2 min read · 04 February 2010
Dave Asprey has joined Trinity Ventures as an entrepreneur-in-residence. He previously was VP of technology and corporate development with Blue Coat Systems.
2 min read · 04 February 2010
1 min read · 03 February 2010
Synopsys Inc. (Nasdaq: SNPS) has acquired VaST Systems Technology Corp., a Sunnyvale, Calif.-based producer of embedded systems development technology. No financial terms were disclosed. VaST has raised nearly $42 million in total VC funding since its 1997 formation, from firms that include Allen Buckeridge, Foundation Capital, ZenShin Capital and Mohr Davidow Ventures.
2 min read · 03 February 2010
1 min read · 03 February 2010
IBM has agreed to acquire Initiate Systems Inc., a Chicago-based provider of master data management solutions for the exchange of health information. No financial terms were disclosed. Initiate Systems has raised over $67 million in VC funding, from Apex Venture Partners, First Analysis Group, Sigma Partners, BlueCross BlueShield Venture Partners and Paladin Capital Group. It canceled a proposed IPO in 2008.
5 min read · 03 February 2010
Tom Cech has joined Morgenthaler Ventures as a special advisor. He is the 1989 recipient of the Nobel Prize in Chemistry, and currently runs the University of Colorado’s Initiative of Molecular Biotechnology.
2 min read · 03 February 2010
Yammer, a San Francisco-based provider of enterprise microblogging and real-time communications solutions, has raised $10 million in Series B funding. Emergence Capital led the round, and was joined by SV Angel and return backers Charles River Ventures and Goldcrest Investment. Jason Green of Emergence and Ron Conway of SV Angel are joining the company's board of directors. No mention of Founders Fund, which participated in Yammer's $5 million Series A round.
3 min read · 03 February 2010
Black Sand Technologies Inc., an Austin, Texas-based developer of mixed-signal semiconductors, has acquired a patent portfolio related to CMOS power amplifiers (PAs) from Silicon Laboratories. No financial terms were disclosed. Black Sand has raised around $18 million in VC funding from Austin Ventures and North Bridge Venture Partners.
2 min read · 03 February 2010
Marco DeMiroz has been named COO and CFO of Soliant Energy, a maker of concentrated solar energy systems for commercial rooftops. He previously served as Soliant's interim CEO and, before that, was a venture capitalist with both Trinity Ventures and Selby Ventures. Soliant has raised over $30 million from Trinity, Nth Power and Rockport Capital Partners.
3 min read · 03 February 2010
