Media Shell receives more financing from seed fund

Queen’s Univ-based MediaShell Corp has received $350,000 in follow-on seed financing from Working Ventures Queen’s Scientific Breakthrough Fund, bring the fund’s total investment to $850,000. MediaShell’s technology allows software firms to rent their applications to consumers while being able to track, manage and regulate its usage without a dedicated Internet connection with end users. The investment will take the firm to commercial launch of its flagship product and position the firm for further financing....