Upek raises $6.2M for fingerprinting software
Upek, a provider of software technology that authenticates fingerprints for various security applications, has brought in $6.2 million of a targeted $12.7 million round or equity, rights and securities, according to a filing with the SEC. The Emeryville, Calif. company is backed by Diamondhead Ventures,… Continue Reading
Data analytics provider Truviso takes $3M bridge, preps for third round of capital
Truviso, maker of data analytics software, has raised a $3 million bridge round of funding in hopes of getting itself in shape to raise a third round of capital next year. The financing came from Diamondhead Ventures, Onset Ventures and UPS Strategic Enterprise Fund, the… Continue Reading
Microsoft gobbles up Danger, maker of the Sidekick mobile software
Microsoft Corp has agreed to acquire Danger, a Silicon Valley company that makes the software for the Sidekick and other mobile devices, for an undisclosed amount.
Danger has worked away for ten years on its device software, and recently filed for an IPO, which we termed… Continue Reading
FirstRain raises $13.6M for investment research
FirstRain is a Foster City, Calif. company that provides investment professionals with search-based research tools.
The company’s search engine pulls from a pool of 30,000 sources covering everything from blog posts to SEC filings.
The $13.58 million funding was provided by Oak Investment Partners, Diamondhead Ventures and… Continue Reading
Consolidation in VC-land continues: Diamondhead Ventures to close
Diamondhead Ventures co-founders Raman Khanna and David Lane will join Onset Ventures and shut down their firm once they invest the $140 million fund is invested, according to VentuerWire (subscription required)
They were raising a second fund, but will now earmark the funds committed to them… Continue Reading
Serus, provider of outsourced manufacturing software, raises $8M
[Update 12/6: Since the story was filed below, Serus has raised $2 million more in funding from Samsung Ventures, according to a regulatory filing.]
Serus, a Mountain View, Calif. company that makes online software for manufacturing outsourcing operations, said it has raised $8 million in a… Continue Reading
Cavium Networks has strong IPO
Cavium Networks, the Mountain View, Calif. semiconductor company saw its stock price rise a strong 22 percent in trading after its initial public offering.
Cavium provides semiconductor processors for networking equipment that processes voice, video and data content. The company is losing money.
Venture capital firms invested… Continue Reading
Cavium proposes IPO terms
Cavium Networks, a Santa Clara, Ca. company that makes processors for networking, wireless and storage has set its proposed IPO terms to 6.25 million common shares at $10 to $12 per share.
Cavium has raised more than $60 million in financing from firms like Menlo… Continue Reading
Cavium, semiconductor company, files for $86M IPO
Cavium Networks, a Mountain View semiconductor company, has filed for an initial public offering to raise as much as $86.25 million.
Venture backers include Menlo Ventures, which owns nearly 30 percent of the company, Alliance Ventures, which owns about 14 percent, Diamondhead Ventures (9 percent) and… Continue Reading