Archimedes Labs, a new incubator and investment vehicle focused on mobile, is
launching today. The incubator is co-founded by
Keith Teare, a serial entrepreneur and a co-founder of TechCrunch. Teare previously co-founded RealNames Corporation, and The EasyNet Group. Teare explains that the thesis for the incubator is based on the premise that the future architecture of software and application is moving to an app and cloud-centric world where mobile is central and the web becomes less and less important. Archimedes Labs will be focused on investing, incubating and accelerating startups that are trying to exploit the shift in gravity from web to mobile, he says.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/jfvp39BnATI/
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