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Aliso Viejo-based Networks In Motion , a developer of location-based, wireless navigation software, has been acquired for $170M. TeleCommunications Systems said it was advised by Raymond James & Associates in the deal, with Networks In Motion advised by Jeffries & Co. READ MORE>>.
OVP Venture Partners , a venture firm in Oregon and Washington, is highlighting its latest "missed deal" in Aliso Viejo-based Networks In Motion. NIM, which was acquired last week for $170M, had been backed by venture firms Redpoint Ventures, MissionVentures, and Sutter Hill Ventures.
Nirvanix is a provider of a cloud storage service targeted at enterprises and web application developers; Nasuni develops a virtual network attached storage (NAS) file server that runs on VMware. Nirvanix is backed by Intel Capital, Valhalla Partners, MissionVentures, Windward Ventures, and the European Founders Fund.
La Jolla-based Ortiva Wireless , a developer of mobile video optimization technology, confirmed Tuesday afternoon that it has raised $8M in its Series C funding. The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and MissionVentures. READ MORE>>.
La Jolla-based Ortiva Wireless , a developer of wireless software used for handling video streaming over mobile networks, has raised $8.0M funding round, according to a recent regulatory filing by the firm. The funding included prior investors Artiman Ventures, MissionVentures, and Comcast Interactive Capital.
Nirvanix said CommVault customers can select the firm's Storage Delivery Network (SDN) product via a drop-down selection within the Simpana software. Nirvanix provides storage-as-a-service through an online network. READ MORE>>.
San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The firm said the new round is a Series B, and comes from investors Intel Capital, MissionVentures, Valhalla Partnes, and Windward Ventures.
San Diego-based Transaction Wireless announced this morning that it has raised $2.25M in a Series A funding. The funding came from MissionVentures and Okapi Ventures. Transaction Wireless said the funding will go towards sales and marketing expansion, technology development, and customer deployment.
The focus of this panel is to explore Ventures in Mobile/Wireless technologies how a deal is accomplished and how the company is valued, funded, executed, branded, and brings consumers into focus. Tuesday, September 14, 2010 -- Mobile /Wireless Technologies. See [link] (more).
Venice Beach-based Access 360 Media, which operates an out-of-home advertising network, said today that it has raised $8M in a Series B funding round. The round was led by MissionVentures, and also included Bessemer Venture Partners.
Sodahead.com, which operates a web site where users can ask and answer questions, share opinions, and network with other users, said that it has now recorded more than 5 million votes and 8 million comments on the site. in venturefunding since its launch in September of 2007.
Demand offers up a network of online, content driven web sites--plus a healthy domain name registration business--and has garnered lots of attention for specifically creating content for search engines. Venture backers : Anthem Ventures, the Mailroom Fund, Rincon Venture Partners. www.cocodot.com).
Slacker offers a personalized stream of music, which is updated via a network connection but also supports caching of music when not connected to a network. The firm is venture backed by Austin Ventures, Centennial Ventures, MissionVentures, and Sevin Rosen Funds. READ MORE>>.
Slacker, which is venture backed by Centennial Ventures, Rho Ventures, MissionVentures and Sevin Rosen Funds, said that its new Slacker G2 Personal Radio Player offers the ability for users to listen to their Slacker Radio stations, even when not connected to a Wi-Fi network.
The certification covers the Nirvanix CloudNAS service, which creates a virtual network-attached-storage (NAS) device using Internet-based storage from the Nirvanix service for data storage. Nirvanix is backed by Intel Capital, Valhalla Partners, MissionVentures, Windward Ventures, and the European Founders Fund.
GGL operates a video game social networking site, which provides news, communities, and online gaming tournaments and competitions. The firm is venture backed by MissionVentures, Selby Ventures, and the Tech Coast Angels; the firm's technology is a result of CIA-funded research efforts at USC. READ MORE>>
Nirvanix provides cloud-based storage which can be used by both Internet and web-based businesses, as well as enterprises; the firm recently hired a VP of Sales from Brocade, and in October rolled out CloudNAS, software which creates a network-attached-storage device based entirely on the firm's Internet-based cloud storage API. READ MORE>>.
The numbers were driven by large dollar fundings in the clean technology sector, including large rounds to PowerGenix, Aptera Motors, and Pentadyne. The totals reported may differ from other venture capital surveys, due to sources of information, timing of funding events, and classification of data.
funding round for the firm's travel booking service. We caught up with Eric Hovanec, the firm's CEO, and Steve Reich, the firm's SVP of Sales, to hear more about the funding. What will the funding be used for? We're expanding our distribution network, adding tools and services for our suppliers, and beefing up operations.
Alex Roudi, the San Diego investor backing the Plug and Play program here, has described the local effort as a bridge to Silicon Valley, by enabling the San Diego companies to make connections and raise funding in the Bay Area. The other partners are Edward Adato and Daniel Schwarzblat.). “I billion under management. It’s really cool.”.
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