AdWhirl raises $1M for ad platform
One problem iPhone app developers wrestle with is which ad network to sign up with. It can take a couple of weeks to switch ad providers because the app needs to be re-approved by Apple.
AdWhirl is what computer programmers would call a meta-network. Through… Continue Reading
Horsley Bridge closes $1.5B fund of funds
Horsley Bridge Partners, a San Francisco firm that invests in venture capital and small buyout firms, has closed a new fund of funds at $1.54 billion targeted specifically for Europe and Asia, reports VentureWire. Existing limited partners provided 95 percent of the financing, but the… Continue Reading
Freewheel nabs $12M for online video advertising
FreeWheel, an online video advertising platform that helps broker revenue-share deals between content providers, distributors and publishers, has closed $12 million in a third round of funding provided by Foundation Capital and Battery Ventures.
Based in San Mateo, Calif., the company counts Joost, Next New… Continue Reading
Data switch-maker Hammerhead dead in the water
Telecom data-switching company Hammerhead Systems has folded due to the poor economy, reports VentureWire. Specifically, the Mountain View, Calif.-based company failed to recruit enough mobile carriers as customers for its Ethernet aggregation switches, which rout data from mobile users back to operator networks.
The company… Continue Reading
Silver Spring pumps another $15M into smart grid tech
Silver Spring Networks, a company that wirelessly connects residential smart meters with utilities, has added another $15 million to its now $90 million fourth round of funding, reports VentureWire. Open since October, the round will help the company expand and bring more utilities into its… Continue Reading
Numerate racks up $5.5M for drug engineering technology
Numerate, a San Bruno, Calif.-based biotech company that streamlines pharmaceutical production pipelines and intellectual property protections, brought in $5.5. million in a second round of funding, according to peHUB. Called the Drug Engineering Process, its system helps research teams set and methodically achieve milestones across… Continue Reading
Pixazza nabs $3.1 to turn web images into e-commerce links
Pixazza, a company that lets web publishers turn their images into links where users can buy whatever is pictured, just brought in $3.1 million of an anticipated $5.22 million first round of funding from CMEA Ventures, August Capital and Foundation Capital, reports VentureWire. The Mountain… Continue Reading
Compliance software maker Autonomic fails to rebrand, shutters
Autonomic Networks, the very recently reinvented version of Vernier Networks, has finally given up the ghost after failing to raise a new round of capital. The Mountain View, Calif.-based maker of software that monitored compliance with network security protocols had just launched a beta of… Continue Reading
Jasper Design connects $7M for circuit verification software
Jasper Design Automation just raised $7 million in fourth round funding from ZenShin Capital, Cambrian Ventures, Foundation Capital and Accel Partners, reports VentureWire. The Mountain View, Calif. company makes software that allows chip designers to check that new features or changes they introduce don’t interfere… Continue Reading
Pano Logic closes $6M more for virtual desktops
Pano Logic, a Menlo Park, Calif.-based provider of software and computing equipment used to run virtual Windows desktops from data centers, has brought in $6 million more, upping its second round of funding to $18 million. It already has a customer base of 150, including… Continue Reading
Textbook site Chegg.com raises $25M from Kleiner Perkins
Textbook rental site Chegg.com announced today that it has raised $25 million in a third round of funding led by Kleiner Perkins Caufield & Byers and Foundation Capital.
That’s an impressive amount of cash, especially with the current economy and what some see as Kleiner’s… Continue Reading
Panasonic and Samsung invest in SiBEAM to promote WirelessHD
In an endorsement for wireless video networking, Panasonic and Samsung said today they have invested an undisclosed amount into SiBEAM, the maker of high-speed networking chips.
Sunnyvale, Calif.-based SiBEAM makes WirelessHD chips that can wirelessly transfer video from one device to another in a living… Continue Reading
Another Indian solar services firm snags Silicon Valley funding
Azure Power, a Delhi, India company that develops large solar projects both on and off the commercial power grid in its home country, has raised an undisclosed first round of funding from Foundation Capital and Helion Venture Partners.
The investment is the second that Silicon… Continue Reading
Compliance software maker Autonomic has a brand new bag, beta
Autonomic Networks has released a beta of its new compliance and auditing software, having dumped its old name (Vernier Networks), its old leader (replaced by new chief executive Paul Stich two months ago), and its old focus (network access control) all in the past year,… Continue Reading
Zetta raises over $10 million for cloud storage
Zetta, a Sunnyvale, Calif. company that plans to offer remote storage for companies, has raised $10.68 million in a first round of funding.
The company is not yet public and has released little information on its plans. However, the funding is slated both for development… Continue Reading
Content delivery platform Conviva raises $20M in new funding, but won’t talk about the technology
Conviva, a San Mateo, Calif. company that was formerly called Rinera Networks, has raised a substantial $20 million in new funding. But, as the headline notes, they don’t want to give the details on why they’re able to attract so much — short of making… Continue Reading
Canopy Financial raises $8M more to manage healthcare accounts
Canopy Financial, whose HealthDirect platform manages healthcare financial accounts, has raised $8 million in a second round of funding from Foundation Capital. The San Francisco startup raised $15 million in January.
Canopy Financial says HealthDirect can help with the administration of health savings accounts, flexible… Continue Reading
Rohati Systems raises $12M for network security
Network security company Rohati Systems has raised a $12 million second round of financing from existing investors Foundation Capital and Matrix Partners, bringing its total funding to $22.6 million.
The Sunnyvale, Calif.-based startup plans to release the first product in its Rohati Transaction Networking System… Continue Reading
SunRun gets $12M, for “dominant” solar installation model
Like a new car, a solar system is a big investment. Some home owners can front the $10,000 - $30,000 for the panels and installation, but most need help. SunRun is one of a new breed of companies that’s figuring out ways to set up… Continue Reading
Control4 gives you control over your home devices, raises $20M
For years, various companies have emerged to try to give you the nirvana of centralized control of all your devices in your home.
But most have failed to live up to the vision articulated by people like Bill Gates, who has long sought to wire… Continue Reading