Movidius News

Movidius scoops first Romanian R&D grant from EU

Wed, 30 Jun 2010 00:00:00 +0100

Dublin, Ireland - 30 June 2010 - Movidius today announced that the company has been awarded a research and development grant from the first EU fund targeting Romania's R&D sector. This grant from the Regional Competitiveness and Employment Objective will enable Movidius to allocate a team of engineers and academics boosting its development of 3D video capabilities and design tools for its Myriad mobile multimedia platform.

Since the company's launch, Movidius has had a substantial development presence in Timisoara, Romania, today employing over 30 engineers focused on software development for the Myriad platform. Myriad brings an enhanced user experience to mobile devices, making it possible for users to capture, edit and share content via mobile social networks. The strength of Movidius' application software and design tools are central to the company's offering.

The EU Regional Competitiveness and Employment Objective is aimed at reinforcing competitiveness, employment and attractiveness of these regions by promoting innovation, entrepreneurship and environmental protection. The Objective is jointly funded by the European Regional Development Fund and the European Social Fund and the grant to Movidius was the result of the first call for such EU-funded R&D projects by the Romanian Government.

Dr. Valentin Muresan, General Manager of Movidius SRL Romania, commented, "This is great news for our center here in Romania. We're delighted to have not only the support of the Romanian Government but also the EU," Muresan continued, "Romania is an exceptional region in terms of producing highly-skilled software developers. The news of this grant will further stimulate our development capability and allow us to incorporate more future-looking applications, especially in the field of 3D video where Movidius already has a significant technological advantage."

Movidius Wins Red Herring 100 Europe Award

Thu, 03 Jun 2010 00:00:00 +0100

Dublin, Ireland - 3 June 2010 - Mobile multimedia specialist Movidius today announced that it is a recipient of the Red Herring 100 Europe award, given to the top 100 most exciting and promising private technology companies based in Europe.

Renowned for discovering and advocating the most promising private ventures from around the world, the Red Herring 100 finalists are selected from a pool of hundreds from across Europe, and evaluated on key metrics, such as financial performance, technology innovation, quality of management and execution of strategy.

Sean Mitchell, CEO Movidius commented, "We are very proud to have been selected as one of Europe's most promising technology companies by the Red Herring team. This award joins a host of other awards Movidius has won, and is a great vote of confidence in the strength, uniqueness and market potential of Movidius' offering."

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Movidius secures Series B investment to fuel growth in mobile video

Wed, 19 May 2010 00:00:00 +0100

Dublin, Ireland - 19 May 2010 - Mobile video specialist Movidius today announced that it has secured US$7.5 million in Series B investment. The funding round has been concluded with existing shareholders including Celtic House Venture Partners, Capital E, Emertec Gestion, AIB Seed Capital Fund and angel investors. This round will be used to fund Movidius' growth plans as the company begins deployment of its Myriad platform providing advanced imaging capabilities including 3D video capture in the next generation of mobile handsets.

Movidius' innovative low-power processor and application software technology enables a wide range of advanced multimedia features on mobile devices including real-time editing of video content, 3D mobile video, as well as a variety of high-quality video enhancements for improving video download bandwidth utilization. By delivering the best mobile video experience for end-users to capture, edit, view and share content directly from their handset, Movidius' Myriad platform helps mobile handset OEMs substantially differentiate their multimedia smartphone offering while also providing operators with significant cost advantages and new revenue streams.

Sean Mitchell, CEO Movidius commented, "This funding is a powerful validation of Movidius' technology and market traction. It highlights the continued support and confidence from our shareholders. This investment will enable us to drive our first products into high volume production and to capitalize on the exploding mobile industry demand for the unique new user experiences we are enabling with the Myriad platform such as 3D mobile video."

Roger Maggs, Partner, Celtic House Venture Partners commented, "In Movidius we immediately recognized a team that had developed disruptive technology and that provides solutions that address both operator and OEM needs for greater differentiation of their products and services, especially in the increasingly competitive Smartphone segment. We continue to invest in Movidius because we are confident of its ability to deliver a truly world class technology that will fundamentally revolutionize the way in which users interact with their mobile handsets in a rapidly growing market."

"Despite tough conditions in the global economy, Movidius' success and progress over the past year reinforces the potential of its ground-breaking technology," commented Rudi Severijns, Partner, Capital-E. "Industry drivers and application trends clearly indicate a shift towards new mobile system partitioning approaches and Movidius is in a strong position with its flexible architecture to take full advantage of this fantastic opportunity."

Movidius is now sampling product to major players in the mobile market, and is moving from development to product deployment. Mass production of Movidius' products is expected to begin later in 2010, with mobile handsets containing those products due to hit the market early in 2011.

Here's a short video with Sean's comments on the context of the funding.

Movidius at Social Media Forum Europe 2010

Thu, 11 Mar 2010 00:00:00 +0000

Movidius' superior mobile imaging points towards future of ubiquitous UGC video in mobile social networking

Dublin, Ireland - 11th March 2010 - Movidius today announces that it will be exhibiting at the Social Media Forum, Europe's leading social media event, from 15-16^th March at Olympia, London. Movidius will illustrate upcoming advances in mobile handsets that are driving an imminent explosion in mobile user generated video content, (mobile UGC), which drives higher levels of brand and community engagement. Movidius' technology enables a wide range of multimedia features on mobile handset devices, including real-time video editing, high quality playback enhancements and 3D imaging.

At the same time as mobile social networking is growing, social networks are moving quickly from the sharing of simple text and photos to the sharing of video content. Demonstrations of Movidius' technology at the Social Media Forum will highlight how Movidius enables exciting new applications for imaging capabilities in mobile devices. By significantly improving the mobile imaging user experience, Movidius technology will drive more mobile user content generation and, critically, more sharing of rich media content across mobile social networks.

Movidius provides the framework for the market's best video capture, best edit, best view and best sharing on the mobile handset. Offering real-time video editing and 3D imaging and HD video playback and record, this type of technology will soon become pervasive across mobile handsets in the way that cameras, Bluetooth and Wi-Fi have become standard handset features.

Movidius' technology also provides valuable benefits to other key players in the mobile social networking ecosystem. It will provide differentiation that handset manufacturers crave, as well as offering them a flexible platform that can quickly adjust to changing market needs to deliver new multimedia features. Through intelligent media format management in the phone, Movidius' technology also helps operators to manage the data burdens on their networks intelligently while ensuring a high impact experience for their customers. At the same time the new functionality will help social networks build new customer acquisitions, reduce customer churn and increase community engagement.

Movidius can be found at the forum on stand 22. For further information on The Mobile Social Media Forum, or to register, go to http://www.mobilesocial-networking.com/

Movidius Launches Myriad Platform

Tue, 19 Jan 2010 00:00:00 +0000

Dublin, Ireland & Hong Kong - 19th January 2010 - Movidius today announced the launch of the Android version of its new Myriad multimedia processing platform for mobile phones. Based on the technology underlying its premiere product, the MA1110, the Myriad silicon and software platform enables a wide range of differentiating mobile media features including real-time video editing and 3D imaging. In Myriad, device manufacturers can bring to market differentiated products that deliver the best mobile imaging experience for users to capture, edit, view and share their content through mobile social networks.

Movidius will be demonstrating the Android version of Myriad at Mobile World Congress in Hall2.1 at Booth Number 2.1C61, Barcelona, 15th-18th February 2010. Customer samples of Myriad based products and developer kits are available to qualified customers.

Movidius' Myriad combines superior real-time video editing capabilities, 3D imaging and HD quality video recording and playback in a single platform. Myriad also supports Movidius' best-in-class video enhancements for improving low-bitrate internet video and mobile television where applicable. All these features allow OEMs to differentiate handsets and other products with unique features in an increasingly crowded market.

User experience is everything. With consumer frustration at the poor quality of their mobile media experiences to date, Movidius' Myriad Android platform allows applications to include sophisticated video and photo processing to compensate for sub-optimal handset optics. This provides users with enhanced inline video and photo capture quality, while also providing creative enhancements through the addition of unique video and photo effects producing impressive results for sharing with family, friends and more.

"Consumers are getting more savvy about their mobile phones", said Sean Mitchell, CEO of Movidius. "As the iPhone has proven, today's consumers are buying usability and not just more megapixels. Handset manufacturers and network operators recognize this and are keen to add unique features such as video editing and now 3D imaging to the next generation of mobile phones so consumers can have the best possible overall experience for capturing, editing, viewing and sharing their photos and videos in real time directly in the handset."

Success in the mobile multimedia field is dictated by superb performance, but also through delivering a great user experience. With top rankings and featured in Wired Magazine and The New York Times, Seattle based photographer Chase Jarvis' iPhone app "Best Camera" is showing the way mobile photography can develop this new paradigm. "By providing consumers with an intuitive interface and powerful functionality, we achieved phenomenal success with the Best Camera app," said Chase. "The creative person in me is ecstatic about the technology Movidius is developing. It will enable breakthrough performance in mobile photography and video."

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Movidius at Mobile World Congress

Fri, 11 Dec 2009 00:00:00 +0000

We met our customers, industry partners and colleagues again at GSMA's Mobile World Congress in Barcelona from 15th through 18th February 2010.

Also Sean Mitchell, Movidius CEO, shared his insights in the "Video 2.0" panel discussion along with YouTube, Softbank and Mofilm as part of Completing the 2.0 Reality with Mobile - Part One.

Movidius exhibited in Hall 2 and we demonstrated our recently announced Myriad platform running Android.

Feel free to contact us with any questions on our participation.

Movidius Appoints New Board Member

Wed, 18 Nov 2009 00:00:00 +0000

Dublin, Ireland - 18^th November 2009 - Movidius today announced that it has appointed Gary Johnson as non-executive member of the board of directors. Johnson brings over 20 years of experience from leading positions in several high profile technology companies and his appointment is the latest demonstration of confidence in the strength of Movidius' company and technology.

Johnson was previously CEO for PortalPlayer, and has recently been involved as a Director at Air Semiconductor and ITSUN Ltd. Johnson has been a NASDAQ-listed CEO twice across his career. Having overseen the growth and/or flotation of several businesses including S3 and PortalPlayer (floated in November of 2004 and sold to NVIDIA in 2007 for $360M), Johnson has built a reputation for backing and managing successful enterprises. Under his tenure at S3 Inc. he built the highly successful Trio product family bringing for the first time integrated video and graphics playback to the consumer PC market. At PortalPlayer the Applications Processors (AP) that were developed achieved notable success in many generations of mobile devices including Apple iPODs, SONY and Samsung MP3 players among many others. This led the way to highly innovative products incorporating High-Definition (HD) Video capability for the then emerging multimedia mobile phone market.

Johnson's expertise in strategic planning and execution, financing and negotiation, together with his enthusiasm for mobile technologies, make him a strong addition to a company that already has significant momentum behind it. Movidius gained strong investor backing, securing over $14 million of Series A funding in October 2008. The January 2009 launch and demonstrations of its premier mobile video processor, the MA1110, at Mobile World Congress 2009 were met with uniformly positive responses. Mobile social networking is seen to be the 'next big thing' in the mobile space and the ability of Movidius' technology to deliver mobile video editing is key to realizing a complete user experience.

"We're really excited to have someone of Gary's calibre joining the team," said Sean Mitchell, CEO of Movidius. "Gary's previous successful track record and strong industry relationships make him a very significant addition to our Board. He brings substantial experience to the table, and will play a key role in guiding Movidius' strategic direction in the future and in accelerating our market engagements."

Movidius Strengthens Management Team

Tue, 03 Nov 2009 00:00:00 +0000

Dublin, Ireland 3rd November 2009 – Movidius today announced that it has appointed two new senior executives to its management team. John Bourke and Barry Jones have assumed the roles of Chief Financial Officer and Vice President of Software Engineering respectively. The two industry veterans will play critical roles in delivering Movidius’ mobile video processing technology to the company’s global customer base.

John Bourke comes to Movidius with over 20 years of experience in various prominent financial positions within the technology industry. Before joining Movidius, Bourke was co-founder and CFO of GloNav Inc, a fabless semiconductor company specializing in GPS technologies, which was successfully sold to NXP Semiconductors and ST Ericsson in 2008. Prior to that Bourke was VP of Finance and Corporate Controller at CEVA Inc, and previously spent 10 years in numerous senior positions at Ernst and Young. These included Director of Corporate Finance and Director and Senior Manager of Audit specializing in technology companies.

A commercial technologist and successful serial entrepreneur, Barry Jones brings to Movidius over 20 years of experience in mobile handset technologies and an enviable record in successfully delivering client applications into mobile devices. Jones has worked with a variety of blue chip, SME and start-up companies. Over the years he has successfully brought more than 100 consumer electronics products to market, generating revenues in excess of $5 billion. Jones joined Movidius in June 2009 from Motorola where he was Operations and Development Director, responsible for managing mass-market mobile handset product development across four continents. Prior to this Jones was Operations Director at TTPCom Silicon and Terminals, within its software and silicon business units, where he helped deliver the company’s leading edge solutions into 30% of the worlds mobile handsets.

“Both Barry and John bring substantial track records of success to Movidius, and their appointment will further strengthen and compliment our already highly experienced team.” commented Sean Mitchell, CEO, Movidius. “Barry and John’s experience in delivering innovative applications for mobile devices will contribute significantly to our success as we now engage with customers in the next phase of Movidius’ growth.”

Movidia re-brands to Movidius

Tue, 20 Oct 2009 00:00:00 +0100

Dublin, Ireland 20th October 2009 - Movidia today announced that it has embarked on a complete re-brand of the company, and with effect from today, will now operate under the name Movidius. Based on specific market feedback, the company has re-branded to create a more distinctive presence in the mobile handset sector.

The new name Movidius is intended to reflect the core brand values of the company: mobility, video and imaging, and connectivity of the social network in "us". As a unique and innovative name, Movidius also conveys aspects of the company's product focus on video, as well as allowing the company to leverage the heritage of the Movidia brand by making the transition as smooth as possible for everyone involved.

Sean Mitchell, CEO Movidius commented, "Movidius is focused on perfecting the user experience for mobile social networking which The Neilsen Company reported this past June is delivering the fastest growing audience for mobile internet services. The last six months have been incredible for us, and since launching the MA1110 in January, we have generated excellent traction with customers and partners, as well as the industry as a whole." Mitchell continued: "Our new brand will better reflect the core values of the company and help us define our unique position in the market."

Movidius was founded by an experienced management team from the semiconductor industry, and in October 2008, announced it had secured over $14 million of Series A funding. Launched in January and demonstrated at Mobile World Congress in February 2009, Movidius' premier product, the MA1110, is the first processor in the world to enable complex in-phone video editing, in real time, on power-conscious devices. The MA1110 uniquely addresses the growing demand for both mobile social networking and UGC (User Generated Content) functionality on mobile phones, and will enable OEMs to create highly differentiated devices with unique user experiences.

The first MA1110-based products will be sampling from Movidius in late 2009. The company's R&D and sales teams are located in Dublin, Hong Kong and Romania.

Movidius scoops ‘Best Technology Innovation’ at Mobile Content Awards

Fri, 11 Sep 2009 00:00:00 +0100

London – September 11th, 2009 - Movidius (formerly Movidia) last night collected the coveted gold Mobile Content Award for ‘Best Technology Innovation’. Movidius was rewarded for its MA1110 multimedia processor, which uniquely enables users to edit their video and apply sophisticated video effects in real-time on a mobile device.

The Mobile Content Awards were hosted by Visiongain Research at a live ceremony at The Charing Cross Hotel in central London last night, and recognized companies who have made significant progress over the last year within the mobile content sector. With hundreds of submissions and only three winners in each of the 13 categories, the awards acknowledge those who best demonstrate ease of use and mobility, quantifiable business benefits, proven success in the market and overall achievement of original objectives.

Movidius’ MA1110 is the first processor in the world to allow users to perform complex video post-production on a mobile phone in real time. Using Movidius proprietary signal processing technology, this chip can perform highly complex video-editing tasks such as real time image stabilization, super resolution zoom, slow motion and color matching, and is targeted at the growing market for mobile social networking phones.

Accepting the award at last night’s prestigious event, Bob Tait, Marketing Director at Movidius commented, “It is an honor for Movidius to win this prestigious award and a credit to the great team we have built around the world and the vision of our founders. We’re obviously thrilled that our mobile video editing technology is getting such widespread recognition. The MA1110 is a game-changer in terms of the way video content is generated and disseminated. Our technology is designed to empower the user to shoot and edit video anywhere and at any time for publishing to popular social networking sites. We’re already achieving success with our mobile handset customers and creating new synergies with mobile content providers to build new business models for the industry and look forward to adding to those partnerships following this Award..”

Other winners last night included RIM, Nokia, HTC, Samsung and Orange.

About Movidius
Movidius is a fabless semiconductor company whose technology delivers unique video editing and post-production capabilities for the creation of User Generated Content for mobile social networking. Movidius’ video processor hardware and application software is specifically designed to suit low power mobile phone and consumer electronics, enabling handset manufacturers to create highly differentiated products and enhanced user experiences.

Movidius has offices in Dublin and Hong Kong, with a substantial software development centre in Romania. Movidius is venture backed, with investors including: Celtic House Venture Partners, Capital-E, Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland.

Movidius wins at Le Mobile 2.0 with MA1110 mobile video processor

Thu, 19 Mar 2009 00:00:00 +0000

Dublin, Ireland & Paris, France, 19th March 2009 - Movidius (formerly Movidia) today announced that it has been awarded one of the Zapping Startup accolades at Le Mobile 2.0 conference in Paris. Movidius was chosen as one of three joint winners, picked by a panel of judges (Sofinnova, Forum Nokia, Orange, ServicesMobiles.fr), having showcased its revolutionary mobile video processor product, the MA1110.

Movidius’s product, the MA1110 is the first processor in the world to allow users to perform complex video post-production on a mobile phone in real time. This chip can perform highly complex video-editing tasks such as real time image stabilisation, super resolution zoom, slow motion and colour matching, and is targeted at the growing market for mobile social networking phones.

“Following the launch of our premiere product in January, and demonstrations of our silicon at Mobile World Congress, we have enjoyed a period of huge customer interest and general momentum”, said Sean Mitchell, CEO of Movidius “It’s wonderful for us to now have another vote of confidence in the form of this award from Le Mobile 2.0. Our thanks extend to Memodia, the organisers of Le Mobile 2.0 for such a professionally-run event.”

Christophe Romei, Managing Director of Memodia and author of the French blog ServiceMobile.fr, organised the Le Mobile 2.0 event. “All of the showcases were of a very professional standard. I know the judges had a hard time whittling the entries down to just four. It was clear from Movidius’s proposition that they’d solved a problem. The MA1110 can do something that, up to now, was impossible on a mobile phone. It’s also obvious that there is a market for this. Mobile social networking was one of the big buzzwords of the Le Mobile 2.0 event.”

As well as being capable of video editing, Movidius’ MA1110 also supports high resolutions of all standard audio and video CODECs and APIs.

The MA1110, launched in January 2009 and demonstrated at this year’s Mobile World Congress in Barcelona, is expected to go into production mid-2009, with products available in 2010.

Movidius launches revolutionary multimedia processor for mobile phones

Thu, 15 Jan 2009 00:00:00 +0000

Movidius launches revolutionary multimedia processor for mobile phones

High performance, low-power design meets demand for UGC capabilities for mobile social networking

Dublin, Ireland & Hong Kong – 15th January 2009 – Movidius (formerly Movidia) today announced the launch of its premier product the MA1110, a multimedia processor for mobile phones. The MA1110 is the first processor in the world to enable high performance in-phone video post-production in real time on power conscious mobile devices. Movidius’s processor is aimed at the booming market for phones for mobile social networking users and will allow mobile phone OEMs to develop a new generation of highly differentiated products with enhanced user experiences.

Movidius will be demonstrating the MA1110 at Mobile World Congress hall 2.1, stand A10, Barcelona, 16th-19th February 2009. Customer samples of MA1110 will be available in Summer 2009. Mass production of Movidius’s chip will commence later in 2009.

Movidius’s MA1110 brings unparalleled processing power to a mobile phone at compelling power points. Movidius’s breakthrough technology allows the multimedia processor to perform highly complex video-editing tasks such as real-time image stabilization, super resolution zoom, slow motion and color matching. Movidius’s MA1110 also supports high resolutions of all standard audio and video CODECs and APIs to ensure full compatibility with a wide range of content.

The MA1110 uniquely addresses the rapidly growing demand for both mobile social networking and UGC (User Generated Content) functionality on mobile phones*. Movidius’s chip can support complex video post-production features previously only achievable on a desktop computer. Users can capture, edit, view and publish their videos using only their phone; this enables them to skip the PC ‘stage’ entirely, and empowers a new generation of ‘Spielbergs on the move’.

For the first time, operators are seeing real and repeat data usage on mobile phones. New features available in the latest phones are encouraging users in their droves to take out more expensive tariff bundles for data and internet applications. Movidius’s MA1110 provides handset OEMs with the technology to satisfy initial multimedia requirements and, crucially, empower them to continue differentiating their products with unique UGC capabilities.

“This has never been done before”, said Sean Mitchell, CEO of Movidius. “Analysts are unanimous in pointing out that the market for social networking and UGC is exploding. Network operators and phone manufacturers are queuing up to release ‘Facebook phones’, or offer individual video features like slow-mo. Yet until now no phone has been able to perform complex video editing on a phone in real time. This is something we sought to address in order to really deliver a compelling user experience to unleash the real growth in this market.”

“There is an entire generation of phone users out there waiting for this. The MA1110 puts an editing studio in your pocket. Footage of football matches, weddings, holidays, parties, can all be edited, tailored and shared instantly wherever you are. The range of effects possible with the MA1110 is astonishing. Finally, we can have mobile multimedia as it was always meant to be: Powerful, personal and immediate. ”

Will Strauss, President of Forward Concepts commented, "Movidius's MA1110 looks remarkable. This is the only in-phone, post-production product that I've encountered. No other chip on the market can do this. Forward Concepts sees a huge potential market for mobile social networking and a lot of excitement around the area of user generated content. Handset OEMs want to differentiate mobile devices and I expect a strong demand for this product. It's the right technology at the right time. I look forward to seeing Movidius's demo in Barcelona."

Movidius was founded by an experienced management team from the semiconductor industry and in October 2008, announced that it had secured $14 million of Series A funding. The company’s R&D and sales teams are located in Dublin, Hong Kong and Romania.

*Editors Note:
According to UGC industry analysts Juniper Research strong growth is expected in mobile social networking revenues with a market size of $7.3 billion by 2013. Meanwhile In-Stat expects that the worldwide market for mobile video revenues could reach $6.2 billion in the coming five years, while ABI Research forecasts 140 million mobile social networking users by 2013.

About Movidius
Movidius is a fabless semiconductor company whose technology delivers unique video editing and post-production capabilities for the creation of User Generated Content for mobile social networking. Movidius’s video processor hardware and application software is specifically designed to suit low power mobile phone and consumer electronics, enabling handset manufacturers to create highly differentiated products and enhanced user experiences.

Movidius secures funding to enable budding “Spielbergs on the move”

Mon, 20 Oct 2008 00:00:00 +0100

Movidius secures funding to enable budding “Spielbergs on the move”

On-device video production for social networking will be a key differentiator for mobile phones

Dublin, Ireland & Hong Kong – 20th October 2008 – Movidius, the mobile video processor company formerly known as Movidia, announced today that it had secured over US$14 million in Series A funding. Investments from an international syndicate led by Celtic House Venture Partners and Capital-E and including Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland will help the fabless semiconductor and software company to bring to market its highly innovative mobile video processor technology. Movidius’s first product, already proven in silicon, is set to launch in early 2009.

Movidius’s advanced low power video processor will, for the first time, enable powerful User Generated Content (UGC) video production functions for mobile phones and other consumer electronics products. Movidius’s technology allows cell phone manufacturers to provide highly differentiated products and services to meet the growing global demand for mobile social networking. Users will be able to do complex in-clip editing to add post-production effects such as slow motion and super resolution zoom to their own video content in real time and on the move without the need for a PC.

Movidius was founded by an experienced management team from the semiconductor industry including CEO Sean Mitchell, CTO David Moloney and COO Paul Costigan. The company’s R&D and sales teams are located in Dublin, Hong Kong and Romania.

Movidius's CEO and co-founder, Sean Mitchell, commented, “The confidence shown by our investors in supporting Movidius highlights the value of our unique technology and, in light of current uncertainties in financial markets, provides strong validation of our fabless business model, market strategy and product plans.” Mitchell continued, “Mobile social networking capabilities will be an important differentiator for next generation mobile handsets and Movidius’s semiconductor products will provide handset manufacturers with unique video post-production capabilities that are now in demand by today’s consumers.”

Movidius’s Board of Directors will be expanded as a result of the investment with seasoned semiconductor industry investors Roger Maggs and Brian Antonen of Celtic House, Rudi Severijns of Capital-E and Jean-Philippe Gendre of Emertec Gestion all joining the Board.