Thumbplay wrangles $6M for mobile content distribution
Thumbplay, provider of ringtones, wallpapers, games and other content specifically tailored to mobile phones, announced that it brought in $6 million in a sixth round of funding to cushion its business against the downturn. Based in New York, the company says that with the funds, it should find itself poised to expand rapidly once the slump ends sometime next year.
Not that Thumplay isn’t already pretty well positioned to take advantage of the opportunities that do exist… Continue Reading
Greenplum raises $27M for business intelligence database software
Greenplum, a San Mateo, Calif. provider of open source database software for business intelligence, said it has raised $27 million in a third round financing.
It was led by Meritech Capital Partners, and includes Sun Microsystems and SAP Ventures, a division of software giant SAP.
The new funds will be used to continue development of Greenplum’s database, the company said, as well as to help market the product globally. The company says the global database market is… Continue Reading