$40M rains on Novariant to grow agricultural GPS systems
Novariant, developer of GPS and other location-based systems used to drive agricultural equipment hands-free, took in $40 million in a fourth round of funding led by Investor Growth Capital. The Fremont, Calif.-based company will use the new money to scale operations.
Its flagship AutoFarm line of… Continue Reading
Achronix nabs $43M for gate array technology
Achronix Semiconductor Corp. recently closed $43 million of a large, still open $52 million second round of financing. Argonaut Private Equity led the tranche, which also included existing investors Battery Ventures, New Science Ventures, Easton Capital Investment Group and Entrepia Ventures. These contributors helped the… Continue Reading
Cordys grabs $80 million for business process software, backed by controversial Jan Baan
Cordys, a Dutch company that specializes in selling business process management software, has raised $80M in financing in what appears to be the largest single investment in a private company in this area. It is backed by Jan Baan, a controversial entrepreneur who was forced… Continue Reading