BridgeWave lands $2.4M for wireless backhauling
BridgeWave Communications, a company that provides wireless backhauling services to free high-traffic networks from congestion, has raised $2.4 million of an anticipated $2.5 million round of equity, according to a filing with the SEC. Based in Santa Clara, Calif., the company is backed by Core Capital Partners, Intel Capital, Ampal-American Insrael, BreezeCOM, Cipio Partners, DRW Venture Partners, Jerusalem Venture Partners, MKS Ventures, Oak Investment Partners, Scientific-Atlanta, SDL Ventures, SeaPoint Ventures and West Steag Partners.
Emergent Game Tech gobbles up $14M for game development platform
Emergent Game Technologies, builder of applications for video-game development, has snapped up $14.4 million in equity, amending a filing from February reporting that the company raised more than $12.5 million, according to VentureWire.
Based in Calabasa, Calif., the company says it can slash game development costs by eliminating some need for back-end support. Its platform is used by high-profile clients like Disney and Electronic Arts and is capable of building games for the Playstation 3, Xbox… Continue Reading
Forterra raises $1.2M for corporate virtual worlds
Forterra Systems, a Menlo Park, Calif. company that creates virtual environments for corporations, government agencies and health care organizations, has brought in $1.2 million of what it hopes will soon be a $2.7 million round of capital, reports VentureWire. This is a much lower amount than the $10 million the company said it had secured from In-Q-Tel, Chichen Itza Ventures, Jerusalem Venture Partners and Sutter Hill Ventures last February.
The company was founded as part of… Continue Reading
Dune snags $8.3M more for networking chips
Dune Networks, provider of network chips used to scale data centers and carrier equipment, has added $8.3 million to its second round of funding from Evergreen Venture Partners, Berkeley Ventures, Aurum-SBC Ventures, Jerusalem Venture Partners and U.S. Venture Partners. Previously, the Sunnyvale, Calif. company had raised $12 million in the round.
Dune says the new financing will go toward product development. It has raised $53 million in capital total — including contributions from past backers Cipio… Continue Reading
Emergent racks up $12.5M for game-development software
Emergent Game Technologies, a Calabasas, Calif.-based provider of applications used to develop video games more cost-efficiently, just raised $12.5 million in fifth-round funding to support the commercialization of a new product, slated to launch during the Game Developers Conference in late March. The company claims its technology minimizes cost and development time by cutting down on the required back-end of game software. Right now, its Gamebryo platform is used by Disney, Electronic Arts, and others… Continue Reading
Altair Semiconductor raises $22 million for cell phone WiMax processors
Altair Semiconductor has raised $22 million in a third round of funding for its cell phone chips. The chips can process so-called 4G wireless technologies, such as WiMax, which brings both voice reception and high-speed Internet data connectivity to cell phones. The chips can also process LTE (Long Term Evolution) cell phone signals and XGP (a Japanese wireless technology) network calls.
The company’s ALT2150 chip, a mobile WiMax processor, is in a variety of handsets already.
The… Continue Reading
Siano raises $17.5M for mobile TV chips
Mobile TV chip maker Siano has raised $17.5 million in a third round of funding. The financing was led by DFJ Tamir Fishman Ventures (the Israeli partner of Draper Fisher Jurvetson), with existing investors Jerusalem Venture Partners, Star Ventures, Walden Israel, Bessemer Venture Partners and Inventec Appliance also participating.
The Netanya, Israel-based company has now raised a total of $52 million. Siano says it has been expanding in Asia, particularly with the debut of a new… Continue Reading
Funtactix launches cross-platform Moondo gaming universe
Funtactix wants to set itself apart in online games by addressing one of the most annoying problems: the inability for users to take their game characters and achievements from one game to another. With the Moondo cross-gaming universe being unveiled today, you can do just that.
So far, the universe is small with two games involving shooting and racing. But Sam Glassenberg, chief executive of the Menlo Park, Calif. company, says the company’s 3-D engine allows… Continue Reading
IBM and Forterra teaming up on virtual world for spooks
Even spooks need their virtual worlds. Where else, after all, could they rehearse their training missions against the bad guys of the world?
Forterra Systems and IBM said today that they’re teaming up to create virtual worlds for U.S. intelligence-gathering agencies. The so-called “Babel Bridge” project will allow spy agencies to use virtual worlds and Web 2.0 technologies to share intelligence information. Last month, Forterra raised a $10 million round (our coverage).
The project will feature a… Continue Reading
Dune Networks takes $12M for ethernet switching platforms
A Sunnyvale, Calif. company that manufactures networking devices used in data centers and carrier’s ethernet switching platforms, Dune Networks was founded in 2000 and began selling its products four years later.
The company is its own fabless semiconductor supplier, but also has partnerships with companies including Altera, Intel and Lattice Semiconductor. It is currently making a profit, thought it has not disclosed the numbers.
The $12 million investment was led by US Venture Partners. Existing investors Alta… Continue Reading
Kovio raises $19.4M for printed electronics
Kovio, a Sunnyvale, Calif. developer of semiconductor products using thin-film technologies, or “printed electronics,” has raised $19.5 million in the first part of a fourth (series D) round of funding, according to a press release.
Pinnacle Ventures led the deal, which included previous investors Bessemer Venture Partners, DAG Ventures, DEA Capital, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Kleiner Perkins Caufield & Byers, NCD Investors and Yasuda Enterprise Development, according to the report. Since… Continue Reading
Emergent Game Technologies raises $12M more for game applications
Emergent Game Technologies, a Calabasas, Calif. company that makes applications to help with game development, said it has raised $12 million in a fourth round of funding.
The round was led by Jerusalem Venture Partners and Worldview Technology Partners, with some help from Adena Ventures, Walker Ventures, Copan, and Cisco Systems. Emergent says its its technology has been used in more than 200 gaming titles.
Here’s a story about the funding.
The company has so far raised… Continue Reading
Altair raises $18M for mobile WiMAX chips
Altair, an Israeli company, is joining the race to be at the forefront of what some believe will be telecom’s next hot trend—mobile WiMAX. Altair, which makes chips that work with mobile WiMAX networks, announces today an $18M round of funding.
Mobile WiMAX is considered attractive because, compared to Wi-Fi, it offers much greater range and broadband access, although it has plenty of critics.
Wireless is a complex space with enough acronyms—UMTS, 3G and 4G, LTE, HSPA—to… Continue Reading
Double Fusion raises $26M for in-game advertising
San Francisco’s Double Fusion, which offers a way to for advertisers to place advertisers in games, told VentureBeat this morning that it has raised $26 million in a financing round led by Norwest Venture Partners.
Existing investors Accel Partners and Jerusalem Venture Partners joined in the round, along with strategic investors Time Warner, Hearst Corporation, IDG Ventures Pacific and Sedona Capital (Japan), the company said.
The company was founded in 2004, and offers access to… Continue Reading