Ubicom snaps up $4.4M for home networking processors
Home and entertainment processor maker Ubicom, known for making silicon chips used in consumer products like wireless routers, has brought in $4.4 million of a targeted $10 million round of preferred and common stock, according to a filing with the SEC. Based in San Jose, the company is backed by August Capital, Investorcorp Technology Partners, Tenaya Capital (formerly Lehman Brothers Venture Partners), Mayfield Fund and Levensohn Venture Partners. It last raised capital in January, bringing… Continue Reading
Meru Networks lands $87 million for virtual wireless service
Meru Networks, provider of a virtual wireless service that departs from typical hub-based services, has raised an additional $57 million to expand its fifth round of funding to $87 million (it closed $30 million from Vision Capital earlier this year), reports PE Hub. The recent financing came from existing backers Clearstone Venture Partners, NeoCarta Ventures, BlueStream Ventures, D.E. Shaw Group, Evercore Partners, Tenaya Capital and Monitor Ventures.
Based in Sunnyvale, Calif., the company has raised more… Continue Reading
MarkLogic raises $12.5M more for publishing infrastructure
MarkLogic, which makes software to help other companies deliver content, has raised $12.5 million in a fourth round of funding from existing backers Sequoia Capital and Tenaya Capital (previously Lehman Brothers Venture Partners).
The San Carlos, Calif., company’s flagship product is the MarkLogic Server, an XML server that allows companies to share information across various information systems, including the web. The company says it has more than 150 customers.
MarkLogic has raised a total of $45.5 million… Continue Reading
Meru snags $30M for virtual wireless service
Meru Networks, provider of a virtual wireless service that departs from typical hub-based service, has raised $30 million in a fifth round of funding. Based in Sunnyvale, Calif., the company says it is able to deliver wireless solutions that are easier for businesses to adopt and scale according to their needs. It says the new funding will be used to meet demand the company is seeing especially from the health care and education sectors.
The round… Continue Reading
Roundup: Yahoo and Microsoft, Eminem sues Universal, and more
YAYED: Yet Another Yahoo Executive Departs — This time it’s Marco Boerries, the executive vice president in the company’s Connected Device Division, ahead of a pending reorganization under new chief executive Carol Bartz.
Eminem aims lawsuit at Universal Music Group — The successful rapper says the record label owes him $1.6 million in unpaid royalties from digital sales. Hypebot has more.
Ballmer: “I don’t want to wind up being known as the Jerry Yang of this market” — Microsoft chief… Continue Reading