Plato Networks rakes in $7.5M for energy-efficient chips

Plato Networks, maker of chips used to make data centers more energy efficient, brought in $7.5 million of an anticipated $10 million round of preferred stock. Based in Santa Clara, Calif., the company previously raised $20 million in a second round of financing from Crosslink… Continue Reading

DCM leads $10M investment in PandoraTV, fast-growing Korea video site

PandoraTV, a fast-growing Korean website for viewing and sharing videos, said it has raised a $10 million second round of funding, led by Silicon Valley venture capital firm, DCM.

Existing investors Altos Ventures, STIC International and Saehan, a Seoul-based venture capital group, participated in the round…. Continue Reading