QSecure raises $10M for smart payment platform
QSecure, maker of credit cards containing smart chips, has raised $10 million in a fourth round of funding, according to a filing with the SEC. The Los Altos, Calif. company is backed by Worldview Technology Partners, Allegis Capital, UMC Capital and Societe Generale. It has… Continue Reading
Delivery Agent snags $24.8M to supply entertainment e-commerce tools
Delivery Agent, a San Francisco-based provider of technology used to set up online stores — only geared toward the entertainment market and web publishers — has raised $24.85 million in a fourth round of funding, according to PE Hub. The company is backed by Bessemer… Continue Reading
Zoove dials up $5.2M for mobile marketing tricks
Mobile marketing company Zoove has raised $5.2 million of an expected $13.2 million round of equity and securities, according to a regulatory filing. It plans to use the money to continue developing technology to deliver advertising messages via email, text and rich media messages.
Based in… Continue Reading
QSecure takes $5.25M for electronic credit cards
QSecure, maker of credit cards containing smart chips, has raised $5.25 million of an anticipated $10.25 million fourth round of funding, according to a filing with the SEC. While it didn’t specify where the money came from, the Los Altos, Calif. company was previously backed… Continue Reading
Ooma dials up $18.3M for free landlines via VoIP
Ooma, provider of a voice-over-internet box that lets users make free land-line calls, brought in $18.3 million in a fourth round of venture financing, reports paidContent. It raised $14 million of this sum back in June.
Based in Palo Alto, Calif., the company says it now… Continue Reading
Force10 lands $30M for networking hardware
Force10 Networks, developer of 10-gigabit networking hardware, has raised $30 million in equity, according to regulatory filings. The San Jose, Calif. company previously raised $125 million in its last, sixth round of funding in 2007. Past backers include Advanced Equities, Crosslink Capital, Meritech Investment Partners,… Continue Reading
ONStor sells for $25M, taking $105M in capital down with it
ONStor, the ill-fated maker of data storage equipment for enterprises, has sold to software provider LSI Corporation for about $25 million, a paltry sum compared to the $130 million in venture capital it raised since its founding in 2001.
The big losers in the deal are… Continue Reading
Emergent Game Tech gobbles up $14M for game development platform
Emergent Game Technologies, builder of applications for video-game development, has snapped up $14.4 million in equity, amending a filing from February reporting that the company raised more than $12.5 million, according to VentureWire.
Based in Calabasa, Calif., the company says it can slash game development costs… Continue Reading
LogLogic scores $8M for data management services
LogLogic, the San Jose, Calif. company that manages data for information technology departments, says it brought in $8.8 million in a fourth round of funding to take better advantage of its recent acquisition, Exaprotect, a similar company base in Europe. It says it will use… Continue Reading
Emergent racks up $12.5M for game-development software
Emergent Game Technologies, a Calabasas, Calif.-based provider of applications used to develop video games more cost-efficiently, just raised $12.5 million in fifth-round funding to support the commercialization of a new product, slated to launch during the Game Developers Conference in late March. The company claims… Continue Reading
Stretch raises $15 million for surveillance camera chips
Stretch, provider of fabless semiconductor components, has raised $15 million to continue making chips for surveillance cameras. The Sunnyvale, Calif.-based company plans to use the funding to expand its customer base around the world. It currently makes three different types of processors to support digital… Continue Reading
Force10 and Turin merge, pool their capital and clients
Network builder Force10 Networks has merged with Ethernet services provider Turin Networks to create a powerhouse in both spaces, with an impressive list of clients, numbering 1,300 (including eHarmony and Facebook), reports peHUB. More significant than that is the marrying of two significant pots of… Continue Reading
Reactrix shutters — but interactive ads are still coming to a floor near you
Reactrix Systems, a company specializing in interactive projected advertisements in malls and movie theaters, has folded despite $75 million in venture backing. Last month, the Redwood City, Calif. company spent what remained of a $45 million fourth-round of funding received in 2006, and has so… Continue Reading
Force10 rolls out virtualization products
Force10 Networks, a developer of 10-gigabit networking hardware, will be launching a new line of products over the next half year to help companies set up automated and virtual networks. Currently, it provides routers and switches to web companies like Facebook and eHarmony, to help… Continue Reading
Cisco acquires email startup PostPath for $215M
Networking giant Cisco Systems has agreed to acquire an email startup called PostPath for $215 million.
To explain the acquisition, Cisco touts PostPath’s security, scalability and compatibility with other email solutions — the Linux-based email service’s interoperability with Microsoft Exchange has been a selling point in… Continue Reading
Fulcrum Microsystems creates alliance for partners and raises $29 million round
Fulcrum Microsystems has created an alliance for its partners to adopt its chips more quickly and has raised $29.2 million in venture capital.
The Calabasas, Calif., chip company has now raised nearly $100 million in five rounds since its founding in 2000. That’s a big chunk… Continue Reading
Storage company ONStor pulls IPO plan, raises $25M
ONStor, a data storage equipment maker that had hoped to go public, has pulled those plans and raised another $25 million from investors.
We wrote about OnStor here when signaled its intent to go public, and mentioned the large number of storage companies that were seeking… Continue Reading
WaveMaker Software raises $4.5M for web development tools
Wavemaker Software, which offers open source visual tools for web development, has raised $4.5 million in a new round of venture funding. Hummer Winblad Venture Partners, Worldview Technology Partners and Sippl Investments all participated.
The San Francisco startup has created an Ajax development platform based on… Continue Reading
Log management company LogLogic raises $13.5M
LogLogic, which helps companies collect and report on IT log data, has raised $13.5 million in a fourth round of funding.
The funding was led by Focus Ventures and also included Sequoia Capital, Telesoft Partners, Worldview Technology Partners and Invesco Private Capital It brings LogLogic’s total… Continue Reading
QSecure raises $5M for card authentication
QSecure is a Los Altos, Calif. company that has devised a security measure to prevent theft of credit and debit card information.
The company’s technology centers around a tiny electronic chip embedded in the card’s magnetic strip. When the card is swiped for a transaction, the… Continue Reading