Sunnyvale-based SiBEAM, a developer of millimeter wave semiconductors used for high speed wireless communications, announced today that it has raised $36.5M in a Series D round of funding. The round was led by Foundation Capital, and also included US Venture Partners, New Enterprise Associates, Lux Capital, Hatteras Funds, Best Buy, and Cisco. The firm said the new funding will go to support its growth, and bring its second generation, 60 Ghz wireless chipsets to the consumer electronics market....Continue →

San Francisco-based Mochi Media, and parent firm Shanda Games Limited said yesterday that they have created a new $10M fund, the Mochi GAME Developer Fund, which will go to support Flash and social game developers. Mochi and Shanda said the fund will give developers access to technical, design, and testing resources, as well as development tools and distribution on Mochi Media's websites. Mochi said it is looking to invest up to $100,000 per game title in Flash and social games developers....Continue →

The offer for Sunnyvale-based Silicon Storage Technology has been upped to $3.05 per share, according to prospective buyer Microchip Technology Incorporated today. Microchip said it upped the current offer for the firm to $3.05 per share in cash, comapred with its prior raised offer of $3.00 per share. The firms said the increased offer came due to a competing bid from an un-named buyer. MicroChip also said it has acquired shares from Microchip giving it 19....Continue →

San Jose-based Tilera, a developer of RISC-based high performance multicore processors, announced today that it has received a strategic investment from Broadcom. Size of the investment was not announced. Nariman Yousefi, senior vice president of Infrastructure Technologies at Broadcom, joins Tilera's board as part of the funding.

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San Francisco-based eXo, a developer of Java middleware for cloud computing, announced today that it has raised $6M in funding. The round came from Auriga Partners and XAnge Capital. The firm said that as part of the acquisition, it has named Bob Bickel as its Chairman, added Auriga Partners Philippe Granger to its board, and also appointed Xange Capital's Nicholas Rose as a board director....Continue →

Mountain View-based Google said Friday that it has acquired DocVerse, a a maker of Microsoft Office collaboration tools. Google did not say what it would be doing with DocVerse, but did say it would be suspending new signups to DocVerse's service until it's ready to share its plans. Current users of DocVerse will continue to have access to the service. The deal was reportedly worth $25M.Continue →

San Francisco-based reMail, the email search startup which was just acquired by Google in February, said Friday that it has decided to open source the code for the firm's product. reMail said that it has decided to make the reMail iPhone application--which is no longer available in the App Store--available via Google Code, under the Apache 2.0 License. reMail was backed by YCombinator. reMail's product team has moved on to Google's Gmail team.
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Sunnyvale-based Trimble said Friday that it is acquiring LET Systems, an firm based in Cork, Ireland, developing incident and outage management systems for utilities. Financial terms of the deal were not disclosed. Trimble said the move is part of its strategic utilities and smart grid initiative. LET's product is used by electric, gas, water and wastewater utilities.Continue →

Cupertino-based Apple said this morning that it has set a launch date for its new Apple iPad. According to Apple, the new device will be available in the U.S. on Saturday, April 3rd, for the Wi-Fi only version of the device. Pre-orders for the device will start on March 12th. Apple said it will also roll out the Wi-Fi plus 3G model later in April, as well as make the device available in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK....Continue →

Morgan Hill-based Alien Technology, a developer of RFID ICs, readers, and other products, said this week that it has raised $10.9M more in new financing. The round came from existing investors Advanced Equities, New Enterprise Associates (NEA), and Sunbridge Partners. The firm did not say what it intends to do with the new funding.Continue →

The Brix Group, and its subsidiaries Pana-Pacific Corporation and Brix Exclusive Inc., dba American Wireless, have scored $12.0M in a credit facility, according to funder Bridge Bank. Bridge said that The Brix Group, which is a national distributor and value added integrator in the wireless communications and trucking industries, it tapping the firm for working capital needs for its electronics and wireless communication operations. Continue →