Causata takes $4.5M to help companies customize their offerings in real time
Causata, maker of software that allows companies to tightly customize their offerings for their individual customers, has raised $4.5 million in first-round venture funding from Accel Partners. It used the money, closed back in April, to launch its website and lead product: a platform that… Continue Reading
Get ready for femtocells: Ubiquisys raises $11 M
If you’ve used an iPhone, you’ll know how frustratingly spotty its wireless coverage can be.
Fact is, wireless carriers such as AT&T (which serves the iPhone) are desperately searching for ways to unload the huge amount of traffic that are hitting their networks from iPhone and… Continue Reading
SunRun takes $18M, advice from Accel to make solar consumer-friendly
SunRun, a company that sells rooftop-generated solar power to residential consumers for flat monthly fees (and a one-time startup cost), announced today that it raised $18 million in a second round of funding to market its services even more broadly.
Backed primarily by Accel Partners, SunRun… Continue Reading
Report: Yahoo acquires Xoopit; will Yahoo Mail get even more social?
Yahoo is about to acquire Xoopit, a startup that brings social tools into email programs like Yahoo Mail and Gmail, for $20 million, according to multiple press reports.
The Wall Street Journal and BoomTown (both owned by Dow Jones, incidentally) have reported on the deal —… Continue Reading
Aptana scores $7.8M for open source web building tools
Aptana, maker of open-source software used to build, implement and manage web sites and applications, has raised $7.8 million in a second round of funding to scale its virtual environment offering, Aptana Cloud — a free service that allows users to deploy and manage their… Continue Reading
YuMe takes $2.9M for broadband video ads
YuMe, an advertising network specializing in broadband video, has brought in $2.9 million of a $4.5 million round of equity. In the past, it raised about $16 million in capital from Accel Partners, BV Capital, DAG Ventures and Khosla Ventures, reports VentureWire. It is very… Continue Reading
Navify lets you see what Wikipedians are reading
Wikipedia is all about words words words. The big arguments at the user-edited encyclopedia are always about the wording of articles — and even a casual user can see that the articles emphasize written over audio or visual content. For those who think that’s a… Continue Reading
Integral Development raises $11M for electronic foreign exchange trades
Integral Development, provider of a software platform that connects global financial institutions for electronic foreign exchange trading, just raised $11 million in a round of capital provided in part by Adams Street Partners. The system allows individual investors to make their own trusted trades or… Continue Reading
Cloudera raises $6M more for serious data processing
Cloudera, a startup that helps companies process large amounts of data using an open source platform called Hadoop, has raised $6 million in a second round of funding.
The San Francisco company has an impressive founding team, including high-level folks from Facebook, Google, and Yahoo. Previous… Continue Reading
Peer-to-peer lending site Prosper gets second wind in California
For the last six months, peer-to-peer lending service Prosper has suspended transactions while it waits for the Securities and Exchange Commission to approve its new system for online lending. But now, with the blessing of the California Department of Corporations, the company has legally resumed… Continue Reading
European cleantech feels the pinch — looks to distinguish itself from U.S.
European cleantech is finally feeling the funding crunch. Market analysts at the Cleantech Group released a report today showing that investment in the sector during the first quarter fell to $281 million, an 11 percent drop from the previous quarter and a 31 percent drop… Continue Reading
Facebook’s fbFund incubator program looks to cash in on the site’s growth
This year, Facebook and two of its venture investors, Accel Partners and the Founders Fund, are changing up their fbFund incubator-style program from handing out grants to making equity investments. Venture capitalists aren’t generally known as purely altruistic, so the switch suggests these two firms… Continue Reading
Accel Partner’s Jim Breyer joins Dell board, brings internet connections
Accel Partners invests in areas like social networks, technology-driven media and advertising companies, mobile services and online storage outfits — so why would Jim Breyer, one of the firm’s better-known partners, be joining the board of PC maker Dell? He’s on the boards of ten… Continue Reading
Ad network Collective Media raises $20M more, targets the big three
Collective Media, an ad network you probably haven’t heard of, has been slowly rising through the ranks of ad networks. It is the 19th largest ad network, according to the most recent Comscore data (February), up from 21st last year.
It has just raised $20 million… Continue Reading
Yet another Googler leaves: Singh Cassidy joins Accel Partners
The exodus from Google continues at a torrid pace.
Sukhinder Singh Cassidy, Google’s president for Asia-Pacific (APAC) & Latin American Operations, has left the company to join Accel Partners, the Silicon Valley venture capital firm that has backed companies from Facebook to Glam, Macromedia and MetroPCS.
This… Continue Reading
Digital storage provider Omneon calls off IPO
Omneon, the Sunnyvale, Calif.-based provider of digital content storage and data processing services for media companies, announced that it has canceled its $115 million filing to go public due to poor market conditions. Its application had been in the hopper since December 2006.
The company has… Continue Reading
Transera raises $17M for on-demand call center technology
Transera, provider of software that lets its clients set up cost-effective call centers with agents (in-house or outsourced) all over the world, announced that it brought in $17 million in a fourth round of funding from Accel Partners, Apax Partners, Lighthouse Capital Partners and Storm… Continue Reading
Cloudera closes $5M to deliver data mining software
Cloudera, the Burlingame, Calif.-based distributor of open-source data processing engine Hadoop, brought in $5 million in first-round funding led by Accel Partners. Founded just last year by executives and data managers at Facebook, Google, Oracle and Yahoo, the company works to adapt the Hadoop system… Continue Reading
Jasper Design connects $7M for circuit verification software
Jasper Design Automation just raised $7 million in fourth round funding from ZenShin Capital, Cambrian Ventures, Foundation Capital and Accel Partners, reports VentureWire. The Mountain View, Calif. company makes software that allows chip designers to check that new features or changes they introduce don’t interfere… Continue Reading
Diddit launches surprisingly addictive activity guide
The development team behind search company Inktomi is launching a new service tonight called Diddit, which functions as both an activity guide and a way to share stories and accomplishments.
Diddit is a bit like business-rating services such as Yelp and Citysearch, but with a broader… Continue Reading