Tejas Networks raises $24M more for optical transport

Tejas Networks India, a Bangalore vendor of optical transport equipment that says it has a 20 percent market share in India, has raised $24 million more from Goldman Sachs’s venture capital arm.

It is the company’s fifth round of capital, raising the total to $73 million… Continue Reading

Venture firms making a difference in India

Venture firms making a difference in India

Venture capital firms are pumping more money into Indian companies, and a new study confirms those companies are growing faster than other companies.

Meanwhile, Silicon Valley’s Mayfield Fund becomes the latest firm to start investing there, announcing today it has joined a $20 million round of… Continue Reading

Stumble Video, Seven, Panama, Skype 3.0, Venice Project & more

Stumble Video, Seven, Panama, Skype 3.0, Venice Project & more

Here’s the latest round-up of Silicon Valley tech news:

Video launch of the day: Stumble Video — StumbleUpon, the site that lets you “stumble upon” other sites by offering up recommendations based on your perceived interests, has reportedly seen a spike in popularity. So it has launched… Continue Reading