Tag Archive | "wire"

Talari Networks gets $10M to make company networks 99.99% reliable

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Talari Networks, a maker of appliances that enhance enterprise wide area networks (WAN), has brought in $10 million in equity, according to a filing with the SEC. Based in Cupertino, Calif., the startup develops adaptive private networking (APN), which it claims increases reliability of a tech company’s existing network while decreasing monthly costs. Talari makes products for locations ranging in size from large data centers to small offices. The company last raised $6.2 million in 2009 from Menlo Ventures and angel investors.

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Pie Digital lands $3.7M to make home networking “easy as pie”

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Pie Digital, a startup that simplifies installation and maintenance of home networks, has raised $3.7 million of a targeted $6 million in a third round of funding, according to a filing with the SEC. The San Francisco-based company makes a software platform and desktop device to help consumers connect digital devices in the home, providing them with tech support and enabling them to easily share documents, music and photos.

Pie Digital is backed by the Foundry Group and T-Com Venture Fund, which is managed by the venture capital arm of Deutsche Telekom. The startup last raised $6 million in equity in February.

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Research In Motion In Tentative Agreement With Saudi Arabia

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Saudi Arabia and the country’s phone companies have reached a tentative deal with Research In Motion (RIMM) that will allow continued use of BlackBerry smart phones in the country, Dow Jones Newswires reports. The deal calls for a server to be set up in the kingdom, the wire service reports, [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Apple Reportedly In Talks To Buy China-Based Handseeing

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Apple (AAPL) is in talks to buy Chinese game software maker Handseeing, an executive at the China-based company told Reuters. Based in Sichuan province, Handseeing makes games based on Chinese folklore.
“We should have a decision in about one or two months,” Tian Bo, vice-president for operations told the wire [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Joyent lands $7M to bring companies into the cloud

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Cloud service provider Joyent has raised $7 million in a second round of funding. The San Francisco startup expects to raise a total of $15 million, according to a filing with the SEC. Last month, Joyent announced the acquisition of Vancouver-based LayerBoom Systems, a company that makes software for hosting providers.

Professional networking site LinkedIn and luxury sample sale site Gilt Groupe are both Joyent customers. By relying on Joyent’s cloud technologies rather than making significant hardware investments, Gilt Groupe claims it is able to spend less than one percent of revenue on infrastructure.

Founded in 2004, Joyent initially raised a small seed round from investor Peter Thiel, and in November the startup raised an additional $4 million from Intel Capital.

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Tenaxis seals a $9.6M deal for surgical product

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Tenaxis Medical, a developer of sealants that close surgical incisions, has raised $9.6 million of an expected $16.6 million in equity, according to a filing with the SEC. The company’s ArterX Vascular Sealant can achieve hemostasis, or cause bleeding to stop, in 15 seconds after it is applied to a suture line. Tenaxis is currently working on a new sealant for the gastrointestinal tract as well.

The company was founded in 2004 and is based in Mountain View, Calif.

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Circuit board printer Maskless Lithography gets $4.1M

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Maskless Lithography, a startup that produces printed circuit boards, has raised $4.1 million of an expected $6.4 million in equity and debt. TL Ventures and U.S. Venture Partners participated in the round, according to a filing with the SEC. The company’s technology can print high volumes at fast speeds and low cost relative to traditional contact printing.

Based in San Jose, Maskless last raised $1 million in September 2009 and has raised more than $42 million in funding to date.

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Apixio gets $1.5M to provide access to medical information

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Apixio, a maker of software for viewing medical records, has brought in $1.5 million of an expected $2.5 million in equity, options, warrants and other securities, according to a filing with the SEC. Based in Menlo Park, Calif., the startup allows patients and healthcare providers to search and analyze medical data from multiple clinics and hospitals. Apixio was founded in 2009 and raised $500,000 from undisclosed investors that year.

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Plum District gets $2.1M to bring daily deals to busy moms

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Social shopping site Plum District has raised $2.1 million in a first round of funding, according to a filing with the SEC. Like shopping sites Gilt, RueLaLa and Groupon, Plum District offers daily deals, but the site differentiates itself by catering its local deals–including day camps, groceries and spa treatments–to busy mothers. Backed by Vigran Ventures, the site launched in May and is currently available in the San Francisco Bay Area but has plans to expand to other major cities soon.

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iKoa gets $7.8M more for low power semiconductors

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iKoa, maker of semiconductor products with low power consumption, has raised $7.8 million of an expected $12.6 million in equity, according to a filing with the SEC. Based in Menlo Park, Calif. with an engineering office in Hyderabad, India, the startup makes products for consumer devices including mobile phones and personal computers. iKoa is backed by Khosla Ventures and Catalyst Partners and previously raised more than $11 million in funding.

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