Arne Tonning, our partner and team member, has since the summer been the “Investor in Residence” at Nordic Innovation House (NIH) in Palo Alto, where he is an integrated part of the team there. The provides Alliance Venture with a more direct and hands-on link into the Silicon Valley ecosystem. Arne’s mission for us in California is to support our portfolio companies, benchmark new investment opportunities for our latest fond and strengthen the Silicon Valley network for long-term value. Feel free to reach out to Arne or us, if this local presence in California is of interest or can be leveraged for mutual benefit. More info on Nordic Innovation House here.
Øyvind Isaksen (51) has been appointed new CEO of poLight AS and the current CEO, Christian Dupont, will become CMO in charge of Sales & Marketing. Isaksen has previously held several CEO positions, most recently in the publicly listed company Q-Free ASA, which he left earlier this year after 7 years as CEO.
poLight offers the fastest autofocus (AF) actuator for use in future camera phones. poLight® has a patented Tunable Optical Lens with many performance benefits compared to today's VCM (Voice Coil Motor) lens, and it scores far better in terms of instant focus and low power consumption.
For more information visit www.polight.com or see press release.
Alliance Venture - together with Northzone - has invested $3.5 million in Outracks Technologies AS. Outracks develops a creative tool suite, Realtime Studio, used by programmers and designers to create stunning, multi-platform apps and visual experiences. Realtime Studio exports blazing fast, native applications for all major mobile and desktop operating systems, as well as WebGL and HTML5 for all browsers.
Incorporated in 2011 by a team of highly skilled engineers with backgrounds in GPU hardware, games and compiler development, Outracks is a company with a deep passion for beautiful pixels. Outracks’ goal is to enable anyone to create amazing user experiences on any platform and to redefine how we develop applications and visual content.
To learn more, visit www.outracks.com or see full press release.