VBrick snags $10.4 for streaming video
Vbrick Systems is a relatively old member of the online video scene. For a decade it’s provided technology to websites for video hosting. As the field has evolved, so has the company, which just raised $10.4 million and plans to launch new hardware and software for streaming and pay-per-view video. The contribution went toward a $15.7 million sixth round of funding that remains open.
The Wallingford, Conn.-based company also hopes to bring in money by embedding… Continue Reading
iRise gets $20M to mock-up your software
iRise has raised $20 million to help companies model their software before a line of code gets written.
iRise, like competitors Blueprint and Serena Software, is trying to reshape the standard model of software development. Traditionally, the business analysts and other decision makers outline what they want using Microsoft PowerPoint or Visio, or perhaps something as low-tech as pen and paper. Then, the tech crew takes the outline and builds a mockup or the product itself.
Unfortunately,… Continue Reading
LSI buys Tarari, a network security-control co., for $85M
LSI Corporation said it has agreed to acquire Tarari, a San Diego, Calif. maker of chips and software for network security and control, for approximately $85 million in cash.
According to the statement:
Tarari products enable high levels of performance for content-aware networking applications such as anti-virus, anti-spam, intrusion detection and prevention, XML security and advanced network control. Additional services include compression, cryptography and encoding for a wide variety of applications.
It was spun out of Intel Corp…. Continue Reading
DiscoveRX raises $5M more for drug research technology
DiscoveRx, a Fremont, Calif. company that offers biochemical and cell-based assays to make drug research more efficient, has raised $5 million more to its second round of funding, VentureWire reports (sub required).
This adds to $21.2 previously raised in 2000 and 2002.
Ivestors included previous invetors, Alta Partners, eHealth Technology Fund, Morgan Stanley Venture Partners and Skyline Ventures.