Engine Yard’s Rails app support gets another $19M
Engine Yard, a company that helps developers deploy and manage web applications built with the Ruby on Rails programming framework (which is popular for fast web development), has raised $19 million in a third venture round.
This brings the San Francisco company’s total funding to $37.5… Continue Reading
Amyris racks up $41.8M for renewable biofuels
Amyris Biotechnologies, one of the most generously-funded startups using microorganisms to produce synthetic biofuels, has added to its third round of funding, taking it from $24.7 million to $41.8 million. But Amyris is not going to stop till it hits its $60 million target, hopefully… Continue Reading
Oorja nabs $500K for methanol fuel cells
Oorja, maker of methanol fuel cells used to charge batteries for forklifts, pallet loaders and other industrial vehicles, has landed $500,000 in convertible promissory notes, according to a filing with the SEC. Methanol is an alcohol-based fuel that produces zero greenhouse gas emissions. Based in… Continue Reading
oDesk Challenge gives startups a staffing kickstart
oDesk, a site that helps companies recruit and coordinate online workers, has launched the oDesk Challenge, a program to help young startups piece together teams of staffers quickly and efficiently. It is promoting it today at TechCrunch50, a conference in San Francisco.
The first 20 venture-backed… Continue Reading
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… Continue Reading
Amyris takes $24.7M for renewable biofuels
Amyris Biotechnologies, one of the best-funded companies deriving biofuels from synthetic microorganisms, has raised $24.75 million of a targeted $62 million third round of venture financing, according to a regulatory filing with the Securities and Exchange Commission. The Emeryville, Calif. company has raised an impressive… Continue Reading
Adamas scores $40M, Navy funds to tackle the flu
Adamas Pharmaceuticals, one of Mohr Davidow Ventures‘ key life science investments, has raised $40 million in a fourth round of funding to develop antiviral treatments for the flu virus. Based in Emeryville, Calif., the company also just signed a research agreement with the U.S. Navy… Continue Reading
3VR finds $12M for searchable surveillance
3VR Security, maker of video surveillance equipment with a built-in search engine and more detailed motion and facial recognition, has brought in $12 million in a fourth round of funding led by Menlo Ventures, according to PE Hub. Based in San Francisco, the company will… Continue Reading
Mint.com rakes in $14 Million in third round of funding
Personal finance site Mint.com raked in another $14 million in funding, bringing its total to $31 million. The round was led by DAG Ventures, with new financing from Founders Fund and a top-up from existing investors Benchmark Capital, Shasta Ventures, First Round Capital and Sherpalo.
Although… Continue Reading
YuMe takes $2.9M for broadband video ads
YuMe, an advertising network specializing in broadband video, has brought in $2.9 million of a $4.5 million round of equity. In the past, it raised about $16 million in capital from Accel Partners, BV Capital, DAG Ventures and Khosla Ventures, reports VentureWire. It is very… Continue Reading
Oil co. Terralliance finds funds despite risky business
Oil and gas exploration company Terralliance has raised an undisclosed amount of funding mostly from existing investors, despite reports that it squandered almost $300 million in capital on questionable purchases — Russian jets not least among them — before laying off more than half of… Continue Reading
Marin Software raises $13M to help brands manage paid search campaigns
Marin Software, which offers software to advertisers and agencies to manage ad campaigns across search engines, has raised $13 million in a third round of funding.
The software, delivered online (SaaS), manages these paid search ad campaigns across sites such as Google, Yahoo and MSN. VentureWire… Continue Reading
Stoke, the fixed-wireless convergence company, raises $15M more
Stoke, the company that wants to let you use your mobile phone or other device on your wireless carrier while on the go, but let you switch to your broadband connection at home, has raised $15 million more in a fourth round of financing.
The company… Continue Reading
Luxim brightens with $12M for efficient plasma lighting
Luxim, provider of high-efficiency solid-state plasma lighting systems, has nabbed $12 million in a third round of funding from Sequoia Capital and others. Based in Sunnyvale, Calif., the company plans to use the money to scale production of its existing products, which are largely used… Continue Reading
Oil co. Terralliance runs out of cash — should have reconsidered the Russian jets
[Update: After speaking to a source close to the situation at Terralliance, some of the information in this post merits correction. The company turned to layoffs only after spending the money received from Kleiner and Goldman, not before. Additionally, chief executive Erlend Olson was not fired,… Continue Reading
Direct2Silicon nabs $9M to lower cost of chip production
Direct2Silicon, the San Jose, Calif. maker of direct-write e-beam lithography software used to create system-on-a-chip integrated circuits, has filled out its second round of funding, now totaling $9 million. The money will go toward market development for its design-for-e-beam technology, which is said to save… 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
Arresto lands funds to treat cancer and fibrotic disease
Arresto Biosciences, maker of a drug that targets both cancer and fibrotic diseases, just landed an undisclosed third round of funding to push its lead compound closer to clinical trials. The Palo Alto, Calif. company is taking a new approach to the destruction of tumors…. Continue Reading
Consentry nabs $9.4M for tighter network control
Consentry Networks, a Milpitas, Calif. company that gives network administrators more direct control over computing infrastructure and applications, just raised $9.4 million from DAG Ventures, Invesco Private Capital, Northgate Capital, Translink Capital and Vedanta Capital.
The new money will go toward development of its network management… Continue Reading
Video ad service SpotMixer lands $9M, gets in with Google
One True Media, an online video creation and editing company, has raised $9 million in a second round of funding to market SpotMixer, a video ad service it offers to small businesses.
Small businesses can use SpotMixer to make and distribute their own professional-looking videos by… Continue Reading