaction and virtual currency platform. Enabling consumers to spend their money online on websites and games is a hot market right now. Live Gamer has a bunch of investors lined up behind it.

* Quu Inc., of Mercer Island, Washington, is seeking to raise $2.5 million in equity financing for its cell phone-based interactive radio platform. Quu allows you to follow radio stations with your cell phone, and tag songs, participate in polls and do other interactive things.

* Azigo Inc., of Wellesley Hills, Mass., is currently in stealth mode, according to its Website, but has raised $475,000 of a planned $1.4 million. The company appears to have expertise in the information card field.

Posted by Gus Sentementes at 10:33 AM | | Comments (0)
Categories: *NEWS*, Startups
        

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About Gus G. Sentementes
Gus G. Sentementes (@gussent on Twitter) has been writing for The Baltimore Sun since 2000. He's covered real estate, business, prisons, and suburban and Baltimore City crime and cops. He was one of the first reporters at The Sun to use multimedia tools and Web applications -- a video camera, an iPhone -- to cover breaking news. He hopes to cover Maryland geeks and the gadgets and Web sites they build, and learn -- and share -- something new every day.

Gus has a wife, a young daughter and two feuding cats. They live in Northeast Baltimore.
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