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Broadbus
Broadbus Technologies Inc. was a Boxborough, Massachusetts-based, video-on-demand technology company. It was co-founded in 1999 by entrepreneurs Jeffrey Binder and Robert Scheffler. The company was acquired by Motorola in 2006. As a start-up, Broadbus raised $13 million in 18 months from Battery Ventures and Charles River Ventures Charles River Ventures (CRV) is a venture capital firm focused on early-stage investments in technology. The firm was founded in 1970 to commercialize research that came out of MIT. Its name comes from the Charles River. History The firm has ra ... of Waltham, Massachusetts. Also backed by Comcast Interactive Capital, Broadbus raised another $25 million in late 2003, and ultimately raised approximately $57 million in venture capital before the acquisition. Broadbus was an early developer of memory-based systems for delivering both movies and television on demand. The company's flagship B-1 system was reportedly capable of supporting more than 15,000 ...
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Jeff Binder
Jeff Binder is an American entrepreneur and the builder of several startups in the technology, media, and telecommunications sectors. He is the former executive vice president of home and entertainment at T-Mobile after the company bought Layer3 TV, the company Binder co-founded and served as the CEO of until the purchase for $325 million. Layer3's service and platform eventually became T-Mobile's "T-Vision" once its version was launched by the company. Jeff Binder was also the founding CEO of Broadbus Technologies and an early investor and chairman of This Technology, which were sold respectively to Motorola and Comcast. He is brothers with renowned television producer, Steven D. Binder. Early life Binder began playing table tennis at 10, and was ranked in the national Top 5 during his teen years. Career In the 1990s, Binder's father created a company, Magic Music, which used digital storage in the mass-production of cassette tapes. Jeff credits his father and grandfat ...
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Entrepreneurs
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a Profit (accounting), profit." The people who create these businesses are often referred to as entr ...
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Motorola
Motorola, Inc. () was an American multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011. Motorola Solutions is the legal successor to Motorola, Inc., as the reorganization was structured with Motorola Mobility being spun off. Motorola Mobility was acquired by Lenovo in 2014. Motorola designed and sold wireless network equipment such as cellular transmission base stations and signal amplifiers. Motorola's home and broadcast network products included set-top boxes, digital video recorders, and network equipment used to enable video broadcasting, computer telephony, and high-definition television. Its business and government customers consisted mainly of wireless voice and broadband systems (used to build private networks), and, public safety communications systems like Astro an ...
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Battery Ventures
Battery Ventures is an American technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and London. Since inception, the firm has raised over $13 billion and is now investing its fourteenth funds, Battery Venture XIV and Battery Ventures Select Fund II, with a combined capitalization of $3.8 billion. History Battery Ventures was founded in 1983 in Boston, Massachusetts by Rick Frisbie, Howard Anderson and Bob Barrett. Since its inception, Battery has raised more than $13 billion in capital through the following fourteen funds and corresponding side funds. The firm has offices in Boston, San Francisco, Menlo Park, Tel Aviv, London, and New York City. Current investing general partners include: Neeraj Agrawal, Michael Brown, Morad Elhafed, Jesse Feldman, Russell Fleischer, Roger Lee, Chelsea Stoner, Dharmesh Thakker an ...
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Charles River Ventures
Charles River Ventures (CRV) is a venture capital firm focused on early-stage investments in technology. The firm was founded in 1970 to commercialize research that came out of MIT. Its name comes from the Charles River. History The firm has raised over $4.3 billion since inception across 18 funds. Upon closing of the 16th fund, the firm rebranded to CRV. Prior to that, CRV's 15th fund closed in February 2012 with $375 million of investor commitments. CRV's 14th fund raised $320 million of commitments. In 2013, it purchased a large portion of Pebble Technology for 15 million dollars and is credited as the primary reason why Pebble was sold to Fitbit in December 2016. This netted CRV nearly 40 million dollars. Among CRV's portfolio companies are Airtable, Amgen, Aveksa, Blippy, Cascade Communications, ChipCom, Ciena Corporation, ClassPass, Continental Cablevision, Crushpath, DoorDash, Drift, Earbits, Fiksu, iBasis, mabl, Netezza, OneLogin, Parametric Technology Cor ...
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Companies Based In Massachusetts
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ...
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