Bubble Motion raises $6M for mobile voice messaging
Bubble Motion, provider of a service that lets users send voice messages directly to others’ mobile phones like text messages, has raised $6 million in equity from undisclosed investors, according to regulatory filings with the Securities and Exchange Commission. Based in Mountain View, Calif., the company brought in $14 million in March 2008 from Comcast Interactive Capital, NCD Investors and Sequoia Capital — the last of which provided $10 million in 2007.
Panasas expanding market for parallel storage systems
Enterprise storage is a market dominated by big companies. But Panasas has found a niche providing parallel storage systems for the biggest supercomputers. The company has raised $25 million in a fifth round of funding, VentureBeat has learned.
The Fremont, Calif.-based company declined to comment on the funding. The round was led by Focus Ventures of Palo Alto, Calif. Other investors included Mohr Davidow Ventures, Carlyle Venture Partners, Centennial Ventures, and Northgate Capital Partners.
The company’s web… Continue Reading
Verdiem pulls in $12M for power-saving software
Verdiem, a Seattle, Wash. startup that makes PC software capable of reducing energy consumption across networks of computers, has raised a fresh round of funding as it expands.
Its Surveyor software can reduce the energy consumption of an average computer by about 30 percent, according to the company, lowering electricity consumption across the average organization by 3-6 percent. The payback time, it says, it 18 months or less.
Although this latest funding is Verdiem’s sixth, it is… Continue Reading
Bubble Motion gets $14M more for voice texting
updated
Bubble Motion, a Silicon Valley company that gives you a way to send text messages (SMS) with your voice instead of text, has raised $14 million in additional funding.
It came from existing investor Sequoia Capital, and new investors Comcast Interactive Capital and NCD Investors.
The company says in a statement that it has more than 135 million users worldwide, which we haven’t confirmed, but it sounds inflated. (Could the company really mean the technology is enabled… Continue Reading
ConSentry, raises $21M for a switch to rival Cisco
ConSentry, a Silicon Valley startup that says its Internet network switches are more efficient than those of giant incumbent Cisco, has raised a $21 million round of funding.
Switches are components that route traffic from through the wider Internet network.
However, large corporations that buy switches to route their traffic often demand security feature to control access (sometimes called Network Access Control). As networks have become faster, security has become more of a challenge, Consentry said.
ConSentry’s switches… Continue Reading
Kovio raises $19.4M for printed electronics
Kovio, a Sunnyvale, Calif. developer of semiconductor products using thin-film technologies, or “printed electronics,” has raised $19.5 million in the first part of a fourth (series D) round of funding, according to a press release.
Pinnacle Ventures led the deal, which included previous investors Bessemer Venture Partners, DAG Ventures, DEA Capital, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Kleiner Perkins Caufield & Byers, NCD Investors and Yasuda Enterprise Development, according to the report. Since… Continue Reading