FlashSoft, a developer of flash virtualization technology, has closed on a $3 million round of funding led by early statge investor Thomvest Ventures. The company also released its software, designed to enable enterprise flash as a cost-effective, server-tier computing resource. FlashSoft is based in Mountain View, Calif.
6 min read · 28 June 2011
Online travel network TravelShark has closed on $5 million in financing from DLA Holdings, a Singapore-based private equity firm. TravelShark has raised a total of $8 million to date. With the new funding, the company aims to expand its network of 12,000 travel web sites, the company said.
2 min read · 28 June 2011
Mandiant, a developer of threat detection and response security software and services, has raised an undisclosed amount from One Equity Partners, the private investment arm of JPMorgan Chase, and venture firm Kleiner Perkins Caufield & Byers. Terms of the investment were not released. As a result of the round, KPCB’s Ted Schlein and One Equity’s A. Jody Gessow will join the company’s board.
3 min read · 27 June 2011
ViVOtech has raised $24 million in an extension to its Series C financing. New investors EDBI, SingTel Innov8 and Motorola Solutions Venture Capital participated in the round. Current backers Alloy Ventures, Citi Ventures, Draper Fisher Jurveston, DFJ Gotham, First Data Corporation, Miven Ventures, Motorola Mobility, Nokia Growth Partners and NCR also participated. ViVOtech, a Santa Clara, Calif.-based provider of wireless payment software and chips, will use the money to expand its international reach.
5 min read · 27 June 2011
Glen Burnie, Md.-based NovaSom Inc., a developer of medical technologies for the sleep disorder market, has raised $35 million in new funding. Publicly traded Safeguard Scientifics led the round, which participation from existing shareholders TPG Biotechnology II Fund and Quaker BioVentures. The money will help fund growth, the company said, and continue development on its diagnostic medical device and cloud-based patient management portals.
4 min read · 27 June 2011
Ivantis, a developer of a glaucoma treatment, has raised $17 million in new funding from New Enterprise Associates and Delphi Ventures. The money, a second round for Ivantis, will be used for clinical trials of the company’s medial device.
3 min read · 27 June 2011
2 min read · 24 June 2011
3 min read · 23 June 2011
3 min read · 23 June 2011
Allegiance Inc. has raised $12 million in Series B financing. New investor El Dorado Ventures led the round, which included funding from Rembrandt Venture Partners and Allegis Capital. The company, based in Salt Lake City, makes cloud-based technology to help companies better analyze and apply customer and employee feedback.
3 min read · 23 June 2011
