Tyco acquires Vue Technology for $43M
Tyco International subsidiary Sensormatic Electronics Corporation announced today that it bought Vue Technology, Inc., a developer of RFID software, for $43 million.
Sensormatic is known for technology used to prevent inventory loss and improve supply chain efficiency. The acquisition of Lake Forest, Calif.-based Vue is expected… Continue Reading
Dexterra raises $21.5M to expand mobile platform, carrier partnerships
Mobile business software provider Dexterra announced today that it scored $21.5 million in sixth round financing from existing investors led by New Enterprise Associates and including Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This brings the company’s total funding to $106.5… Continue Reading
EBillme raises $12M for online payment
Online payment startup eBillme has raised $12 million more in venture funding. The Delaware, Md.-based company says its payment solution, which competes with services like Paypal and Google Checkout, says it’s superior because payments are bank-to-bank (rather than credit-based) and don’t require the disclosure of… Continue Reading
Vivox scores deals for voice-communication in online games for 38 Studios and Sony
Once considered an afterthought in games, voice communication is becoming a bigger part of the online gaming experience. Now players can use sound strategically in large games known as massively multiplayer online games (MMOs). You can engage in a high-quality group voice chat with a… Continue Reading
Soasta raises $6.4M for cloud-based testing
Mountain View, Calif.-based Soasta, a company that tests applications on cloud networks to iron out problems before users migrate to the cloud, has raised a second funding round of $6.4 million.
Soasta sells its services to other companies, who want to move their data or users… Continue Reading
Sports site The Active Network raises $80 million, for more acquisitions
The Active Network, a company that offers sports community sites like Active.com, has raised an $80 million fifth round of funding, led by existing investor and strategic partner ESPN, with additional funding from venture firms.
The San Diego-based company offers a range of events, marketing and… Continue Reading
The next revolution in advertising? Peer39 thinks it’s semantics
Though still arguably in its juvenile stages, the online advertising market has already been through several major technological shifts, with the introduction of behavioral, contextual and demographic targeting for ads. What’s next has been a subject for debate. Several early pioneers have bet that it’s… Continue Reading
Dating site Zoosk raises $4.1M
Social network dating application Zoosk has raised $4.1 million from Canaan Partners, with participation from existing investors Amidzad Ventures and ATA Ventures.
The San Francisco company claims it has more than 400,000 daily unique visitors across its applications on Facebook, MySpace and Bebo, and is… Continue Reading
SenSage raises $15M for data storage
Data warehousing startup SenSage has raised a $15 million round of funding led by new backer FTVentures.
The San Francisco company performs “log management”; In other words, it collects and stores data about a company’s online and IT activities, and that data can later be used… Continue Reading
Video transmission technology company LiveU raises $9M
LiveU builds video transmission technology that transmits live videos over wireless networks including 3G, Wi-Fi and WiMAX to the internet and television.
The Fair Lawn, New Jersey company has raised $9 million from Canaan Partners and Carmel Ventures.
Prime Sense claims to have the best 3D game controller
A few months ago, VentureBeat editor Matt Marshall highlighted the various players in the gesture recognition technology space, speculating that “one day, very soon, you’ll be able to control an avatar or character on a screen with a mere gesture of your hands or body.”
That… Continue Reading
Life-science briefing: Thursday, April 3, 2008
TODAY’S HEADLINES:
Mirna Thera spins out of Asuragen with $3M (release)
Stroke-therapy startup CoAxia raises $12M (release)
Stealthy device maker Synvascular gets $6.5M (peHUB)
AndroScience seeks $3.5M for anti-testosterone drugs (VentureWire)
Austria’s ProtAffin takes in €1.1M grant (release)
Singapore’s Moleac receives $3.5M for Chinese medicine (release)
Alethia Bio gets C$2.4M for antibody… Continue Reading
Canaan Partners raises large $650M venture fund
updated
Silicon Valley venture firm Canaan Partners has raised its latest venture capital fund, at $650 million — relatively robust when compared to most venture capital firms these days.
The firm said it is focusing on seed and early stage deals, and seeks to target digital media,… Continue Reading
Roundup: McCain and Obama lead in California, AOL acquires buy.at, Blue Frog bankruptcy, and more
Here’s the latest action:
1) Super Tuesday looks good for McCain, Obama in California
Update: But California went to Clinton / McCain
2) AOL acquires affiliate network buy.at
3) Blue Frog Media files for bankruptcy
4) Google Apps adds security from Postini
5) Solar panels that work even when the sun’s… Continue Reading
MotionBox raises $7M for private video-sharing tools
Motionbox, a video-sharing site focused on trusted family use, said it has raised $7 million in a second round of financing.
Motionbox is one of several companies that is turning away from the YouTube model and the public expression that comes with it. It lets you… Continue Reading
Vivox, voice chat for virtual worlds, raises $7.8M
Vivox adds voice chat capabilities to online games and worlds like Second Life, where players otherwise must use text to communicate.
Many players prefer speaking directly to one another, but there are a number of problems that can pop up. Adding voice can slow down online… Continue Reading
PicksPal raises $3M more for fantasy sports betting
PicksPal, a Silicon Valley company (Mountain View, Calif.) that says it is the American Idol for sports, has raised $3 million in a third round of funding including former investors Bay Partners and Canaan Partners.
We wrote about the company here, when it raised $6 million.
Sports… Continue Reading
Natural language advertising coming: Peer39 receives $8.2M
When we broke the news of peer39’s initial $3 million funding in March, we reported that the company was working on a platform to use natural language processing for advertising. Less than six months later, we’ve learned that the startup has taken another $8.2 million.
The… Continue Reading
Active Network raises $65M for sports community site
The Active Network, a San Diego, Calif. sports community site, has raised $65 million in a fifth round of financing, according to PE Hub.
Canaan Partners led the deal, and was joined by fellow return backers like ESPN, ABS Ventures, North Bridge Venture Partners, Comdisco and… Continue Reading
Lending Club raises $10.26 for social lending — joins crowded field
Lending Club, the Sunnyvale, Calif. lending service where people borrow and lend money among each other, bypassing the banks, and theoretically getting better rates, said it has raised $10.26 million in a first round of financing.
Canaan Partners and Norwest Venture Partners made the investment.
The deal… Continue Reading