From MV's own news archives:
Jan. 2001 -
"The company also secured over $30 million in funding from key investors, including Intel Corporation"
March 2002 -
"MontaVista announced the investment Tuesday, but didn't disclose how much Panasonic is investing."
April 2004 -
"MontaVista Software, Inc., the company powering the embedded revolution, today announced four new investors - Siemens Venture Capital, which leads the funding, as well as Samsung Ventures America, Infineon Ventures and China Development Industrial Bank. These investments in MontaVista Software, an embedded Linux platform and tools supplier, increase the company's cash reserves by $7 million. The total investment in MontaVista Software, since it was formed in 1999, is now more than $72 million."
Dec. 2006 -
"MontaVista Software, Inc., the leading global supplier of production-quality embedded Linux operating systems and development tools, today announced it has secured $21 million in funding led by Siemens Venture Capital. Also participating were NEC, Alloy Ventures, US Venture Partners, Aplix and others"
They make it all sound so exciting and certainly if your business is to get funding and burn it, then they did a great job! At least $83M turned into $16M cash and stock that itself may or may not be worth anything!
Great job Jim Ready, can you say Ponzi?
Drones are, in essence, flying autonomous vehicles. Pros and cons surrounding drones today might well foreshadow the debate over the development of self-driving cars. In the context of a strongly regulated aviation industry, "self-flying" drones pose a fresh challenge. How safe is it to fly drones in different environments? Should drones be required for visual line of sight – as are piloted airplanes? Join EE Times' Junko Yoshida as she moderates a panel of drone experts.