Coaltek, a Tucker, Ga., company that tries to lower the greenhouse gas emissions created by the burning of coal, has raised $33.4 million in a third round of financing, according to VentureWire (sub required).
Lightspeed Venture Partners led the round, …
BitTorrent, the San Francisco start-up that has long been considered a renegade by the movie industry, opened up a new movie store today with full backing by Hollywood studios.
The move is significant because the company’s founder, Bram Cohen created …
(Updated: Mayfield has responded, saying the citations from the Chamath interview were taken out of context.)
Chamath Palihapitiya, a venture capitalist with Silicon Valley venture firm Mayfield Fund makes a somewhat provocative remark about Silicon Valley in …
See our story here.…
CipherMax, a San Jose company that offers storage encryption technology to companies so they can secure their data, said it has raised $10 million in new financing.
U.S. Venture Partners, Venrock Associates and Scale Venture Partners (formerly BA Venture Partners), …
Imagekind is a Web site that lets artists upload their artwork for sale, and gives them the freedom to sell it at whatever price they want.
The six-month-old Seattle start-up has just raised $2.6 million in venture capital, which gives …
Getty Images, the large provider stock pictures, has agreed to buy MediaVast, of New York, for $200 million, to expand its archive with MediaVast’s database of photos and video and other services.
The Bloomberg story on the deal is here. …
Fremont Partners, a San Francisco private equity firm focused on mid-sized buyouts, has changed its name to Calera Capital. The change comes as the firm begins to raise its fourth fund, according to PE Week
(First posted 2/22)…
Nuance Communications, the speech-recognition technology company, said it has agreed to acquire BeVocal, of Mountain View, Calif., for $140 million.
The deal allows the Burlington, Mass.-based Nuance, which dominates the speech-recognition market, to extend its reach into mobile calls, where …
See our story here.
(First posted 2/22)…
Revance Therapeutics, a Mountain View biopharmaceutical company developing topical skin aging treatments, has secured almost $4 million in funding through convertible securities, according to a filing with the Securities and Exchange Commission cited by VentureWire (sub required):
Institutional investors listed …
Here’s a story for SF Bay Area folks as you prepare for this weekend:
Down2Night is the latest social-networking site that lets you find out what is going on at bars and restaurants around town. You register, choose your favorite …
Here’s the latest action:
Newsgator looking for cash — Dan Primack points to a list of 23 companies looking for cash, and one of them is Newsgator. The companies presented at the VC in the Rockies conference in Colorado. We …
Just when you thought there were too many lightweight wiki companies around, another one is emerging with momentum.
Pbwiki has raised $2 million more from Mohr Davidow Ventures, a Silicon Valley venture firm, as has been reported elsewhere.
Wikis are …
YouTube will start filtering videos and other content in order to stop pirated material from being posted to it site, reports the Mercury News’ Elise Ackerman.
The news is significant because the entire music and video industry has been up …
Aggregate Knowledge, the company that tracks Internet user surfing patterns within a site, has become one of the hotter start-ups in Silicon Valley.
It is about to raise $20 million, and rumors are circulating that interest by venture capitalists is …
It sucks when your Web site’s traffic isn’t being measured correctly.
It also sucks when you’re trying to measure the significance of someone else’s site, and are getting conflicting signals.
Here’s what we’ve learned over the past few days, after …
Visit the venture capitalists on Sand Hill Road, and you’ll sense significant confusion about how to invest in the latest Internet technologies.
The old guard can’t keep up. Young, smart engineers are proposing ways to exploit the paradigm shift of …
The Google-Microsoft showdown begins in earnest.
Google will announce today it will begin selling online office software for $50 a year, including 10 gigabytes of email storage, word processing, spreadsheets and calendar.
The move comes just as Microsoft is trying …
After weeks of negotiations over who could use the “iPhone” trademark, Apple and Cisco have agreed to share it.
Cisco gave up its claim to exclusive use of the name, but in return won commitment from Apple to allow Cisco …
