Mimosa raises $3M for data archiving
Mimosa Systems, a Santa Clara, Calif.-based company that provides software for data archiving, has brought in $3 million in debt, rights and securities, according to VentureWire. While the investors in the round were not disclosed, the company has received $17 million in a fourth round… Continue Reading
Kazeon captures $10M for advanced search and discovery
Kazeon Systems, a company that specializes in software used for electronic investigations and discovery of buried network information, just brought in $10 million in sixth-round funding from JK&B Capital, Clearstone Venture Partners, Menlo Ventures and Redpoint Ventures, reports peHub. Based in Mountain View, Calif., the… Continue Reading
Meru snags $30M for virtual wireless service
Meru Networks, provider of a virtual wireless service that departs from typical hub-based service, has raised $30 million in a fifth round of funding. Based in Sunnyvale, Calif., the company says it is able to deliver wireless solutions that are easier for businesses to adopt… Continue Reading
Rubicon Project raises more money, says ad optimization business is looking up
For many young companies in the advertising industry these days, the recent economic downturn is ugly.
But the Rubicon Project, a company that helps take ads from ad networks and place them on publishers’ web sites, says it grew revenue by 150 percent in the… Continue Reading
AOptix nabs $12.9M for eye-recognition
AOptix Technologies, developer of iris-recognition technology and the wireless communication systems it requires, has brought in $12.9 million in a fourth round of funding to build new products. The Campbell, Calif. company says it is in the middle of commercializing its first product, called the… Continue Reading
Apture raises $4.1M for richer news browsing
Apture, a company that helps publishers integrate multimedia content into their browsing experience, has only been getting better since I last covered it in June, having added new features addressing many of my reservations. And now the San Mateo, Calif. startup has raised $4.1 million… Continue Reading
Soonr raises $3M to give mobile access to home computers
Soonr, maker of software that lets people access content on their home computers from their cell phones, just raised $3 million in third-round funding from Cisco Systems, Clearstone Venture Partners, Intel Capital and Sand Hill Capital, reports VentureWire. Last month, it announced the launch of… Continue Reading
$40M rains on Novariant to grow agricultural GPS systems
Novariant, developer of GPS and other location-based systems used to drive agricultural equipment hands-free, took in $40 million in a fourth round of funding led by Investor Growth Capital. The Fremont, Calif.-based company will use the new money to scale operations.
Its flagship AutoFarm line… Continue Reading
Games2win to be entertainment powerhouse; firm outwits pirates, launches game search engine
If I told you that a game company you’ve never heard of will be a top ten entertainment company in 2009, you’d probably laugh. But that’s the ambition of Alok Kejriwal, chief executive of Games2win, and his cofounder and chief technology officer, Mahesh Khambadkone.
It… Continue Reading
Remaining objective when fear is in the air
[Editor's Note: Taking a break from the doom and gloom of the economic downturn, venture capitalist William Quigley offers a more optimistic assessment of the current situation.]
It is hard to believe that just 8 years ago, venture capitalists were facing what we all thought… Continue Reading
Nokeena Networks raises $8.7M for faster streaming video
A stealthy content accelerator called Nokeena Networks has raised $8.7 million in a first round of funding, with an aim to sell a hardware appliance that will better process and transmit video across networks. The company is specifically directing its efforts toward high-quality video, according… Continue Reading
Six Degrees Games raises $7M for sports virtual world
Virtual world creator Six Degrees Games has taken $7 million to develop a world for six to 14 year old children with a sports theme. The funding is the company’s first. Six Degrees hasn’t given many specific details on the game, called Action AllStars, but… Continue Reading
Online cooking marketplace Cooking.com stirs up $7.1M
Cooking.com, an online marketplace for all things having to do with cooking, has raised $7.1 million from a number of investors, including Starbucks executive Troy Alstead.
Other investors in the Pasadena, Calif. company, include Clearstone Venture Partners, Idealab, Azure Capital and Weldon Oven of San… Continue Reading
Planning for IPO, Mimosa raises another $17M for electronic archiving
Corrected
Mimosa Systems, a startup that helps companies archive emails and other files, has raised a $17 million fourth round of funding. Mimosa calls the latest financing a “mezzanine round,” meaning it should be the last round before an IPO.
The kind of comprehensive archiving… Continue Reading
Hi-def video company Veodia raises $8.3M
Veodia, which helps businesses create high-quality video content, has raised $8.3 million in a first round of funding.
I last spoke to Veodia chief executive Guillaume Cohen in March when he announced that in addition to Quicktime, Veodia would also support Flash content. At the… Continue Reading
Social shopping site ThisNext draws $5M
[update 2/5: The company said it will "in the next couple weeks" close an unspecified venture debt funding, Chief Executive Gordon Gould told VentureWire. ]
Social shopping has proven to be a popular concept lately, with a number of companies offering varying ways for shoppers… Continue Reading
Rubicon Project helps publishers manage ad networks, raises $6M
(Update: Part of the financing was debt; we’ve updated accordingly)
The Rubicon Project, a startup that wants to streamline the process of dealing with multiple ad networks, has taken $6 million in venture and debt funding. It plans to start private testing of the product… Continue Reading
SupplyFrame, a search engine for gadgets, electrical components
(Update: Corrected market spending figure to $400 billion)
The search engine revolution continues to ripple through to other parts of the business economy.
SupplyFrame, of Pasadena, Calif. is the latest to offer a specialized search engine for electronic components — and is also offering useful… Continue Reading
Mimosa raises $17M for email archiving
Mimosa Systems, an email archiving company based in Santa Clara, has raised $17 million in a third round of financing, and plans to use the cash expand into Europe and Japan.
The market for archiving is strong, and Mimosa trails companies such as Zantaz, of… Continue Reading
Meru Networks raises $27.6M
Meru Networks, a Sunnyvale, Calif. company that provides WiFi networks for large companies, has raised $27.6 million in a fourth round of funding, according to a regulatory filing cited by PE Week.
D.E. Shaw was joined by existing investors, including Lehman Brothers Venture Partners, Clearstone… Continue Reading