Oslo, Norway, November 26th 2008 - Incitia Venture announced today that Incitia Ventures together with co-investor Alliance Ventures have invested NOK 5, 3 mill as a follow up investment in FXi Technologies AS.
FXi Technologies is a platform technology company developing a high capacity media rich technology platform for advanced content. The platform will allow for secure and rapid distribution of such content without size limitations utilizing the SD slot across a wide spectrum of portable devices. FXi Technologies was founded by Incitia Ventures an Alliance Ventures in 2006. The company is headquartered in Oslo with operations out of Fremont, California. More information is available at www.fxitech.com.