Hyper9 raises $8 million for launching new virtualization management product
Submitted by Manjinder Singh on Fri, 02/27/2009 - 11:17The series B round of funding, led by the highly esteemed venture capital company Venrock, helped Hyper9 Inc raise $8million. The existing investors Matrix Partners, Maples Investments, and Silverton Partners also participated in the funding round of Hyper9 - a firm well-known for providing management information for virtual infrastructures.
Research paper-inclined app maker Mendeley hitches $2 million in early-stage funding
Submitted by Manjinder Singh on Thu, 02/26/2009 - 14:03Thanks to a few high-ranking investors, the research paper-inclined desktop and web application maker Mendeley has managed to hitch $2 million in an early-stage funding.
Content-compression software maker Ocarina raises $20 million in second funding round
Submitted by Manjinder Singh on Thu, 02/26/2009 - 13:56The second funding round for the San Jose, California-based content-compression software maker Ocarina Networks brought in an investment of $20 million. The round, led by Jafco Ventures, also included current investors - Kleiner Perkins Caufield & Byers and Highland Capital Partners - who, together with others, had raised $11 million in the previous round.
Aster Data raises $5M more for data warehousing
Submitted by Manjinder Singh on Thu, 02/26/2009 - 12:38After having closed its second funding round in January, data warehousing startup Aster Data Systems has added another $5 million to its closed round, with the add-up investment coming from new investor Institutional Venture Partners (IVP). With the additional funds, Aster's total funds have touched $27 million.
Appirio’s new $10 million funding for additional products and joint ventures
Submitted by Manjinder Singh on Thu, 02/26/2009 - 12:25In its third round of funding, the startup Appirio, which puts together various online business applications and platforms, has raised $10 million. The funding round, marking a $16.7 million total raising, was led by GGV Capital - with an $8.2 million investment - and included earlier investor Sequoia Capital, with a $1.8 million contribution.
Rivulet Communications closes an $11.5 million third private funding round
Submitted by Manjinder Singh on Wed, 02/25/2009 - 17:42The $11.5 million third private funding round has been closed by Rivulet Communications, which is a market leader in mission-critical and real-time video applications over IP networks - its technology enables faultless HD medical video on the hospital IP network.
Venture capital investments rise in China, India, and Israel
Submitted by topnews on Tue, 02/24/2009 - 19:48Dow Jones VentureSource data released on Wednesday indicated that the financial meltdown notwithstanding, venture capital investment in China, India and Israel still registered a rise last year, even though the figures plunged in the US!
CampusExplorer raises $2.25 million for its affordable education feature
Submitted by Manjinder Singh on Tue, 02/24/2009 - 19:36After reporting a year of robust growth, CampusExplorer - a web-based company facilitating search about educational institutions - announced a second funding round of $2.25 million, led by OCA Venture, with participation from Origin Ventures and current financier Rincon Venture Partners.
Marc Andreessen launches VC fund in partnership with Ben Horowitz
Submitted by Manjinder Singh on Tue, 02/24/2009 - 19:27Making a new addition to his list of titles in the tech arena is Marc Andreessen - along with being a browser technology pioneer, a serial entrepreneur, and an angel investor, he has now become a venture capitalist too!
Halogen Network raised $5 million for improving prospect of ads for the affluent
Submitted by Manjinder Singh on Tue, 02/24/2009 - 19:11The San Francisco-based online advertising system, Halogen Network, recently announced having raised $5 million in 2007, in a second funding round.
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