Zmanda, the open source backup and recovery ISV, got an $8 million Series B round led by Helion Venture Partners with current backers BlueRun Ventures and Canaan Partners kicking in. The money is earmarked for R&D and business expansion. The company figures the traditional data protection market is ripe for commoditization. Zmanda got a $5 […]
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The Multiverse Network, the developer of an online games and 3D virtual worlds platform, announced on Thursday that it has raised $4.2 million in its first round of venture capital financing Mountain View, Calif.-based Multiverse said that over 10,000 development teams have signed up to use its platform, and over 150 teams have begun work […]
SNAPin Software has landed an additional $6.3 million in venture financing, bringing total capital raised in the Bellevue mobile services company to $24.3 million. Founded four years ago by Action Engine creator Brian Roundtree, SNAPin helps wireless carriers reduce the number of times that subscribers need to talk to live customer service agents about issues […]
MuleSource, which has an open source ESB (Enterprise Service Bus) and integration platform, raised $12.5 million in second-round financing - open source choice for integration and SOA (Service Oriented Architecture)
LiveFuels, a developer of algae-to-biofuels, said Thursday it raised $10 million in first round funding led by David Gelbaum of the Quercus Trust.
Interventional Spine, Inc. today announced that the Company has closed its Series C financing, raising a total of $24 million The Company plans to build a robust distribution network to commercialize its spinal product portfolio and seek additional complementary orthopedic devices to grow the Company’s percutaneous spinal product franchise.
Aternity Inc., supplier of application management software for enterprise IT, announced today the completion of a $5M million Series B equity financing. The company’s solution monitors actual user groups in real time to detect and report the performance of key business applications. This new approach to end user monitoring dramatically reduces the time it […]
Advanced BioHealing, Inc. (ABH) today announced that it has raised an additional $4.5 million in a second tranche of its Series C financing The Company is focused on the commercialization of cell-based and tissue-engineered products including two that have FDA approval for marketing: Dermagraft, for diabetic foot ulcers and TransCyte, to treat full and […]
Southwest Windpower (SWWP), a Flagstaff, Ariz.-based producer of residential-scale wind generators, has completed a $6.5 million Series-B equity investment led by NGP Energy Technology Partners, a private equity fund located in Washington, D.C. “This capital will allow the company to meet growing demand for its products, accelerate its marketing and sales activities, expand research and […]
SiGe Semiconductor has raised $20 million US in an expansion round of financing to fund its wireless product marketing The Ottawa-based company, which supplies radio-frequency (RF) front-end solutions for consumer-driven wireless systems, said the proceeds of the financing round would fund expansion of its product lines supporting the Wi-Fi, WiMAX and GPS markets.
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