Intalio raises $1.5M for business management software
Intalio, developer of open-source software for businesses to manage workflow, has brought in $1.5 million in equity and debt, according to a filing with the SEC. The Palo Alto, Calif. company has now raised more than $42 million to date from investors Partech International, Cargill… Continue Reading
Oracle scoops up Tacit’s intellectual property
Oracle announced yesterday that it has purchased intellectual property rights from Tacit Software for an undisclosed amount. The smaller, Palo Alto, Calif.-based company makes applications for sharing knowledge across companies.
Its KnowledgeMail product, for instance, culls information from employees’ email accounts, and other sources to determine… Continue Reading
Storage chip company Aristos Logic sells for $41M
Data storage company Adaptec has agreed to acquire Aristos Logic Corp for $41 million in cash, less than half the $91 million that Aristos has raised in venture backing since 2000, according to VentureWire.
The Foothill Ranch, Calif, company provides RAID (redundant array of independent disks)… Continue Reading
Seattle VC firms Maveron and Voyager Capital venture southward
Two Seattle-based VC firms, Maveron and Voyager Capital, have recently brought on new partners to extend their reach to the south.
Maveron, which hit a homerun with an early investment in eBay, but has yet to match that success, has expanded its San Francisco office by… Continue Reading
Will carbon-trading happen? Goldman hopes so, backs APX
APX, a Silicon Valley company that certifies carbon and emissions offset certificates, and which is well-placed to support carbon-trading markets when they emerge, has gotten backing from Goldman Sachs in a $14 million investment, VentureBeat has learned.
Carbon trading is a growing business that could someday… Continue Reading
Intelleflex raises $15.5M for RFID equipment
Intelleflex is the maker of an “extended capability” radio frequency identification (RFID) tags, along with the higher-powered readers that make the passive tags active at longer ranges.
Although the RFID industry hasn’t quite lived up to the “RFID revolution” that was proclaimed for retailers several years… Continue Reading
Roundup: “Bubble video” taken down, but singer gets $3M, Bahu, RivalMap, more
Here’s the latest action:
1. Bubble Video singer gets $3M
2. Bahu, a social network for European high schoolers
3. Vinod Khosla upset with California regulations
4. Technorati revises its front page yet again
5. Smilebox, a software download for sharing photos, videos and other media, raises $7 million
6. Microsoft… Continue Reading
Matisse Networks, the “optical burst” switching co., raises $45M
Matisse Networks, a network infrastructure company based in Mountain View, Calif., has raised $45M in a third round of funding.
Backers are Merrill Lynch (which invested $35M of the round) and existing investors, including Woodside Fund, Menlo Ventures, Monitor Ventures and Walden International. To date, Matisse… Continue Reading
Aristos, RAID storage processing company, raises $13.36M
Aristos Logic Corp., a Foothill Ranch, Calif.-based provider of RAID storage processing technology, has raised $13.36 million in Series G funding, according to a regulatory filing cited by PE Wire.
Investors include JPMorgan Partners, TPG Ventures, Woodside Fund, QTV Capital, Seagate Technology, Infineon Technologies, Emulex… Continue Reading
Intalio, business process management software co., restarts with $2.3M
Intalio, a provider of business process management software, has raised $2.3 million in a so-called “recapitalization” financing round, according to VentureWire (subscription required).
It has offices in Palo Alto, Georgia and Geneva.
Such rounds typically occur because the company’s earlier incarnation didn’t do well and it needs… Continue Reading
Athena Design, an electronic design automation co., raises $4M
Santa Clara’s Athena Design Systems, an electronic design automation (EDA) start-up focused on implementation issues in physical integrated chip (IC) design, said it has secured an additional $4 million in investment capital.
The company’s second round of funding attracted two new investors, PhillipCapital and NTT… Continue Reading