Microchip Biotech eyes launch with new $18.1M
Microchip Biotechnologies, maker of technology used in DNA sequencing, has brought in $18.1 million to launch its product on the market. Based in Pleasanton, Calif., the company is backed by Domain Associates, Samsung Ventures, Western Technology Investment, In-Q-Tel, Rona Syndicates and private individuals.
Envivio raises $25M for video compression
Envivio, a South San Francisco, Calif. company that handles video compression for broadcasting companies, has taken a significant $25 million financing.
The platforms that Envivio is aimed at include most of the largest markets — mobile TV, Internet TV and IPTV. The company works with standard video compression codecs like H.264 and Windows Media Video to make content more easily deliverable.
The funding amount is large, but not surprising. As video grows on the Internet, a number… Continue Reading
Beceem raises $40M more for mobile WiMax offering
Santa Clara’s Beceem Communications, a leading provider of WiMax chips for mobile phones, said it has raised more than $40 million in a fourth round of financing, and may raise more.
The promise of WiMax is that it ranges as far as 10 miles, while WiFi reaches only a few hundred feet. It’s challenge is that is just now being rolled out, and so it is untested in most of the world. Intel wants to use… Continue Reading
Jay Eum leaves Samsung Ventures to form his own fund
Jay Eum, the head of the U.S. office of Samsung Ventures, the venture arm of the Korean company Samsung, is leaving to form his own venture capital firm.
A source informed VentureBeat last week of the news, but it was confirmed yesterday when Eum sent out a note to contacts, saying this was his last week, and that he and a couple of partners will start an “early expansion stage venture fund focused on connecting US… Continue Reading
Intematix raises $16.5M for solid-state lighting and other material discovery
Intematix, a material discovery company based in Fremont which specializes in supplying phosphors used for solid-state lighting and displays, said it has raised $16.5 million in a third round of venture capital.
Solid-state lighting, in which light is emitted from solid objects (light-emitting diodes, or LEDs), and not from a gas, does not waste as much energy as traditional sources of light. It has been termed a technology of the future.
The financing was led by Crosslink… Continue Reading
Chip design co., Atrenta raises $16M more
Atrenta, a San Jose start-up that offers chip design analysis software using standard SpyGlass technology, has raised $16 million in venture capital.
Investor Growth Capital led this fourth round of financing for Atrenta, while Samsung Ventures, Hercules Technology Growth Capital also became new investors. Existing investors Venrock Associates, TL Ventures, Smart Technology Ventures, Investcorp Technology Ventures and Finaventures participated.
In conjunction with the financing, Jose Suarez of Investor Growth Capital has joined Atrenta’s Board, and Bill… Continue Reading