RedSeal takes $12M for security software
RedSeal Systems, developer of cybersecurity software that estimates and manages risk, has raised $12 million in a third round of venture funding led by OVP Venture Partners. Based in San Mateo, Calif., it is also backed by Venrock, Jafco Ventures, Sutter Hill Ventures and Leapfrog… Continue Reading
RedSeal closes in on $12M for to manage security risks
RedSeal, a maker of software that keeps track of security risks for businesses, is just $200,000 shy of a $12 million round of equity, according to a filing with the SEC. The San Mateo, Calif. company is backed by Jafco Ventures, Leapfrog Ventures, Sutter Hill… Continue Reading
New funds puff up Cloud9 for business intelligence software
Cloud9 Analytics, maker of software that aggregates business intelligence for company leaders, has raised an undisclosed amount in second-round capital from InterWest Partners and Leapfrog Ventures, reports VentureWire. Both firms had also supplied the San Mateo, Calif. company’s $5 million first round of financing in… Continue Reading
FastScale secures $5.5M for cloud management
FastScale Technology, a provider of tools for managing virtual computing environments and data centers, has raised $5.5 million in a second round of funding from ATA Ventures, Leapfrog Ventures, Hunt Ventures and an undisclosed corporate investor.
Based in Santa Clara, Calif., the company’s flagship software, FastScale… Continue Reading
Avaak brings in $7M to prep wire-free camera
Avaak, a creator of video networking technology, received $7 million in its first round of private funding — money that will go toward putting the finishing touches on its new camera system, the Vue Personal Video Network. Even though it was initially developed for homeland… 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… Continue Reading
Peanut Labs, social network turned market research company, raises round
Peanut Labs is a great example of how an inexperienced yet scrappy team can scramble toward a new strategy to save themselves. The company, formerly called Xuqa, has just raised a $3.2 million round of capital to bolster it in its new mission.
Xuqa, you’ll recall,… Continue Reading
Roundup: Amazon S3, VentureBeat go down, Montalvo’s mobile chip and more
1. Amazon S3, VentureBeat go down
2. Montalvo Systems vs. Intel, with chip for handheld devices
3. Fox Interactive to introduce “music Hulu for MySpace”
4. Yahoo’s board moving against Yang
5. Google searchers are wealthier, buy more online
6. Xobni hires Jeff Bonforte away from Yahoo, to be its… Continue Reading
Like, the online visual search company for shopping, raises $3.3M
Like, the San Mateo company lets you search for items to buy based on visual characteristics you’re looking for, has raised $3.3m more in financing.
Like’s chief executive Munjal Shah has proven nimble. He started two years ago with photo search, with a product originally called… Continue Reading
Compassoft, provider of SOX regulatory software, raises $7M
Compassoft, a Scotts Valley, Calif. provider of SOX regulatory compliance and enterprise risk management software, has raised $7 million in a second round of funding, according to a regulatory filing cited by PE Week. Return backers included Advanced Technology Ventures and Leapfrog Ventures.
RedSeal Systems, a security risk management co., raises $17.1M
RedSeal Systems, a Redwood City, Calif. security risk management company, said it has raised $17.1 million of new capital.
This round was led by Venrock Associates and included JAFCO Ventures and existing investors Sutter Hill Ventures and Leapfrog Ventures.
Announcement is here.
Ironkey, maker of secure USB flash drive, raises $7.9M
IronKey, a Los Altos, Ca. company that makes a high-speed encrypted USB flash drive device, has raised $7.9 million in financing.
Of that, $6 million was raised late last year from Leapfrog Ventures and other investors, $500,000 came more recently from debt provider Western Technology. The… Continue Reading
FastScale raises $6.5M for data center management product
FastScale Technology, a Sunnyvale, Ca. startup that wants to sell software that helps companies management their data and use fewer servers, said it has raised $6.5 million in a first round of funding from ATA, Leapfrog and Hunt Ventures.
There are many companies targeting this area…. Continue Reading
Chip companies getting harder to back
It’s getting harder to fund chip companies.
Venture capitalists say the investment payoffs are lower than they used to be. Few companies go public at $1 billion valuations anymore. Mercury News chip expert Dean Takahashi has a good summary of the sector’s challenges.
This sentiment follows the… Continue Reading