Mobile advertising network InMobi has sealed a $200 million investment from Japan's Softbank Corp. The round will take place over two tranches – a $100 million infusion this month, followed by another $100 million in April 2012. Softbank joins existing investors Kleiner Perkins Caufield & Byers and Sherpalo Ventures. Formed in 2007, InMobi has now sealed one of the largest investments in the mobile advertising space.
3 min read · 15 September 2011
NABsys Inc., a developer of solid-state electronic systems for single-molecule DNA sequencing and analysis, has closed a $10 million Series C round. Stata Venture Partners led the round, bringing the total raised by the company to $21 million. NABsys is based in Providence, R.I.
2 min read · 15 September 2011
Tail-f Systems, a Stockholm-based leading provider of configuration management and network automation software, has wrapped up a $4 million second round led by SEB Venture Capital, the venture capital arm of the SEB Group. The company will use the funds to expand its business development, sales, and channel infrastructure.
2 min read · 14 September 2011
Molycorp Inc., a listed provider of rare-earth metals, has put an undisclosed amount into venture-backed Boulder Wind Power, and sealed a spot on the company’s board, Reuters reported. Molycorp said it would buy convertible preferred stock as part of Boulder, Colorado-based Boulder Wind's efforts to raise $35 million in capital. Existing backer New Enterprise Associates also contributed to the financing round, Reuters said.
2 min read · 14 September 2011
meQuilibrium, a company creating online stress-management tools, has raised $2.3 million from Chrysalis Ventures, RIME Communications Capital and undisclosed individuals. The company’s online platform includes a stress tracker app that allows consumers to monitor and manage their stress. Chrysalis Principal Wright Steenrod joined the company’s board as a result of the round.
3 min read · 14 September 2011
Benchmark Capital led an $8.5 million round for mobile gaming startup Red Robot Labs. Shasta Ventures and existing investors Rick Thompson, co-founder of Playdom, and former Facebook executive Chamath Palihapitiya also participated in the Series A round. The company will use the infusion to continue development of its gaming platform, and for growth efforts.
3 min read · 14 September 2011
Miracor Medical Systems, an Austrian medical device company, has raised $10 million in a first close of its Series B round. The company is backed by Austria Wirtschaftsservice and German venture capital investor SHS Gesellschaft für Beteiligungsmanagement, as well as Earlybird and Delta Partners. Miracor was formed in 2008, and has raised a total of $21.3 million.
5 min read · 14 September 2011
Enterprise cloud storage startup Zetta has closed on $9 million in a third round from investors including Foundation Capital and Sigma Partners. The company has inked a total of $31.5 million to date, and is using the new cash to bulk up sales, marketing and product development efforts.
2 min read · 14 September 2011
Data analytics company Opera Solutions has raised $84 million from a group of investors including Silver Lake Sumeru, Accel-KKR, Invus Financial Advisors, JGE Capital Management and Tola Capital, Reuters reported Wednesday. Silver Lake led the round, which is the company's first institutional funding.
1 min read · 14 September 2011
3 min read · 13 September 2011
