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… 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… 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… 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… Continue Reading
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… Continue Reading
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… 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… 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… 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… 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… 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,… 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… 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… 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… Continue Reading
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… Continue Reading
Demandbase launches lead generation platform with Adobe funding
Here’s an interesting new use of Adobe’s AIR platform for creating hybrid web/desktop applications. With a free AIR app called Demandbase Stream, users can watch in real-time as other businesses visit their websites, then use that info to pursue a sale. The data scrolls across… Continue Reading
Replay Solutions raises $11M to help find software bugs
Replay Solutions, a startup that develops technology to bug-check software during development, has raised more than $11 million in a second round of funding, according to Private Equity HUB, citing a regulatory filing. Backers include new investor Sigma Partners.
Redwood City, Calif.-based Replay says its… Continue Reading
ScanCafe hits image-scanning milestone, raises round
ScanCafe, a Burlingame, Calif. company that professionally restores old photos and other images, is announcing a new landmark in its two-year existence. It has scanned 10 million images. The way the service works is that you send your images in, the company uses software and… 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… Continue Reading
Power control company iWatt gets $12.4M
IWatt, a Los Gatos, Calif. company that makes power control products, has taken a fifth round of funding for $12.4 million, led by an unnamed strategic investor.The products that iWatt makes include AC-DC and DC-AC power supplies, coupled inductors and other power devices, and it… Continue Reading