Aragon buys software code analysis co. Krugle
Aragon Consulting Group announced its acquisition of San Mateo, Calif.-based Krugle, a provider of code analysis and maintenance technology. The financial terms of the deal were not disclosed. Krugle had been shopping for a buyer for a while, needing funds to continue marketing its first product — Krugle Enterprise, a searchable source code library — released 10 months ago. Aragon, which specializes in outsourcing software development for companies, says it will continue to offer Krugle… Continue Reading
Deca.tv snaps up $10M for online production studio
Deca.tv, the web site of the Digital Entertainment Corporation of America, just brought in $10 million in a second round of funding to produce and distribute video content across the internet.
Based in Santa Monica, Calif., the company is the brainchild of Sony Pictures alums Chris Kimbell and Michael Wayne, who were interested in creating professional-grade digital shows for a variety of other web properties. They already have a project with popular blog BoingBoing in the… Continue Reading
MC Hammer offers entrepreneurial advice to Intel Capital’s CEOs
It was Hammer Time tonight at the Intel Capital dinner.
With some 600 start-up chief executives in the audience, entertainer MC Hammer offered ministerial advice (embrace technology, don’t forget community) for tech entrepreneurs from a “content guy’s” perspective. With references to “tweets” and rubbing shoulders with the tech elite at the D6 conference, the middle-aged rap artist showed he knew his technology.
He started by showcasing musicians from his own music label (including his talented daughter) and… Continue Reading
Untangle raises $8 million round to expand overseas for open-source security appliances
Untangle has raised $8 million in a second round of funding for an overseas expansion of its open-source networking and security business.
Investors include CMEA Ventures and Rustic Canyon Ventures, the same companies that invested $10.5 million Untangle’s first round of funding, according to VentureWire. (Our previous coverage of Untangle is here).
The company has raised about $20 million to date. Based in San Mateo, Calif. and founded in 2005, the company makes network and security appliances… Continue Reading
Twofish Elements launches for micro-transaction economies on games — and someday, the web?
In the olden days, you went to the store or a catalog and bought a game. Then, you played to your heart’s content, and never paid again.
That model has changed, as a variety of others appeared: Subscription-based online worlds, free ad-based online games, and micro-transaction games where you pay a small amount each time you want to enjoy a new feature of the game. That last category, according to Twofish Elements CEO Lee Crawford, will… Continue Reading
Hidden City Games raises $15M for trading cards
Hidden City is a Seattle startup by former Wizards of the Coast managers, the company that makes the massively successful Magic: The Gathering and Pokemon franchises.
Like Wizards, HCG is focused on collectible card games. The company already has a successful product, the Bella Sara line of cards for girls.
The funding is the company’s second, from Trinity Ventures and Rustic Canyon Ventures. [via peHub]
Trion raises $30M for bold bet for new online games
Trion World Networks, a company promising to deliver new kinds of interactive online games, has raised a whopping $30 million in capital without having launched a single product.
The huge financing is a bold bet that an unproven company, formed early last year, can nevertheless exploit a “disruptive cycle” in the media and entertainment world to produce new online games of value. Nate Redmond, a partner Rustic Canyon, the company’s lead investor said the company… Continue Reading