Plugg conference finalists to present in Brussels: Discount for our readers
In Brussels on March 12, Plugg, the European startup conference organized by TechCrunch’s Robin Wauters, promises to be an excellent event with a host of knowledgeable speakers and lively competition.
Wauters has extended a 15 percent discount off the €450 registration price. Simply head on over… Continue Reading
CloudSwitch secures $7.4M for stealthy cloud software
CloudSwitch, a Waltham, Mass. company that creates cloud management software, just brought in $7.4 million in first-round funding to continue development on several stealthy projects. Little is known about what may distinguish its products from those offered by similar cloud firms RightScale, Hyperic and Amazon… Continue Reading
Xelerated raises $13 million for fast networking chips
Xelerated, a maker of networking chip sets for carriers, has raised a $13 million round from its existing investors.
Sixth Swedish National Pension Fund led the round. Others included Accel Partners, Alta Partners, Amadeus Capital Partners and Atlas Ventures.
The company said in a news release that… Continue Reading
Big companies line up to invest in cellulosic — Mascoma is latest beneficiary, gets $81M
With oil past $120 a barrel and possibly headed to $200, cellulosic ethanol companies are looking like a smarter investment choice every day. Following the increase of Range Fuels’ second funding to $166 million, its competitor Mascoma has pulled the wraps off an $81 million… Continue Reading
Mascoma takes on $50 million more for cellulosic ethanol
Mascoma, an East Coast biofuel startup with a multi-pronged approach to commercializing cellulosic ethanol, has just become one of the most heavily funded companies of its kind with a $50 million funding reported by peHUB.
Based in Cambridge, Mass., Mascoma is in the process of building… Continue Reading
Lilliputian Systems, a fuel-cell maker, adds on $20M
As the name implies, Lilliputian Systems is developing tiny fuel cells that the company says will be usable in consumer electronics like cell phones and laptop computers.
Although secretive, the company has made claims that its butane-fueled cells will be far cheaper, and run for much… Continue Reading
Songbird, a browser-integrated media player, received $8M last year
Although we reported in October 2006 that Songbird had taken $1 million from Atlas Ventures and Sequoia Capital, it apparently only took another two months for the company to land another $8 million.
The funding in December 2006 came from the same two funds, according to… Continue Reading
Video site Dailymotion raises $34M to grab lead in Europe
Dailymotion, a Paris, France-based video-sharing site that’s a distant competitor to YouTube, has raised $34 million in funding, according to the Wall Street Journal.
The site, like many others, lets you share personal videos privately with friends or publicly with anyone. Like its competitors, people can… Continue Reading
Arca Discovery raises $18M for cardiovascular drug
Arca Discovery, a Denver developer of a next-generation beta blocker for heart failure, raised $18 million in a second funding round. (The release is out, but not yet available on the Web.) The round was led by Skyline Ventures and joined by Interwest Partners, Atlas… Continue Reading
Xelerated raises $23M for network processor
Xelerated, a Santa Clara, Calif. company that makes a high-speed processor for corporate and metro networks, said it has raised a $23 million round of financing.
The round was led by the Sixth Swedish National Pension Fund (the Sixth AP Fund), and included existing investors Atlas… Continue Reading
Music player Songbird gets $1M, releases cross-platform version
Songbird, the San Francisco start-up that has made a smart music player that searches and plays music on your desktop and on the Web, has raised about $1 million from Atlas Ventures and big name venture capital firm, Sequoia Capital.
It will soon unveil its second… Continue Reading