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.
Solvate raises $2.3M to help you hire remote office assistants
A lot of us are in a constant battle with busy work, where random administrative tasks end up consuming as much time as the stuff you care about. But not everyone can afford to hire an assistant. Now a startup called Solvate wants to connect… Continue Reading
Tendril grows consumer-facing smart grid with new $30M
Tendril, one of few companies that serves household energy consumption data to both utilities and consumers, has landed a fresh $30 million third round of capital led by VantagePoint Venture Partners. It plans to further expand its hardware and software systems and forge more partnerships… Continue Reading
Ember lands $8M for a hefty slice of the smart grid
The Ember Corporation, a major vendor of ZigBee wireless networking technology, just brought in $8 million in capital to connect household devices and appliances to the smart grid. Like most other companies in the space, the bulk of its business comes from equipping smart meters… Continue Reading
Sylantro and BroadSoft merge to form VoIP powerhouse
The voice-over-internet-protocol space just got less crowded. Big name BroadSoft has just acquired long-time competitor Sylantro Systems for an undisclosed sum. The merger may portend many to come for VoIP companies in 2009 as the recession encourages further consolidation, industry insiders predict.
BroadSoft and Sylantro are… Continue Reading
Rave Wireless snags $7M to up campus safety
Rave Wireless, developer of mobile applications tailored to university campuses, raked in $7 million in a fourth round of funding to continue work on software to heighten student security. Bain Capital Ventures, Sigma Partners and RRE Ventures contributed to the round.
The Framingham, Mass.-based company already… Continue Reading
Flipswap takes on $14M to buy your junky old cell phone
If you’re anything like the average Silicon Valley entrepreneur, right now you’ve got an iPhone in your pocket and a pile of old Blackberries in a drawer somewhere. But hopefully, with the help of recycling and resale companies like Flipswap, we’ll no longer keep old… Continue Reading
Kashless scores $5M for cleantech website
Kashless, a company founded by Martin Tobias, the former CEO of large biodiesel company Imperium Renewables, isn’t ready to come out of stealth mode yet. But a few details have emerged on the company, including a $5 million investment found out by peHUB.
The idea behind… Continue Reading
AdaptiveBlue takes a fresh tack with Glue, a semantic social network
AdaptiveBlue’s latest version of its browser plug-in is a complete revamp of its BlueOrganizer product. Now called Glue, it aims to synthesize semantic technology that connects information about books, music, movies and similar subjects with the browsing habits and commentary of your friends.
Take a book… Continue Reading
AdmitOne Security uses keystroke identification to screen users
Identity thieves are everywhere. A teenager snatched the login of his real-estate agent father and threw wild parties at homes that were up for sale. Students get someone else to take a test for them. Loan officers get hacked and the profiles of 7,000 of… Continue Reading
Data Robotics raises $15 million for Drobo backup storage business
Data Robotics has raised $15 million in a fourth round of funding for its consumer-focused Drobo backup storage business.
The Santa Clara, Calif., company makes “data robots,” or external backup storage units that make it easy to back up data on a computer or a network… Continue Reading
SkyGrid raises $11M to gather news for investors
SkyGrid, a news aggregator for investors, has raised $11 million in a second round of funding.
On its surface, the concept sounds a bit silly — can’t investors do Google News searches on their own? Or use a free news index like Bloomberg’s? Do they really… Continue Reading
Tendril, an energy efficiency startup, grabs $12M
Want to keep tabs on how much electricity your home is using? Tendril is one of a newer breed of energy-management startups that gives consumers a personal view of their consumption, but is still capable of tying in with and providing information to the utilities… Continue Reading
On Deck Capital looks to hire CFO, other staff
On Deck Capital, a New York City-based firm that provides financing to companies making $2 million or less in annual revenue, is looking to expand its team by hiring a chief financial officer, a vice president of sales and five other staffers.
According to its website,… Continue Reading
Roundup: File-sharing Pando gets funding, FCC may go after Comcast, Disney expects $1B from online
Here’s the latest action:
File-sharing company Pando Networks raising $20.9M — Pando Networks, a New York file-sharing company that uses P2P software to allow users to download, stream and share large media files quickly, has raised $8.1 million of a targeted $20.9 million round of capital,… Continue Reading
Drop.io raises $2.7M for private file exchanges
Drop.io is an online “exchange platform”, providing users with a place to upload files that they can then invite others to download.
The simple upload / download function doesn’t do much to distinguish the site from a service like YouSendIt, which does essentially the same thing… Continue Reading
Skyhook nabs $8.5 million for WiFi-GPS network
Skyhook Wireless, a Boston company seeking to become the first company to link GPS locations to Wifi hotspots nationwide to make it easier for advertisers to target mobile users, has gotten another $8.5 million in capital.
The four-year-old company has now raised $16.8 million. The financing,… Continue Reading
RecycleBank raises $13.1M to give people incentives to recycle
RecycleBank, a Philadelphia company that rewards people for recycling at home, said it has raised $13.1 million in a first round of funding.
RRE Ventures and Sigma Partners were the investors in the three-year old company.
Here’s the press release, and a snippet:
RecycleBank presents a business solution… 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… Continue Reading
Teja, multiprocessor co., acquired by ARC for loss
ARC International, a chip company in Elstree, England, said it has acquried the assets of Teja Technologies, a private San Jose, Ca. multiprocessor company, to help improve ARC’s products.
The acquisition price was $5 million, with $3.4 million paid upfront, and the rest distributed once certain… Continue Reading