Online storage fuels demand for storage caches
As more consumers use the Internet for storage, the demand for technologies that make the infrastructure possible is going up. That’s good for Gear6, a Mountain View, Calif., company that makes centralized storage caching equipment.
Gear6 has raised $10 million in second-round financing from Horizon Ventures, US Venture Partners and InterWest Partners.
The company makes a line of CACHEfx caching appliances which are expandable as more storage is added. The equipment is used in data centers as… Continue Reading
Kleer draws $7 million on previous round
Kleer Corp. has drawn down $7 million of its previously announed $13 million second round, PEWeek wire reported. The Cupertino, Calif., company designs chips for wireless audio head sets. Return investors include TL Ventures and U.S. Venture Partners.
The company previously raised $30 million from TL, USVP, NIF Ventures, BDC, and VenGrowth. The company says its chips can send the highest quality digital stereo audio over wireless connections.
Gamook gets funding for casual games
Casual game company Gamook has raised $1.5 million in funding from U.S. Venture Partners, Venture Beat has learned. Rick Lewis of USVP confirmed that his firm invested in the company and that he sits on its board of directors. However, Lewis said the company is in stealth mode and isn’t able to describe its operations yet. Gamook is based in Menlo Park, Calif. The company doesn’t yet have a web site.
Casual games are those that… Continue Reading