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Tag Archives: Originate ventures

Osage Ventures invests in locally-based Second Life clone

A company screen shot of the Protosphere

A company screen shot of the Protosphere

Bala Cynwid-based Osage Ventures has announced a Series A investment in ProtonMedia, a company that specializes in creating virtual worlds.

Stopping just short of calling its main product “The Matrix,” ProtonMedia’s primary product is “ProtoSphere” — a platform that customers use to hold virtual meetings and classes. The software allows for voice chat, document transfer and custom avatars, among other features.

The Lansdale-based company is already profitable, boasting some pretty large customers including Comcast and AstraZeneca.

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Shop Talk: Philadelphia’s venture capital community on Twitter

Image courtesy of millionclues.com

Image courtesy of millionclues.com

If you have ever shown a friend or relative Twitter, you were probably met with a response along the lines of, “Why would I ever want to use this?”

Mostly, it’s hard to quantify the usefulness of a tool such as Twitter, but the startup and venture capital research Web site Chubbybrain has given it their best shot by asking the question: Do VCs who use Twitter invest in more startups?

The report is an interesting look at how venture capital firms use Twitter while judging its effectiveness. But, as expected, the report focuses mostly on VCs in California, Boston and New York. That got us thinking, what local VC’s are on Twitter?
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