NimbleFish swims to $950K for marketing automation
NimbleFish, maker of marketing automation software, has captured $950,000 in debt financing, according to a fling with the SEC. Based in San Francisco, it is backed by Sigma Partners, Cardinal Ventures and QuestMark Partners.
Soladigm takes $20.7M for green building materials
Soladigm, a fairly stealthy green building company based in Santa Rosa, Calif., has raised $20.7 million of an expected $21.6 million round of equity, according to a filing with the SEC. It lists Sigma Partners and Khosla Ventures as previous investors.
The company doesn’t provide much information on its products or services, saying only that it is “developing next-generation green building solutions with a global impact.” It is, however, recruiting experts in the semiconductor, glass-making and… Continue Reading
TradeBeam raises $7M for trade management software
TradeBeam Holdings, a San Mateo, Calif.-based provider of software that manages global trade agreements online, has brought in $7 million to extend a $3 million round earmarked for expansion of its operations in China. Its product helps companies make sure they are complying with export regulations, inventory their assets, track their products in transit and oversee segments of their supply chains.
Serving more than 7,000 clients, the company has raised about $70 million in capital before… Continue Reading
oDesk Challenge gives startups a staffing kickstart
oDesk, a site that helps companies recruit and coordinate online workers, has launched the oDesk Challenge, a program to help young startups piece together teams of staffers quickly and efficiently. It is promoting it today at TechCrunch50, a conference in San Francisco.
The first 20 venture-backed startups to upload their job openings to oDesk will win free, premium services from the company — making it more of a challenge for oDesk than anyone else. Account managers… Continue Reading
Quantenna adds new funds for wireless video chips
Quantenna, maker of chipsets used to improve video functionality in televisions and laptop, has added an unspecified amount to its third round of funding, which previously amounted to $13.8 million.
Based in Fremont, Calif., the company has now raised $44 million to date ($2 million more than it reported having in April), according to VentureWire. Its backers include Grazia Equity, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners and Venrock.
Quantenna channels $14M for HD home networking chips
Quantenna Communications, a provider of silicon chips for high-speed, wireless networking services, announced today that it brought in $13.85 million in a third round of funding to build its brand and expand its sales and engineering operations. Southern Cross Venture Partners led the round, which included Grazia Equity, Sequoia Capital, Sigma Partners and Venrock Associates.
Based in Fremont, Calif., the company focuses on chip sets that can support high-definition media content served wirelessly through set-top boxes,… Continue Reading
Teachscape buys Edgenuity for teacher accountability software
Teachscape, a consultancy that provides online training to school teachers, has announced its purchase of Edgenuity, maker of software that helps schools craft instruction plans. The San Francisco-based firm plans to use its acquisition’s technology to build a web-based platform for school districts to measure how well their teachers and curricula are performing, enforcing a greater degree of accountability. Financial terms of the all-stock deal have not been disclosed.
Called the Edgenuity Achievement Suite, the software… Continue Reading
Glasshouse IPO plans shatter
Glasshouse Technologies, an information technology consultancy specializing in data storage, just announced the withdrawal of its initial public offering due to poor market conditions — making it the third venture-backed startup to cancel an IPO in 2009. The Framingham, Mass. company originally filed in December 2007 and expected to rake in $100 million in the sale. It says it plans to refile once the economy rebounds.
Glasshouse provided management and customer support to companies integrating cloud… Continue Reading
Stealthy Soladigm snags $10.6M for green buildings
Soladigm, a fairly stealthy green building company based in Santa Rosa, Calif., just brought in $10.6 million, reports VentureWire. This sum breaks down into $4 million in debt and $6.6 million in convertible securities from Khosla Ventures and Sigma Partners.
Very little information is available about Soladigm. According to its web site, it brings together experts in glass, optical coatings and semiconductors to reduce energy consumption in buildings. It is also currently hiring.
Stealthy R2 Semiconductor nabs $2M
Chip startup R2 Semiconductor, based in Sunnyvale, Calif. just brought in $2 million of an anticipated $12 million first round of funding, according to peHUB. The investment came from Sigma Partners and Morgenthaler Venture Partners. The company itself doesn’t even have a web site, and very little information on its activities has been released.
WordStream launches app to optimize search marketing
WordStream, a maker of software that suggests keywords and keyword strategies for search advertisers, launches its flagship (and only) product today. The application not only generates a database of relevant keywords, but also tracks their performance to determine which ones work best, in which groups and why — and puts the results to use in live campaigns. It also announced $4 million in first-round funding from Sigma Partners.
The Boston-based company says that it automatically integrates analytics to prioritize certain keywords, allowing advertisers to make informed decisions at all… Continue Reading
Sharpcast raises $10M for sync service SugarSync
Sharpcast, the maker of the SugarSync service for synchronizing your files across multiple devices, has raised a $10 million addition to its first round of funding.
I was super impressed when I tried SugarSync last March, because it was the the simplest and most usable sync service I’d seen. You just select the folders you want synchronized, and SugarSync takes care of the rest. But the product didn’t make as big a splash as I’d expected,… 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 has a portfolio of apps for use by students. The Rave Guardian allows them to transmit their location and safety status to campus police at any time from anywhere. On… Continue Reading
Envis eyes another funding round for low-power chips
Design software firm Envis announced that it will seek another round of funding in the next year to roll out its first two applications, Chill and Kelvin. The programs will help computer chip makers create and test models that require less power to run.
The Santa Clara, Calif. company also brought new chief executive A.J. Sen on board. He hails from the same post at mSilica, a company that provides power-management chips for lighting systems.
Envis last… Continue Reading
Virtual goods company Viximo offers online communities an alternative to advertising
With a recession looming, many online entertainment sites who currently depend on ad revenue are exploring a new source of revenue: Virtual goods.
Boston-based Viximo wants to make it as easy for publishers to earn money from selling virtual goods as it is to run ads on a website. And more profitable.
Viximo provides a plug-and play virtual goods platform that allows a publisher to offer their own version of Facebook Gifts, which are nice-looking graphical icons… Continue Reading
Replay Solutions wins $2M to bust software errors
Replay Solutions, developer of software that detects errors in other applications running on your computer, pulled in an extra $2 million today in what is now a $13 million second round of financing. The bump came from UV Partners, which joined previous investors Hummer Winblad, Partech International and Sigma Partners.
The Redwood City, Calif. company provides software that records the performance of other software applications. When it comes across something unusual, it can play back the… Continue Reading
Entellium execs fudge the numbers, face fraud charges
Two top executives at management software provider Entellium Corp. were arrested Tuesday for allegedly exaggerating the company’s revenue in order to attract more private funding.
We’re not talking about a little white lie. Former chief executive Paul Johnston and former chief financial officer Parris Jones are accused of cooking the books to show 400 percent more revenue than was actually brought in over the last three years. In 2006, they reported $3.95 million in revenue, when… Continue Reading
Dexterra raises $21.5M to expand mobile platform, carrier partnerships
Mobile business software provider Dexterra announced today that it scored $21.5 million in sixth round financing from existing investors led by New Enterprise Associates and including Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This brings the company’s total funding to $106.5 million.
Bothell, Wash.-based Dexterra develops mobile applications to meet different business needs and the software used to distribute them wirelessly to employees’ phones. One application would let a service company track… Continue Reading
Applied Identity raises $10M for enterprise IT
Applied Identity, a San Francisco startup that improves enterprise IT security, has raised $10 million of a projected $15.3 million third round, according to Private Equity Hub, citing a regulatory filing. New investor ABS Ventures joined existing backers Bay Partners, Globespan Capital Partners, OVP Ventures and Sigma Partners.
Zetta raises over $10 million for cloud storage
Zetta, a Sunnyvale, Calif. company that plans to offer remote storage for companies, has raised $10.68 million in a first round of funding.
The company is not yet public and has released little information on its plans. However, the funding is slated both for development and marketing purposes, which suggests that it plans to launch relatively soon. A “zetta”, by the way, is a metric prefix for 1021.
Foundation Capital and Sigma Partners led the round.