KnowNow gets $13M more for RSS delivery — a lot of cash
KnowNow, a Sunnyvale company founded in 2000 and an early player in helping companies deliver data and information via RSS, said in a statement it has raised another $13 million.
This is a large amount of cash for the RSS area, where technology is relatively straight-forward. Though perhaps VentureBeat is missing something, and we’ll be in touch with the company to ask about its strategy. We’ll assume the company is in significant hiring mode, to try… Continue Reading
Rapt, Accel & Levensohn settle with co-founders in ten days
Just ten days after two co-founders of San Francisco pricing software company Rapt sued its venture backers, the case has been settled.
We thought it would be quick (see our original story here), because high-profile venture firm Accel Partners, and another valley firm, Levensohn Venture Partners, likely wanted to get it over with. But terms of the settlement were undisclosed, according to PE Week, which covered the suit and first reported the settlement Friday.
The two co-founders… Continue Reading
Fusion Dynamic launches with $6 million — Hezbollah missiles be damned
A Mountain View start-up called Fusion Dynamic, which allows companies to easily manage their data centers, has set a milestone for tenacity and for Israeli entrepreneurial drive.
The company launched today, announcing it has raised $6 million from Israeli venture firms Tamir Fishman Ventures, Evergreen Ventures, and Decima Ventures.
The intriguing back-story to this company, though, happened several weeks ago, when it held a meeting in Israel and sat through increasing hostilities even as Hezbollah shells began… Continue Reading