Zayo Bandwidth raises $225M for fiber-based networks
Zayo Bandwidth, a Louisville, Colo. regional provider of fiber-based network services, has raised a whopping $225 million in private equity funding.
See the story in Rocky Mountain News.
It has quietly snatched up four fiber-optic networks in the eastern U.S. in recent months, the story says.
Lead… Continue Reading
Bolt hosed, shows the risks of video
GoFish, a video-sharing site much like YouTube, has acquired another video site, Bolt, to save that company from lawsuits that threatened to sink it.
The $30 million transaction, first reported by the NYT, is reportedly being used by New York’s Bolt to pay a settlement of… Continue Reading
Qualcomm acquires wireless co., Airgo, and bluetooth assets of RF Micro Devices
Qualcomm, the wireless chip company in San Diego, announced today it will acquire Palo Alto’s Airgo Networks, a hot WLAN technology provider for an undisclosed amount. VentureBeat had contacted Airgo about rumors of the acquisition last week, but had never heard back.
In a statement, Qualcomm… Continue Reading
Shop.com raises $10 million from Oak, others
Comparison shopping Web site Shop.com has raised $10 million more in venture financing, according to a regulatory filing first cited by PE Week.
This is a cut-throat market now, with dozens of shopping engines out there, and more showing up almost every day. We’ve mentioned the… Continue Reading
MobiTV has raised $100 for mobile TV
MobiTV, the Emeryville start-up that offers TV and other digital content to your mobile phone and other connected devices, is soaking up the cash.
It has just raised $30 million more in its third round of venture capital, GigaOm reports. This make for a total… Continue Reading
Oak raises record venture capital fund, despite mediocre performance
Venture capital firm Oak Investment Partners has raised the largest venture fund ever, despite a decidedly mediocre track record in recent years.
At $2.56 billion, Oak’s twelfth fund is just the latest example of a venture capital firm raising a whopping fund despite recent poor performance…. Continue Reading