Vidyo pulls in $7M for video conferencing tech
Vidyo, a New Jersey company that provides high-definition video conferencing services, has brought in $7 million in debt and rights financing, according to a filing with the SEC. Earlier this year, it raised $15 million in a third round of venture funding to build its… Continue Reading
Satmetrix takes $1M for customer loyalty software
Satmetrix Systems, a Foster City, Calf. company that rovides customer loyalty software, has raised $1 million in debt financing, according to a regulatory filing. VentureBeat last covered it when it acquired its rival Informative in 2007. It has raised about $30 million from Aspen Ventures,… Continue Reading
Spray-on solar ink is coming soon — to paint on roofs and generate energy
[Update: We've clarified this story to make clear that Innovalight is not involved with this project]
Technology to turn light-absorbing materials into nano-size particles to make so-called solar ink that can be sprayed on to roofs to generate energy, is apparently only three to five years… Continue Reading
Limerick BioPharma raises $1.5M to limit drug side effects
Limerick BioPharma, a South San Francisco firm specializing in drugs that curb the side effects of other drugs, has brought in $1.5 million in debt, rights and securities that it plans to use as working capital, according to VentureWire. Formerly called Limerick Neurosciences, the company… Continue Reading
Slacker raises $9.6M for player that customizes radio on the go
Slacker, popular internet radio provider and maker of a customizable radio-listening device, has brought in $9.6 million of what it hopes will be a $10.2 million third round of funding. Based in San Diego, Calif., the company now offers the same radio stations and capabilities… Continue Reading
Videoconference co. Vidyo raises $15M
High-definition videoconference company Vidyo just announced a $15 million third round of financing that it will use to further its leadership in the personal telepresence market. The funding was part of a total $38 million the New Jersey-based company has raised since its inception. Menlo… Continue Reading
Airband books $3M for its fixed-wireless network
Airband, the Dallas-based provider of a fixed-wireless network for businesses, announced that it brought in $3 million in sixth-round funding from undisclosed investors to continue building out its existing network.
The nine-year-old company gives its clients access to broadband wireless data, voice over IP service, and… Continue Reading
AT&T acquires Wayport for $275M — now has 80,000 hot spots
AT&T has acquired Wayport, a company that built out about 8,000 WiFi hot spots including in places like McDonald’s, for $275 million in cash. The move is another signal that AT&T intends to become a WiFi access point giant — the company now boasts 80,000… Continue Reading
Vidyo raises $3M more for videoconferencing
Video conferencing provider Vidyo tacked $3 million onto an already $12 million second round of funding to provide high-definition services, VentureWire reports. The extra money came from Menlo Ventures.
The Hackensack, N.J. company previously pulled $5 million in first-round funding from Rho Ventures, Sevin Rosen Funds… Continue Reading
Innovalight rakes in $5M for solar cell ink
Investors Leader Ventures and Silicon Valley Bank have shined on solar cell company Innovalight, providing $5 million in new financing toward the development of silicon solar modules so small they can be painted onto surfaces like ink.
The Sunnyvale, Calif. company uses liquid processing of silicon… Continue Reading
YouSendIt gets $14M to send large files
YouSendIt, a company that lets you send and receive large files through your email, has raised $14 million in a third round of funding.
The financing comes from new investor Emergence Capital Partners (the online services-focused firm best-known for backing Salesforce.com) and existing investors Sigma Partners,… Continue Reading
Limerick BioPharma raises $15.2M for drug bioavailability
A stealthy life sciences startup called Limerick BioPharma has raised $11 million in venture funding and $4.2 million in debt, according to VentureWire. The participants in the round are not clear, but Arch Venture Partners, Sevin Rosen Funds and Altitude Funds are all listed as… Continue Reading
Reliable email proves to be worth $40M more for Teneros
According to a research report cited by Mountain View-based Teneros, the average business experiences seven hours of email downtime each year.
Can you survive without your email? Apparently those businesses can’t, and they hire firms like Teneros to provide “application continuity” for Microsoft Exchange, the software… Continue Reading
Alder Bio and its yeast-produced antibodies take in $40M
Alder Biopharmaceuticals, a Bothell, Wash., developer of antibody drugs, raised $40 million in a third funding round. Investors included Delphi Ventures, TPG Biotech, Sevin Rosen Funds, Ventures West, H.I.G. Ventures, and WRF Capital.
Alder develops antibody-based drugs for inflammation and autoimmune disease. The company’s lead candidate,… Continue Reading
Airwalk latest company to pitch femtocell technology
updated
Airwalk Communications is part of a wave of companies developing “femtocell” technology, which lets your cell phone run on your home WiFi networks (update: the company only works on CDMA networks, not WiFi), and allows you to route calls over your land-line too. The Richardson,… Continue Reading
Caught up? Here’s everything from Blekko, Dash’s price, to Android sighting
The holiday break felt especially long this time, so here’s a longer roundup than usual — of everything you may have missed over the last few days:
Ebay’s Kijiji tries to tar Craiglist’s reputation — The NYT has a story about Kijiji, a competitor to online classifieds… Continue Reading
Neoscale, storage security company shuts down after eating through $44M
NeoScale Systems, a Silicon valley provider of data storage security products that ate through $44 million in venture backing, has shuttered.
NCipher, a “management specialist” company, has acquired the Milpitas, Calif.’ company’s assets for $1.95 million. The assets include NeoScale’s CryptoStor tape encryption product and KeyVault… Continue Reading
GigaFin Networks, struggles, tries new direction: firewalls
GigaFin Networks, a struggling Cupertino, Calif, company, has raised a $10 million in more capital, to restart the company in a new direction. It is giving up making chips and has developed a new kind of firewall instead.
See the company’s original announcement here about its… Continue Reading
Innovalight raises $28M for new ink-based solar cell
Innovalight, a Silicon Valley company that says it has come up with new solar cell with nano-particles of silicon, has raised a large $28 million round of capital and said it plans to open a 30,000 square foot manufacturing facility next year.Innovalight is still being… Continue Reading
Customer loyalty company Satmetrix Systems buys Informative
Satmetrix Systems, a Foster City, Calif. company that provides a customer loyalty service software, has acquired Informative, a South San Francisco online customer loyalty company, according to PE Wire.
No financial terms were disclosed. Satmetrix has raised around $30 million in VC funding from firms like… Continue Reading