|
|
|
 Wednesday, August 20, 2008 Agami Shuts Down Sunnyvale-based Agami Systems, which was developing enterprise storage systems, has shut down, according to a report in the San Jose Mercury News. Agami was venture backed by Advanced Equities, Alta Partners, Apex Venture Partners, DAG Ventures, ITOCHU Corp., Kleiner Perkins Caufield and Byers, New Enterprise Associates, and TIF Ventures. Agami employed between 80 and 100 people, located in both Sunnyvale and in Hyderabad, India. posted on Wednesday, August 20, 2008(Full story) tinyCrunch.com Launches Tech Blog Summary Service Mountain View-based tinyCrunch.com has launched a new, technology news and blog summary service, the firm said this week. According to tinyCrunch, it will provide twice daily condensed news from stories from top tech blugs. According to the firm, it's looking to provide high-level executives with news without extraneous fluff. The firm's stable of news includes condensed version of TechCrunch and other technology blog news, summarized in short briefs. posted on Wednesday, August 20, 2008(Full story) Autodesk Buys CAD Software Firm San Rafael-based Autodesk said this morning that it has signed a definitive agreement to acquire Elektro-CAE-Software GmbH , a developer of computer aided design (CAD) software. According to Autodesk, the deal calls for it to acquire substantially all of the assets of Elektro-CAE-Software GmbH from Mensch und Maschine Deutschland GmbH. The firm develops a CAD software packaged called ECSCAD. The product is used for creating schematics for electric controls systems. Financial terms of the deal (More info...) posted on Wednesday, August 20, 2008(Full story) Google Invests $10M For Geothermal Research Google.org, Google's nonprofit arm, said Tuesday that it has invested $10M in investments and grants targeted at geothermal energy. According to Google, the investments included $6.25M in AltaRock Energy, $4M in Potter Drilling, and a $489,521 grant to Southern Methodist University's Geothermal Laboratory for geothermal research. AltaRock is based in Sausalito; Potter Drilling is based in Redwood City. posted on Wednesday, August 20, 2008(Full story) Trilliant Pulls In $40M Redwood City-based Trilliant, a developer of smart grid networking products, announced WEdnesday that the firm has closed on $40M in an equity investment. Trilliant said that the funding came from MissionPoint Capital Partners and Zouk Ventures, and will be used to accelerate the firm's growth and market expansion. Trilian't products are used to provide advanced energy management to energy utilities. posted on Wednesday, August 20, 2008 (More)(Full story) BioImagene Gets $26M In Series D Funding Cupertino-based BioImagene, a developer of digital pathology products used in cancer diagnostics and for preclinical research, said Tuesday that the firm has raised $26M in a Series D funding round. The round was led by Burrill & Company. Other investors in the round included Ascension Health Ventures, National Healthcare Services, Artiman Ventures and ICCP Ventures. BioImagene's products are used for digital pathology. posted on Wednesday, August 20, 2008 (More)(Full story) Canopy Financial Adds $8M San Francisco-based Canopy Financial, a firm developing healthcare banking technology, said this week that the firm has raised $8M in an additional round of financing for the firm. The round came from Foundation Capital. Canjopy said the funding will go towards expansion of its product for managing Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs). The round follows $15M in funding in January from GGV Capital. posted on Wednesday, August 20, 2008 (More)(Full story) Salesforce.com Buys InStranet San Francisco-based Salesforce.com has just acquired InStranet, a provider of knowledge management software for business to cosumer call centers. The deal was worth approximately $31.5 million. Chicago-based InstraNet's products are used for managing call centers agents and support processes. According to Salesforce.com, the move will go to bolster is Salesforce CRM Customer Service & Support offering. Although the firm's headquaters are in Chicago, the bulk of InstraNet's operations are in Pari (More info...) posted on Wednesday, August 20, 2008(Full story) |
|
