Category: San Francisco

ShopSocially Receives $1,100,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=112fd199-c6a2-4072-b0ba-2d6e1e7b6849&Preview=1 Date 10/21/2010 Company Name ShopSocially Mailing Address 339 N. Bernardo Ave. Mountain View, CA 94043 Company Description The company operates an innovative social shopping platform for consumers — their friends for shopping recommendations. Website http://www.shopsocial.ly Transaction Type Venture Equity Transaction Amount $1,100,000 Transaction Round Series A Proceeds Purposes The company has … Continue reading “ShopSocially Receives $1,100,000 Series A Funding Round”

Aurora Feint Secures $3,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74055fe7-ef8f-48f3-89df-682c65a445f9&Preview=1 Date 10/21/2010 Company Name Aurora Feint Mailing Address 330 Primrose Rd. Burlingame, CA 94010 Company Description Aurora Feint Inc. develops mobile games and operates OpenFeint, a leading mobile social platform and application for smartphones. OpenFeint includes a set of online game services such as leaderboards and achievements running in a cloud … Continue reading “Aurora Feint Secures $3,000,000 New Financing Round”

MBA Polymers Garners $18,400,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33a730fa-bf8a-430f-9431-a734a08c8ba2&Preview=1 Date 10/21/2010 Company Name MBA Polymers Mailing Address 500 West Ohio Avenue Richmond, CA 94804 Company Description Welcome to the web site of MBA Polymers, a recognized leader at recycling engineering plastics from complex waste streams and end-of-life durable goods such as appliances, computer and business equipment, automobiles, and even sporting … Continue reading “MBA Polymers Garners $18,400,000 New Round”

Study Shows Startup Executive Pay on the Mend

A study of private information technology and life sciences companies shows that tech executive pay is recovering from a dismal 2009. And it provides the public a rare glimpse at how much executives at startups are paid; that’s information privately held firms don’t have to divulge to the SEC, as public companies do. The CompStudy—completed … Continue reading “Study Shows Startup Executive Pay on the Mend”

The Challenge of Understanding Biotech: Sifting Through the Fog and Jargon

I recently enjoyed reading two books on the mortgage meltdown, “The Big Short” by Michael Lewis and Gregory Zuckerman’s “The Greatest Trade Ever.” They each provided a detailed post-mortem on the implosion of the housing bubble. What fascinated me most about their accounts was how virtually everyone on Wall Street, with a few notable exceptions, … Continue reading “The Challenge of Understanding Biotech: Sifting Through the Fog and Jargon”

Exelixis Seeks to Climb From the Penalty Box, Prove its Lead Drug Still Has Legs

Mike Morrissey had plenty of headaches when he took over as CEO of South San Francisco-based Exelixis (NASDAQ: [[ticker:EXEL]]). Two weeks before he took the job, Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) dropped a bomb by saying it was walking away from its 50 percent ownership stake in Exelixis‘ most important cancer drug candidate. CEO George Scangos … Continue reading “Exelixis Seeks to Climb From the Penalty Box, Prove its Lead Drug Still Has Legs”

Turning “Black Silicon” Into Gold: SiOnyx Closes $12.5M from Bay Area and Seattle Firms, Goes After Image Sensor Market

Quick, name a semiconductor company in the Boston area that’s been getting lots of venture financing lately. OK, well, you already read the headline, so that one doesn’t count. My point is, there haven’t been too many of those—until today. SiOnyx is the Beverly, MA-based semiconductor materials company that is working on commercializing so-called “black … Continue reading “Turning “Black Silicon” Into Gold: SiOnyx Closes $12.5M from Bay Area and Seattle Firms, Goes After Image Sensor Market”

Honestly.com Lands $1,200,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ad8b081-8fcf-4d6d-b48b-61803f78db84&Preview=1 Date 10/20/2010 Company Name Honestly.com Mailing Address 520 S. El Camino Real San Mateo, CA 94402 Company Description Honestly.com is an online resource for building, managing, and researching professional reputation, using community-contributed, professional reviews. Website http://www.honestly.com Transaction Type Venture Equity Transaction Amount $1,200,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Honestly.com Lands $1,200,000 New Round”

Solar Components Garners $2,800,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07d04ef2-6004-44cd-9186-6c9db4f44f7b&Preview=1 Date 10/20/2010 Company Name Solar Components Mailing Address 1725 S. Bascom Ave. Campbell, CA 95008 Company Description The company manufactures portable solar charging devices. Website http://www.solarjoos.com Transaction Type Venture Equity Transaction Amount $2,800,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed

eCert Obtains $8,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5eb46e55-dcbd-4cd5-bb8b-6edf2b872927&Preview=1 Date 10/20/2010 Company Name eCert Mailing Address One Market Street San Francisco, CA 94105 Company Description eCert ensures trust in, and reduces fraud against, the email and messaging traffic of the world’s largest online businesses. Website http://www.ecertsystems.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes The funds … Continue reading “eCert Obtains $8,000,000 New Funding”

Siluria Technologies Lands $13,300,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e1ce79d-aa76-43ee-a803-830cf77d4863&Preview=1 Date 10/20/2010 Company Name Siluria Technologies Mailing Address 409 Illinois St. San Francisco, CA 94158 Company Description The company is developing technology that can create ethylene from natural gas. Website http://www.siluria.com Transaction Type Venture Equity Transaction Amount $13,300,000 Transaction Round Undisclosed Proceeds Purposes The investment allows the company to optimize its … Continue reading “Siluria Technologies Lands $13,300,000 New Round”

CollabNet Acquires Codesion for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fcfe9d0f-0284-4b04-98e4-10db1ab12b2f&Preview=1 Date 10/20/2010 Company Name Codesion Mailing Address 8000 Marina Blvd. Brisbane, CA 94005 Company Description Codesion allows for the creation of the most complex software in the most efficient and cost-effective way possible by using Software as a Service (SaaS) to deploy the platform across corporate intranets as well as the … Continue reading “CollabNet Acquires Codesion for Undisclosed Sum”

Kontiki Garners $10,700,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=221323bd-edcb-4c1b-8f26-a71f414532cf&Preview=1 Date 10/20/2010 Company Name Kontiki Mailing Address 1001 W. Maude Ave Sunnyvale, CA 94085 Company Description Kontiki’s secure, scalable, and legitimate P2P delivery platform powers the world’s largest media companies broadband video on-demand download services including the BBC iPlayer, and BSkyB’s Sky Anytime on PC service, in the UK. Kontiki’s ISP-friendly … Continue reading “Kontiki Garners $10,700,000 Series B Financing”

Sequoia Leads $20 Million Round for Evernote—Q&A with CEO Phil Libin

Evernote, the Mountain View, CA, startup building a multiplatform service that helps consumers organize and retrieve all the digital bric-a-brac in their lives, has just taken a big step forward, raising $20 million in a Series C investment round led by top-tier venture firm Sequoia Capital. Some 4.7 million people use Evernote’s freemium service, which … Continue reading “Sequoia Leads $20 Million Round for Evernote—Q&A with CEO Phil Libin”

$9M for Causes

Causes, the Berkeley, CA-based philanthropy startup co-founded by former Facebook executive Sean Parker, said this week that it has raised $9 million in new funding. The mezzanine round was led by Menlo Park’s New Enterprise Associates and included angel and super-angel investors Marc Benioff, Ron Conway, Karl Jacob, Dustin Moskovitz, Keith Rabois, and Founders Fund. … Continue reading “$9M for Causes”

AudioPress, Packaging Podcasts & Streaming Radio For People Stuck in Traffic, Seeks to Tap Fast-Growing Market

Something like 50 million Americans spend at least an hour a day commuting to work, which is a lot of people and a lot of time. For entrepreneurs who aspire to deliver audio content over the wireless Web, this is turning into a huge market of potential consumers up for grabs. More and more of … Continue reading “AudioPress, Packaging Podcasts & Streaming Radio For People Stuck in Traffic, Seeks to Tap Fast-Growing Market”

Siluria, Based on MIT Research, Raises $13.3M For Cleaner, Cheaper Plastics

Siluria Technologies, the San Francisco startup developing a low-emissions technique for making the world’s most widely used commodity chemical in plastics, has raised its first big venture round to pursue an idea that has eluded the petrochemical industry for decades. The company, built on technology from Angela Belcher’s materials science lab at MIT, is announcing … Continue reading “Siluria, Based on MIT Research, Raises $13.3M For Cleaner, Cheaper Plastics”

Former Zynga Exec Joins Maveron

Andrew Trader, one of the early executives at San Francisco-based social game maker Zynga, has joined Seattle- and San Francisco-based venture capital firm Maveron as an entrepreneur in residence, according to a Maveron announcement released tonight. Trader will be based in the firm’s San Francisco office and “will explore new web-enabled consumer service opportunities,” the … Continue reading “Former Zynga Exec Joins Maveron”

NetBase Solutions Secures $2,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8b54d61-8b16-4bf2-90f1-0b20a5a0d3b8&Preview=1 Date 10/19/2010 Company Name NetBase Solutions Mailing Address 2087 Landings Drive Mountain View, CA 94043 Company Description We are the insight discovery company. Founded by innovators Jonathan Spier and Michael Osofsky, NetBase develops and markets a next-generation semantic technology that reads and understands the English language. This technology is the basis … Continue reading “NetBase Solutions Secures $2,500,000 New Funding”

StockTwits Receives $4,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99f8c747-a4d0-4a70-a493-15b8d2979966&Preview=1 Date 10/19/2010 Company Name StockTwits Mailing Address 1036 Bayview Avenue Oakland, CA 94600 Company Description StockTwits is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related … Continue reading “StockTwits Receives $4,000,000 New Funding”

EverNote Secures $20,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0672ef2b-444d-4b86-a639-6fbc4f6c9116&Preview=1 Date 10/19/2010 Company Name EverNote Mailing Address 333 Evelyn Ave Mountain View, CA 94041 Company Description Evernote allows you to easily capture information in any environment using whatever device or platform you find most convenient, and makes this information accessible and searchable at anytime, from anywhere. Website http://www.evernote.com Transaction Type Venture … Continue reading “EverNote Secures $20,000,000 Series C Funding”

TangoMe Garners $2,794,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebee99f0-e092-43d8-b51f-85fca734a132&Preview=1 Date 10/19/2010 Company Name TangoMe Mailing Address 2452 Embarcadero Way Palo Alto, CA 94303 Company Description Tango enables anyone with an iPhone or Android phone to make free mobile video calls over 3G, 4G, or Wi-Fi to their friends and family around the world. Website http://www.tango.me Transaction Type Venture Equity Transaction … Continue reading “TangoMe Garners $2,794,000 Series A Round”

Pearl Therapeutics Receives $69,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f850f32f-a55d-4ec7-9043-d6762dae0c23&Preview=1 Date 10/19/2010 Company Name Pearl Therapeutics Mailing Address 200 Saginaw Drive Redwood City, CA 94063 Company Description Pearl Therapeutics is focused on developing a pipeline of novel and superior products for chronic respiratory disorders, providing patients with advanced therapeutic options in familiar and well accepted dosage forms. The company has licensed … Continue reading “Pearl Therapeutics Receives $69,000,000 Series C Financing Round”

Incubate 2.0 at Hewlett-Packard

StartupCause and HP Startup Central present a two-day session on supporting entrepreneurship globally, as part of Global Entrepreneurship Week. From the official event description: “Whether you are running a local incubator, building an angel network or in charge of an economic development agency, your main problem is: How do I help my entrepreneurs succeed? Incubate … Continue reading “Incubate 2.0 at Hewlett-Packard”

Sharethrough Raises $5M

San Francisco-based Sharethrough, which runs “social video campaigns” in which it distributes video ads across social websites, games, apps, and advertising exchanges, said today that it has raised $5 million in Series A funding. North Bridge Venture Partners and Floodgate Fund led the investment, with angel investors Ron Conway, Ron Bouganim, Steve Blank, and Auren … Continue reading “Sharethrough Raises $5M”

Mark Zuckerberg Goes to Startup School [Video]

In one of his first major public appearances since the release of The Social Network, Facebook co-founder and CEO Mark Zuckerberg spoke onstage at Stanford this Saturday about why he started the company, why he moved it to Silicon Valley, and what he thinks about the controversial movie. (The gist of his review: amusing but … Continue reading “Mark Zuckerberg Goes to Startup School [Video]”

The $100,000 Taxi Ride, the $403M Exit for Google Ventures and iFund, CarWoo Goes National, & More Bay Area BizTech News

Columbus Day made last week a short one, but I don’t think many San Francisco or Silicon Valley innovators pay attention to this particular holiday, as there was no shortage of technology and business news. —My colleague Erin published a nice scoop about Baydin, a Cambridge, MA-based maker of e-mail management software whose founder won … Continue reading “The $100,000 Taxi Ride, the $403M Exit for Google Ventures and iFund, CarWoo Goes National, & More Bay Area BizTech News”

Sangamo, With a Lock on Genetic Switch Technology, Seeks to Morph Into Drugmaker

Quite a few biotech entrepreneurs would be happy to trade places with Sangamo Biosciences founder and CEO Ed Lanphier. His company has a hammerlock on the intellectual property for a leading-edge genetic technology that a lot of academic scientists love to write about in top peer-reviewed journals like Nature. Big partners like Dow Chemical and … Continue reading “Sangamo, With a Lock on Genetic Switch Technology, Seeks to Morph Into Drugmaker”

Abvio vs. FitnessKeeper: The Running App Founder Smackdown

If you’re a runner, walker, or cyclist, there’s a lot of great mobile technology these days to help you track your activity and stay motivated. On Friday I reviewed two apps in particular: RunKeeper from Boston-based FitnessKeeper, and Runmeter from San Francisco-based Abvio. I talked about my personal experiences using the apps, which both work … Continue reading “Abvio vs. FitnessKeeper: The Running App Founder Smackdown”

Causes Secures $9,000,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f0f14d9-cd7a-4d33-af91-90ee158b2703&Preview=1 Date 10/18/2010 Company Name Causes Mailing Address Undisclosed Undisclosed, CA 94123 Company Description The most successful movements have always been born out of and held together by the bonds of real world relationships, and online social networks present never before seen opportunities for organizing. We strive to build tools for people … Continue reading “Causes Secures $9,000,000 Series C Financing”

Sharethrough Secures $5,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=030e6b04-842c-40b7-81e1-e7538fd68895&Preview=1 Date 10/18/2010 Company Name Sharethrough Mailing Address 650 Mission St., Floor #1 San Francisco, CA 94105 Company Description Sharethrough offers the only video distribution platform and network that ensures brand videos are both seen and shared by large numbers of viewers. Website http://www.sharethrough.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction … Continue reading “Sharethrough Secures $5,000,000 Series A Round”

Twitter Plea Helps Baydin Get Seed Money from Angel Investor Dave McClure; Startup Moving to the Valley Next Month

So an entrepreneur helps out a prominent angel investor when the latter needs a ride, and gets a seed investment as a result. It sounds like something you might see in a movie. But it’s a reality for Baydin, an e-mail technology startup out of Boston (but soon to be based in the San Francisco … Continue reading “Twitter Plea Helps Baydin Get Seed Money from Angel Investor Dave McClure; Startup Moving to the Valley Next Month”

RunKeeper Versus Runmeter on the iPhone: A Newbie Runner’s Review

[Corrected, see p. 2] If there’s one seductive thing about being a startup entrepreneur, it’s that you can utterly neglect exercise without feeling guilty about it. After all, doesn’t building a great company require every moment of wakefulness, every ounce of concentration? I know I’ve got a lot to show for my last three years … Continue reading “RunKeeper Versus Runmeter on the iPhone: A Newbie Runner’s Review”

Exelixis Gets $60M from Bristol, Genentech Surpasses Original Herceptin, Synosia Pockets $30M, & More Bay Area Life Sciences News

News on cancer drugs, stem cells, and the rare item about promising drugs for Parkinson’s disease crossed our desk this week. —South San Francisco-based Exelixis (NASDAQ: [[ticker:EXEL]]) rebounded a bit from its rough summer when it said this week it has raked in a $60 million payment through a new partnership with Bristol-Myers Squibb. Back … Continue reading “Exelixis Gets $60M from Bristol, Genentech Surpasses Original Herceptin, Synosia Pockets $30M, & More Bay Area Life Sciences News”

New Reality for U.S. Venture Capital: Data Shows Startup Deals Are Smaller, More Numerous and More Capital-Efficient

The MoneyTree Report on third-quarter venture funding echoes results that we reported earlier this week, showing $4.8 billion was invested in 780 venture deals nationwide. That was a 7 percent decline in venture capital invested—but a nearly 9 percent increase in the number of deals—compared with the same quarter in 2009, when almost $5.2 billion … Continue reading “New Reality for U.S. Venture Capital: Data Shows Startup Deals Are Smaller, More Numerous and More Capital-Efficient”

Dokogeo Obtains $126,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3814e3a6-e4fa-49d8-963c-2bb67b9de42b&Preview=1 Date 10/15/2010 Company Name Dokogeo Mailing Address 150 Green Street San Francisco, CA 94111 Company Description The company is developing unspecified technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $126,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed

UberCab Lands $1,250,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f285912e-12c0-4243-87dc-51363298b67f&Preview=1 Date 10/15/2010 Company Name UberCab Mailing Address 182 Howard St. San Francisco, CA 94105 Company Description The company has created a mobile application that allows users to request car service to pick them up wherever they are located. Website http://www.UberCab.com Transaction Type Venture Equity Transaction Amount $1,250,000 Transaction Round Undisclosed Proceeds … Continue reading “UberCab Lands $1,250,000 New Financing”

Kabongo Lands $1,101,606 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38ef76b7-5be9-42c5-a12e-5f767b4d93df&Preview=1 Date 10/15/2010 Company Name Kabongo Mailing Address 5801 Christie Ave. Emeryville, CA 94608 Company Description The company develops online educational games that help kids to learn to read. Website http://www.kabongo.com Transaction Type Venture Equity Transaction Amount $1,101,606 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A … Continue reading “Kabongo Lands $1,101,606 New Funding”

EditRing Obtains $1,054,999 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f522a0d-d342-44aa-be67-b6f33fa17668&Preview=1 Date 10/15/2010 Company Name EditRing Mailing Address 344 Olmsted Rd. Stanford, CA 94305 Company Description EditRing allows you to collaborate real-time in Microsoft Office. Website http://www.editring.com Transaction Type Venture Equity Transaction Amount $1,054,999 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed

We’re Hiring at Xconomy San Francisco

It’s time for Xconomy to expand its Bay Area coverage. We’ve been on the ground here since June, writing about innovation and entrepreneurship in all corners of the high-tech economy, including software and the Web, biotech and drug development, energy and cleantech, and angel and venture investing. Now we want to take it the next … Continue reading “We’re Hiring at Xconomy San Francisco”

Cell Biosciences Nabs $20M, Buys Convergent

Cell Biosciences, a Santa Clara, CA-based maker of life sciences instruments, supplies and software, said it has raised $20 million in a Series F venture round in connection with a $12 million acquisition of Toronto, Canada-based Convergent Bioscience. The investment was led by Essex Woodlands Health Ventures, and included existing investors such as The Wellcome … Continue reading “Cell Biosciences Nabs $20M, Buys Convergent”

$15M for Redwood Systems

Fremont, CA-based Redwood Systems, which makes networks for powering and controlling LED lighting systems in large buildings, said yesterday that it has closed a $15 million Series B financing round. Index Ventures led the round, which was joined by existing backers Battery Ventures and U.S. Venture Partners. Index Venture co-founder and partner Neil Rimer has … Continue reading “$15M for Redwood Systems”

A Peek Inside the Story Pipeline at Xconomy San Francisco

Journalists are usually pretty secretive about the stories they’re planning to write. The fear is that if we give away what we’re working on, some other outlet will jump on the story and beat us to it. To be honest, that prospect doesn’t bother me, because the truth is that very few others will make … Continue reading “A Peek Inside the Story Pipeline at Xconomy San Francisco”

Fate Therapeutics Snags Deal With Becton Dickinson to Market Stem Cell Technology

Fate Therapeutics, after months of hunting, has found a deep-pocketed partner to take its stem cell technology mainstream, at least for academic and pharmaceutical industry labs. The San Diego-based startup—founded by scientific big shots at Harvard University, Stanford University, The Scripps Research Institute, and the University of Washington—is announcing later today that it has struck … Continue reading “Fate Therapeutics Snags Deal With Becton Dickinson to Market Stem Cell Technology”

INgrooves Garners New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75de6f38-5fee-4efc-b771-63851de33355&Preview=1 Date 10/14/2010 Company Name INgrooves Mailing Address 444 Spear Street San Francisco, CA 94015 Company Description Isolation Network (”IN”) is a digital media distribution and publishing company that provides various distribution and marketing services via its INgrooves and ONE Digital divisions. Website http://www.ingrooves.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction … Continue reading “INgrooves Garners New Financing”

New Relic Receives $10,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6ca3da02-a0e0-40e0-bc7a-b2a3933c73dc&Preview=1 Date 10/14/2010 Company Name New Relic Mailing Address 139 Townsend Street San Francisco, CA 94107 Company Description New Relic, Inc. offers RPM(TM), a subscription-based Rails Performance Management solution that enables developers to quickly and cost effectively detect, diagnose and fix application performance problems in real time. Website http://www.newrelic.com Transaction Type Venture … Continue reading “New Relic Receives $10,000,000 Series C Funding Round”

BroadSoft Acquires Casabi for $1,950,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6db20bf-a19f-4453-8ad4-1e60bd3218d4&Preview=1 Date 10/14/2010 Company Name Casabi Mailing Address 910 East Hamilton Ave. Campbell, CA 95008 Company Description Casabi provides carriers with an end-to-end solution that enables them to differentiate, integrate and personalize their core services for the home and family. It allows them to place an extensible communications platform into the home … Continue reading “BroadSoft Acquires Casabi for $1,950,000”

Overland Storage Acquires MaxiScale for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e91ef6f-4b6d-4965-9e2a-fbe02c0f762a&Preview=1 Date 10/14/2010 Company Name MaxiScale Mailing Address 776 Palomar Avenue Sunnyvale, CA 94085 Company Description Develops software for controlling infrastructure costs. Website http://www.maxiscale.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.