Is Apple Buying Polar Rose?
Is Apple about to buy the Sweden based Polar Rose? It seems so if there's any believing in the new released earlier today by Computer Sweden. Polar Rose is developing solutions in the area of computer vision technology.
Nikolaj Nyholm Joins Sunstone Capital
Nikolaj Nyholm, a Danish serial entrepreneur, who stepped down as Polar Rose's CEO just recently will join a Nordic venture capital firm Sunstone Capital as Partner in the Technology Ventures team on January 1.
Nyholm has spent the last 10 years working with internet infrastructure projects, commercial ventures and organizing, among other things, Reboot with Thomas Madsen-Mygdal. He has previously founded Speednames/Ascio acquired by Group NBT (NBT.NL), Imity merged with Zyb (acquired by Vodaphone Group), and Organic Network, a WiFi startup whose legacy is OpenWRT.org, an open source WiFi project.
Without a doubt this is good move by Sunstone Capital as Nyholm has an extremely wide network and is considered one of the most visionary entrepreneurs in the space. Quite naturally, at Sunstone Nyholm will focus on developing early-stage investments in the software, mobile and an internet space. Commenting his move, Nyholm said that " There aren't enough seasoned entrepreneurs joining VC firms in Europe, which should otherwise allow us to stir things up a whole lot more! " We couldn't agree more.
Polar Rose Appoints New CEO, Looks To Come In From the Cold
The Malmö, Sweden based company who's facial recognition powered visual search technology is very well regarded, announced on their blog this afternoon that they've appointed Carl Silbersky as their new CEO. In a move that seems strangely similar to Spotify's announcement earlier, the new focus will be on developing Polar Rose's mobile service. The fact that Former CEO Nikolaj Nyholm will remain on the board of directors gives us a good clue about what this new direction really means for Polar Rose, the respected but ultimately profitless company whose A-round was way back in 2006.
Neo Technology Secures Seed Funding To Lead NoSQL Movement
I probably shouldn't be this ecxited, but I am. Swedish Neo Technology, developer of Neo4j, an open source graph database, has secured $2.5 million in seed funding to boost Neo4j’s presence in the emerging NonSQL movement market space.
I just received a happy call from Emil Eifrem, CEO Neo Technology, at the moment in US to talk about semantic web, NonSQL movement and the next step in Neo Technology's life.
