Ubicom, maker of chips tailored to distribute media via household networks and streaming devices, has brought in $1.8 million of a targeted $2 million round of options, warrants and securities, according to a filing with the SEC. Based in San Jose, Calif., the company has now raised $26.8 million to date, and is backed by August Capital, Mayfield Fund, Levensohn Venture Partners, Investcorp Technology Ventures and Tenaya Capital. Previously, Lehman Brothers provided some financing before going bankrupt and spinning off Tenaya.

Companies: August Capital, Investcorp Technology Ventures, Levensohn Venture Partners, Mayfield Fund, Tenaya Capital, Ubicom

Article courtesy of VentureBeat » Deals & More

Kineto Wireless, provider of software that allows mobile phones to work on both cellular and Wi-Fi networks, has brought in $9 million of an anticipated $15 million round of equity, according to a filing with the SEC. Based in Milpitas, Calif., the company has raised $24.5 million to date from Venrock Associates, Sutter Hill Ventures, Oak Investment Partners and Motorola Ventures, among others.

Companies: Kineto Wireless, Motorola Ventures, Oak INvestment Partners, Sutter Hill Ventures, Venrock Associates

Article courtesy of VentureBeat » Deals & More

Kineto Wireless, provider of software that allows mobile phones to work on both cellular and Wi-Fi networks, has brought in $9 million of an anticipated $15 million round of equity, according to a filing with the SEC. Based in Milpitas, Calif., the company has raised $24.5 million to date from Venrock Associates, Sutter Hill Ventures, Oak Investment Partners and Motorola Ventures, among others.

Companies: Kineto Wireless, Motorola Ventures, Oak INvestment Partners, Sutter Hill Ventures, Venrock Associates

Article courtesy of VentureBeat » Deals & More