Active Network acquires online campsite booker ReserveAmerica
The Active Network, a network of sites targeting athletic and active-lifestyle users, announced today that it’s buying ReserveAmerica, an online service for booking campground space across the U.S., for an undisclosed amount.
It was formerly a subsidiary of IAC, a conglomerate of interactive web-based businesses (including CollegeHumor, Vimeo and eVite), which agreed to hand over 100 percent of its stock in Reserve America Holdings in exchange for 3.5 million shares of convertible preferred stock in Active…. Continue Reading
Breach Security raises round for web app firewall appliances
Breach Security has raised $6 million in a second round of funding to expand its business of making web application firewalls that stop hackers.
The Carlsbad, Calif.-based company creates a security appliance, dubbed WebDefend, that can check incoming traffic for malicious software at a high speed without slowing down a web site, said Mike Pierce, chief executive of the company. The company licenses the appliance for a $75,000 one-time fee. WebDefend protects more than 15,000 commercial… Continue Reading
VMIX, another video software company, raises cash
VMIX, a company that once sought to be YouTube, but which changed direction to provide software to large web properties to share video, has raised $16.5 million in funding.
VMIX joins a host of companies doing much the same thing, including Brightcove, Reality Digital, Vsocial and VideoEgg, to name a few. These all serve third-party sites with video technology.
The San Diego VMIX offers a video player and a content management system that includes social networking features…. Continue Reading
TradeBeam Holdings, global trade management software co., raises more than $29M
TradeBeam Holdings, a San Mateo, Calif.-based provider of online global trade management software, said it has raised more than $29 million in a third round of funding.
Camden Partners and Torch Hill Investment Partners co-led the deal, which included existing backers Carlyle Venture Partners, Enterprise Partners, Sigma Partners and The Sprout Group. TradeBeam has now raised $57.5 million since 2001.
See the company’s statement here.
Vascular biology biotech TargeGen raises $40M
San Diego’s TargeGen, a biotechnology targeting disease treatments related to abnormal blood-vessel growth, raised $40 million in a fourth funding round. New investors included Innovis Investments, VantagePoint Venture Partners and CTI Life Sciences Fund, joined by existing investors Forward Ventures, Enterprise Partners, Chicago Growth Partners.
TargeGen’s potential disease targets range from eye diseases such as age-related macular degeneration (AMD) to cancer to heart disease. Its leading drug candidate, TG100801, completed an early-stage phase I trial in… Continue Reading
3Leaf, virtualization company, raises $20M more
3Leaf Systems, a Santa Clara, Calif. company that provides a server virtualization product for data centers, said it has raised $20 million in a second round of funding.
Virtualization is a hot trend because it makes data centers more efficient.
The round was led by Intel Capital, the company said in a statement sent out under embargo last week. Existing investors Enterprise Partners, Storm Ventures, and Alloy Ventures also participated in the round.
The round raises… Continue Reading