Integral Development raises $11M for electronic foreign exchange trades
Integral Development, provider of a software platform that connects global financial institutions for electronic foreign exchange trading, just raised $11 million in a round of capital provided in part by Adams Street Partners. The system allows individual investors to make their own trusted trades or broker trades for clients, reports VentureWire.
Based in Mountain View, Calif., the 100-employee company has also taken financing from Accel Partners, Hudson Ventures, MMV Financial and Sand Hill Capital. It recently… Continue Reading
Soonr raises $3M to give mobile access to home computers
Soonr, maker of software that lets people access content on their home computers from their cell phones, just raised $3 million in third-round funding from Cisco Systems, Clearstone Venture Partners, Intel Capital and Sand Hill Capital, reports VentureWire. Last month, it announced the launch of an iPhone app that lets people open Microsoft Word, Excel and PowerPoint files on their mobile devices. The Campbell, Calif. company accomplishes this by sending and retrieving information to and… Continue Reading
4Info gets $20M more for text message advertising
4INFO, the Silicon Valley company that serves advertisements in mobile phone text messages, has raised another $20 million in funding.
The money comes from a previous backer, Peacock Equity, a joint venture between NBC Universal and General Electric Commercial Finance, according to a report in the WSJ. VentureBeat has heard that 4INFO’s advertising rates have plummeted since the onset of the economic downturn in October, though if it’s true, 4INFO would hardly be the only ad… Continue Reading
Controversial ad company Jellycloud shuts down
The deteriorating economy, and cloudy horizon for the advertising industry, has claimed one more victim: Jellycloud, the ad company I wrote last month that was the latest incarnation of team that ran the controversial Gator and Claria.
Last weekend, it threw in the towel, sent home its 36 employees, and assigned assets to a liquidator that will sell them off to the highest bidder. The company had raised $5.75M just a few months ago, and will… Continue Reading
The ad network that keeps changing its stripes: Gator, Claria, and now JellyCloud?
Can a tiger change its stripes? JellyCloud, an ad network company with a controversial past, hopes so.
About eight years ago, it operated under a different name: Gator. The Silicon Valley company attracted lots of users with a useful online vault to save all their personal password/login data in a single place. Its logo was a cute little gator head.
Problem was, it extracted a lot of personal information about you and observed your websurfing habits in… Continue Reading
SenSage raises $15M for data storage
Data warehousing startup SenSage has raised a $15 million round of funding led by new backer FTVentures.
The San Francisco company performs “log management”; In other words, it collects and stores data about a company’s online and IT activities, and that data can later be used for legal compliance, security and systems management. SenSage’s software is being used for a variety of purposes, including fraud detection by analyzing bank transactions, or sorting through call records for… Continue Reading
Storage company ONStor pulls IPO plan, raises $25M
ONStor, a data storage equipment maker that had hoped to go public, has pulled those plans and raised another $25 million from investors.
We wrote about OnStor here when signaled its intent to go public, and mentioned the large number of storage companies that were seeking to go public, even when they were losing money and facing fierce competition. 3Par, Compellent, Data Domain and Netezza all held IPOs last year, and all of their stocks have… Continue Reading