Wix lands $3.5M to give amateurs the power of flash
Flash website builder Wix has brought in $3.5 million in second-round funding from Mangrove Venture Capital and Bessemer Venture Partners. The Israeli company has raised about $8.5 total since its founding in 2006 and hopes to continue developing its drag-and-drop tool that allows even novice… Continue Reading
MashLogic adds links to ‘take back the web’
Updated
A new browser plugin called MashLogic launched in invite-only testing today, and it has a pretty lofty goal — in the words of David Cowan of Bessemer Venture Partners — which incubated the company — MashLogic is “a startup to save the web.” More concretely,… Continue Reading
Altair Semiconductor raises $22 million for cell phone WiMax processors
Altair Semiconductor has raised $22 million in a third round of funding for its cell phone chips. The chips can process so-called 4G wireless technologies, such as WiMax, which brings both voice reception and high-speed Internet data connectivity to cell phones. The chips can also… Continue Reading
Tilera launches new generation of multicore embedded chips for communications
It isn’t easy to establish a custom chip architecture these days. But Tilera has managed to do that in the past year and now it is moving on to its second generation of products.
Today, San Jose, Calif.-based Tilera is launching two models of its new… Continue Reading
PowerGenix gets $30M for electric scooter batteries
Alt-chemistry battery maker PowerGenix has significantly upped its funding with a $30 million fourth round. The company plans to make batteries for electric vehicles, power tools, electronics and other applications.
One of PowerGenix’s most ambitious plans is to crack into the market for electric scooters, which… Continue Reading
Siano raises $17.5M for mobile TV chips
Mobile TV chip maker Siano has raised $17.5 million in a third round of funding. The financing was led by DFJ Tamir Fishman Ventures (the Israeli partner of Draper Fisher Jurvetson), with existing investors Jerusalem Venture Partners, Star Ventures, Walden Israel, Bessemer Venture Partners and… Continue Reading
Dayak raises $1M for recruiting marketplace
Dayak, a site that connects employers with recruiters, has raised $1 million in additional funding, according to VentureWire. That’s in addition to the $1.15 million that Dayak previously raised for its first round. New investors NextStage Capital and Bessemer Venture Partners led the funding, with… Continue Reading
Roundup: Executives leave, hackers move in, robots invade
Microsoft’s Kevin Johnson moves to Juniper Networks — Microsoft’s lead on the failed Yahoo acquisition has called it quits, heading for the top post at software and device firm Juniper Networks. Johnson was the president of Platforms and Services, which meant he oversaw most of Microsoft’s… Continue Reading
ArcelorMittal launches cleantech and carbon funds
ArcelorMittal, the world’s largest steel manufacturer, has announced the creation of two new funds: a cleantech venture capital fund which will initially invest $20 million in Miasole and a €100 million ($157 million) carbon fund.
The Luxembourg-based multinational will work with several leading VC firms, including… Continue Reading
Investors flock to Flock with a new $15 million round
Social web browser Flock has garnered a lot of hype since its release in 2005. It’s also won a lot of fans. Both likely played a role in its new $15 million fourth round of funding announced today. The round was led by Fidelity Ventures,… Continue Reading
Roundup: Mashups at Web 2.0, Linden Lab gets new executive and more
Here’s the latest action:
Mashup companies take over Web 2.0 — InfoWorld profiles three companies making announcements at this week’s conference: Serena, which is launching an online marketplace for business mashups; JackBe, which has a new version of its enterprise mashup platform; and Kapow, which provides… Continue Reading
Sony buys music data service Gracenote for $260 million
Sony has bought Gracenote, an Emeryville, Calif.-based company that among other things owns the database of albums, artist names and song titles used to identify music in digital media services like Apple’s iTunes.
The sale price is $260 million plus other compensation based on future… Continue Reading
OLX, a competitor to classifieds site Craigslist, raises $13M
OLX, a company competing with classifieds site Craigslist, but more popular outside of the U.S. than it is here, has raised $13 million in a second round of financing.
The company, based in New York and Buenos Aires, is like Craigslist in that it focuses on… Continue Reading
Storwize takes $19M for data compression
Storwize, a San Jose, Calif. company that makes data compression products for enterprise use, has taken a $19 million third round of funding led by Sequoia Capital, and joined by previous investors Bessemer Venture Partners and Lehman Brothers Venture Partners.
Storwize’s product reduces the volume of… Continue Reading
Online publisher Ziff Davis Enterprise raises $20 million from Bessemer
Ziff Davis Enterprise, a publisher of technology business news sites like eWeek and CIOInsight.com as well as other resources for IT departments and software developers, has raised $20 million from Bessemer Venture Partners.
The company, which was bought by private equity firm Insight Venture Partners last… Continue Reading
LiveUniverse rumored to purchase video site Revver
Online entertainment network LiveUniverse has purchased struggling video site Revver, according to NewTeeVee.
The purchase price was substantially more than the $500,000 to $1.5 million Revver was supposedly asking for, says NewTeeVee’s unnamed source, but it was also under $5 million. Revver’s staff will continue to… Continue Reading
Bessemer invests in $40M round for Russian WiMAX operator Enforta
Enforta is a Russian company with plans to roll out WiMAX and other broadband technologies to 65 cities in its home country by the end of this year.
The company is already well established, with internet and telephone services active in 25 cities. The investment will… Continue Reading
Life sciences briefing: Thursday, Jan. 3, 2008
TODAY’S HEADLINES:
Gelesis draws in $16M for obesity treatments (release)
Tempo Pharma raises $8B for nanoparticle drugs (release)
Calistoga Pharma receives additional $5M for cancer and inflammation drugs (release)
Montreux Equity Partners closes $250M life-sciences fund (release)
MTS Health Partners names Andrew Weisenfeld, Mark Epstein managing directors (release)
T2 Biosystems names… Continue Reading
Roundup: “Bubble video” taken down, but singer gets $3M, Bahu, RivalMap, more
Here’s the latest action:
1. Bubble Video singer gets $3M
2. Bahu, a social network for European high schoolers
3. Vinod Khosla upset with California regulations
4. Technorati revises its front page yet again
5. Smilebox, a software download for sharing photos, videos and other media, raises $7 million
6. Microsoft… Continue Reading
Yodle raises $12M for pay-per-call ad service for small businesses
Yodle, a New York company that seeks to help small businesses buy online ads to market themselves — as an alternative to Yellow Pages — has raised $12 million more in a second round of capital.
The company hires sales teams to call small businesses in… Continue Reading