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Woburn’s SensAble Technologies, a developer of touch-sensor computer modeling technologies, raises $8 Million from a group of undisclosed investors March 8, 2010

Posted by HubTechInsider in Hardware, Startups, Venture Capital.
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Woburn’s SensAble Technologies, a developer of touch-sensor computer modeling technologies, raises $8 Million from a group of undisclosed investors.

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Attleboro’s Sensata Technologies, a sensor and controls maker, readies a $726 Million IPO March 8, 2010

Posted by HubTechInsider in Hardware, IPOs, Microprocessors, Startups, Venture Capital.
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Attleboro’s Sensata Technologies, a sensor and controls maker, readies a $726 Million IPO on the NYSE (New York Stock Exchange symbol–ST) underwritten by Morgan Stanley, Barclays Capital, Goldman, Sachs & Co, BofA Merrill Lynch, J.P. Morgan, Citigroup, and Credit Suisse.

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Zeemote, a Chelmsford, MA-based startup that developed a handheld game controller for use with games on mobile handsets, has closed its doors November 11, 2009

Posted by HubTechInsider in Ecommerce, Hardware, Telecommunications, Venture Capital, Video Gaming Video Games.
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Zeemote, a Chelmsford, MA-based startup that developed a handheld game controller for use with games on mobile handsets, has closed its doors and is putting its assets up for sale. Founded in 2005 by famed Boston-area entrepreneur Beth Marcus, the company worked with handset manufacturers Nokia, Samsung, LG, Sony Ericsson, and RIM to make its Bluetooth-based device compatible with their phones. A partner from Waltham, MA -based Zeemote backer Commonwealth Capital Ventures confirmed the closure but offered no further details.

I was lucky enough to have met in person the CEO of Zeemote, Beth Marcus. Beth is a famed entrepreneur in the Boston area, and I met her at the time of her involvement with an Internet retailer named Glow Dog. Beth is active in the MIT Enterprise Forum and some 128 Networking and entrepreneurship circles, and after attending one of Beth’s talks on company valuation one early morning at the Newton Marriot in Newton, MA (a well-known and heavily traveled local hotspot for technology and software, hardware startups’ networking and professional group meetings in the area) Beth and I struck up a conversation, which was followed by Beth granting me a private tour of Glow Dog’s facility and retail store along Great Road in Bedford center and lunch at a local Japanese Restaurant.

Beth was generous with her time and expertise and the time she graciously spent with me that day not only provided me with several nearly priceless insights about my business plan and company (I was working on an ecommerce company at the time, TSN Corporation), but also provided a blueprint of how a successful entrepreneur should give back to the community. Beth Marcus is the real deal and I thank her heartily for her time and knowledge sharing.

Beth Marcus has been Founder and CEO of several successful startups, most notably EXOS, Inc., which was venture capital backed and sold to Microsoft in 1996. Since then she has been involved in 12 start-ups in a variety of fields as a founder, investor, or advisor. One of the companies Beth founded was called Glow Dog and was based on Great Road in Bedford. The company was an Internet retailer and sold pet products with a pet safety orientation both at retail and wholesale to many large pet-oriented retail chains both online and off. She has raised equity numerous times and has also done angel investments herself. Several of these ventures have been acquired by public companies.

Part-time between then and now, Beth has worked as a consultant providing patent strategy, litigation support, and other strategic technology-related consulting services. Beth is an acknowledged expert in the hand-device interface space and has been an expert for several of the major players in the industry in support of prior-patents litigations. That knowledge and the clear problems in using a cell phone keypad for anything but number entry led her to invention, filing of a patent application, and the founding of Zeemote, Inc.

Beth has SB and SM in Mechanical Engineering from MIT and a PhD in Biomechanics from the Imperial College, London, where she was a Marshall Scholar. She has more than a dozen patents to her name and numerous publications and public speaking engagements. She has served on the faculty of MIT in the department of Mechanical Engineering. Dr. Marcus has been member of the Board of the MIT Enterprise Forum and the MIT Corporation Visiting Committee in Mechanical Engineering. She is also a current member of the Council for the Arts at MIT.

Zeemote JS1 Product Profile and Interview with Beth Marcus, CEO of Zeemote from Ablegamers

Zeemote Hands-On Review from Ubergizmo with Pictures of the Remote Unit for Cellular Telephones

Beth Marcus Profiled at Mass High Tech Magazine

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