PSS Systems gets another $18M for legal document software
PSS Systems, which dubs itself as “the standard for legal hold and management software” (basically document policy software), has closed a fourth round of funding
The plan is to use the money to expand PSS Systems’ legal governance product portfolio and its presence in the US… Continue Reading
Skyfire raises $13M to improve mobile web browsing
Skyfire has raised a $13 million second round of funding as it ramps up its campaign in the mobile browser wars.
The Mountain View, Calif. startup’s goal, says chief executive Nitin Bhandari, is to make a browser that makes the mobile web experience as close to… Continue Reading
Lightspeed Venture Partners raises fresh $800M global fund, looking to China and India
Some venture firms are having difficulty raising new funds, but top firms are still getting money with ease — in part to invest in fast-growing places like China and India.
In the past month we’ve seen Foundation Capital take $750 million, Kleiner Perkins grab $700 million,… Continue Reading
Friends For Sale creators raise financing, not for sale
In the often silly world of third-party Facebook applications, Friends For Sale is especially silly — and smart.
It’s a game where you and your Facebook friends compete to buy and sell each other as “pets,” with each person receiving a market-based virtual valuation.
The San Francisco-based… Continue Reading
ScaleMP debuts aggregate virtualization with $8M funding
A new sort of virtualization is appearing in companies like ScaleMP, which turns the conventional notion of splitting one server into multiple virtual systems on its head.
ScaleMP instead aggregates together multiple low-end systems to create a more powerful one. The technique can help with systems… Continue Reading
Outbrain, a news recommendation widget, raises $5M
Outbrain is a new start-up that gives blog readers a way to rate and recommend news items, by using a recommendation engine that is similar to Amazon’s feature that offers up other items that people like you have already enjoyed.
While there are several such “collaborative… Continue Reading
TZero raises $20M for ultrawideband chips
TZero Technologies, a Sunnyvale, Calif. wireless ultrawideband developer and chipmaker, is raising up to $20 million in a third round of funding, according to a financing documents sent to VentureBeat.
Ultrawideband is a wireless transmission technology with much higher speeds than WiFi, but it has not… Continue Reading
Pliant Technology raises $8 million for solid state storage
Pliant Technology, a Milpitas, Calif. maker of solid state drives for the enterprise computing market, wants to make them a mainstream storage solution.
The company is aiming for a first product release in the fourth quarter of this year, and should offer increased performance over standard… Continue Reading
Aquantia, a 10GB ethernet developer, raises $26M
Aquantia is developing 10 gigabit per second ethernet product for use in datacenters, like a number of other companies we’ve recently reported fundings for, including Tehuti Networks, Chelsio Communications and BridgeWave (here, here and here).
The Milpitas, Calif. company has not yet released any products, and… Continue Reading
Vestopia helps you invest by watching the pros
If you’re looking to invest online, you’ve got the choice of everything from “fantasy portfolios” to social networks. But what amateur investors really need, says San Francisco company Vestopia, is to look over the shoulders of the professionals.
Like famed Watergate journalists Woodward and Bernstein, Vestopia… Continue Reading
Neoscale, storage security company shuts down after eating through $44M
NeoScale Systems, a Silicon valley provider of data storage security products that ate through $44 million in venture backing, has shuttered.
NCipher, a “management specialist” company, has acquired the Milpitas, Calif.’ company’s assets for $1.95 million. The assets include NeoScale’s CryptoStor tape encryption product and KeyVault… Continue Reading
Roundup: “Bubble video” taken down, but singer gets $3M, Bahu, RivalMap, more
Here’s the latest action:
1. Bubble Video singer gets $3M
2. Bahu, a social network for European high schoolers
3. Vinod Khosla upset with California regulations
4. Technorati revises its front page yet again
5. Smilebox, a software download for sharing photos, videos and other media, raises $7 million
6. Microsoft… Continue Reading
Kosmix riases $10M more for search sites in health, autos, more
Kosmix, the Silicon Valley search engine company that focuses on specific topics, such as health, has raised $10 million more in backing.
Kosmix is run by co-founders (including Venky Harinarayan, pictured left) who came close to buying Google in 1999 when they represented Amazon. Google was… Continue Reading
MyBuys, behavioral targeting for online retailers, raises $10M
In case you haven’t noticed, one of the frothiest areas in start-up world lately is behavioral targeting.
With hordes of advertising money moving online, entrepreneurs can make a killing by analyzing user behavior, and hooking that user up with the right ads and products.
MyBuys, which tracks… Continue Reading
LS9 takes $15M to synthesize petroleum alternative
LS9, a Silicon Valley startup that hopes its technology may one day help replace petroleum, has taken $15 million more in funding.
The San Carlos, Calif. company uses synthetic biology to modify microorganisms in order to produce high-energy fuels, including to power cars (see our previous… Continue Reading
Roundup: Forterra, Appfuel, AOL’s plans? and more
Here’s a summary of the latest action. See below for more:
1) In-Q-Tel invests in Forterra Systems, a private virtual world creator
2) Appfuel, another Facebook ad network, but with better ad targeting
3) AOL to spin out advertising arm?
4) Project Playlist, for sharing music playlists on other… Continue Reading
Acquantia, IC maker, raises $19.17M of planned $25M round
Aquantia Corp, a Milpitas, Calif. developer of physical-layer transceiver ICs, has secured $19.17 million of a $25 million second round of financing, according to a regulatory filing cited by PE Wire. Pinnacle Ventures was joined by return backers Lightspeed Venture Partners and Greylock Partners. The… Continue Reading
Aerohive Networks raises $20M for controller-less wireless LAN
Aerohive Networks, a Santa Clara, Calif. company that offers a controller-less wireless LAN access point which it hopes will challenge competing products from Cisco, Aruba and Trapeze, has raised $20 million in second round o financing.
Kleiner Perkins Caufield & Byers led the investment, while prevoius… Continue Reading
Star Analytics, data integration company, raises $3.5M
Star Analytics, a Palo Alto, Calif. company that provides software to large businesses to help them integrate date for business analysis and financial reporting, said it has raised $3.5 million in a first round of venture capital financing.
The round was co-led by Hummer Winblad Venture… Continue Reading
TheFind, the clean shopping search engine, raises $15M more
TheFind is a comparison shopping search engine that is unusually clean — it doesn’t ask merchants to pay for their products to show up in results. TheFind’s traffic is growing.
This purity is one reason it has just won $15 million in fresh backing from big-name… Continue Reading