Mimosa gulps $1.6M to archive data
Mimosa Systems, a Santa Clara, Calif.-based company that provides software for data archiving, has brought in $1.6 million in debt, rights and securities, according to a filing with the SEC. It is backed by August Capital, Clearstone Venture Partners, Dot Edu Ventures, Focus Ventures, Jafco… Continue Reading
Adchemy raises $31M to increase online ad spending
Adchemy, a marketing firm trying to convince more major brands to advertise online rather than through traditional channels by offering advanced data analysis, has brought in $31 million in venture financing from Accenture, Mayfield Fund and August Capital. Based in Redwood City, the company has… Continue Reading
Aardvark opens to the public, becomes a destination for questions
Aardvark, a social search service, is opening to the public today and turning its homepage into destination for people’s questions.
The company, which started in 2007 and has grown to about 30 employees, offers a way to tap your social network for answers. You e-mail or… Continue Reading
Ubicom snaps up $4.4M for home networking processors
Home and entertainment processor maker Ubicom, known for making silicon chips used in consumer products like wireless routers, has brought in $4.4 million of a targeted $10 million round of preferred and common stock, according to a filing with the SEC. Based in San Jose,… Continue Reading
Bill.com racks up $8.5M to simplify payments
Bill.com, a startup specializing in software for online bill payment and management, added another $8.5 million to its coffers with investments from August Capital and DCM. The round brings total investment to $17 million and puts David Hornik, a partner at August, on Bill.com’s board.
The Palo Alto-based… Continue Reading
Mimosa raises $3M for data archiving
Mimosa Systems, a Santa Clara, Calif.-based company that provides software for data archiving, has brought in $3 million in debt, rights and securities, according to VentureWire. While the investors in the round were not disclosed, the company has received $17 million in a fourth round… Continue Reading
Philanthropic fund of funds Legacy closes $276M
Legacy Venture, the Palo Alto, Calif. firm that holds a portfolio of other investment funds and distributes returns to charities, announced that it closed a new $276 million fund, its fifth, despite adverse economic conditions. Basically, Legacy takes money from limited partners who commit their… Continue Reading
Swoopo raises $10M more for “entertainment shopping”
Swoopo, an online auction site that claims to offer great deals and high entertainment value, has raised $10 million from August Capital.
The company is headquartered in Cupertino, Calif. and has a rather different approach to auctions. Instead of presenting a free-form bidding environment like eBay,… Continue Reading
August Capital may get a bigger chunk of profits on $650M fund
August Capital’s announcement that it raised a $650 million fifth fund may be even more impressive than it initially appeared. PEHub reports that the fund is August’s first to include a 30 percent carried interest structure (the percentage of profits used to pay general partners… Continue Reading
Pixazza nabs $3.1 to turn web images into e-commerce links
Pixazza, a company that lets web publishers turn their images into links where users can buy whatever is pictured, just brought in $3.1 million of an anticipated $5.22 million first round of funding from CMEA Ventures, August Capital and Foundation Capital, reports VentureWire. The Mountain… Continue Reading
MMOG-meets-casual game developer Ohai gets funding
Ohai, a company that is trying to combine casual social gaming (Facebook applications) with massive multi-player online games (World of Warcraft), has raised an undisclosed amount from August Capital and Rustic Canyon Partners.
The San Mateo company isn’t saying much more than that, except that it’s… Continue Reading
Ubicom rakes in $7M for home networking processors
Processor provider Ubicom, known for making silicon chips used in consumer products like wireless routers, announced that it raised $7 million in a fifth round of financing from August Capital, Mayfield Fund, Levensohn Venture Partners, Lehman Brothers Venture Partners and Investcorp Technology Partners. This brings… Continue Reading
OpenLane speeds ahead with $10M
OpenLane, an online auto auction service, has brought in $10 million in eighth-round funding from Meritech Capital Partners, August Capital, RPM Ventures and Zilkha Venture Partners — bringing its total capital raised to $75 million, reports VentureWire.
The new money should come in handy considering the… Continue Reading
Social search startup Mechanical Zoo raises $2M more
The Mechanical Zoo, the Googler-packed social search startup, brought in $2 million in convertible promissory note funding from August Capital, reports PE Wire. The same investment firm provided a $6 million first round of funding at the end of October.
As we reported earlier, the San… Continue Reading
Social search product Aardvark: Yahoo Answers meets Twitter — but better
Public details have been scant about the social search product from The Mechanical Zoo, a company chock full of former Googlers that just announced it raised $6 million from August Capital and Baseline Ventures. But for the last three months, I’ve actually been a beta… Continue Reading
Social search startup The Mechanical Zoo cages $6M
The Mechanical Zoo, a social search startup founded by a team of former Google employees, has raised $6 million in a first round of funding.
Like many other companies, such as Delver and AskMeGo, The Mechanical Zoo says it’s trying to tailor web search results to… Continue Reading
Dotcom crash survivor Openlane, a wholesale auto auction site, returns for $25M funding
Openlane, an Internet company that helps auction off automobiles, is just the latest old “B2B” company starting to thrive after struggling in the wake of the first Internet boom.
The company saw 60 percent growth in revenues last year, for a total of more than $60… Continue Reading
Roundup: Former AOL execs face fraud charges, MetroFi throws in the towel, fingerprinters point fingers, and more
AOL execs add oddly, allege examiners — Eight AOL executives are facing fraud charges at the conclusion of a six-year long investigation by the Securities and Exchange Commission into alleged revenue overstatement of $1 billion during the company’s merger with Time Warner. Four of the… Continue Reading
Planning for IPO, Mimosa raises another $17M for electronic archiving
Corrected
Mimosa Systems, a startup that helps companies archive emails and other files, has raised a $17 million fourth round of funding. Mimosa calls the latest financing a “mezzanine round,” meaning it should be the last round before an IPO.
The kind of comprehensive archiving that Mimosa… Continue Reading
SkyPilot Networks gets $3.4M for municipal WiFi
Municipal WiFi just won’t die. The scheme has failed in city after city, even stumbling in tech-heavy Silicon Valley, yet companies have continued, on and off, to get funding. The latest is SkyPilot Networks, with a comparatively small $3.4 million (compared to its $70+ million… Continue Reading