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 Wednesday, June 20, 2012 Bromium Takes $26.5M for Virtualization Technology Cupertino-based Bromium said Wednesday that it has raised $26.5M in a Series b funding round, from Highland Capital Partners, Intel Capital, as well as Andreessen Horowitz and Ignition Ventures. The firm, led by Guarav Banga, is using virtualization techniques to better isolate applications running within an operating system or PC, which helps protect those PCs from sec (More info...) posted on Wednesday, June 20, 2012 (More)(Full story) WhiteSky Lands $7.5M San Mateo-based WhiteSky, a developer of online account protection and security services, has raised $7.5M in funding, according to reports. The funding came from Prism VentureWorks, Trinity Ventures, and Intersections. All three are existing investors in the company. WhiteSky is led by David Watkins, the former CEO of QSecure. posted on Wednesday, June 20, 2012 (More)(Full story) Bitcasa Raises $7M For Online Storage Service Mountain View-based Bitcasa, the provider of a cloud-based, storage service, said today that it has raised $7M in a Series A funding round. The round came from Pelion Venture Partners, Horizons Ventures, and Andreessen Horowitz, First Round Capital, CrunchFund, and Samsung Ventures. Bitcasa's storage service uses client-side encryption, compression, an deduplication to enable users to store what the firm says is an "infinite" amount of data to the clou (More info...) posted on Wednesday, June 20, 2012 (More)(Full story) Mithril Capital Management, Headed By Peter Thiel, Raises New $402M Fund Entrepreneur Peter Thiel has launched a new, growth stage technology investment firm called Mithril Capital Management, capitalized with $402M in funding, Thiel said today. The new fund, based in San Francisco, will focus on investing in companies which have "moved beyond the traditional venture-backed stage" and prefer to remain private. According to Thiel, the fund will be led by Ajay Royan, formerly of Clarium, along with Jim O'Neill, also formerly of Clarium. posted on Wednesday, June 20, 2012(Full story) Kaazing Captures $17M Mountain View-based Kaazing, the developer of real time, interactive communications applications, said today that it has raised $17M in a new funding round. Source of the new funding was not disclosed. Kaazing said the funding will go to expand and grow its customer base. Kaazing's customers include financial services, retail, mobile, and other firms, who use its products to publish their various information in real time to the web and mobile. posted on Wednesday, June 20, 2012 (More)(Full story) Pathbrite Earns $2.5M For Educational Portfolios San Francisco-based Pathbrite said today that it has raised $2.5M in a Series A funding, for the firm's platform to help students showcase their learning and personal achievements. The funding came from Rethink Education, as well as from standardized testing company ACT. Pathbrite said the new funding will go towards product development and user acquisition. Pathbri (More info...) posted on Wednesday, June 20, 2012(Full story)
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