Element Labs snags $2M for large video displays
Element Labs, maker of massive light-emitting diode video displays used for concerts and other major events, has brought in $2 million of an expected $2.8 million round of equity, debt and rights, according to VentureWire. Based in Santa Clara, Calif., the company previous raised $12.75… Continue Reading
MetricStream lands $2.5M for compliance software
MetricStream, maker of software and services for governance, risk assessment and compliance for businesses of all sizes, just brought in $2.5 million in debt financing, reports VentureWire. Based in Palo Alto, Calif., it builds solutions tailored to a variety of industries, including pharmaceuticals, food and… Continue Reading
Online ad company ContextWeb raises $26 million
Contextual advertising company ContextWeb has raised $26 million in a fourth venture round of funding led by Investor Growth Capital. Existing investors Draper Fisher Jurvetson, DFJ Gotham Ventures, Updata Partners, DFJ New England and Gold Hill Capital also participated. The New York company has raised… Continue Reading
iRise gets $20M to mock-up your software
iRise has raised $20 million to help companies model their software before a line of code gets written.
iRise, like competitors Blueprint and Serena Software, is trying to reshape the standard model of software development. Traditionally, the business analysts and other decision makers outline what they… Continue Reading
Roundup: Opera Mobile picks Google for search, ‘Quarterlife’ flops, Zoho updates and more
Here’s the latest action:
1) Opera’s mobile web browser picks Google for search
2) Web-born show ‘Quarterlife’ bombs on NBC
3) Zoho updates its online writer
4) Microsoft’s WorldWide Telescope is revealed
5) Panther Express, a NY start-up, gets funding
6) AngryJournalist.com lets writers vent
7) Drama amid the DivX shutdown of… Continue Reading
CDN service Panther Express raises $15.75 million
Panther Express is a two year old company founded by former executives from online advertising network DoubleClick. It has just raised $15.75 million from new investor Index Ventures, and existing investors Gold Hill Capital and Greylock Partners.
The New York company offers content deliver network services… Continue Reading
Life sciences briefing: Friday, Aug. 31, 2007
Featured companies: Aryx Therapeutics, FlowCardia, Graftcath
FlowCardia raises $30M for artery roto-rooters — Sunnyvale, Calif.-based FlowCardia, a medical-device maker building catheter systems that bore holes in blood clots, raised $30 million in a third funding round. Investors included Gilde Healthcare Partners, Life Sciences Partners, Hambrecht & Quist… Continue Reading
Dash fills coffers for Web-connected car navigation
updated
Dash, the start-up offering the first car navigation device designed to be permanently linked to the Internet, has raised $25 million in a second round of funding.
The Mountain View Dash will launch its device in the Bay Area in late April, and nationally this fall,… Continue Reading