Worksoft Creative Software Technology Ltd., one of the early pioneers and leading players in the software outsourcing industry in China, announced today it has closed a $30 million Series B venture capital financing round led by Sequoia Capital US and Sequoia Capital China. Worksoft is the largest Chinese IT outsourcing provider to US and Europe.
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Tesla Motors today announced the completion of its $40 million Series C financing led by VantagePoint Venture Partners, one of the largest CleanTech investors in Silicon Valley, and by Elon Musk, founder of Paypal and CEO of SpaceX. Tesla Motors was founded in June 2003 by Martin Eberhard and Marc Tarpenning to create efficient electric […]
Redfin closes on $8 million funding - Online realty startup plans to use money for Bay Area expansion — Redfin has made a name for itself in Seattle with an online real estate service that allows home shoppers to research properties and then get cash refunds if they make a home purchase through the site.
Proteolix, Inc. announced today the completion of a $45 million Series B financing. The new capital will be used to expand the Company’s on-going clinical trials of the novel proteasome inhibitor PR-171 in cancer and support the development of its pipeline. Proteolix is a biotechnology company developing products to treat cancer and immune diseases based […]
Encover(R), Inc., a leading provider of on-demand software and services to help manufacturers and their channel partners maximize revenues from the sale of service contracts and maintenance agreements, today announced the company has raised $8 million in a Series C round of financing. Encover drives top line service revenues and bottom line results for companies […]
Vancouver-based “next generation broadband networking” company complink 8696|Zeugma Systems Inc.} said Friday it has scored a $13.5 million round of venture capital funding, but it won’t say what it’s building. Zeugma Systems Inc. a venture-backed company developing a telecommunications system for next generation, high speed broadband networks
SkyCross, a leading developer of advanced wireless antenna solutions, today announced an investment from Intel Capital, the venture capital arm of Intel Corporation, as part of their latest round of financing led by TL Ventures. Intel Capital, through its relationship with Intel, is also working with SkyCross to collaborate on developing mobile video applications together […]
Panaya Inc., the developer of solutions for simplifying ERP system implementation and maintenance, announced that it has raised $5 million in first round funding from Benchmark Capital and Gemini Israel Funds.
HealthUnity(TM), the leading enabler of collaboration technology for healthcare entities, announced today that it has closed a $1.4MM round of financing from J.L. Albright IV Venture Fund and other investors. “HealthUnity’s comprehensive product approach to building regional and enterprise health information networks enables healthcare entities to share patient clinical data while maintaining security and privacy,” […]
Breach Security, Inc., a leading provider of web application security technology that protects privileged information from targeted Internet attacks, today announced that the company has received $6 million in Series B financing from two strategic investment firms - Sid R. Bass Associates and Enterprise Partners Venture Capital.
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