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 market presence. It has now raised $45 million to date from Menlo Ventures, Rho Ventures, Sevin Rosen Funds and Star Ventures.
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 Ventures led the latest round and was joined by existing investors Rho Ventures, Sevin Rosen Funds and Star Ventures.
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 points world wide.
The purchase of the Austin, Texas company, which comes at a time when acquisitions have slowed to a trickle, is significant because it reflects how mobility technology investments… 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 and Star Ventures. One of its goals is to deliver quality videoconferencing sessions between corporate and home office environments.
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 Inventec Appliance also participating.
The Netanya, Israel-based company has now raised a total of $52 million. Siano says it has been expanding in Asia, particularly with the debut of a new… Continue Reading
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, looks for $5M (VentureWire)
Satiogen takes in $700K for obesity treatment (VentureWire)
Dilon Tech appoints Robert Moussa as CEO (release)
Aptamer-drug maker Archemix withdraws its $72.5 million IPO – I’ve expanded this news into… 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 back-end behind the email systems of most corporations.
The product itself is a plug-in appliance, the Application Continuity Appliance (ACA) that kicks in within moments of a system failure, keeping the… 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 the market, and Microsoft’s Live Meeting owning a little less. However, WebEx costs $39 per seat, leaving it vulnerable to cheaper options. A younger player is DimDim (see our coverage;… 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 Enterprise Associates, Star Ventures and Sevin Rosen Funds.
Teneros has now raised more than $53 million since 2004.
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, Star Ventures and
Tellabs.
BroadLight, of Mountain View, Calif., has raised about $50 million, but it is not yet profitable.
Last year, another PON company, Passave Inc, was bought by PMC-Sierra Inc. for… 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, Broadcom Corporation and Tellabs Inc.
BroadLight has raised $50 million since 2000.
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 home computers and then sync to the device.
At 99 cents, that’s attractive. Especially with Apple’s accompanying announcement that it has slashed the price of its popular 8 gigabye iPhone to… Continue Reading