Dilithium lands $10.9M for wireless multimedia systems
Dilithium Networks, provider of converged video services for wireless internet and mobile applications, has brought in $10.9 million of an $18.1 million round of equity and securities, according to a filing with the SEC. Based in Petaluma, Calif., the company is backed by CM Capital… Continue Reading
Ruckus nabs $10.7M for Wi-Fi for internet TV
Ruckus Wireless, maker of Wi-Fi routers for internet television, has brought in $10.7 million of an anticipated $12 million sixth round of venture funding, according to a filing with the SEC. The Sunnyvale, Calif., company did not disclose investors in the round so far but… Continue Reading
Dilithium ropes $8M for wireless multmedia systems
Dilithium Networks, provider of converged video services for wireless internet and mobile applications, has opened a round of funding targeted at $8 million. It last raised $18 million in 2005, bringing in $33 million total over three rounds from CM Capital Investments, Deutsche Bank, Infocomm… Continue Reading
Pocket PC maker OQO shopping for buyers
OQO, a maker of pocket-sized personal computers with capabilities similar to laptops, is looking to be bought after running short on cash. Already in talks with a few potential matches — none of which it would disclose — the San Francisco company says its acquisition… Continue Reading
Siimpel raises undisclosed round for low-power micro-cameras
Siimpel, manufacturer of precise low-power mobile and digital cameras, announced an undisclosed round of strategic funding from LG Innotek. The Arcadia, Calif. company previously raised $75 million from backers Motorola Ventures, DOCOMO Capital, Draper Fisher Jurvetson, Global Catalyst Partners, Portage Venture Partners, Scale Venture Partners,… Continue Reading
VivoTech tacks on $8.6M for wireless credit-card transactions
VivoTech, provider of infrastructure for wireless credit-card transactions, just added $8.6 million to a now $40 million third round of funding open since 2007. Its technology lets people make payments via radio frequency enabled credit and debit cards and some mobile phones. The Santa Clara,… Continue Reading
Zoom takes in $20M for high-end vending machines
Zoom Systems, the San Francisco-based provider of luxury-good vending machines, just brought in $20 million in fifth-round funding to increase its market presence in the U.S. and Japan. You may have already spotted its machines (termed “automated retail stores”) in airports and shopping malls. By… Continue Reading
Force10 and Turin merge, pool their capital and clients
Network builder Force10 Networks has merged with Ethernet services provider Turin Networks to create a powerhouse in both spaces, with an impressive list of clients, numbering 1,300 (including eHarmony and Facebook), reports peHUB. More significant than that is the marrying of two significant pots of… Continue Reading
Asset tracker SkyBitz brings in $8M
SkyBitz, a provider of satellite-based asset tracking and monitoring services, received an $8 million loan from Orix Venture Finance. Clients can gather information about any assets tagged with special SkyBitz devices. The Sterling, Va.-based company hopes to use these funds to diversify its offerings and… Continue Reading
Dexterra raises $21.5M to expand mobile platform, carrier partnerships
Mobile business software provider Dexterra announced today that it scored $21.5 million in sixth round financing from existing investors led by New Enterprise Associates and including Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This brings the company’s total funding to $106.5… Continue Reading
Motorola invests in DesignArt Networks, a WiMax network chip maker
Motorola’s venture capital arm, Motorola Ventures, has invested an undisclosed amount of money into DesignArt Networks, an Isreali company that says it is making chips for WiMax networks that are higher-grade than competitors.
WiMax is widely considered as a promising technology because it provides broadband for… Continue Reading
Life sciences briefing: Tuesday, Jan. 22, 2007
TODAY’S HEADLINES:
Teva acquires protein-therapeutic maker CoGenesys for $400M (release)
ViewRay takes in $25M for MRI radiation-therapy guidance (release)
NovaMed, Chinese clinical-research outfit, receives $14M (release)
Progentix Ortho raises first funding round (release)
Medical imaging co. Point Biomedical recaps with $25M (VentureWire)
Lumidigm takes in $7M for optical-fingerprint ID systems (VW)
Medical-software… Continue Reading
VivoTech, the mobile payment company, raises money from Motorola
Motorola Ventures has invested in ViVOtech, a Santa Clara, Calif. maker of radio frequency chips and software that lets mobile phone users make payments with credit cards
Motorola’s investment, the amount of which was in the single-digit millions (but otherwise undisclosed), follows a financing round of… Continue Reading
Ruckus Wireless raises $7.5M more for IPTV router
Ruckus Wireless, a Sunnyvale, Calif. maker of a WiFi router for Internet television in the home, has raised $7.5 million in a fifth round of funding from existing investors, according to VentureWire (subscription required).
It also said it has signed a deal with Deutsch Telekom to… Continue Reading
MFoundry, mobile financial services company, raises $15M more
MFoundry, a Sausalito, Calif., company that offers personalized mobile financial services over the mobile phone, said it has raised $15 million in a third round of funding.
It was led by Motorola Ventures. PayPal, NCR Corporation and an unnamed “leading wireless operator” also joined the round,… Continue Reading
BroadLight, supplier of passive optical network equipment, raises $12M
BroadLight, a supplier of “gigabit passive optical network” (GPON) semiconductors and software, said it has raised a $12 million fifth round of financing.
The round was led by Benchmark Capital, and included existing investors Azure Capital Partners, Broadcom, Cipio
Partners, Delta Ventures, Israel Seed Partners, Motorola Ventures,… Continue Reading
BroadLight, optical communications co, raises $12M more
Israeli optical communications start-up BroadLight Inc, which also has offices in Mountain View, Calif., has raised $12 million in its fifth round of financing.
Benchmark Capital led the round. Existing shareholders include Motorola Ventures, Azure Capital Partners, Delta Ventures, Israel Seed Partners, Star Ventures, Cipio Partners,… Continue Reading
Turin Networks, telecom equipment maker, to bring in $50M more
Turin Networks, a Petaluma, Calif.-based telecom equipment maker, apparently is struggling, and looks to have taken between $26 million and $35 million financing at worse terms than previously.
Called a recapitalization round, this sort or refinancing typically lowers the value of the company, so that new… Continue Reading
Amberpoint raises $9M for SOA runtime governance software
AmberPoint, an Oakland, Calif. provider of a network management software, has raised $9 million in fifth round of funding.
The funding comes from software giant SAP and existing investors, including Crosslink Capital, Meritech Capital Partners, Motorola Ventures, Norwest Venture Partners and Sutter Hill Ventures.
Amberpoint calls itself… Continue Reading
Amimon, fabless semiconductor co. for wireless data, gets Motorola investment
Amimon, a fabless semiconductor company with U.S. headquarters in Santa Clara, Calif. focused on wireless uncompressed high-definition video, has raised an undisclosed amount of strategic funding from Motorola Ventures.
See the press release here.
Last year, Amimon raised $14 million in a second-round funding from Stata… Continue Reading