Delivery Agent snags $24.8M to supply entertainment e-commerce tools
Delivery Agent, a San Francisco-based provider of technology used to set up online stores — only geared toward the entertainment market and web publishers — has raised $24.85 million in a fourth round of funding, according to PE Hub. The company is backed by Bessemer Venture Partners, Cardinal Venture Capital and Worldview Technology Partners. Coral Capital Management joined this group in the latest round — boosting Delivery Agent’s total capital to about $60 million.
The company… Continue Reading
Zoove dials up $5.2M for mobile marketing tricks
Mobile marketing company Zoove has raised $5.2 million of an expected $13.2 million round of equity and securities, according to a regulatory filing. It plans to use the money to continue developing technology to deliver advertising messages via email, text and rich media messages.
Based in Palo Alto, Zoove is known for its StarStar Dialing system, which allows people to get a message from a particular company by dialing short numerical codes. For example, companies using… Continue Reading
Debit card provider Tempo Payments racks up $2.7M
Tempo Payments, a provider of debit cards and related technologies, has brought in $2.7 million of an anticipated $3 million round of equity. Based in San Mateo, Calif., it last raised $5 million in a third round of investment in 2007 from Cardinal Venture Capital, Integral Capital Partners and Selby Venture Partners, according to VentureWire.
Maxim Integrated acquires Mobilygen for video compression
Surveillance semiconductor company Maxim Integrated Products announced that it will buy private video chip maker Mobilygen for an undisclosed amount. The large public company hopes the acquisition will provide it with the compression technology it needs to make analog security cameras compatible with digital streaming, recording and storage systems.
Maxim is particularly interested in Mobilygen’s technology because it is cheaper to use and requires less power to operate than other solutions, executives at the company told… Continue Reading
BlueRoads raises $6M for vendor management
BlueRoads, the maker of software to help businesses manage their vendors and resellers, has raised $6 million in a fifth round of venture funding. The round was led by ZenShin Capital Partners, with participation from ArrowPath Venture Capital, Cardinal Venture Capital and El Dorado Ventures.
The San Mateo, Calif. startup says its software is used by customers like Xerox and NetApp to help them participate in the sales and marketing of their vendors. BlueRoads raised $9… Continue Reading
Location-based software provider deCarta raises $10.5M
Mapping platform maker deCarta has raised $10.5 million of a planned $21 million in a new third round of funding, according to Private Equity HUB. Backers include Norwest Venture Partners, Mobius Venture Capital and Cardinal Venture Capital.
The San Jose startup has created a platform and software that companies can use to integrate mapping, routing and spatial search into their application. DeCarta says its technology has been used by Google, Ask.com, Verizon and Sprint. Last year,… Continue Reading
PlayPhone acquires Pitch Entertainment Group for European mobile expansion
Mobile entertainment provider PlayPhone is announcing today that it has acquired Pitch Entertainment Group as part of its global expansion. The purchase price wasn’t disclosed.
San Jose, Calif.-based PlayPhone aggregates mobile content and offers it directly to consumers, who can download it onto their mobile phones. Pitch Entertainment Group, based in London, does the same thing in the European and Brazilian markets.
PlayPhone specializes in obtaining content from big brands from Disney to Sony. Then it takes… Continue Reading
BlueRoads, provider of online software to manage vendors raises $9M
BlueRoads, a San Mateo, Calif. company that sells online software to large businesses to help manage their resellers and other third-party vendors, has raised $9 million in a third round of funding, according to Tech Confidential.
The funding comes from previous investors ArrowPath Venture Capital, Cardinal Venture Capital and El Dorado Ventures. That brings the total funding raised by the software provider, launched in 2001, to $25 million.
It is another company launched by Shinya Akamine, who… Continue Reading
DeCarta, location-based software provider, raises $15M more
DeCarta, a San Jose, Calif. provider of software for the location-based services industry, has raised $15 million in a “Series C-1″ round of funding.
Norwest Venture Partners led the deal, and was joined by existing backers Mobius Venture Capital and Cardinal Venture Capital. DeCarta has raised over $32 million in funding since 2003.
DeCarta says its geospatial software has served Google, Ask.com, Verizon and Sprint. It says its software lets companies “build applications integrating a wide… Continue Reading
Data protection company Guardian Edge raises $13.5M
GuardianEdge, a San Francisco company offering data protection software for large businesses, has raised $13.5 million in a second round of funding. The investment was led by Cargill Ventures, and first announced in May.
The company says its software is used to ensure compliance with consumer privacy policies and to secure mobile computing. Customers include Lockheed Martin Corporation, Deutsche Bank AG and Humana Inc, it says.
Yesterday, PE Wire said Thomvest Ventures Inc. Altos Ventures and… Continue Reading
Tempo Payments raises $4.8M for retail debit transactions
updated
Tempo Payments, a San Mateo, Calif. interoperable retail payment network that clears PIN debit transactions through the ACH payment system, has raised $4.8 million in a continuation of its second round of funding, according to a regulatory filing cited by PE Wire. Backers include Cardinal Venture Capital, Selby Venture Partners and Household Corporation.
Update: Turns out, PE Wire has made a correction, and that Household did not participate. Integral Capital led the deal, PE Wire’s… Continue Reading
Business performance software co., Adaptive Planning, raises $7.5M
Adaptive Planning, a Mountain View, Calif. company that sells a collaborative business performance management software, has raised $7.5 million in financing.
Cardinal Venture Capital led the round, which included previous investors ONSET Ventures and Monitor Ventures
The company sells its software to small and midsized companies. From the statement:
Adaptive Planning’s third round of financing brings its total outside investment to $19 million. As part of today’s news, the company announced that Eric Dunn, general partner of… Continue Reading