Video ad network Tremor snaps up funds from SAP
Tremor Media, the large online video advertising network, announced that it brought in an undisclosed amount from SAP Ventures, SAP’s investment arm, among others, in a strategic round of funding. According to the regulatory filing with the SEC, Tremor recently increased the round by $2 million. It plans to use the money to continue building out its offerings.
The New York company is known for its Acudeo video monetization system. It says the alliance with SAP… Continue Reading
Video ad network Tremor Media raises $18M
Large video advertising network Tremor Media announced that it raised $18 million in a third round of funding so that it can invest in other video technologies, like video ad monetization platform Acudeo. Earlier this month, the New York-based company sealed a deal with web monitor comScore to provide gross rating points for online videos (just like TV commercials). According to comScore, Tremor is the fourth largest aggregator of streaming video on the web behind… Continue Reading
Compliance software maker Autonomic fails to rebrand, shutters
Autonomic Networks, the very recently reinvented version of Vernier Networks, has finally given up the ghost after failing to raise a new round of capital. The Mountain View, Calif.-based maker of software that monitored compliance with network security protocols had just launched a beta of its lead product in October. At that point, it already had five clients enlisted for the trial and expected to bring on seven more.
But even then it was running on… Continue Reading
Newsgator’s focus on RSS for business is paying off
RSS services provider Newsgator has focused much of its effort over the past year on developing products for businesses, and that effort seems to be paying off. The last two quarters were the company’s most profitable ever, partly because it has landed major clients across industries like finance, manufacturing and aerospace. It has also closed a $10 million sixth round of funding from Masthead Venture Partners, Mobius Venture Capital and Vista Ventures, and existing investors.
RSS… Continue Reading
Compliance software maker Autonomic has a brand new bag, beta
Autonomic Networks has released a beta of its new compliance and auditing software, having dumped its old name (Vernier Networks), its old leader (replaced by new chief executive Paul Stich two months ago), and its old focus (network access control) all in the past year, reports VentureWire.
The Mountain View, Calif.-based company now specializes in software and equipment to help companies enforce and monitor compliance with network security protocols. It can tell you who is accessing… Continue Reading
Packet Design takes $12M, likely the final round
Network routing and traffic analysis equipment maker Packet Design has raised a fourth round of funding, according to VentureWire.
This round, which Packet Design expects to be its last, will be used expand internationally.
This $12 million round following a $7.5 million third round secured in late 2006. An acquisition is the likely end game given the poor state of the IPO market, Packet Design board member Wes Raffel told VentureWire.
The Santa Clara, Calif.-based company was first… Continue Reading
Investors find Chumby endearing as well with new $12.5 million round
Personal electronic devices with Internet connections are all the rage these days. A small, part touch-screen, part stuffed animal called Chumby is hands down the most endearing of these.
Chumby’s parent company, Chumby Industries, announced today a new round of financing to expand the reach of its cute device. Interestingly, the company is also looking to expand beyond the Chumby into other devices that use screen interaction such as digital picture frames and possibly even LCD… Continue Reading
NewsGator, finding success with business customer, raises financing
RSS services company NewsGator has gained a promising number of business clients even as its consumer-focused feed reader services face increasing competition from Google, Yahoo and others.
RSS, often called Really Simple Syndication, has proven to be a key web standard, and NewsGator is one of the many companies to benefit. RSS is a method of formatting data in a software service, such as the text or photo of a blog post, structured so that the… Continue Reading