Sense Networks gets $6M in hotly contested deal for “tribe” advertising
Sense Networks, a company that can track “tribes” of people — such as those who like the same bars and same movies — to better target them with instant advertising, has raised $6 million in new venture financing in a hotly contested deal.
Semiconductor giant… Continue Reading
WiMax chip provider Beceem raises $20M
Beceem Communications, one of the top providers of WiMax chipsets, announced that it’s brought in $20 million in a fifth round of funding to scale its manufacturing operations.
The round was led by Motorola and included Global Catalyst Partners, Khosla Ventures, KTB Ventures, Walden International,… Continue Reading
Jajah holds strong, dials up $2.8M to expand VoIP services
Jajah, a voice over internet protocol (VoIP) communication service, has taken in $2.75 million of an anticipated $5 million fourth round of funding, peHUB reports. The Menlo Park, Calif.-based company provides service to millions of users, much like competitors mig33 and Jaxtr. Last April it… Continue Reading
Soonr raises $3M to give mobile access to home computers
Soonr, maker of software that lets people access content on their home computers from their cell phones, just raised $3 million in third-round funding from Cisco Systems, Clearstone Venture Partners, Intel Capital and Sand Hill Capital, reports VentureWire. Last month, it announced the launch of… Continue Reading
OpSource scores $10M for on-demand app delivery
OpSource, provider of software-as-a-service and web applications for a variety of functions, just raked in $10 million in fifth-round funding from Nippon Telegraph and Telephone (NTT), Velocity Venture Capital, Key Venture Partners, Crosslink Capital and Artiman Ventures to continue expanding its software portfolio. Its flagship… Continue Reading
TextDigger mines $4.3M for semantic search tools
TextDigger, a San Jose, Calif. firm specializing in semantic search and text advertising, announced that it brought in $4.3 million in first-round funding from True Ventures, Intel Capital, CBS Interactive and a handful of angel investors. The money will be used to expand its sales… Continue Reading
TriCipher raises $12M for secure logins
TriCipher, maker of software that assures the identity of users logging into online applications, just brought in $12 million in a fourth round of funding for further expansion. The San Mateo, Calif. company says it has already added 100 new clients in the past nine… Continue Reading
Carrier IQ rings in $20M to gather mobile intelligence
Carrier IQ, provider of software that collects data on cell phone use and performance from individual handsets, just brought in $20 million in a third round of funding to fuel product development and attract more clients. The Mountain View, Calif. company’s goal is to offer… Continue Reading
JackBe closes $5M for enterprise mashup apps
Software maker JackBe has nabbed $5 million in a fourth round of funding for mashup apps tailored to business organizations. The round included Blue Chip Venutre Co., Core Capital Partners, Darby Technology Ventures, Harbert Venture Partners and Intel Capital.
According to the Chevy Chase, Md.-based… Continue Reading
Tela closes $5.5M to scale semiconductor manufacturing
Tela Innovations, a Campbell, Calif. firm working to streamline semiconductor designs and manufacturing, has added three investors to close a $5.5 million third round of funding, reports VentureWire. The new backers, Cadence Design Systems, KT Venture Group and Qualcomm, join past contributors Intel Capital, AsiaTech… Continue Reading
System modernizer Relativity sells to Micro Focus for $9.7M
After a decade of struggle and decline, Relativity Technologies has sold to Micro Focus International for $9.7 million, a meager portion of the $25 million in venture backing it had raised from the likes of Intel Capital, Noro-Moseley Partners, Tall Oaks Capital Partners, Wachovia Strategic… Continue Reading
Intel Capital invests in Chinese cleantech, healthcare companies
Intel Capital has sunk money into three Chinese companies: Trony Solar Holdings, NP Holdings and Viewhigh.
Trony Solar Holdings, a manufacturer of thin-film solar cells, received $20 million. An undisclosed amount also went to NP Holdings, which works in the utility-scale energy storage space.
Intel… Continue Reading
Synacor throws in the towel on IPO
Digital content provider Synacor Inc. announced yesterday that it withdrew its initial public offering due to unfavorable market conditions. The plan to go public had been in the hopper since August of last year, when the company said it intended to sell 11.6 million shares… Continue Reading
Despite the downturn, financing is plentiful for cleantech
By now, most people have resigned themselves to a significant and prolonged recession due to the banking crisis. For many investors and entrepreneurs, there’s a feeling of certainty that the technology industry will also be hurt. But a significant number of others, especially in cleantech,… Continue Reading
Mobile app maker MobUI acquires Action Engine to extend reach
MobUI Corp., a young mobile application developer, announced today that it has bought peer company Action Engine Corp. The latter has a software platform that streamlines the process of adapting one application to different handhelds and carriers, which could help MobUI scale. The cost of… Continue Reading
Roundup: Feds offering short-term loans, presidential debates live online, Silver Spring gets a big raise, and more
Feds now providing short-term debt — The Federal Reserve will provide money for companies to finance their day-to-day activities, in the government’s latest effort to staunch bleeding in the credit markets.
Live presidential debates hit the web — Hulu will stream tonight’s presidential debate live,… Continue Reading
Dexterra raises $21.5M to expand mobile platform, carrier partnerships
Mobile business software provider Dexterra announced today that it scored $21.5 million in sixth round financing from existing investors led by New Enterprise Associates and including Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This brings the company’s total funding to $106.5… Continue Reading
HealthiNation brings in $7.5M to produce online health videos
HealthiNation, a New York-based company that produces videos for television and the web addressing all aspects of personal health, has raised $7.5 million in a second round of funding, VentureWire reports. Contributions came from MK Capital and new investor Intel Capital, which led the round…. Continue Reading
InMage gets $15M for enterprise data backup
InMage Systems, a data backup and recovery company that serves small and large enterprises, has raised $15 million in a round led by Intel Capital.
DR-Scout is the company’s main product. It allows continuing access to data during “critical” events and provides both regular backup… Continue Reading
3Leaf Systems raises $35 million round for enterprise virtualization technology
Virtualization technology is still buzzing with activity, as its adoption by large companies remains one of the biggest trends in the economy right now.
Virtualization grabbed headlines 13 months ago, when VMware raised nearly $1 billion in an initial public offering. Now virtualization chip maker… Continue Reading