Nexant, a clean-energy consulting firm, has closed a $43 million round of funding, the company announced today. The round was led by Oak Investment Partners and Intel Capital with participation from TeleSoft and Beacon. The San Francisco-based startup raised the first $32 million of the round in July.
Rocket Fuel, a startup claiming to bring honest-to-God rocket science to the online advertising world, has raised $10 million in its second round of funding.
Life never turns out quite the way you planned. Nor do startups. Two San Francisco-based companies, VideoEgg and Six Apart, are formally announcing tomorrow that they’re forming a new company, Say Media, built around online advertising — a business that doesn’t have much to do with either’s origins.
Google is now on track to acquire a new company every two weeks this year. It’s on quite the shopping spree, but for a company that made $24 billion last year alone, it might be exactly what the doctor ordered to keep up with significant competition in the smartphone and search markets.
Laser Light Engines, which develops super-bright laser-driven light sources for projection devices, announced today that it raised $13 million for development of a 3D-movie light source.
Omidyar Network, the philanthropic investment firm created by eBay founder Pierre Omidyar (pictured) and his wife Pam, plans to spend a sizable chunk of its money over the next three years on government transparency and mobile services.
Aryaka Networks, a provider of a cloud-based service that trims bandwidth usage and latency concerns for large companies, is launching today and has raised $14 million in its first round of funding.
SandForce, a maker of flash memory processors for enterprise data storage, has raised $25 million in a fourth round of funding. The round was led by Canaan Partners with participation from DCM, Storm Ventures, Translink Capital, UMC Capital and chip maker LSI Corporation. Based in Saratoga, Calif., the company plans to use the funding to bring new products to market and increase customer support. Founded in 2006, SandForce last raised $21 million in November 2009.
German startup Chocri has enlisted the backing of major chocolate manufacturer Ritter for its plans to deliver personalized chocolate bars. Carmen Magar, the company’s US chief executive, told me Ritter has invested in the low seven figures (i.e., single-digit millions of dollars) in exchange for a third of the company.
Mail.com Media Company has sold its Mail.com email service.
Apple has reportedly bought Swedish face-recognition firm Polar Rose.
IBM announced this morning that it has entered into an agreement to acquire Netezza, a company that focuses on data warehousing and business analytics, for approximately $1.7 billion.
Seedcamp is most easily described as Europe’s Y Combinator. It provides seed investment of up to €50.000 in exchange for 8 to 10 percent of the startup in question. Seedcamp stages events all over Europe which culminate in 20 or so companies being selected to participate in Seedcamp week in London.
Smartsheet, a company offering spreadsheet-style applications for tasks like project management and billing, has raised $1.5 million in a third round of funding.
BranchOut, a Facebook app for career networking, has raised $6 million in a first round of equity from Accel Partners, according to a filing with the SEC.
Conviva, a company focused on optimizing live video streams online, announced today that it has snagged $15M in funding.
IBM announced today that it has acquired OpenPages, which provides software to help companies isolate and manage enterprise risk elements. The price of the acquisition wasn’t disclosed.
ShopWell, a free Web site that offers personalized nutrition advice, has raised $1.1 million from New Venture Partners and IDEO, according to a filing with the SEC. The Palo Alto-based company, which is a spinout from design firm IDEO, also raised $2.9 million from the same investors in February.
Punchbowl, a site that helps users handle all the specifics of putting together a sweet shindig, has crossed the one-million user mark and has brought on a mastermind of the e-card and party-invite industry.
Japan’s mobile gaming powerhouse DeNA is moving deeper into the U.S. today with the announcement that it has acquired mobile social game developer Gameview for an undisclosed price.
Napster founder Shawn Fanning (pictured right) apparently has another secret startup in the works. An SEC filing reveals that Fanning, along with Voxi founder Joey Liaw, has landed $200,000 in funding for a company called Supyo, TechCrunch reports.
Rich Barton is a wealthy man, having made a well-deserved fortune as the founding CEO of Expedia, the pioneering Internet travel agent. So it’s always been a bit of a mystery why Barton (pictured left) has been working so hard as the CEO of Zillow, the Seattle-based online real-estate price estimator and marketplace.
Nokia’s management house cleaning continues with its announcement today that Chairman Jorma Ollila (pictured right) will be stepping down in 2012, the Wall Street Journal reports.
Cloud computing company Joyent announced today that it has landed $15 million in a third round of funding led by Intel Capital.
Get Satisfaction had already attracted some early-stage investors to back its online customer service tools, but today it announced that it has raised $6 million in its first institutional round of funding.
Tryton Medical, a developer of stent systems, announced today that it has raised $20 million in a fourth round of funding. The round was led by Arnerich Massena, with participation from PTV Sciences, RiverVest Partners and Spray Venture Partners. The company makes stents to treat bifurcated lesions, which are found where one artery branches off from another, and Tryton expects that these stents may come to replace coronary bypass surgery for treatment of coronary artery disease.
MBA Polymers, a company that recovers engineering plastics from products like computers, appliances and cars, has raised $6.6 million of an expected $25 million, according to a filing with the SEC. Honeywell Capital Management and Citi’s Sustainable Development Investments participated along with Less Plastics Limited of Hong Kong and Doughty Hanson Technology and Balderton Capital of London.
Cloud storage solutions provider StorSimple will announce tomorrow that it has raised $13 million in its second round of funding led by Mayfield Fund, an investor in recently acquired 3Par Technology, VentureBeat has learned.
AOL is in final talks to acquire Thing Labs, the creator of Twitter and Facebook management application Brizzly, according to multiple sources who spoke to TechCrunch.
Some companies freeze up when they’re between CEOs. But Hewlett-Packard, the world’s largest tech company by revenues, just keeps rolling along. On Monday, it announced it would buy security software maker ArcSight for $1.5 billion.
Fitbit, creator of a wearable device that tracks your daily activity, has raised $8 million in a second round of funding. True Ventures and Foundry Group participated in the round, according to a filing with the SEC.
Go Daddy has built a name for itself as the place to buy domain names with its risqué Super Bowl ads. But could it land in Jeff Bezos’s shopping cart?
Online video platform Ooyala announced today that it has snagged $22 million in funding from new and existing investors. The round was over-subscribed, and the company expects to land another funding slice within 60 days from over-eager investors.
Expensify, a producer of online software to create expense reports, announced today that it has raised an additional $5.7 million in funding during its second round led by Redpoint Ventures.
Row44, a provider of internet connectivity for flight passengers, announced on Thursday it raised an additional $37 million in its second round of funding led by PAR Capital Management.
Kno, the maker of an upcoming digital textbook tablet, announced today it has secured $46 million as part of an equity and debt round. Marc Andreesen’s Andreesen-Horowitz was the lead in the round, with Silicon Valley Bank and TriplePoint Capital participating.
Intarcia Therapeutics, a biopharma company developing therapies for hepatitis C, type 2 diabetes and obesity, has raised $5 million of an expected $15 million in debt, options, warrants and other securities. New Leaf Venture Partners, Venrock Associates and New Enterprise Associates contributed to the round, according to a filing with the SEC. The company also raised $14.5 million in May from the same investors.
BlackBerry creator Research in Motion has acquired the developer of the Documents To Go app, DataViz, according to a report by AllThingsD, a technology blog published by the Wall Street Journal.