1 min read · 10 March 2010
1 min read · 10 March 2010
Ron Bernal has joined New Enterprise Associates as a venture partner. He previously was a partner with Sequel Venture Partners, and is a director on the boards of four NEA portfolio companies: Boulder Wind Power, Data Robotics, HelioVolt and ProStor.
3 min read · 09 March 2010
3 min read · 09 March 2010
ActiveTrak Inc., a Portland, Ore.-based provider of mobile endpoint security solutions, has raised an undisclosed amount of first-round funding led by strategic backer ProtectCell.
2 min read · 09 March 2010
The European Space Agency has launched The Open Sky Technologies Fund, an early-stage VC that will back companies that apply space technologies and satellite applications to terrestrial industries. It will be managed by Triangle Venture Capital Group, and so far has closed on €15 million of its €100 million target.
3 min read · 09 March 2010
SiBeam Inc., a Sunnyvale, Calif.-based developer of semiconductor systems solutions for wireless communications platforms, has raised $36.5 million in Series D funding. Return backer Foundation Capital led the round, and was joined by new investors Lux Capital and Hatteras Funds. Also participating were existing shareholders U.S. Ventures Partners and New Enterprise Associates. The company previously raised more than $80 million.
3 min read · 09 March 2010
Team Europe Ventures of Berlin has launched a €6 million fund for Internet and mobile Internet startups. It will focus on European companies, but also will make U.S. investments. The fund expects to make between four and five investments per year, with a maximum of €500,000 per company.
4 min read · 09 March 2010
1 min read · 09 March 2010
Scale Computing, an Indianapolis-based provider of end-to-end midmarket clustered storage solutions, has raised $9 million in Series B funding. Benchmark Capital led the round, and was joined by return backers Blue Chip Venture Co., CID Equity and Spring Mill Venture Partners.
3 min read · 09 March 2010
