Top News

  • Friday, March 12, 2010

    Sequoia Invests In Snaptu

    Israeli startup Snaptu, a developer of mobile social networking applications, said today that it has raised a round of funding from Menlo Park-based venture capital firm Sequoia Capital. Amount of the financing was not disclosed. Snaptu's software turns popular websites into mobile applications. The firm was formerly known as Moblica.Continue →

     
  • Friday, March 12, 2010

    Brightkite Launches Group Texting App

    Burlingame-based Brightkite, a developer of mobile social networking applications, said at SXSW today that it has launched a new Group Text service. The firm said that its free service allows users to send and receive messages from a group. The new service allows users to sent text to a list of users, and relays any reply from those users back to the others in the group. The firm said the new service is free, and works with SMS, the Web, iPhone, or iPod Touch....Continue →

     
  • Thursday, March 11, 2010

    MATRIXX Software Scores $9M

    Mountain View-based MATRIXX Software, a developer of micro-transaction products for the telecom industry, said Thursday that it has raised $9M in a second round of funding. The round came from Greylock Partners and Tugboat Ventures. David Strohm of Greylock, and Dafina Toncheva from Tugboat join the board with the funding.Continue →

     
  • Thursday, March 11, 2010

    Advent Software Buys Norwegian Software Firm

    San Francisco-based Advent Software, a developer of software for the financial industry, announced Thursday that it has acquired Goya AS, a Norwegian software provider. Advent said it would use the buy to offer Goya's Tradex software for fund managers and fund distributors. Tradex is used by fund resellers, financial advisors and wealth managers to manage investment funds. Financial terms of the buy were not disclosed.
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  • Thursday, March 11, 2010

    Radar Networks Acquired By Evri

    San Francisco-based Radar Networks, a developer of semantic search software, has been acquired by Seattle startup Evri. Financial terms of the deal were not announced. Radar was venture backed by Draper Fisher Jurvetson, Leapfrog Ventures, Velocity Interactive, and Vulcan Capital, and had raised around $18M in funding. Evri said the acquisition would give it an experience development team in the semantic search space....Continue →

     
  • Thursday, March 11, 2010

    Lucid Imagination Raises $10M

    San Mateo-based Lucid Imagination, which develops commercial solutions around the Apche Lucene and Apache Solr search technology, announced today that it has raised $10M in a Series B funding round. The round came from Shasta Ventures, along with prior investors Granite Ventures and Walden International. Lucid Imagination is headed by Eric Gries. Lucid's software is used for full text searching. The firm has also previously scored capital from In-Q-Tel, the CIA's venture capital arm.Continue →

     
  • Wednesday, March 10, 2010

    Nimsoft Acquired by CA

    Redwood City-based Nimsoft, a developer of availability monitoring software for IT managers, has been acquired by CA, CA said Wednesday afternoon. The deal is worth $350M in cash. According to CA, the acquisition will extend its ability to meet needs of emerging enterprises and MSPs. Nimsoft becomes part of CA's Cloud Products and Solutions Business Line. CA also said it hopes to hire the majority of Nimsoft's 120 employees. Nimsoft was backed by Goldman Sachs, JMI Equity and Northzone Ventures....Continue →

     
  • Wednesday, March 10, 2010

    Eureka Genomics Gets $3.7M

    Hercules, California-based Eureka Genomics, a firm focused on using advanced bioinformatics analysis of genetic sequencing data to develop drugs, said Wednesday that it has raised $3.7M in a round of funding from private individuals and angel investors. Names of those investors were not released. The firm said the funding will go towards its research aimed at identifying novel microorganisms associated with specific cancers and other important diseases. Continue →

     
  • Wednesday, March 10, 2010

    Aggregate Knowledge Names Sales VP

    San Mateo-based Aggregate Knowledge, a developer of advertising personalization and display ad optimization technology, said Wednesday that it has named Perry Nusbaum as its new Senior Vice President of National Sales. Nusbaum was most recently at Specific Media, where he was Senior Vice President of Agency Relations. Nusbaum also previously served at 24/7 Real Media and United Online....Continue →

     
  • Wednesday, March 10, 2010

    Apprion Gets $8M

    Mountain View-based Apprion, a developer of wireless application networking products for the process industry, announced today that it has closed on $8M of Series C funding. The round came from PEI Funds, Allegis Capital, Motorola Ventures, CTTV Investments LLC, and Anvil Investment Associates LP. Apprion develops wireless products which connect industrial facilities and factories, including applications in the oil/gas, chemical, pulp/paper and power/utilities market.
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  • Wednesday, March 10, 2010

    Google Launches App Marketplace

    Mountain View-based Google said last night that it has launched its own, application marketplace, which it calls the Google Apps Marketplace. Google said the marketplace features applications which integrate with Google Apps. The new marketplace launched with applications from Intuit, Appirio, Manymoon, Atlassian, and others, all of which connect into the Google Apps suite of products.Continue →

     
  • Wednesday, March 10, 2010

    RainStor Collects $7.5M

    San Francisco-based RainStor, a developer of software for archiving data, announced today that it has raised $7.5M in a Series B funding. The funding came from Storm Ventures, Informatica, as well as existing investors Doughty Hanson Technology Ventures and The Dow Chemical Company. Storm Ventures' Tim Danford joins the company's board along with the funding. RainSTor said the new funding will go towards expansion into new markets, grow its partner base, and for product development and R&D....Continue →

     
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