Brilliant Telecom dials up $7.6M to sync wireless carriers
Brilliant Telecom, a company that designs, develops and distributes network timing solutions for telecommunications equipment, has brought in $7.6 million in convertible debt from Onset Ventures, NovAtel, Asset Management, Draper Associates, Draper Richards, Xilinx and a handful of individual investors, reports Dow Jones VentureWire. Based in Campbell, Calif., says its technology offerings ensure smoother operation of streaming voice and video applications.
Ahead of deployment, Brilliant Telecom adds to its round
Sometimes a funding is all about timing. In Brilliant Telecommunications‘ case, everything it does is about timing. The Campbell, Calif.-based company makes timing devices for the telecom industry.
Gearing up for its deployment of wireless products with a European carrier, the company has added $4.9 million to its second round of funding, according to VentureWire.
This new money, led by previous investor NovAtel, brings its second round total up to $11 million. Asset Management, Draper Associates, Draper… Continue Reading
Cognition Technologies gets $2.7M to improve semantic search
Semantic technologies have gotten a lot of attention as the potential next leap forward in search, and Microsoft’s acquisition of semantic startup Powerset for more than $100 million didn’t hurt either.
Now a semantic search company called Cognition Technologies has raised an additional $2.7 million in funding. Chief executive Scott Jarus is happy to tout Cognition’s technology (more on that in a second) and to praise the competition (which also includes Hakia, Expert System and… Continue Reading
EcoSmart Technologies raises $5M for natural pesticides
EcoSmart Technologies wants to dispense with manufactured chemical compounds, and look to nature for ways to discourage unwanted insects. The Alpharetta, GA company has raised $5 million more to help commercialize its insecticides, according to a filing acquired by VentureBeat.
EcoSmart makes a line of pesticides derived from plants that have natural defenses against pests. Among the company’s products are insecticides for commercial and agricultural use, but it also sells aerosol sprays for use by consumers…. Continue Reading
Funding roundup: Announcements that got away
Although I try to stay on top of events in the life sciences, announcements do sometimes manage to slip through the cracks. Some days, in fact, I end up triaging. Because the roots of this site — not to mention many of its readers — are in Silicon Valley, Bay Area events are a priority. Then come announcements from the rest of the U.S., then Asia, then Europe. Also, smaller or partial fundings tend to… Continue Reading
Brilliant, a network server technology co., raises $7.1M
Brilliant Telecommunications, a Campbell, Calif. developer of “Network Timing Protocol” (NTP) server technology, said it has secured $7.1 million in a first round of funding led by ONSET Ventures.
Also investing were Asset Management, Draper Associates, Draper Richards, and Intellect Capital Ventures. Susan Mason, ONSET Management general partner, and Richard Simoni, Asset Management partner, joined the company’s board. Brilliant initially closed the round in June 2006, and had a subsequent closing in December 2006, the… Continue Reading