Jobvite takes $8.2M to expand recruiting on social networks
Jobvite, provider of software that helps companies recruit hires via popular social networks, has raised $8.25 million in a second round of funding to continue product development. Based in San Francisco, the company helps its clients create job posts on sites like Facebook, LinkedIn and Twitter, shuttle applicants through interviews and offers, and even leverage their current employees’ social graphs to find the best candidates.
Operating on the theory that employee referrals usually make the best… Continue Reading
Shocking Technologies raises $10 million in second round
San Jose-based Shocking Technologies Inc., which builds materials for preventing electrostatic discharge from cellphones and electronics, raised $10 million in a second round of funding today.
The round was led by Vista Ventures and had participation from ARCH Venture Partners, ATA Ventures, Balch Hill Partners and other private investors. The company raised $4 million in January last year and $7 million in August 2007.
Simon Michael joins the board from Balch Hill Partners.
Matchmaker application Zoosk catches $6M
Zoosk, provider of a social network application for dating, has brought in $6 million in a third round of preferred stock. Based in San Francisco, it previously raised $4.1 million last year at this time from Canaan Partners, ATA Ventures and Amidzad Partners.
Disclosure: VentureBeat has also received funding from Amidzad.
Plug and Play startup incubator eyes $20M for seed fund
The Plug and Play Tech Center, a Palo Alto, Calif., accelerator program that provides office space, mentorship and a fundraising springboard for about 200 startups in the Silicon Valley, says it plans to raise $20 million for its own seed investment fund, to be called Plug and Play LLC. And it’s looking to its partners and several other capital firms — Draper Fisher Jurvetson and Sequoia Capital among them — to make it happen.
It seems… Continue Reading
Lavante racks up $5M for vendor communication services
Lavante, a company that automates communication between vendors and major companies to prevent transaction errors and losses, has taken in $5 million in second-round funding from Venrock and ATA Ventures. Based in San Jose, Calif., the firm, previously known as AuditSolutions, plans to use the new money for continued product development.
It claims its software can help Fortune 1000 companies recover three times as much cash as they can using manual or other auditing options. The… Continue Reading
FastScale secures $5.5M for cloud management
FastScale Technology, a provider of tools for managing virtual computing environments and data centers, has raised $5.5 million in a second round of funding from ATA Ventures, Leapfrog Ventures, Hunt Ventures and an undisclosed corporate investor.
Based in Santa Clara, Calif., the company’s flagship software, FastScale Composer Suite, makes it easier for companies to flexibly respond to changing data and volume requirements by adding or subtracting virtual servers from its system. It also reduces the amount… Continue Reading
Actelis scores $4.7M for copper-wire ethernet
Actelis Networks, maker of equipment that lets ethernet run over copper wires, tacked $4.7 million more onto its previously raised $15 million sixth round of funding, reports VentureWire. With fiber optics becoming too pricey for many businesses, copper has become a popular alternative.
The Fremont, Calif.-based company says that of its 150 clients most are telecommunications companies. But it has recently caught business from several California cities (including Sacramento) that want to use copper ethernet for… Continue Reading
Trilibis raises $5.7M to support more mobile apps
Phone application publisher Trilibis Mobile announced that it just brought in $5.7 million in second-round funding to enhance its current platform. Altos Ventures led the round, followed by ATA Ventures and several individual contributors.
The San Mateo, Calif.-based company provides a platform called SmartPath that allows businesses to customize, distribute and update a range of mobile applications tailored to their needs. The money will go toward developing a new and improved version of SmartPath capable of… Continue Reading
YottaMark: Worrying about your tomatoes so you don’t have to
I remember a care-free time when salmonella and E. Coli were confined to rotten eggs, bad meat and the occasional unfortunate fast-food chain. That age of innocence has passed. Now dangerous bacteria could be everywhere, not only in your beef but in your packaged spinach, your green onions — even that innocent-looking jalapeno you’re about to eat. But YottaMark, a Redwood City, Calif. company, has just raised a $10 million second round of funding to… Continue Reading
Dating site Zoosk raises $4.1M
Social network dating application Zoosk has raised $4.1 million from Canaan Partners, with participation from existing investors Amidzad Ventures and ATA Ventures.
The San Francisco company claims it has more than 400,000 daily unique visitors across its applications on Facebook, MySpace and Bebo, and is growing up to seven percent a week. It competes most directly with other social network dating applications like Frengo’s Flirtable. Press release with more details here.
Disclosure: VentureBeat has also received… Continue Reading
Actelis adds on $15M for copper-based broadband service
Actelis Networks, a Fremont, Calif.-based ethernet company that enables high speed transfers over existing copper-based wire infrastructure, has raised $15 million in a sixth financing round, according to Globes.
The company, which has its R&D center in Israel, maintains a worldwide sales network and has a number of international partners, although it has also gained deployments in both rural and metropolitan areas of the United States.
The $15 million funding was provided by ATA Ventures, The Carlyle… Continue Reading
EoPlex Technologies piles on another $4M for advanced cell phone antennas
Redwood City, Calif.-based EoPlex Technologies, an advanced materials firm that builds small devices to generate and manage energy for various manufacturing components, has tacked on another $4 million to its third funding round — bringing the total to $12 million. ATA Ventures once again led the extra financing and was backed by fellow VCs Draper Fisher Jurvetson, Labrador Ventures and Draper Richards.
The additional funds will be used to pay for the construction of a new… Continue Reading
Updated: Altierre lets retailers change prices on the fly
Retailers are still in the dark ages when it comes to changing prices on items on store shelves. San Jose, Calif.-based Altierre allows them to join the 21st century by enabling retailers to change store-aisle prices on the fly.
The company sells product shelves lined with RFID (radio frequency identification) tags with liquid crystal displays. Store owners can use it to make pricing changes in just one store, regionally, or across a whole chain. The company… Continue Reading
Mobile TV chipmaker MediaPhy raises nearly $7 million
MediaPhy is building a chip that can let you watch TV from your mobile phone or any other device. It launched its new chip in September (our coverage), which it has already been testing with various device manufacturers.
San Jose, Calif.-based MediaPhy’s new chip can be used with any device that has an LCD screen and an MPEG decoder. It works across multiple mobile TV standards in different countries and claims to use far less power… Continue Reading
The future of solar is nanotech: Nanogram, Sunflake and other upcoming technologies
With a fresh $32 million funding going to nanotechnoloy firm NanoGram, mainly for development of next-generation solar cells, it’s a good time to point out some up-and-coming technologies that work on very small scales to make photovoltaic cells more efficient.
NanoGram has already had several commercial successes, including inventions in both electronics and medicine. However, the company has of late turned its sights on boosting the efficiency of solar cells.
The company is working on ultra-thin crystalline… Continue Reading
Shocking Technologies raises $4M venture debt for surge protection
Shocking Technologies is a San Jose, Calif. company that has developed a dielectric material that can be printed onto circuit boards and semiconductors to protect them from electrostatic discharges.
Electronic devices have historically been vulnerable to unexpected electrical discharges. The company says its thin polymer could be installed in devices like mobile phones and computers.
The $4 million venture debt financing was provided by Hercules Technology Growth Capital (NASDAQ: HTGC), a publicly-traded investment vehicle. Shocking Technologies previously… Continue Reading
Roundup: Warner CEO changes online music stance, engineers become scarcer, and more
Here’s the latest action:
1) Warner CEO praises Apple, DRM-free music
2) VMWare is after your engineer blood
3) Berners-Lee warns of walled gardens
4) Microsoft completes $47M acquisition
5) Another VC speaks in favor of taxing himself
6) Joost rolls out new ads
7) Billeo raises $7M for easy payment
Warner Music CEO now supporting DRM-free music, iTunes – “We used to think our music was perfect just the way it was … of course, we were wrong,” said Warner Music CEO Edgar… Continue Reading
VMIX, another video software company, raises cash
VMIX, a company that once sought to be YouTube, but which changed direction to provide software to large web properties to share video, has raised $16.5 million in funding.
VMIX joins a host of companies doing much the same thing, including Brightcove, Reality Digital, Vsocial and VideoEgg, to name a few. These all serve third-party sites with video technology.
The San Diego VMIX offers a video player and a content management system that includes social networking features…. Continue Reading
Red Condor raises $7.7M more for anti email spam product
Red Condor, a Rohnert Park, Calif. anti-email spam company, has raised an additional $7.7 million in a first round of funding led by venture capital firms ATA Ventures and RWI Ventures. It included $2 million in debt, from Square 1 Bank.
See the company’s statement here.
The company launched four years ago, but is still not profitable. Red Condor previously raised $2.8 million in the first phase of its first round last year. With so many competitors,… Continue Reading
Adventenna raises $4.46M for satellite antenna start-up
Adventenna, a Santa Clara, Calif. satellite antenna start-up, has raised $4.56 million in a first round of funding, according to a regulatory filing cited by PE Wire. Backers include Sevin Rosen Funds, ATA Ventures, and ORR Partners.
We could not easily locate a Web site for this company