Meru Networks lands $87 million for virtual wireless service
Meru Networks, provider of a virtual wireless service that departs from typical hub-based services, has raised an additional $57 million to expand its fifth round of funding to $87 million (it closed $30 million from Vision Capital earlier this year), reports PE Hub. The recent… 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
Emotive lands $6.25M, acquires mobile gaming co. Sennari
Mobile entertainment provider Emotive Communications raked in $6.25 million in second-round financing earlier this week, giving it the bump it needed to buy Sennari Entertainment, a developer of cell phone gaming and micro-payment services. The purchase price was undisclosed, but Sennari had raised about $17… Continue Reading
RocketOn partners with Animax to create a different kind of virtual world
RocketOn and Animax Entertainment are announcing today a partnership that will make it easy for groups of friends to visit web sites together — and then scribble all over them.
RocketOn’s technology allows you to create virtual characters, or avatars, that can walk and scrawl all… 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 time,… Continue Reading
Updated: Altierre lets retailers change prices on the fly
Retailers are still in the dark ages when it comes to changing prices on items on store shelves. San Jose, Calif.-based Altierre allows them to join the 21st century by enabling retailers to change store-aisle prices on the fly.
The company sells product shelves lined with… Continue Reading
RocketOn raises $5M for widgetized virtual kid’s world
RocketOn’s idea is to have a virtual world in a widget — so as long as it’s seeded liberally across the Internet, users will be able to continue playing on whatever website they’re visiting.
The two-dimensional game is more or less a kid-themed chat room at… Continue Reading
Desi Hits gets $5M more for South Asia entertainment portal
Desi Hits, a company that delivers online entertainment in South Asia featuring celebrity interviews, music videos, podcasts and blogs, said it has raised $5 million in its second round of financing, from Draper Fisher Jurvetson, Trident Capital and D.E. Shaw Group.
The two-year-old company is based… Continue Reading
Life sciences briefing: Wednesday, Dec. 26, 2007
TODAY’S HEADLINES:
Romark Labs raises $18M for hepatitis drugs (release)
Cubist buys Illumigen Bio, a hepatitis-drug biotech, for $9M (release)
MedCap voices opposition to VaxGen-Raven Bio reverse merger (release)
NeuroMetrix acquires EyeTel Imaging assets for $10M (release)
Solstice Neurosciences appoints Dennis Smith as CEO (release)
LeMaitre Vascular snaps up graft maker… Continue Reading
Winery Exchange gets $5M more for private-label alcohol
Winery Exchange, a Novato, Calif. maker of private-label wine and beer for retailers, has raised $5 million in a second round of financing.
Hedge fund D.E. Shaw Group made the investment in the company, which has now raised a significant $31 million since 2000. It’s the… Continue Reading
Pandora Networks raises $6M for integrated communications network for businesses
Pandora Networks, an Emeryville, Calif. provider of a service that unifies wired, wireless, email and other communications in a single networked service for businesses, has raised $6 million in financing.
D.E. Shaw Group. was the investor.
See the announcement here.
With the funding, Pandora has now raised $8… Continue Reading
MAP Pharma raises $50M for respiratory and CNS disease treatments
MAP Pharmaceuticals, a Mountain View, Calif, developer of treatments for respiratory and central-nervous-system diseases, said it raised $50 million in a fourth round of venture funding.
See statement here.
New investor, the D.E. Shaw group, joined previous investors, including Perseus-Soros Biopharmaceutical Fund, Pequot Ventures, Brookside Capital,… Continue Reading
Reactrix raises cash for interactive advertising in malls
Updated
Reactrix, a Redwood City company that beams interactive advertising onto the floors of malls and theaters, has raised a very large $45 million to allow it to expand and attract new advertisers.
In malls, Reactrix’s product beams light down on to a rectangle mat on the… Continue Reading