Kleiner-backed Xsigo regroups, will raise more money
Xsigo Systems is a secretive Sunnyvale start-up that designs more efficient datacenters, which are the places where companies manage their computer networks.
Xsigo is backed by Silicon Valley venture capital firms Kleiner Perkins and Greylock, and is notable because it is run by a few former top Juniper engineers, including Ashok Krishnamurthi and RK Anand.
We recently got a reader tip that the company was going through a “restructuring,” and that RK had landed back at Juniper…. Continue Reading
Roundup: MobiTV, Loopt, Xuqa, Google embraces TurnHere
The latest tech news in Silicon Valley:
The mobile TV revolution continues, and MobiTV is hot — MobiTV, of Emeryville is one of the start-ups on the forefront. It offers TV programming from networks and cable providers. It started out serving mobile phones. Now it has expanded, first to WiFi, and now with AT&T to anyplace with broadband.
Venture investors like Oak are paying a good price to play. MobiTV raised $70 million in a July third round,… Continue Reading