Gilt Groupe gets $40M to make luxury online retail even glitzier
Gilt Groupe, the online luxury-fashion retailer that sends its members sale and clearance information on expensive items, has taken in $40 million in capital from General Atlantic and Matrix Partners, reports The Business Insider. The New York company has been valued at $400 million and… Continue Reading
ParAccel brings in $22M for analytical databases
ParAccel, maker of database technology that allows users to see broader patterns in massive data sets, has raised $22 million in a third round of funding from Menlo Ventures, Bay Partners, Mohr Davidow Ventures, Tao Venture Partners and Walden International. The money will be used… Continue Reading
Cardiac device maker VytronUS raises another $11M
VytronUS, a medical device startup that remains secretive about its product, has raised another $11 million in its first round of funding, according to VentureWire. That new money, from existing investors Delphi Ventures and New Enterprise Associates, brings the total amount raised to $17 million…. Continue Reading
Virsto packs away $7M for virtual storage space
Virsto Software, creator of virtual storage space, has brought in $7 million in a first round of funding, giving makers of server virtualization equipment a boost, reports VentureWire. Based in Mountain View, Calif., the company says its products are capable of managing any storage issues… Continue Reading
Nokeena takes $6.5M to speed up online video
Nokeena Networks, developer of a supposedly faster, higher-quality online video platform, has raised $6.5 million in a second round of funding led by Mayfield Fund, reports VentureWire. Based in Emeryville, Calif., the company says it plans to reduce the cost of the technology needed to… Continue Reading
Ozmo takes $750K for personal Wi-Fi networks
Ozmo Devices, maker of software that generates “personal area” Wi-Fi networks around individual computers, has brought in $750,000 in debt, right and securities, reports VentureWire. In the past, the Palo Alto, Calif., company has been backed by Granite Ventures, Intel Capital and Tallwood Venture Capital… Continue Reading
High Gear Media drives $5.5M for automotive portal
High Gear Media, creator of an online portal to information on cars and the automotive industry, has raised $5.5 million in equity from undisclosed sources. In the past, the Palo Alto, Calif., startup raised a round of venture capital from Accel Partners and Greylock Partners…. Continue Reading
Cyan Optics sees $8.8M for optical communications systems
Cyan Optics, developer of optical packet communication systems, brought in $8.8 million of an anticipated $12 million in preferred stock, warrants and underlying shares. The Petaluma, Calif., company has previously been backed by Azure Capital Partners, Norwest Venture Partners and Telecommunications Development Fund.
Spiracur takes $20.3M for effective wound healing
Spiracur, developer of a device used to heal small wounds effectively, has brought in $20.3 million in a second round of funding from Kleiner Perkins Caufield & Byers, New Leaf Venture Partners and De Novo Ventures, reports VentureWire. Not much is known about the Redwood… Continue Reading
Posterous gobbles up fellow Y Combinator alum Slinkset
Posterous, the blogging service that lets you submit entries via email or text message, has acquired Slinkset, a platform for enabling users to vote web content and comments up or down — like on popular social news like Reddit. The deal is interesting because both… Continue Reading
Siluria Tech takes in $3.3M for nanoscale engineering
Siluria Technologies, a Menlo Park, Calif.-based firm specializing in engineering inorganic materials with biological nanotechnology, has brought in $3.3 million in equity and convertible preferred stock from undisclosed investors, according to a regulatory filing with the Securities and Exchange Commission.
The company, which has no… Continue Reading
Airgain channels $1.9M for smart antennas
Airgain, a provider of wireless smart antennas and local area networks, has brought in $1.9 million in equity, warrants, options and rights, according to VentureWire. Based in Carlsbad, Calif., it previously raised $4.1 million in a second round of funding from Northwater Capital Management and… Continue Reading
Exar absorbs semiconductor co. Galazar
Exar, a Fremont, Calif.-based maker of integrated circuits, has acquired Galazar, a Canadian semiconductor company that had fallen on hard times even before the economic downturn. No financial terms have been released, but Exar will be operated as a full subsidiary.
This is the second… Continue Reading
Conformia sells intellectual property to Oracle, disbands
Conformia Software, maker of software used to manage software cycles end-to-end, has sold its intellectual property assets to Oracle for an undisclosed amount. The company, which specialized in drug development processes, appears to now be defunct. Redwood Shores, Calif.-based Oracle, on the other hand, plans… Continue Reading
Gydget buy pays off for Adgregate in new product rollout
Adgregate Markets, a firm that allows shoppers to make full transactions within banner ads, bought widget-maker Gydget back in January but is just now releasing its first product that integrates the two companies’ technology, reports VentureWire.
Gydget, based in San Francisco, still operates as a… Continue Reading
ForSight subsidiary spies $12M for more advanced eye care
ForSight Labs, an incubator for opthalmic and eye care startups, has taken in $12 million for its third company, ForSight Vision3, a stealthy developer of technology for eye care, reports VentureWire. Based in Menlo Park, Calif., the company didn’t even list investors in the round… Continue Reading
InSync finds $4.7M for asset-tracking software
InSync Software, provider of software that tracks companies’ assets — using radio-frequency identification, GPS and advanced sensor systems — has brought in most of an anticipated $4.7 million second round of funding, according to VentureWire. This might not sound like much, but it already works… Continue Reading
Armorize captures funds for application security
Armorize, maker of software that defends web applications from external malware attacks, has raised an undisclosed second round of funding from Ambient Sound Investments (run by the founders of Skype Technologies), Birch Venture Capital and several previous investors, reports VentureWire.
Based in Santa Clara, Calif.,… Continue Reading
Lucid Imagination scares up funds for open-source search software
Lucid Imagination, maker of open-source search software tailored to enterprise applications, has added undisclosed funds from In-Q-Tel to its first round of capital. It had previously raised $6 million in the round from Granite Ventures and Walden International, according to VentureWire.
Based in San Mateo,… Continue Reading
Certify secures $1.6M to transmit health care data
Certify Data Systems, maker of software used to safely transmit health information online, has raised $1.6 million in second-round funding and is already casting an eye toward a third round, reports VentureWire. Ziegler HealthVest Partners led the recent investment, which Certify will use to build… Continue Reading