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 Friday, February 5, 2010 GigOptix Gets Venture Debt Round Palo Alto-based GigOptix has scored a round of venture debt, according to debt financing provider Agility Capital. Amount of the funding was not disclosed. GigOptix develops analog semiconductors, multi-chip modules, and analog and mixed signal custom Application Specific Integrated Circuits (ASICs) for the optical networking and advanced RF market. posted on Friday, February 5, 2010 (More)(Full story) Avalanche Technology Gets Bessemer, Sequoia Backing Worth $7.5M Fremont-based Avalanche Technologym, a firm developing what it describes as disruptive low power non-volatile magnetic memory, has raised $7.5M in a funding round which now includes Bessemer Venture Capital and Sequoia. Details on the funding have not been released. Bessemer's Rob Chandra, and Sequoia's Gaurav Garg are both now listed on the firm's board. posted on Friday, February 5, 2010 (More)(Full story) SuccessFactors Acquires Inform Business Impact San Mateo-based SuccessFactors, a developer of business management software, said Thursday that it has acquired Inform Business Impact, a developer of workforce planning tools. SuccessFactors said it would pay $25.5M in cash plus approximately $15M in its common stock for Inform, along with unspecified contingent payments. Inform's customers include Comcast, BHP Billiton, Starbucks, Nike and ANZ Bank. posted on Friday, February 5, 2010(Full story) |
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