Loopt aims for that mobile, social and real-time sweet spot with Pulse
Mobile social network Loopt is getting into the real-time game with Pulse, which will bring recommendations for things to do to depending on where you are and what’s popular at the moment.
It pulls in data from content partners like Zagat, Daily Candy and Thrillist along… Continue Reading
Data Robotics takes $10M for data storage
Data Robotics, maker of data storage equipment for small businesses, has brought in $10 million in a fifth round of funding. The Santa Clara, Calif. company is backed by Focus Ventures, Greylock Partners, New Enterprise Associates, RRE Ventures and Sutter Hill Ventures.
RingCube boxes $211K to virtualize operating systems
RingCube Technologies, maker of operating system virtualization software that facilitates more portable computing, is offering $211,000 worth of rights and securities, according to a filing with the SEC. Based in Mountain View, Calif., the company is backed by Mohr Davidow Ventures and New Enterprise Associates…. Continue Reading
NEA rakes in $2.5B for new fund
New Enterprise Associates, which remains the largest venture firm in the business, announced that it is closing in on its $2.5 billion target for its new fund, its thirteenth, reports Dow Jones VentureWire. The firm says it will keep the fund open for a bit… Continue Reading
Engine Yard’s Rails app support gets another $19M
Engine Yard, a company that helps developers deploy and manage web applications built with the Ruby on Rails programming framework (which is popular for fast web development), has raised $19 million in a third venture round.
This brings the San Francisco company’s total funding to $37.5… Continue Reading
Vuclip raises $6M for mobile video search and delivery
Vuclip, a service that allows users to search for and call up videos on their mobile phones, has brought in $6 million in a second round of funding. Once it locates the video you want, it makes it play on a wide range of platforms… Continue Reading
Chelsio bags $9.3M for Ethenet unified wire offerings
Chelsio Communications, a company that provides 10-gigabite Ethernet unified wires, has brought in $9.3 million of a targeted $16 million round of venture funding, according to a filing with the SEC. The Sunnyvale, Calif. company did not list its most recent investors, but in the… Continue Reading
Serious Materials puts together $60M for green building supplies
Serious Materials, a developer and manufacturer of green building materials like windows and drywall, announced today that it has brought in $60 million in a third round of venture funding. The Sunnyvale, Calif. company didn’t say how it plans to use the money, though it… Continue Reading
Satmetrix takes $1M for customer loyalty software
Satmetrix Systems, a Foster City, Calf. company that rovides customer loyalty software, has raised $1 million in debt financing, according to a regulatory filing. VentureBeat last covered it when it acquired its rival Informative in 2007. It has raised about $30 million from Aspen Ventures,… Continue Reading
Glacier Bay solidifies $10M for power management systems
Glacier Bay, maker of high efficiency power and thermal management systems for trucking and aquatic applications, announced that it raised $10 million in new capital from the Westly Group, New Enterprise Associates and Quercus Trust.
The 18-year old company shifted to building energy-efficient HVAC and power… Continue Reading
Force10 lands $30M for networking hardware
Force10 Networks, developer of 10-gigabit networking hardware, has raised $30 million in equity, according to regulatory filings. The San Jose, Calif. company previously raised $125 million in its last, sixth round of funding in 2007. Past backers include Advanced Equities, Crosslink Capital, Meritech Investment Partners,… Continue Reading
Neotract raises $23.7M to treat urological and gynecological disorders
Neotract, maker of devices used to treat urological and gynecological disorders, has raised $23.73 million of a targeted $25.2 million second round of funding according to PE Hub. Based in Pleasanton, Calif., the company was backed in this round by Johnson & Johnson Development Corp…. Continue Reading
Sun sets on satellite operator ProtoStar
ProtoStar, a company that leases satellite usage to broadband providers in Asia, has filed for bankruptcy and is moving quickly to sell off its remaining satellites, reports VentureWire. The San Francisco-based company fell upon hard times when it lost two customers to the economic downturn,… Continue Reading
Greenwing taps SolFocus for utility-scale solar projects
GreenWing Energy Management, builder of large renewable energy developments, has chosen SolFocus to provide its concentrating photovoltaic systems for utility-scale use in the western U.S. The news comes only two weeks after SolFocus raised an additional $30.6 million in venture capital.
It’s the second victory for… Continue Reading
Hyperion raises $60M to battle urea cycle disorders
Hyperion Therapeutics, developer of treatments for urea cycle disorders and illnesses, has brought in $60 million in a third round of financing from Bay City Capital, Panorama Capital, Highland Capital Partners, New Enterprise Associates and Sofinnova Ventures.
Based in South San Francisco, the company recently completed… Continue Reading
Picaboo raises $1M for photo publishing services
Picaboo, a company that lets you publish your digital photography in professionally bound books and greeting cards, has brought in $1 million in equity and rights, according to VentureWire. Based in Palo Alto, Calif., the company hadn’t raised money since its undisclosed second round of… Continue Reading
Cloud provider Cassatt sells out to CA to avoid bankruptcy
Cassatt, the San Jose, Calif.-based provider of cloud computing environments, has sold its assets to public IT management firm CA for an undisclosed sum. The company has been in trouble for a while now, announcing its intentions to find a buyer back in April after… Continue Reading
LAN security provider Nevis short circuits, sells assets
Nevis Networks, provider of products used to secure local-area networks, has filed for bankruptcy after a drop in demand. Based in Mountain View, Calif., the company has also come up against tough competition from Microsoft and Cisco Systems. It will offload $500,000 in assets, but… Continue Reading
Hyperion brings in $13M for gastrointestinal relief
Hyperion Therapeutics, maker of pharmaceuticals to treat hepatology and gastrointenstinal conditions, has raised $13 million of an anticipated $15 million round of debt, according to VentureWire. Contributors have not been disclosed, but the South San Francisco, Calif. company had previously raked in $40 million in… Continue Reading
Deeya closes $30M for long-term electrical storage
Deeya Energy, provider of a unique battery for long-term electrical storage, has raised $30 million in a third round of funding to offer renewable and more efficient energy options. Based in Fremont, Calif., the company says it is poised to take advantage of a $46… Continue Reading