Narus beefs up network security with $8.7M
Narus, provider of intelligence software to monitor network traffic and boost cyber security, has raised $8.7 million in a recapitalization round from American Capital, Mayfield Fund, NeoCarta Ventures, Panorama Capital and Walden International. The Sunnyvale, Calif., company has previously raised $90 million over five rounds of funding, reports VentureWire.
Narus says it will use the new financing to add to its sales headcount to keep up with steadily growing demand. With more enterprises relying on networking… Continue Reading
Roundup: Obama’s big Bay Area night, Xbox 360 sells out in Japan, Hulu going international and more
Here’s the latest action:
Obama Bay Area event sets fund-raising record — Democratic Presidential candidate Barack Obama visited the Bay Area and racked up $7.8 million in fund-raising, a record for a single event, according to Draper Fisher Jurvestson’s Steve Jurvetson, who, with his wife Karla Jurvetson, donated in $9,200.
Xbox 360 sells out in Japan — The Microsoft gaming console has never been able to gain a strong foothold in the country which prefers its own Nintendo Wii… Continue Reading
Roundup: Search-within-search causes angst, secretive Modu raises $100M, Sun tries optical photonics & more
Here’s the latest action:
Google’s search-within-search bugs some publishers — Apparently some folks such as the Washington Post aren’t looking too kindly on a feature Google added earlier this month, which lets people search within publications like the Post directly from Google. The feature lets you search for a publication on Google, for instance the Post or other sites like Wikipedia, The New York Times, and Wal-Mart, and then gives you a secondary search bar to search… Continue Reading
HomeAway raises $160 for online vacation rentals — largest Internet funding this year
HomeAway, the world’s leader in online vacation rentals, said it has secured $160 million in debt and equity financing to expand globally — including buying the U.S. “rent-by-owner” vacation rental website, VRBO.com (Vacation Rentals by Owner).
This is a huge amount of money, which suggests it wants to go public. The Austin, Texas company’s announcement is here.
This funding represents the largest financing of an Internet software and services company in the U.S. in 2006, the company… Continue Reading