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

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

AT&T acquires Wayport for $275M — now has 80,000 hot spots

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

Siano raises $17.5M for mobile TV chips

Mobile TV chip maker Siano has raised $17.5 million in a third round of funding. The financing was led by DFJ Tamir Fishman Ventures (the Israeli partner of Draper Fisher Jurvetson), with existing investors Jerusalem Venture Partners, Star Ventures, Walden Israel, Bessemer Venture Partners and… Continue Reading

Life sciences briefing: Thursday, Feb. 7, 2008

Life sciences briefing: Thursday, Feb. 7, 2008

TODAY’S HEADLINES:

Aptamer-drug maker Archemix withdraws its $72.5 million IPO (Edgar)
OraMetrix raises $20M for robotic orthodontic systems (peHUB)
Microarray maker TeleChem goes public via reverse merger (release)
BioVascular pulls in $11M for platelet-disease treatments (release)
Cequent Pharma adds $4.5M for for RNAi drugs (VentureWire)
CareSeek, online medical-rating service, gets $575K,… Continue Reading

Reliable email proves to be worth $40M more for Teneros

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

Vidyo raises $12M more for high-definition video conferencing

Vidyo is the latest company to offer high-definition video conferencing software, and has raised $12 million in a second round of funding.

It joins a number of other companies challenging the entrenched leader in this area, WebEx, recently bought by Cisco. WebEx owns a third of… Continue Reading

Teneros, an appliance company for Microsoft Exchange, raies $15M

Teneros, a Mountain View, Calif. maker of an appliance that ensures Microsoft applications keep running without hiccups, has raised $15 million in a fourth round of funding funding, according to a regulatory filing cited by PE Week.

The funding comes firms such as Goldman Sachs, New… Continue Reading

BroadLight, supplier of passive optical network equipment, raises $12M

BroadLight, a supplier of “gigabit passive optical network” (GPON) semiconductors and software, said it has raised a $12 million fifth round of financing.

The round was led by Benchmark Capital, and included existing investors Azure Capital Partners, Broadcom, Cipio
Partners, Delta Ventures, Israel Seed Partners, Motorola Ventures,… Continue Reading

BroadLight, optical communications co, raises $12M more

Israeli optical communications start-up BroadLight Inc, which also has offices in Mountain View, Calif., has raised $12 million in its fifth round of financing.

Benchmark Capital led the round. Existing shareholders include Motorola Ventures, Azure Capital Partners, Delta Ventures, Israel Seed Partners, Star Ventures, Cipio Partners,… Continue Reading

Apple announces new music download service, Groove to fight on

Apple announces new music download service, Groove to fight on

Music services have been slow to let mobile users pay to download music from the Internet, but that just changed, with Apple announcing that iPhone users can now do so.

They’ll be able to buy music from iTunes directly, no longer having to download to their… Continue Reading