Open source database company 10gen raises $3.4M
10gen, a New York database company with some well-known customers and investors, has raised $3.4 million in a second round of funding.
The New York company developed MongoDB, an open source database for web applications that’s being used by open source repository SourceForge, commenting startup Disqus,… Continue Reading
Top five take-aways from CTIA
[Editor's note: This column has been republished from Jeff Bussgang's blog Seeing Both Sides. It also ran on PE Hub.]
The annual wireless industry trade show, CTIA, had some interesting trends this year. Putting aside the fact that Las Vegas feels like a ghost town, cab… Continue Reading
T2 Biosystems brings in $10.8M for diagnostics
T2 Biosystems, a company working to develop new diagnostic methods, received $10.8 million in second-round financing from new investors In-Q-Tel (which also helps fund the CIA, incidentally) and Partners Healthcare, and existing investors Flagship Ventures, Flybridge Capital Partners and Polaris Venture Partners.
The Cambridge, Mass.-based company… Continue Reading
Data warehouser Infobright takes $10M
It’s no simple task to store terabytes of information. In addition to just keeping the data safe, companies often require analytics and upkeep for their stored info. Infobright, one of the companies that provides such services, has just raised another $10 million in funding.
Infobright currently… Continue Reading
Nanotech chip timing co. Sand 9 raises $8M
Quartz timing is old hat for wristwatches and clocks, but surprisingly enough, it’s still used in state-of-the-art computers. Sand 9 is the latest in a new generation of startups that wants to update timing for silicon chips.
If they’re successful, the cost and form factor for… Continue Reading
Eka Systems raises $18.5M for smart metering
Eka Systems, a Germantown, Maryland-based utility metering company, has completed a $18.5 million fourth round of funding, led by Flybridge Capital Partners. Returning investors included RockPort Capital Partners, The Westly Group and Metropolitan Investments.
Eka’s scalable smart networking technology allows utilities to monitor and analyze their… Continue Reading
How do you manage packs of proud VCs globally? You don’t, unless you’re IDG or DFJ
Many venture capitalists think of themselves as romantic swashbucklers, mixing raw intelligence with their bulging money purse to skillfully create companies of huge worth. Many of them are lone wolves that gather in regional packs because it’s more convenient.
So how do you harness of a… Continue Reading