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Posts by Drew Arnold

Digital Radio Express, a developer of technology to digitize the FM spectrum, wants to change how radio works. And it’s just brought in up to $3.3 million in its first round of venture funding to do so.
The Milpitas, Calif. company has developed a technology called FMeXtra, which allows for multiple digital programs to be broadcast [...]

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Renkoo, the Silicon Valley start-up that is lets you do social planning online, has picked up an extra $6 million in their second round of venture investing.
Renkoo, of Redwood City, allows the users of its site to send invites to plan and organize events. You can see our previous coverage of Renkoo here, where [...]

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Drawing upon Malcolm Gladwell’s concept of the “tipping point,” a Chicago start-up called The Point allows its users to coordinate groups to successfully pull off fundraisers, petitions, boycotts, or any number of other causes.
According to its approach, only once the “tipping point” of the number of members in a campaign has been reached should the [...]

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updated to add video tour of the product

Ooyala, a company founded by a couple of former high-ranking Google employees that wants to revolutionize advertising within online video, has received $8.5 million in a second round of investment.
Ooyala’s initial investors also took part in the investment, but the round was led by Sierra Ventures.
Ooyala, of Mountain [...]

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Nuon Therapeutics, a San Mateo-based pharmaceutical company, has just received $15 million in its second round of venture funding, we’ve learned.
Nuon markets a drug called Tranilast, which treats diseases such as multiple sclerosis and rheumatoid arthritis. It also received a $5 million round of investment last year.
According to the company’s web site, Tranilast is still [...]

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Proofpoint, a Sunnyvale, Calif. email security company, has received $28 million in a new round of venture funding.
DAG Ventures led the round, but all of Proofpoint’s previous investors participated as well.
The company, founded by email guru Eric Hahn several years ago (see our coverage) has now gobbled up a significant amount of cash. Two years [...]

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Crossbeam Systems, a company that develops network security platforms, has taken in $3.5 million of venture funding. This was a continuation of their sixth round of investing, which took place last spring.
In a statement to VentureBeat, Crossbeam claims to be growing “as a leader in the market for network security products and services.” One of [...]

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Atrua Technologies, a developer of intelligent touched-based controls for mobile phones, has received $4 million of funding.
This Campbell, CA, company specializes in input systems that allow for both fingerprint authentication and touch navigation on mobile devices. It’s technology can offer the same fingerprint-driven password protection that laptops have featured for the past couple of [...]

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Novariant, a Fremont, Calif. producer of precision control and location systems for the agriculture, mining, and aerospace sectors, has brought in $4.2 million in a recent round of investing.
Last year’s agriculture industry boom boosted demand for Novariant’s GPS products, which can “automatically steer equipment, map terrain, and land aircraft,” the company said. Their AutoFarm [...]

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TellyTopia is a secretive Silicon Valley startup that claims it can help give cable television providers superior delivery of their content, in the face of increased user generated content from places like YouTube. 
TellyTopia, of Santa Clara, Calif., hasn’t launched yet, but it is signing up companies for trials of its services, according to founder [...]

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Ekahau, a Saratoga, Calif., developer of Wi-Fi based real-time location systems, raised $6 million in a recent funding round. Several large international investors, including Nexit Ventures, Irish Life International, Startup Fund I-Ky and 3M, took part in the round.
Ekahau sells systems that track the location of cell phones, radio transmitters, Wi-Fi enabled devices, and the [...]

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