Wednesday, April 22, 2009

Mpire's AdXpose; Andreessen dons VC cap; T-Mobile; and more

Just four weeks after its debut, Seattle startup Inkd said that it has attracted more than 1,000 new print designs from contributors in more than 20 countries. Inkd CEO Kelly Smith said the company is creating an online marketplace where small businesses can purchase templates for newsletters, flyers, brochures and business cards.

Connie Loizos at PeHub.com weighs in on the flame out of Zango, writing that is "not a proud day for the folks at Spectrum Equity Investors. Spectrum bought a 25 percent stake in the Bellevue online advertising company for $40 million in 2004.

Insitu, a unit of The Boeing Co., said it has won a $30 million contract to provide unmanned aircraft vehicle services to Canadian military forces operating in Afghanistan. 

Speaking of aviation, Kent-based Naverus has raised $4 million in venture funding from Foundation Capital and East Peak Partners for a new flight navigation system that reduces carbon emissions and aircraft fuel use by picking more efficient flight paths.

T-Mobile USA's subscriber growth continues to take a hit. The Bellevue company -- a unit of Deutsche Telekom and the fourth largest wireless carrier in the U.S. -- said that it had 415,000 net subscriber additions during the first quarter. (Note: Wording has changed.) That compares to 981,000 for the same period last year, and 621,000 during the fourth quarter.

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