Attune Systems raises $14M for a network file virtualization product

Attune Systems, a Santa Clara start-up offering a way to manage network server files with virtualization technology, said it has received $14 million in a new venture funding round led by RWI Ventures.

The value of the company increased with the latest round, it said.

Also… Continue Reading

Chip design co., Ciranova, raises $4M

Ciranova, a Santa Clara electronic design automation (EDA) start-up, has raised $4 million in a third round of financing.

Its technology uses open standards and focuses on analog and custom integrated circuit design.

Leading the round AsiaTech Management and that firm’s founder, Katherine Jen, will join Ciranova’s… Continue Reading

Amgen to buy inflammation drug co. Avidia for up to $380M

Biotech giant Amgen said it has agreed to buy Mountain View-based Avidia for up to $380 million.

Under the accord, expected to be completed this year, Amgen of Thousand Oaks will pay $290 million in cash and up to $90 million more if Avidia meets certain… Continue Reading

Retrevo offers gadget search engine; raises less than $1M

Retrevo offers gadget search engine; raises less than $1M

There is a rolling thunder of new Silicon Valley Internet start-ups launching on funding of around $1 million or less.

The latest is Retrevo, a Sunnyvale search engine focused on research and other advice on consumer electronics. It has raised less than $1 million from… Continue Reading

Digg woes, Segway’s expansion, Second Life hacked, Chinese grass & more

Digg woes, Segway’s expansion, Second Life hacked, Chinese grass & more

(Update: Corrected name of company acquired by News Corp. It was Newroo)

Roundup of latest Silicon Valley action:

One of Digg’s top diggers, p9, has quit, and Netscape is grinning — When Kevin Rose, founder of the news-ranking site, Digg, said he wanted to make the voting process… Continue Reading