Ticket reselling site Seatwave lands $17M amid tough rivals
Seatwave, one of several sites for secondary ticket sales, has brought in $17 million in a fourth round of funding to continue developing and marketing its platform. While the London-based company has done quite well for itself — recording a 200 percent jump in revenue… Continue Reading
Redbrick gets a $15M boost for incentive-based health insurance
Redbrick Health, provider of employer insurance that bases employee premiums on their behavior, has scored $15 million in a third round of funding led by Kleiner Perkins Caufield & Byers. The Minneapolis, Minn.-based firm says the system is designed to encourage insurance recipients to adopt… Continue Reading
Tween mobile provider Kajeet bags $1M
Kajeet, the cell phone service provider for kids and tweens, closed a $1.05 million second-round of venture backing to continue product and market development. The Bethesda, Md.-based company is coming off a big win last week, striking a deal with Amazon to sell its phones… Continue Reading
Quova lets websites know where you are
Geolocation software developer Quova launched its new On-Demand service today, providing websites with the ability to pinpoint their users’ locations, and use this data to customize their content and applications.
The Mountain View, Calif. company gives businesses the tools they need to help their users find… Continue Reading
Stylesight raises $16M to help fashion companies stay trendy
Stylesight, a company that helps merchandisers and designers track fashion trends, has raised $16 million in a first round of financing.
We’ve written about a bunch of fashion sites, particularly those targeting women, but Stylesight is aiming for businesses and professionals, not shoppers. The New York-based… Continue Reading
Investors flock to Flock with a new $15 million round
Social web browser Flock has garnered a lot of hype since its release in 2005. It’s also won a lot of fans. Both likely played a role in its new $15 million fourth round of funding announced today. The round was led by Fidelity Ventures,… Continue Reading
SpikeSource launches software platform, gets $10M from Intel
SpikeSource, a startup that helps companies build, test and integrate software, is partnering with Intel to launch the SpikeSource Solutions Factory Platform. For SpikeSource, it’s a big strategy change — instead of partnering with independent software vendors, the startup will now provide its technology to… Continue Reading
IBM backs database company EnterpriseDB, squares off against Sun
updated
IBM has invested in open-source database company EnterpriseDB, part of the giant company’s effort to hold its own in the fast growing Web application services market.
IBM typically does not invest in start-ups, but it has watched on as competing server company Sun acquired the popular… Continue Reading
Secondary event ticket site Seatwave raises money, amid industry frenzy
Seatwave, a European market place for event tickets where fans can buy and sell directly from and to each other, has raised $25 million in a third round of funding.
The financing continues a — yes, a large wave — of interest in the secondary ticket… Continue Reading
Life sciences briefing: Wednesday, Dec. 19, 2007
TODAY’S HEADLINES:
Gene-silencing developer Santaris raises €20M (PDF release)
Consumer-driven healthcare manager RedBrick Health prescribed $15M (release)
Cardiac Dimensions takes in $36M for heart-valve device (release)
TcLand Expressions gets €8.2M for biomarkers (PDF release)
TheraQuest Bio gets $3M for pain drugs (release)
Brain-software maker NeuroTrax visualizes $1.5M (VentureWire)
ActivBiotics selling off assets… Continue Reading
Xoom, money transfer site, raises $20M more
Xoom, a company that lets you go online to transfer money internationally, has raised $20.29 million in a fifth round of funding.
It’s just the latest in a wave of companies using the Web to shake up the payment-lending industry.
This six-year-old San Francisco company has now… Continue Reading
Kajeet’s phone for kids, will it avoid pitfalls of predecessors?
updated
In a highly risky strategy of piggy-backing on other carriers’ networks, Kajeet has raised $36.8 million in a second round of financing to offer cellphone services to tweens and teens.
It offers a dashboard for parents to control when the phone can and can not be… Continue Reading
HP buys storage software co., Polyserve
Hewlett-Packard has agreed to acquire PolyServe Inc., a Beaverton, Ore. provider of storage software for application and file serving utilities.
According to the announcement:
The acquisition provides a strong entry point for HP into the high-growth enterprise network-attached storage (NAS) market and allows the company… Continue Reading
Black Duck raises $12 million for open source IP protection
Black Duck, the Waltham, Mass. company that tracks how companies use software in order to protect open source code and intellectual property rights for software makers, has raised $12 million more in a third round funding.
The round was led by Focus Ventures, a Silicon Valley… Continue Reading
Intellon raises $18M from Samsung, Intel & others for broadband via electrical outlets
Intellon Corporation, of Ocala, Florida, which makes chips to enable broadband access via electrical outlets has raised $18 million in financing from Samsung Ventures and a long list of existing investors: BCE Capital, Comcast Interactive Capital, Duchossois Technology Partners, EnerTech Capital, Fidelity Ventures, Goldman, Sachs… Continue Reading