VCJ Staff

Teambox Gets $250,000 Seed Funding, Names Manel Sarasa A Director

Teambox closed on a $250,000 seed funding from an angel investor. Manel Sarasa also joined the company’s board. Sarasa is vice chaiman of an ERP company called Openbravo. Teambox of Barcelona, Spain is a social media collaboration tool.

Anobit Closes $32M Funding Round Led by Intel Capital

Anobit Inc. closed a $32 million funding round. Intel Capital led the financing for the provider of solutions to the NAND flash memory market. Anobit of Herzeliya Pituach, Israel, has raised a total of more than $70 million to date.

Ortiva Wireless Closes $8M Series C Financing Led By Intel Capital

Ortiva Wireless raised $8 million in its Series C financing. Intel Capital led the round. Existing investors Comcast Interactive Capital, Artiman Ventures and Mission Ventures participated in the funding. Ortiva is a La Jolla, Calif.-based company engaged in dynamic mobile video optimization. It plans to use the capital to expand sales, marketing and engineering resources to meet demand and market opportunity.

GameGround Raises $5.3 Million Via Series B Financing

GameGround raised $5.3 million in a Series B funding round. Sequoia Capital, Softbank Capital, Vodafone Ventures and Novel TMT Ventures participated in the financing for the New York-based developer of a personalized gaming app. GameGround also launched the app and service in beta testing.

CoolPlanetBiofuels Secures $8 Million

CoolPlanetBioFuels secured $8 million in financing. The round was led by North Bridge Venture Partners. GE Energy Financial Services participated in the round. Camarillo, Calif.-based CoolPlanetBioFuels is developing a technology that converts low-grade biomass into high-grade fuel and carbon.

Intel Capital Invests $77 Million In 18 Start-Ups - Reuters

Chipmaker Intel Corp. invested $77 million in start-ups and has taken new equity in 18 companies, Reuters reported. Intel made investment in companies that focus on areas, such as cloud computing and Web-enabled television, as well as social media and mobile devices.

Marketo Accelerates Growth, Leadership with $25M Financing

SilkRoad Technology Raises $40 Million

Verismo Networks Raises $17 Million in Intel Led Round

Apple Inc. Signs Pact To Offer The Beatles’ Songs On ITunes

Apple Inc. reached an agreement to make the Beatles’ catalog of songs available on iTunes. News of the deal was first reported by the Wall Street Journal. EMI Group Ltd., which is the record label for the Beatles, is a portfolio company of U.K.-based Terra Firma Capital Partners Ltd.