Pixim raises funds for high-quality surveillance camera chips
When you have a lot of customer traction, it isn’t hard to raise more money. Pixim, whose chips are used in hundreds of models of security cameras, has proven that by raising $13 million in a new round of funding from existing investors.
That means the company has raised over $100 million since its launch in 1999. Backers for the maker of image sensors and processors include Mayfield Fund, Ridgewood Capital and Tallwood Venture Capital. The… Continue Reading
$40M rains on Novariant to grow agricultural GPS systems
Novariant, developer of GPS and other location-based systems used to drive agricultural equipment hands-free, took in $40 million in a fourth round of funding led by Investor Growth Capital. The Fremont, Calif.-based company will use the new money to scale operations.
Its flagship AutoFarm line of products is intended to cut down on personnel demands and up crop yields — something most farmers pinched by the downturn are looking to do. Equipment driven by GPS is… Continue Reading
Atempo raises $22M more for data backup, recovery and archiving
Atempo, a Palo Alto, Calif. company that provides data backup, recovery and archiving services to businesses, has raised $22 million in a second round of funding.
Here’s the announcement.
The company’s software works on Windows, Mac, Linux, Unix, and iSeries operating systems and so has been attractive to businesses that have a mixture of operating systems.
The company says it has more than 3,000 customers.
The financing came from Intel Capital, which led the round, Steelpoint Capital Partners and… Continue Reading
CIA venture arm In-Q-Tel invests in video camera chip company, Pixim
Updated
Pixim, a Mountain View, Calif. company that builds chips for videos cameras that improve color, and reduce blooming and smear in bad lighting conditions, has added more money to its second round of financing.
In-Q-Tel, the venture arm of the U.S. intelligence agencies, participated in the latest financing, the company said in a statement.
Tallwood Venture Capital, Ridgewood Capital and Mayfield Fund have also contributed to this extension of the company’s second round, an extension totaling $15.3… Continue Reading
Sun buys mobile phone Java operating system co., SavaJe
Sun Microsystems has acquired Chelmsford, Mass.’ SavaJe, an open standards Java mobile phone operating system, for an undisclosed amount.
See story here.
The amount was undisclosed.
The company raised more than $80 million across several rounds of financing since 1999, when it started as a spin-out from Lucent and got backing from that company, and later getting several rounds of backing from Vodafone Ventures, Ridgewood Capital Management and RRE Ventures.
Other backers over the years were T-Mobile, France… Continue Reading
Pixim raises $15M for high-performance chipset for video cameras
Updated
Pixim, a Mountain View, Calif. company that builds chips for videos cameras that improve color, and reduce blooming and smear in bad lighting conditions, has raised $15 million.
The investment comes from Tallwood Venture Capital, Ridgewood Capital, Mayfield Fund and unnamed others.
Pixim’s chipset is called Orca, and the company says it has set a new standard for wide dynamic range.
From a company’s statement:
In recent test results published by Protector Magazine, the leading physical security publication… Continue Reading