Vast Systems, provider of design software for cars and consumer electronics, raises $12M

Vast Systems Technology, a provider of software for embedded systems design automation, has closed on $12 million in a fourth round of funding, according to VentureWire (subscription required).

The round was led by ZenShin Capital Partners, and included existing backers Mohr Davidow Ventures, Foundation Capital and… Continue Reading

Experian buys marketing intelligence firm Hitwise

Credit reference and analytics company Experian, of Costa Mesa, Calif., has acquired internet marketing intelligence firm Hitwise, of New York, for about $240 million in cash.

Hitwise collects information about traffic to Web sites, getting it directly from internet service providers, and has done a good… Continue Reading