Eucalyptus Systems Inc., a Santa Barbara, Calif.-based developer of an open-source private cloud platform, has raised $5.5 million in Series A funding. Benchmark Capital led the round, and was joined by BV Capital.
4 min read · 29 April 2009
Quantenna Communications Corp., a Sunnyvale, Calif.-based fabless maker of wireless chipsets, has raised $13.85 million in Series C funding. Southern Cross Venture Partners led the round, and was joined by return backers Grazia Equity, Sequoia Capital, Sigma Partners and Venrock. The company has now raised more than $42 million in total VC funding.
4 min read · 29 April 2009
DigitalBridge Communications Corp., an Ashburn, Va.-based provider of WiMax broadband service to underserved communities, has raised an undisclosed amount of new venture capital funding. National Rural Telecommunications Cooperative was joined by return backers Paladin Capital Group, RedShift Ventures, CNF Investments and Novak Biddle Venture Partners. The company previously raised over $30 million in equity, plus $16.5 million in debt.
6 min read · 29 April 2009
Conductor Inc., a New York-based provider of enterprise SEO measurement and optimization solutions, has raised $10 million in Series A funding. Matrix Partners led the round, and was joined by return backer FirstMark Capital.
3 min read · 29 April 2009
Associated Content, a Denver-based online publishing company focused on both professional and user-generated content, has raised $6 million in Series C funding. Return backers include Canaan Partners, Softbank Capital and Tim Armstrong. It had previously raised $15.4 million.
3 min read · 29 April 2009
ShotSpotter Inc., a Mountain View, Calif.-based provider of gunshot location systems for the public safety and military markets, has acquired the Planning Systems Inc. unit of QinetiQ North America. No financial terms were disclosed. ShotSpotter has raised just over $30 million in VC funding, from firms like Band of Angels, City Light Capital, Claremont Creek Ventures, Labrador Ventures, Lauder Partners, Levensohn Venture Partners, Norwest Venture Partners, Broidy Capital Management and The Westly Group.
3 min read · 28 April 2009
1 min read · 28 April 2009
Chint Solar, a Chinese solar power producer, has raised $50 million in first-round funding co-led by Cybernaut and Shanghai Alliance Investment Ltd. Chint Solar was formed in 2006 as a subsidiary of Chinese electrical and power conglomerate Chint Group. It reached 100 MW of production capacity in July 2008, and expects to reach 1,100 MW production capacity by 2012.
2 min read · 28 April 2009
CoolIT Systems, a Calgary-based provider of electronics cooling solutions, has acquired the Thermal Liquid Cooling assets of Delphi Corp. No financial terms were disclosed. CoolIT Systems recently raised C$6.2 million in VC funding from iNova Capital, AVAC Ltd. and individual angels.
2 min read · 28 April 2009
Jodange Inc., a New York-based developer of an online "opinion utility", has raised $1.2 million in first-round funding. Big Red Ventures led the round, and was joined by individual angels Dennis Bennie, Nick Grewal and Eyal Shavit. The company's technology is designed to automatically extract opinions from online content. in order to understand sentiment.
2 min read · 28 April 2009
