stories by Julie Klein

July brings funding for August Capital: firm raises its sixth fund

August Capital has raised $550 million for a new fund, according to August Partner Howard Hartenbaum. The fund, which is the sixth for the Menlo Park-based venture capital firm, includes $300 million for early stage investments and $250 million for …

Next Issue Media launches with all-you-can-read pricing model

Though digital magazine circulation has increased significantly in recent months, it remains a mere one percent of overall circulation, Ad Age reported last week. A group of five major publishers is hoping Next Issue Media, a company launching its full-feature …

Gain Fitness grabs $650K to pump up its business

Gain Fitness, developer of an exercise application, wants to make personal trainer-quality workouts available to the masses. The San Francisco-based startup has raised a round of seed funding to develop a marketplace for fitness enthusiasts and professional trainers.

Today, Gain …

Demo: VisualBee makes it simple to create pretty PowerPoint slides

More than 500 million people use Microsoft PowerPoint to make presentation decks. Visual Software Systems, maker of a product called VisualBee, helps presenters make slides more easily with its automated design plugin.

The company is launching version 3.0 of its …

Demo: Hookflash aims to make phone calls at work more productive

Hookflash, a peer-to-peer communications and file sharing service, wants to improve conversations in the workplace. Today at DEMO Fall 2011, the company is launching its first product, Hookflash for iPad.

The product, available as an iPad app at launch, combines …

Demo: Hold-Free Networks takes the pain out of customer service

When it comes to customer service, waiting on hold to speak with a real person can be a source of great frustration. Hold-Free Networks, a company that aims to eliminate this annoyance, is launching at the public today at DEMO …

Cloud-based systems management provider ScaleXtreme raises $11M

ScaleXtreme, a company that makes cloud-based products for systems management, has raised $11M in a second round of funding. The Palo Alto-based company plans to use the funding to expand its product capabilities and strengthen its marketing and sales efforts.…