SolarWinds ends the long, IPO-less nightmare for venture-backed companies
SolarWinds, an Austin, Texas-based maker of network management technology, has ended a nine-month stretch where the market saw zero public offerings from venture-backed companies. The company just finished its first day of trading as SWI on the New York Stock Exchange, and while that probably… Continue Reading
Rave Wireless snags $7M to up campus safety
Rave Wireless, developer of mobile applications tailored to university campuses, raked in $7 million in a fourth round of funding to continue work on software to heighten student security. Bain Capital Ventures, Sigma Partners and RRE Ventures contributed to the round.
The Framingham, Mass.-based company already… Continue Reading
Online TV network Blip.tv snags funds, touts growth
Blip.tv, a web television network that hosts shows, series and video blogs, announced today that it raised an undisclosed amount in a second round of financing led by Bain Capital Ventures. It also said it has seen a 250 percent jump in video views over… Continue Reading
When TokBox talks browser-based video chat, Bain Capital and Sequoia listen
In the first years of the 1990s, the attempt to push video chat to the masses got off to an ignoble start when AT&T released its VideoPhone 2500. For the low cost of $1500, you, too, could have choppy, grainy and essentially unwatchable video conversations… Continue Reading
Lala, a used CD trading site, raises $5.7M more
Lala Media, a Palo Alto, Calif. company that lets you trade used CDs for 99 cents, has raised $5.7 million more in a second round of funding, according to a regulatory filing cited by PE Week.
Return backers include Bain Capital Ventures and Ignition Partners…. Continue Reading