All Posts Tagged With: "Funding"
SplashTop Maker DeviceVM Raises $15 Million in Series C Funding Round
DeviceVM, maker of the Splashtop instant-on environment, announced today a $15 million Series C round of funding led by venture capital firm New Enterprise Associates. Existing investors including Storm Ventures, DFJ Dragon, Tim Draper, and Larry Augustin also participated in this Series C investment, demonstrating continued commitment to DeviceVM’s growth.
20Aug2008 | Robin Wauters | 0 comments | ContinuedElastra Raises $12 Million from Amazon for Cloud Management
Elastra, a startup focused on providing solutions for internet cloud configuration and management, secured $12 million in Series B financing in its second venture round, which was was led by Bay Partners, with Amazon.com and existing investor Hummer Winblad also participating. Elastra had previously raised $2.6 million.
5Aug2008 | Robin Wauters | 1 comment | ContinuedInstallFree Secures $8.5 Million in VC Funding
InstallFree today announced it has received $8.5 Million in financing to drive the expansion of its product development and go-to-market teams.
5Aug2008 | Robin Wauters | 0 comments | ContinuedSeanodes Raises $2.4 Million From OSEO
Seanodes, developer of what they call “Shared Internal Storage solutions”, today announced it has received about $2.4 million in funding from OSEO, France’s national agency for industrial innovation, in the form of a no-interest loan to support ongoing technology development and company growth.
23Jul2008 | Robin Wauters | 0 comments | ContinuedEndeavors Unable To Secure Funding, Suspends Shares
These are troubled times for application virtualization and streaming startup Endeavors Technologies, who recently released its Application Jukebox and split the offer into 3 separate editions. Apparently, the company has been unable to secure a large funding round after exploring a number of possible options, resulting in a suspension of ordinary shares which have stopped trading on the London Stock Exchange.
22Jul2008 | Robin Wauters | 0 comments | ContinuedXeround Raises $16 Million In Second Round
Xeround, an Israel-based startup in the database virtualization area, today announced it has closed a $16 million round of Series B funding led by Ignition Partners and Trilogy Partnership. Also participating in the round were existing investors Benchmark Capital and Giza Venture Capital. The newly acquired funds will be used to increase sales and marketing activities as well as to step up research and development to advance the product roadmap.
11Jul2008 | Robin Wauters | 0 comments | ContinuedrPath Raises $10 Million More
rPath, which got on our radar thanks to some high-profile customers, today announced that the company has closed a $10M round of venture financing. The Series C round was led by rPath’s existing backers, General Catalyst, North Bridge Venture Partners and Wakefield Group. The company says it plans to use this new capital to increase its leadership in enabling cloud computing.
24Jun2008 | Robin Wauters | 0 comments | ContinuedParascale Raises $11+ Million In Series A Funding For Linux Cloud Storage
Parascale, a provider of cloud storage solutions for rich media content in traffic-intensive applications, today announced that it has closed an $11.37 million Series A financing round led by venture capital firms Charles River Ventures and Menlo Ventures.
23Jun2008 | Robin Wauters | 0 comments | ContinuedNeocleus Raises $11,4 M in Series B Funding
Neocleus, a startup yet to release a product who recently unveiled its ‘endpoint virtualization’ strategy, seems to have been convincing enough in validating its approach to investors. The company has raised $11.4M in Series B funding (PDF) in a round led by Battery Ventures and Gemini Israel Funds, its original investors.
19Jun2008 | Robin Wauters | 0 comments | ContinuedLeostream Picks Up Series A Funding To The Tune Of $3 Million
Waltham, Mass.-based hosted desktop connection broker Leostream, has raised $3 million in Series A funding led by Meakem Becker Venture Capital, reports Private Equity Hub, citing a regulatory filing. CEO Mike Palin said the company plans to release details on the financing in coming weeks.
6May2008 | Robin Wauters | 1 comment | ContinuedMotorola Joins Investors Behind VirtualLogix (Update)
According to PC World, Motorola has joined Cisco, Intel and Texas Instruments in funding mobile virtualization company VirtualLogix.
21Apr2008 | Robin Wauters | 0 comments | ContinuedIncipient Raises $ 15.6 Million Venture Capital Funding In Series E
Incipient, a provider of enterprise-class storage virtualization and automated data migration software solutions, announced today that it has closed a $15.6 million Series E round of funding from existing investors including Globespan Capital Partners, GrandBanks Capital, HLM Venture Partners, Greylock, QuestMark Partners, Sigma Partners, and Wasatch Advisors, as well as a new investor.
21Feb2008 | Robin Wauters | 0 comments | Continued
