DisplayLink raises $8M for network display chips

DisplayLink, maker of semiconductors that allow computers to connect to more than one monitor through USBs, has brought in $8 million in a fourth round of venture funding, according to an SEC filing. The Palo Alto, Calif. company did not list investors in the recent round, though it previously received financing from Atlas Venture, Balderton Capital, DAG Ventures and DFJ Esprit. It has raised $51 million to date.

GreenRoad raises $15M for safe driving technology

GreenRoad, maker of equipment and software that reinforces safe driving habits, has brought in $15 million in a fourth round of funding to build its customer base and attract partnerships with technology and insurance companies. DAG Ventures led the round, which also included Amadeus Capital, Balderton Capital, Benchmark Capital and Virgin Green Fund.

Based in Redwood Shores, Calif., the company makes a device that you place in a car. It monitors 120 factors like speed, acceleration,… Continue Reading

Talend scores $12M for open-source data integration

Talend, maker of open-source data integration software, announced that it brought in $12 million in a third round of funding from Balderton Capital and AGF Private Equity to continue to scale its market presence around the world, especially in Latin America, Europe, the Middle East, Africa and the South Pacific region.

The Los Altos, Calif. company says its flagship product, Talend Open Studio, has a client base of 400 and is already used by big-name paying… Continue Reading

Roundup: Balderton’s new fund, Google’s “environmental impact” and more

Roundup: Balderton’s new fund, Google’s “environmental impact” and more

Here’s the latest action:

Balderton Capital raises $430 million fund to take advantage of downturn — The London-based firm tells the Financial Times that “[p]art of the reason for raising this fund now is to take advantage of the opportunities that this stage of the cycle throws up.”

Delicious creator Joshua Schachter joins Google — Yahoo bought his social bookmarking service, Delicious, in 2005 — but he left in June, citing issues getting anything done at the company. Now… Continue Reading

Daylife infuses news portals with Select tool

Daylife infuses news portals with Select tool

Website content provider Daylife announced today that it will launch a new service called Daylife Select that will let online publishers create their own customizable portals leading to a vast array of web content. For example, publishers can choose to aggregate YouTube videos, Flickr photos, Wikipedia entries, etc. on their own websites.

Daylife compiles a database of millions of constantly-updated websites tagged by keywords. The advantage of DayLife Select is that publishers don’t need any coding… Continue Reading

MBA Polymers raises $40M for recycling plants

Some plastics, like high grade steel or aluminum, are just too good to toss in the dump. But for years that has happened to them anyway, for lack of good recycling technology.

MBA Polymers was started to separate out worthwhile plastics from waste streams to break down and re-form into new, high-quality plastics. The company just took funding to build new recycling plants, according to VentureWire.

Although based in Richmond, Calif., MBA has plans to build its… Continue Reading

GreenRoad Technologies raises $3M for fuel economy and driver safety technology

GreenRoad Technologies, a Redwood Shores, Calif.-based firm with offices in Israel and London, has added another $3 million in funding to its $14.5 million third round, courtesy of Amadeus Capital Partners. The European VC joins previous investors Virgin Green Fund, Benchmark Capital and Balderton Capital.

The company, which provides in-vehicle sensors and web-based services aimed at reducing crashes and improving fuel economy, will use the proceeds to expand its sales and marketing operations and R&D efforts…. Continue Reading

Roundup: Rumor mill churns on Plaxo, Bebo, Google Phone, and more

Roundup: Rumor mill churns on Plaxo, Bebo, Google Phone, and more

1. Google buying contact organizer Plaxo?
2. Bebo raising new round of capital at $1B+ value?
3. Facebook en espanol
4. Chip maker to show off Google phone Monday
5. Surprise! Record industry wants filtering on your PC
6. Apple splashing production orders due to low demand
7. U. of Wisconsin sues Intel for Core 2 Duo infringement
8. BBC to launch download of iPlayer sometime this year
9. OpenID interesting concept, but will anyone use it?
10. Real Goods Solar files for $57M… Continue Reading

7digital raises $8.5M for digital media sales

7digital is a London-based digital media store which offers music and video downloads to British customers (or anyone else who wants to pay for downloads in pence and pounds).

The company says it has about 1.1 million customers, and over three million downloads available. It also partners with other sites, including Last.fm and Bebo.

The funding round was for £4.25 million, or about $8.45 million at current exchange rates. Sutton Place Managers led the round, with participation… Continue Reading

GreenRoad, for driver safety tech, raises $14.5M

GreenRoad Technologies is a Redwood Shores, Calif. company that installs accelerometers in cars to sense when their drivers are behaving unsafely.

We covered the company last year during its launch in September, when it also moved from its homebase in Israel. Its competitors include DriveCam and SmartDrive, which both use more expensive technology based around video cameras.

A new investor, Virgin Green Fund, co-led the $14.5 million investment with Benchmark Capital and participation from Balderton Capital. The… Continue Reading

DisplayLink, raises $24M for chips to connect displays via USB

DisplayLink, a Palo Alto, Calif. company that makes chips to allow connections between computers and other visual display devices using USB, has raised $24 million in a third round of financing.

The funding comes from DAG Ventures, and included investors Atlas Venture, Balderton Capital and DFJ Esprit.The company has raised a total of $51 million of capital.

DisplayLink develops semiconductor and software to connect devices like monitors, PCs, projectors and other accessories.
Customers include I-O Data, IOGEAR, Kensington… Continue Reading

Roundup: Google’s Postini, Media world on fire, Meet-Me, and more

Roundup: Google’s Postini, Media world on fire, Meet-Me, and more

Here’s a summary of the latest action:

1) Google integrates Postini
2) Record M&A in media industry
3) Japanese virtual world Meet-Me
4) Ballmer says Facebook a fad
5) Boing Boing TV
6) Utility computing and video delivery start-ups continue to get funding

Google integrates Postini – Nearly three months after buying Postini for $625 million, Google has integrated the company’s security features into Gmail and is offering them to businesses. Its intention is to challenge Microsoft and other software companies that sell… Continue Reading

TVtrip.com, offers detailed hotel search, raises $4.8 million

TVtrip.com, offers detailed hotel search, raises $4.8 million

TVtrip.com, a website providing detailed information about hotels, has raised €3.5 million ($4.8 million) in a first round of financing.

The site caters only to European hotels for now. It offers a search engine for hotels; then, for each listing, if offers videos of rooms, ratings, a summary of amenities and maps of surrounding areas.

This service is so obviously useful, as we noted when it launched last month. Finding decent hotel rooms can be a painful… Continue Reading

AdJug raises “multi” millions of dollars for online ad service

AdJug.com, a London start-up that hooks up advertisers and publishers at an online marketplace, said it launched today with several millions of dollars of funding from Balderton Capital.

Financing also came from Espotting founder Seb Bishop.

The Company will initially focus on the UK market but plans expand into Europe.

It is just the latest of several such advertising marketplaces seeking to create more transparency than publishers can get through other avenues.

According to the statement:

AdJug provides its… Continue Reading

Wonga, the fastest personal loan you can get

Wonga, the fastest personal loan you can get

It’s a week until payday at your job, the rent and bills are due, and you don’t have the cash. What do you do? Wonga, which has just raised $6 million from Balderton Capital, wants you to come to them .

Based in the UK, Wonga has yet to launch. But when it does, it will offer nearly instantaneous loans ranging from £200-1000 (about $400-2000). The time between application and deposit is around 20 minutes, which… Continue Reading

Daylife, a way for publishers to increase news offerings, raises $8.3M

Daylife, a company that helps publishers find ways to add other content to their Web sites, has raised an $8.3 million round of funding.

The round was led by Balderton Capital, formerly Benchmark Capital Europe, and included venture firm Arts Alliance, the company said in a statement.

The Daylife technology searches for relationships between news, newsmakers, timelines, photos, trends and more, and offers relevant news up for a site’s readers.

It said customers include Huffington Post,… Continue Reading

Benchmark Europe declares independence; now “Balderton Capital”

Benchmark Europe declares independence; now “Balderton Capital”

updated

Benchmark Europe, one of Europe’s largest venture capital firms, has split from its U.S. counterpart, and changed its name to Balderton Capital.

The move is significant because it shows the European outpost of the U.S. firm has become successful enough to do business under its own name. Benchmark Europe raised a $500 million fund in December, is one of the largest VC firms on the continent and is starting to see its first returns: One of… Continue Reading