U.S. Venture Capital News

Quantenna Communications Raises $14 Million in Series C Funding for Wireless High Definition Home Networking

April 29, 2009

FREMONT, Calif., April 29, 2009 – Quantenna Communications, Inc., a leading developer of silicon for high-speed, multimedia wireless networking, today announced that it has received $13.85 million in Series C funding led by new investor Southern Cross Venture Partners, with participation from ex… Read more →

Stoke Closes $15 Million Series D Funding

April 21, 2009

Mobile broadband gateway provider Stoke, Inc today announced it has received $15 million in fully subscribed Series D funding, bringing the company’s total funding to date to more than $65 million. The latest investment will be used to support the rapidly increasing installed base and commercial … Read more →

Luxim Raises $12M in Series C Funds

April 16, 2009

LUXIM Corp., the world leader in solid-state plasma lighting, today announced that it has completed its Series C funding by securing $12M from existing investors. The funds support the company’s expansion to meet growing market demand for LUXIM’s energy-efficient LIFI® lighting solutions. Sequoia… Read more →

A123 Raises $69 Million in New Round of Private Financing

April 13, 2009

A123Systems announced today it has raised $69 million from GE (GE: NYSE) and other investors to accelerate the expansion of its US lithium ion battery manufacturing and smart grid capabilities. The capital will help create new jobs by expanding A123’s facilities in Hopkinton, MA, and Novi, MI, as… Read more →

Cisco Announces Intent to Acquire Pure Digital Technologies, Makers of Flip VideoTM

March 19, 2009

Cisco today announced its intent to acquire privately held Pure Digital Technologies Inc. San Francisco-based Pure Digital, creator of the best-selling Flip VideoTM brand, is a pioneer in developing consumer-friendly video solutions with mass-market appeal.

“The acquisition of Pure Digital is… ”/us/news/cisco-announces-intent-to-acquire-pure-digital-technologies-makers-of-flip-videotm">Read more →

A Tiny Camcorder Has a Big Payday

March 19, 2009

SAN FRANCISCO, Calif. — Pure Digital Technologies thought small and simple, and it paid off big time.

The tiny, eight-year-old start-up famed for its inexpensive and easy to use Flip video cameras has defeated a down economy. On Thursday, the 100-person company was bought by Cisco Systems, a … Read more →

Next Opponent for Cisco: Apple?

March 19, 2009

Cisco has shown it isn’t afraid to compete with heavyweights like Microsoft and Hewlett-Packard. Its $590 million acquisition Thursday of Pure Digital Technologies, which makes the popular Flip camcorder, is the latest sign that Cisco may be on a collision course with another tech giant: Apple.
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SynapSense Adds $7M To Second VC Round

March 10, 2009

Johnny Cash famously sung about a dreary life in a Folsom, Calif., prison, but Folsom-based energy efficiency company SynapSense Corp. isn’t singing the blues now that it raised $7 million in cash in a tough credit environment.

The company reopened its second venture capital round, adding $7 m… Read more →

Appirio Secures $10 Million in Series C Funding

February 25, 2009

SAN MATEO, CA.—February 25, 2009—Today Appirio (www.appirio.com), a leading on-demand products and professional services company, today announced that it has secured $10 million in Series C financing from GGV Capital and Sequoia Capital, which will be used to further invest in product development… Read more →

Aster Data Systems Raises $12 Million in Series B Funding

January 13, 2009

REDWOOD CITY, CA—(Marketwire – January 13, 2009) – Aster Data Systems, a proven leader dedicated to providing the best analytic databases for frontline data warehousing, today announced it has completed a $12 million round of equity funding led by JAFCO Ventures. Joe Horowitz, Managing General P… Read more →