U-Systems raises $16.5M for breast ultrasound systems
U-Systems, a San Jose, Calif., maker of ultrasound systems for breast imaging, raised $16.5 million in a fifth round of funding. The company, founded in 1997, markets its systems for the early detection of breast cancer, particularly in women with dense breast tissue.
Although based in Silicon Valley, the company has strong ties to Taiwan. Siemens Venture Capital led the round, joined by Sycamore Ventures, MDS Capital, Radius Ventures, Kinetic Capital, United Investments of Taiwan, President… Continue Reading
DeviceVM, latest PC virtualization co., raises $10M
DeviceVM is a secretive San Jose start-up founded in August that says it wants to make PC simpler to use with “virtualization” technology.
The co-founders are Mark Lee, Thomas Deng and Robert Ha, the same team that co-founded OSA Technologies, of San Jose, which was sold to Avocent in 2004 for $100 million.
It joins a host of companies entering the virtualization area. Virtualization is a loose term that can applied to a number of technologies. Loosely… Continue Reading