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 Wednesday, May 14, 2008 Comcast Buys Plaxo Mountain View-based Plaxo, a developer of a social networking service focused on keeping up with contacts, has been acquired by Comcast. Financial terms of the deal were not disclosed. According to Plaxo, the firm will remain an independent operation in Silicon Valley, reporting into Comcast Interactive Media. Plaxo currently has 40 employees, who will join Comcast. Plaxo was backed by Cisco Corp., Globespan Capital Partners, Sequoia Capital, and others; the firm originally started as a provider (More info...) posted on Wednesday, May 14, 2008(Full story) Photobucket Adds Group Albums San Francisco-based photo sharing site Photobucket said today that it has launched a new Group Album feature, which allows multiple users to share and view photos and videos. The new feature is being sponsored by Sony. According to Photobucket, the new feature will also support slideshows, sharing via email and IM, posting to profiles and web sites, and RSS feeds. However, the firm said that the Group Albums will be limited to just 1GB of photo and video content. posted on Wednesday, May 14, 2008(Full story) CoreOptics Raises $25M CoreOptics, a designer of 10/40/100 Gbps optical networking products, said today that it has closed on $25M in a new funding round from its existing investors. The firm, which has offices in San Jose, in addition to locations in Nuremberg, Germany and Manchester, NH, said the funding brings the company's total raised to more than $90M. The firm's investors include T-Com Venture Fund, GIMV, Crescendo Ventures, TVM Capital, High Tech Private Equity, Atila Ventures, Quest for Growth and others. Cor (More info...) posted on Wednesday, May 14, 2008 (More)(Full story) MosChip Buys Product Line From Alliacense Santa Clara-based MosChip Semiconductor Technology Ltd., a provider of PCI, USB, and networking semiconductors, said this morning that it has purchased an exclusive license of technology for Alliacense, a licensing firm that is a unit of The TPL Group. MosChip said it has purchased rights to TruVNS, a system-on-a-chip product for the IEEE 1394 (FireWire) networking standard. The technology will go towards a new audio/video content processor from Moschip. Financial terms of the deal were not disc (More info...) posted on Wednesday, May 14, 2008(Full story) BrightSource Energy Collects $115M Oakland-based BrightSource Energy, a developer of utility-scale solar energy projects, said today that it has raised $115M in additional Series C funding. The funding came from VantagePoint Venture Partners, Google.org, BP Alternative Energy, StatoilHydro Venture, and Black River, along with existing investors Morgan Stanley, DBL Investors (formerly a subsidiary of JP Morgan), Draper Fisher Jurvetson, and Chevron Technology Ventures. The firm said that the funding will allow it to accelerate its (More info...) posted on Wednesday, May 14, 2008 (More)(Full story) |
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