Posit Science raises $5.6M for brain fitness software
Posit Science, one of several companies offering software to strengthen cognitive function and prevent brain deterioration, has raised $5.6 million in a third round of funding to continue product development and ramp up marketing efforts, reports VentureWire (subscription). The San Francisco-based company is coming off… Continue Reading
Compensation software co. Xactly buys rival Centive
Xactly, maker of software that measures and tracks employees’ sales performance and compensation, has bought its major competitor, human resources software provider Centive. The stock-based deal gave San Jose, Calif.-based Xactly all of the company’s assets and employees for an undisclosed sum.
Incorporated under the name… Continue Reading
Microsoft gobbles up Danger, maker of the Sidekick mobile software
Microsoft Corp has agreed to acquire Danger, a Silicon Valley company that makes the software for the Sidekick and other mobile devices, for an undisclosed amount.
Danger has worked away for ten years on its device software, and recently filed for an IPO, which we termed… Continue Reading
AccountNow, another company lending to “underbanked,” raises $12.75M
AccountNow, a San Ramon, Calif. company company that offers prepaid Visa and Mastercard debit-cards and other services to people who have had trouble meeting their needs through banking, has raised a $12.75 million third round of capital.
It comes at a time when a series of… Continue Reading
LSI Logic buys network storage company, SiliconStor, for $55M
Milpitas chip company LSI Logic has agreed to buy Fremont, Calif.’s SiliconStor, a storage company, for $55 million, the companies said today.
SiliconStor had raised $12 million over two rounds since 2003, from VSP Capital, APV Technology Partners and individuals.
From the release:
SiliconStor provides storage technology… Continue Reading