Ad network Ecast raises funds to the tune of $17M

Ecast Network, a San Francisco-based company that disseminates advertising through digital juke boxes, has brought in $17 million in a round of equity, according to a filing with the SEC. It is backed by Crosslink Capital, DCM, El Dorado Ventures, LG Electronics, Foundry Group, Focus… Continue Reading

E-Cast snags $17M for bar and club entertainment

E-Cast Media, a company that provides interactive media in the form of music, videos and games to display monitors located in bars, clubs and other entertainment venues, has brought in $17 million in equity, according to a filing with the SEC.

Based in San Francisco, the… Continue Reading

Caring Inc. buys Gilbert Guide to connects seniors with housing

Caring Inc., the company that runs Caring.com to provide resources for people taking care of the elderly, has acquired Gilbert Guide, a directory of senior living facilities, for an undisclosed amount, reports Dow Jones VentureWire. Based in San Mateo, Calif. Caring Inc., had partnered with… Continue Reading

Fortinet buys assets from Ethernet co. Woven

Network security company Fortinet has acquired fabric Ethernet provider Woven Systems to boost the efficiency and speed of its offerings, reports PE Hub. Santa Clara, Calif.-based Woven’s claim to fame is that it makes some of the smallest and densest 10-gigabit network switches in the… Continue Reading

Bill.com racks up $8.5M to simplify payments

Bill.com racks up $8.5M to simplify payments

Bill.com, a startup specializing in software for online bill payment and management, added another $8.5 million to its coffers with investments from August Capital and DCM. The round brings total investment to $17 million and puts David Hornik, a partner at August, on Bill.com’s board.

The Palo Alto-based… Continue Reading

Bill.com takes enterprise bill payment paperless

Bill.com takes enterprise bill payment paperless

Bill.com, a startup specializing in software for online bill payment and management, has launched ePayments, a new feature that allows small and mid-sized businesses to pay anyone through direct-deposit money transfers. Now its clients can pay any individual, vendor or employee with any bank with… Continue Reading

Vindicia raises $7.5M more for online billing

Vindicia raises $7.5M more for online billing

Vindicia, which provides companies with online software to help manage web billing and payments, has raised $7.5 million in a fourth round of venture funding.

The Redwood City, Calif., startup is one of several companies (Zuora and Aria Systems are the other ones we’ve covered) trying… Continue Reading

SandForce emerges from stealth with new flash chip line

SandForce, maker of flash memory processors, has left stealth mode to release its first line of products tailored to enterprise applications like data centers and personal computers. The Saratoga, Calif. company says its SF-1000 model is more reliable and allows for more data retention than… Continue Reading

Compliance software maker Autonomic fails to rebrand, shutters

Autonomic Networks, the very recently reinvented version of Vernier Networks, has finally given up the ghost after failing to raise a new round of capital. The Mountain View, Calif.-based maker of software that monitored compliance with network security protocols had just launched a beta of… Continue Reading

Goodmail working on tool for more secure email transfer

Goodmail working on tool for more secure email transfer

Goodmail Systems, a company that administers secure email exchanges, just added $5 million to close a third round of funding. Based in Mountain View, Calif., it says it will apply the new money to develop its flaship product, CertifiedEmail, so that trusted messages containing multimedia… Continue Reading

Force10 and Turin merge, pool their capital and clients

Network builder Force10 Networks has merged with Ethernet services provider Turin Networks to create a powerhouse in both spaces, with an impressive list of clients, numbering 1,300 (including eHarmony and Facebook), reports peHUB. More significant than that is the marrying of two significant pots of… Continue Reading

Cree settles patent suit with LED co. Bridgelux

Efficient lighting company Cree has settled its patent infringement lawsuit with Sunnyvale, Calif. LED maker Bridgelux after two years of litigation. Not only must Bridgelux pay to license the technology from Cree — technology that increases the efficiency of LED lighting systems — but it… Continue Reading

Jaspersoft raises $12.5M for open source business intelligence

Jaspersoft, a provider of open-source business intelligence software, has raised $12.5 million in new funding. The round was led by Adams Street Partners, with participation from leading open-source company Red Hat and Jaspersoft’s previous investors Scale Venture Partners, SAP Ventures, DCM, Morgenthaler Ventures, and Partech… Continue Reading

Goodmail secures $20M for certified email

Goodmail secures $20M for certified email

The average email inbox is stuffed with spam, disguised viruses and irrelevant junk. But Goodmail Systems, provider of the CertifiedEmail platform that delivers only trusted emails, just landed $20 million in a third round of funding to help its users rise above the fray.

The Mountain… Continue Reading

Compliance software maker Autonomic has a brand new bag, beta

Autonomic Networks has released a beta of its new compliance and auditing software, having dumped its old name (Vernier Networks), its old leader (replaced by new chief executive Paul Stich two months ago), and its old focus (network access control) all in the past year,… Continue Reading

BitTorrent picks up $17 million as it shifts gears

BitTorrent picks up $17 million as it shifts gears

Coming on the heels of our post yesterday morning about BitTorrent’s new partnerships, it has emerged that the company has taken on $17 million in new financing, according to a filing ferreted out by peHUB.

The funding is a surprise, because BitTorrent’s business hasn’t been growing… Continue Reading

Another massive funding for thin film solar, with $104M to AVA Solar, a challenger to First Solar

Another massive funding for thin film solar, with $104M to AVA Solar, a challenger to First Solar

It may not be as much as the colossal $300 million financing that Nanosolar finally disclosed yesterday — the biggest ever for a solar company — but another thin-film manufacturer, AVA Solar, has broken into the nine-figure funding range today, with a challenge to industry… Continue Reading

Miox raises $19M for water treatment

Miox, a water purification company based in Albuquerque, N.M., has picked up a $19 million third round of funding to help market its industrial water treatment technology.

Instead of filtering water, Miox zaps it with a combination of electricity and chemicals, as we previously detailed. The… Continue Reading

Roundup: YouTube revenue, clean energy governance, and much more

Roundup: YouTube revenue, clean energy governance, and much more


Report: YouTube still trying to figure out how to make money
— Lots of people have been wondering if the online video site has somehow figured out how to make big money from its huge amounts of web traffic. The answer, according to a Wall Street… Continue Reading

Game startup Trion to disrupt industry with cross-platform online games, nabs deal with Sci Fi Channel

Game startup Trion to disrupt industry with cross-platform online games, nabs deal with Sci Fi Channel

Game startup Trion World Network is today revealing how it is designing massively multiplayer online games with high graphics fidelity that will run across video game platforms — such as consoles, PC, mobile, and set-top boxes — a feat that no other video game company… Continue Reading