Altor Networks, a Redwood Shores, Calif.-based provider of security for virtualized data centers and clouds, has raised $10 million in Series B funding. DAG Ventures and Juniper Networks were joined by return backers Accel Partners and Foundation Capital.
2 min read · 02 March 2010
Thermo Fisher Scientific Inc. (NYSE: TMO) has completed its previously-announced acquisition of Ahura Scientific Inc., a Wilmington, Mass.-based developer of optical systems for the detection of unknown and suspect substances. The deal was valued at $145 million in cash, plus an undisclosed amount of earnouts based on 2010 financial milestones. Ahura Scientific had raised nearly $30 million, from firms like ARCH Venture Partners, Castile Ventures, Fuse Capital (fka ComVentures) and GF Private Equity.
2 min read · 02 March 2010
ExactTarget, an Indianapolis-based maker of email marketing software, has acquired CoTweet, provider of a Web-based collaboration platform that allows companies to manage multiple Twitter accounts from a single dashboard. ExactTarget has raised around $155 million in VC funding, from Technology Crossover Ventures, Battery Ventures, Insight Venture Partners, Ontagu Newhall and Scale Venture Partners. CoTweet has raised a small amount of funding from First Round Capital, Founders Fund and Maples Investments.
4 min read · 02 March 2010
Aimetis Corp., a Waterloo-based provider of video surveillance technologies for the retail and transportation markets, has raised C$5 million in VC funding. Backers include Covington Capital.
2 min read · 02 March 2010
1 min read · 02 March 2010
Shocking Technologies Inc., a San Jose, Calif.-based developer of voltage switchable dielectric materials, has raised $8 million in Series B-1 funding. Vista Ventures led the round, and was joined by fellow return backers Arch Ventures, ATA ventures, Balch Hill Capital. Korea's SkyLake Incuvest & Co. also participated. Shocking Technologies previously raised $17.1 million in equity and $4 million in venture debt.
2 min read · 02 March 2010
Pivot3 Inc., a Spring, Texas-based developer of high-definition storage based on distributed RAID, has raised $25 in Series D funding. Focus Ventures led the round, and was joined by return backers InterWest Partners, Lightspeed Venture Partners, Mesirow Financial and Silver Creek Ventures. The company previously raised around $40 million.
2 min read · 02 March 2010
Audience, a Mountain View, Calif.-based provider of voice processing solutions enabled with noise suppression, has raised $15 million in Series E funding. Return backers included New Enterprise Associates, Tallwood Venture Capital, Vulcan Capital and VentureTech Alliance. The company has now raised $75 million.
2 min read · 02 March 2010
Prudent Energy, a Beijing-based developer of energy storage technology to for electricity grid operations and integration of large scale renewable energy, has raised around $22 million in Series C funding. Northern Light Venture Capital led the round, and was joined by Sequoia Capital China and return backers DFJ and DT Capital.
5 min read · 02 March 2010
NetBase, a Mountain View, Calif.-based developer of semantic search technologies, has raised $9 million in Series C funding from Altos Ventures and Thomvest Ventures.
3 min read · 02 March 2010
