Replay Solutions wins $2M to bust software errors
Replay Solutions, developer of software that detects errors in other applications running on your computer, pulled in an extra $2 million today in what is now a $13 million second round of financing. The bump came from UV Partners, which joined previous investors Hummer Winblad, Partech International and Sigma Partners.
The Redwood City, Calif. company provides software that records the performance of other software applications. When it comes across something unusual, it can play back the… Continue Reading
Krillion to offer local product search on phones, raises $6M
With the major U.S. telecom carriers rolling out ways to track the location of mobile phones with more precision, startups are rushing to offer services exploiting this.
Krillion is the latest Silicon Valley company to seek possible salvation in this so-called “location based” technology.
Krillion emerged last year with a way to find specific consumer electronic and other products in local stores, and their exact availability in those stores. However, it’s service originally targeted the PC Web…. Continue Reading
Online billing company Aria Systems gets funding from industry vet
Aria Systems, a startup that provides software to handle online billing and subscriptions, just received an undisclosed investment from one of the early innovators in the field.
Dave Labuda, who is also joining Aria’s board, may not be familiar to most of our readers, but he co-founded market leader Portal Software, which has since been acquired by Oracle. In describing his excitement about the deal, Aria chief executive Edward Sullivan used a rather impressive sports metaphor.
“Dave… Continue Reading
Voltage raises $12M more for encryption technology
Voltage Security, a Palo Alto, Calif. company that offers encryption technology to large companies to protect their data, said it has raised $ 12 million fourth round of financing.
Trident Capital led the round with participation from existing investors including Hummer Winblad Venture Partners, Morgenthaler Ventures, Menlo Ventures, Cipio Partners and JAFCO Ventures. Peter T. Meekin, Managing Director at Trident Capital, joins the Voltage Board of Directors.
The company recently said it saw record financial performance for… Continue Reading
Video delivery is hot: Move Networks raises $34M, BitTorrent’s surprise
Move Networks, a company offering video delivery technology for customers such as ABC, Fox, CW, Televisa, Discovery and ESPN.com, has raised a whopping $34 million round of capital.
This makes Move one the best funded video delivery companies out there. Late last year, it raised $11.3 million. The company is helping the large broadcasters get online, and competes against a number of other well-funded companies, such as Brightcove. These companies could put a dent in plans… Continue Reading
Reuters acquires StarMine, securities rating company
Reuters has acquired San Francisco’s StarMine, a company that provides research tools and performance ratings to securities analysts, for an undisclosed amount.
Startmine had raised more than $15 million from Hummer Winblad, Instinet and American Century Ventures.
Intacct, financial management software co, restarts with $14M
Intacct Corp, a San Jose online financial management software company, has raised $14 million in another round of capital to restart itself financially.
Here’s the announcement.
The round was led by new investors Sigma Partners and Sutter Hill Ventures. They were joined by prior investor Emergence Capital Partners. Other previous investors, such as Hummer Winblad, were essentially washed out. Mike Braun, the company’s chief executive, took over several months ago.
Intacct provides software to manage a business’… Continue Reading
Kwiry, secretive interactive advertising start-up, raises $1M
Kwiry, a San Francisco interactive advertising startup, has raised around $1 million in Series A funding from Hummer Winblad Venture Partners, according to PE Week. The company’s chief executive, Ron Feldman, tells VentureBeat the company is in stealth, and declined to comment.
Krillion — a local shopping search engine
Krillion is a search engine that lets you find consumer appliances in stores near you.
This start-up, based in Mountain View, is a response to strong evidence that most people prefer to buy in a store, even after they research prices online — particularly big ticket items like refrigerators, ovens, washers, dryers and dishwashers. (Krillion cites research that it says shows 75 percent of people make more than 90 percent of their purchases offline).
So Krillion… Continue Reading
Scalent raises $15M for data center virtualization
Scalent Systems, a Palo Alto company offering a data center virtualization software, said it has raised $15 million in a third round of funding.
This round was led by new investor Credit Suisse and includes participation by all existing investors, Hummer Winblad, JK&B Capital, and Pequot Capital, the company said in a statement sent to VentureBeat last week.
From its statement:
Scalent Systems is the first company to virtualize the entire environment of existing virtual and… Continue Reading