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SlideRocket Comes to the Google Apps Marketplace

by Tim Ruiz on March 10, 2010
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SlideRocket has made the move to expand its customer base by entering the Google Apps Marketplace. SlideRocket specializes in streamlining the presentation process, enabling professionals to incorporate clear communication and stunning visuals into their work. The company’s platform works with Google Docs to convert information into vibrant and high quality presentations.

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Limerick BioPharma Sees Positive Results in Trials of drug Designed to Aid in Organ Transplants

by Tim Ruiz on March 10, 2010
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San Francisco based therapeutics company Limerick BioPharma has announced it has seen positive results for a Phase 1a trial for LIM-0705, a compound being developed to be administered alongside tacrolimus, a treatment used to block the rejection of transplanted organs that also produces toxicities in the pancreas, brain, and kidneys. LIM-0705 prompts the body the body to pump tacrolimus out of vulnerable cells in the body while maintaining its effect against tissue rejection.

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601 Gateway Blvd., Suite 700
South San Francisco CA 94080
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http://www.limerickbio.com

Sevin Rosen Funds , ARCH Venture Partners

  • We currently have no open positions

Manage Your PC or Mac from Your iPhone (and soon Android) with LogMeIn

by Tim Ruiz on March 09, 2010
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Remote systems management leader LogMeIn has given smartphone users yet another reason to love their mobile devices with its latest innovation that enables iPhone users to remotely manage their PCs and Macs from their devices, including all the files and applications on them.

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SiBEAM Secures $36.5 Million in Funding to Market Wireless HD Chipsets

by VentureLoop on March 09, 2010
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Wireless communications company SiBEAM has just closed a Series D funding round worth $36.5 million. Foundation Capital led the financing alongside US Ventures Partners and New Enterprise Associates. Lux Capital and Hatteras Funds also participated as new investors while Best Buy Inc and Cisco contributed equity investments.

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Posterous Offers New Bloggers a No Fuss Route to Building an Online Presence

by Tim Ruiz on March 08, 2010
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Posterous, one of the most thoughtful and creative sites on the Internet that I’ve come across in a long time, has closed a round of Series A financing worth $4.4 million. The funding was provided by Redpoint Ventures and Trinity Ventures with participation of angel investors SV Angel, Founder Collective, Lowercase Capital, XG Ventures, Brian Pokorny, and Aydin Senkut.

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Recurrent Energy and SunLink Working Together to Install Solar Modules on the Roof of the Sunset Reservoir in San Francisco

by Tim Ruiz on March 08, 2010
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Solar power project developer Recurrent Energy and SunLink Corporation are a step closer to bringing online the country’s largest municipal solar installation, as SunLink has announced that it has shipped a roof module mounting solution to be used at the Sunset Reservoir in San Francisco, California.

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1700 Montgomery Street,
San Francisco CA 94111-1023
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http://www.recurrentenergy.com

Mohr Davidow Ventures , CleanLoop

  • We currently have no open positions

TSCi Fuel Injection System Outperforms Hybrid Competitors

by Tim Ruiz on March 08, 2010
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For my next car, I planned on buying one that was more fuel efficient than most, probably a hybrid of some sort. With all the recent car recalls, a couple of which involved hybrids, I’m a bit on the fence about which one to go with when I do decide to buy. It’s for this reason that Transonic Combustion’s latest technology caught my eye. The TSCi Fuel Injection system will offer drivers greater fuel efficiency alongside a decreased carbon output.

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TimeBridge’s MeetWith.Me Scheduling Tool Will Streamline Meetings Through LinkedIn and Other Social Media Platforms

by Tim Ruiz on March 05, 2010
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TimeBridge, a web application scheduling service, has released its latest product, MeetWith.Me, which is designed let its users post, publish, or socialize their availability with the hopes of allowing for seamless scheduling of meetings. The company also released a widget for LinkedIn that lets its users view LinkedIn profiles from inside the TimeBridge Meeting Room. TimeBridge’s newest products will let users plan their schedules with greater ease and achieve a higher level of productivity than was previously possible.

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840 Battery, 2nd Floor
San Francisco CA 94111
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http://www.timebridge.com

Mayfield Fund

  • We currently have no open positions

Vlingo’s New Voice Enabled App Fills a Gaping Hole in the iPhone’s Functionality

by Tim Ruiz on March 05, 2010
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As if the iPhone wasn’t great already, Vlingo has introduced a new App that makes Apple’s miracle phone even better than it already is by enabling it to take voice commands for some of its key functions.

 

The latest version of Vlingo’s App comes after high demand was expressed for the program to be able to do more functions than was previously possible. In response to the large number of requests, Vlingo designed the new version with six key aspects in mind. The new App allows users to send emails by speaking the name of the recipient, subject, and message. Text messages can also be sent in a similar fashion. Naturally, phone calls can also be made through the voice recognition technology, so users don’t have to worry about having their hands free.

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Socialtext 4.0 Makes Company Wide Collaboration Simple

by Tim Ruiz on March 04, 2010
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The ability to collaborate online is a vital aspect of telecommuting or working out of the office. Talking in real-time through instant messaging improves efficiency and can save companies a lot of money. Socialtext 4.0 is no exception to the rule, allowing employees across an entire company to interact with anyone else.

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Hi5 Now Supports Facebook Compatible Games, Increasing the Site’s Offering of Titles

by Tim Ruiz on March 04, 2010
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As if online gaming wasn’t popular enough, social gaming site Hi5 is gearing up to draw in even more players with the introduction of Facebook compatible APIs (application programming interfaces), enabling game developers to distribute their games on Hi5’s site and make the site the largest to support OpenSocial and Facebook compatible APIs.

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NetBase Grabs $9 Million in Funding After 2009 Saw Customer Base Grow by Over 300 Percent

by Tim Ruiz on March 04, 2010
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The explosion of blogs and other social media on the Internet has posed a significant challenge to many organizations, which often must devote considerable resources towards sifting through mountains of information. It’s for this reason that NetBase has had its hands full in helping companies manage their searches in an affordable manner. To keep up with the demand for their services, NetBase recently closed a round of Series C financing worth $9 million led by Altos Ventures and Thomvest Ventures.

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Buy, Create, and Frame Art from Your iPhone

by Tim Ruiz on March 03, 2010
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With thousands of Apps available for the iPhone, the miracle device can help its users complete thousands of everyday tasks. Now, iPhone owners can use their smartphone devices for decorating too, as Art.com has released a free App that provides easy access to a wide range of art work and even helps potential art buyers get a feel for what their homes would look like should a purchase be made.

 

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Growing Demand for Solar Power Nets SolarCity Another $90 Million in Funding from U.S. Bancorp

by VentureLoop on March 03, 2010
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SolarCity’s success appears to be as reliable and undeniable as the sun from which it generates power, as the company has announced it has secured even more funding to fuel its work to make solar power common place. This time, the funding comes in the form of $90 million from the U.S. Bancorp Community Development Corporation, a division of U.S. Bancorp. This will be the third collaboration between USBCDC and SolarCity, totaling $190 million in projects in 2009 and 2010 across three separate funds.

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California Gubernatorial Hopeful Jerry Brown Introduces Bill Requiring Mandatory Power Storage During Peak Hours

by Tim Ruiz on March 03, 2010
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Electricity industry experts are keen to say that there is no silver bullet to solving California’s energy demands, but rather the answer lies in diversifying power sources. Renewable energy projects, such as the Ivanpah Solar Power Facility set to be built in the Mojave Desert, will undoubtedly be a key component of the solution.

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Toyota Turns to Twitter for Damage Control

by Tim Ruiz on March 02, 2010
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Automotive giant Toyota is struggling to reclaim its reputation as a producer of quality cars, and anyone watching traditional media can tell you that most of what is being said is usually negative. Toyota is countering much of the trash talk being spewed by the pretty talking heads on TV by launching its own branded channel on TweetMeme. The channel is called Toyota Conversations and it helps readers find the top stories on Twitter that relate to the embattled auto giant. It also features links to a number of sites on the Internet, including the official Toyota site.

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VentureLoop launches LoopTwo, Offers outsourced Recruiting, HR and Social Media Marketing Services

by Jeremy McCarthy on March 02, 2010
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VentureLoop is excited to announce the launch of LoopTwo, a professional services arm that will provide outsourced recruiting, human resources, and social media marketing to venture-backed companies.  The unveiling of LoopTwo will allow us to provide a more comprehensive solution for growing portfolio companies.  Our consultants have worked for some of the most recognized companies in the world, including Apple, Cisco, Microsoft, Google, Intuit, Yahoo, Electronic Arts, PricewaterhouseCoopers, Amgen, Genentech and many more.

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Xoom.com Offering Fee-free Money Transfers to Chile in Response to Earthquake

by Tim Ruiz on March 01, 2010
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In response to the massive earthquake that struck Chile, money transfer site Xoom.com is offering fee-free transfers when sending money to Chile from the U.S. and most other nations. Those interested in sending transfers can do so from the Xoom website through March 8, 2010 by entering coupon code AYUDACHILE.

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100 Bush Street, Suite 300
San Francisco CA 94104
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http://www.xoom.com

Sequoia Capital

  • We currently have no open positions

Unique New Website Design for First Round Capital

by Jeremy McCarthy on March 01, 2010
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Check out the new website design for our client, First Round Capital.  FRC is always pushing the envelope with unique designs and features for their site.  The new site features a Facebook Newsesque stream of content for tweets, blog postings, events, jobs, and more.  It gives a real-time view of happenings at FRC in several facets of their activities for the firm, their partners, and their portfolio companies.

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100 Four Falls Corporate Center
West Conshohocken PA 19428
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http://www.firstround.com

First Round Capital

  • We currently have no open positions

FDA Grants Emergency Authorization to Diagnostic Hybrids for Use of H1N1 ID Kit as Public’s Complacency of Threat Grows

by Tim Ruiz on February 26, 2010
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The United States Food and Drug Administration has granted Diagnostic Hybrids emergency use authorization for its D3 Ultra 2009 H1N1 Influenza-A Virus ID Kit, a tool specially designed to detect the virus. The kit will be used on patients who exhibit influenza symptoms and who previously tested positive for Influenza-A. Emergency use authorization allows the kit to be used in light of a lack of effective alternatives.

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1055 East State St., Suite 100
Athens OH 45701
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http://www.dhiusa.com

Summit Partners

  • We currently have no open positions

U.S. Department of Energy Pledges $1.37 Billion Loan to Develop BrightSource Energy’s Ivanpah Solar Power Facility in the Mojave Desert

by Tim Ruiz on February 26, 2010
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The United States Department of Energy has agreed to provide $1.37 billion in conditional loan guarantees to BrightSource Energy as the company is continuing work on its Ivanpah Solar Electricity Generating System, a 400 megawatt complex in the California Mojave Desert that will produce enough power to run 140,000 homes and reduce carbon dioxide emissions by over 400,000 tons annually.

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Visage Mobile Lands $4.5 Million in Funding to Continue Growth and Help Companies Save on Mobility Costs

by VentureLoop on February 25, 2010
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Mobility management company Visage Mobile has announced it has secured $4.5 million in Series B funds from Worldview Technology Partners, ATA Ventures, Vesbridge Partners, and Emergence Capital Partners. New investor Qualcomm Ventures also joined in the funding which will be used to fuel product development, go-to-market strategies, and services that will help companies take control of their mobility budget and manage employee usage of smartphones.

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  • We currently have no open positions

RecycleBank and Los Angeles Launch Pilot Recycling Rewards Program

by Tim Ruiz on February 25, 2010
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The city of Los Angeles is taking big steps to reduce its waste and encourage environmentally friendly practices, partnering with recycling incentive program RecycleBank to reward households for adopting recycling habits instead of simply throwing all waste in the trash. The free pilot program is being made available to 15,000 single-family homes along selected routes in the city and is meant to increase recycling rates and help participant realize savings through responsible practices. The program is part of a larger goal to achieve zero waste output in the city.

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Senate Proposes Bipartisan Visa Legislation to Revitalize Venture Capital Industry

by Tim Ruiz on February 25, 2010
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This week has been a big one for Entrepreneurs and Venture Capitalists, as Intel led the effort to revitalize startups with a pledge of $3.5 billion in funds to spur innovation and job hires. Congress is getting in on the act, too, and their participation is more than welcome. Senate Democrat John Kerry and Senate Republican and Senate Foreign Relations Committee Richard Lugar announced they are cosponsoring legislation to revitalize American venture capital by helping immigrant entrepreneurs secure visas into the country.

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Bloom Energy Unveils Revolutionary New Fuel Cell

by Tim Ruiz on February 24, 2010
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After a lot of rumors and much hype, Bloom Energy has finally launched not only its website but also an energy source called the Bloom Energy Server, a patented solid oxide fuel cell (SOFC) that is clean, reliable, and more cost effective than alternatives. Bloom states that the Server will enable companies to produce their own energy onsite.

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Walmart Acquires VUDU in Move to Make Streaming Television Mainstream

by Tim Ruiz on February 24, 2010
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Streaming video is a lot closer to becoming a mainstream reality, as retail giant Walmart has made a major push into the market with the acquisition of VUDU, a leading provider of streaming video. The deal is expected to close within a few weeks. VUDU is built into a number of HDTVs and Blue-ray players, and this latest deal with Walmart makes it more likely than ever that streaming TV could become a common media service in the U.S. and around the globe.

 

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2901 Tasman Drive, Suite 101
Santa Clara CA 95054
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http://www.vudu.com

Benchmark

  • We currently have no open positions

Google Offers $2 Million Grant to Wikimedia Foundation

by VentureLoop on February 23, 2010
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Google has issued a grant worth $2 million to The Wikimedia Foundation which the Foundation plans to use to support its operational costs, such as investments in technical infrastructure to support its traffic and capacity demands. The money will also be employed to make Wikipedia even more accessible than it is already.

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GlobalLogic’s Acquisition of Cubika Will Lead to A New Latin American R&D Hub

by Tim Ruiz on February 23, 2010
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Software R&D services company GlobalLogic has acquired Cubika, a prominent Argentine based software development firm, with plans to merge Cubika’s workforce with GlobalLogic’s global presence and Velocity platform to create a major new hub for software research and development.

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8605 Westwood Center Drive
Vienna VA 22182
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http://www.globallogic.com

Sequoia Capital , New Enterprise Associates

  • We currently have no open positions

Intel Pledges $3.5 Billion to Revitalize Venture Capital Industry and Increase Recent College Graduate Hires

by Tim Ruiz on February 23, 2010
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The economic recession hit the entire world like a ton of bricks.   Silicon Valley has also struggled due to a shrinking pool of investment funds. The region is about to see a major revitalization, though, as Intel Capital has announced plans to revitalize venture capital and the innovation it fosters with an investment of $3.5 billion in United States companies. 24 other leading VC firms will join Intel in the effort.

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YuMe Closes $25 million Funding Round as Online Advertising Market Sees Explosive Growth

by VentureLoop on February 22, 2010
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Menlo Ventures has led a round of funding worth $25 million in online advertising technology company YuMe. Accel Partners, BV Capital, DAG Ventures and also Khosla Ventures joined in the funding. As part of the agreement, Shawn Carolan of Menlo Ventures will join the board of directors at YuMe.

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Ahura Unveils Latest Tool to Help Law Enforcement Detect Illegal and Dangerous Substances

by Tim Ruiz on February 22, 2010
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Ahura Scientific unveiled its latest product this week, the TruDefender FT version 1.2, a Chemical ID system capable of detecting more than 7,500 different substances. The TruDefender FT will help law and safety officials detect a number of dangerous or illegal substances that include industrial chemicals, narcotics, and pharmaceuticals.

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46 Jonspin Road
Wilmington MA 01887
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http://www.ahurascientific.com

Velocity Interactive Group

  • We currently have no open positions

New Adobe Flash Player 10.1 Allows for High Quality Video that Transcends Smartphone Platforms

by VentureLoop on February 22, 2010
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Brightcove unveiled a major breakthrough this week in offering quality video while on the go, with the introduction of the Brightcove Mobile Experience for Adobe Flash Player 10.1 at the Mobile World. The new player will offer a superior and adaptive video viewing experience across multiple smartphone devices.

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Zynga Continues Growth with Opening of Office in India

by Tim Ruiz on February 22, 2010
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Gaming company Zynga is one of the most well know names in the online gaming industry, and with very good reason. The company’s flagship title FarmVille is the biggest and latest craze to take Facebook by storm. Zynga is extending its reach even further now, with the opening of Zynga India in Bangalore, the company’s first office outside the United States.

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New Voice Collaboration from PBworks Allows for Instant Conference Calls with a Single Click

by VentureLoop on February 18, 2010
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Hoping to save money on office space, equipment, and other costly items, many companies have turned to telecommuting and virtual workspaces as a means of reducing their operating budgets. At the same time, many of these companies still seek to enable their employees to collaborating in real-time. To meet this need, PBworks developed Voice Collaboration, which allows users to make conference calls with a single button click and without all the arduous planning ahead.

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1825 S Grant St
San Mateo CA 94402-7041
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http://www.pbworks.com

Mohr Davidow Ventures

Loopt and Table Tasting Reach Ground Breaking Agreement to Bring Restaurant and Bar Reviews to the Popular Social Media App

by Tim Ruiz on February 18, 2010
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Loopt, the social media App that lets people follow the movements of their friends around town, has teamed up with food and wine review site Tasting Table to offer Loopt users daily reviews of local restaurants, bars, and wine stores. The agreement makes Loopt the first mobile service with access to Tasting Table’s business recommendations.

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Yapta and KAYAK Team Up to Help Travelers Plan Trips and Save on Flights

by Tim Ruiz on February 18, 2010
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Travelers might have to contend with rising baggage check prices and a lack of a bill of rights that could see them from wasted hours spent on the tarmac, but they can look forward to saving some money thanks to collaboration between airfare tracking site Yapta.com and KAYAK.com, the world’s largest travel site.

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ZeaChem Creates Salable Acetic Acid, A Key Step in Making Cellulosic Ethanol A Market Reality

by Tim Ruiz on February 17, 2010
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ZeaChem, a developer of biorefineries seeking to make renewable fuels a reality, announced it has made a major step forward in bringing biofuels to the market with the production of a bio-based acetic acid at a purity level that could be marketed as salable. Acetic acid is a building block in the creation of cellulosic ethanol.

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1490 O'Brien Drive
Menlo Park CA 94025
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http://www.zeachem.com

Mohr Davidow Ventures , CleanLoop

  • We currently have no open positions

As More Companies Move to Cloud Storage, the Question Remains: Who Backs Up the Backup?

by Tim Ruiz on February 17, 2010
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It’s not exactly news, but cloud computing is increasingly becoming the preferred method to operate and store information for many business. As it should too, as it offers workers greater flexibility with work space and equipment and helps companies free themselves of expensive IT equipment and the space required to store it, not to mention maintenance costs. But the more things change, the more they stay the same. At least that seems to be what cloud storage company, Backupify, is finding, as many of its customers want cloud storage but still want the assurance of controlling their own backup copy.

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4949 Old Brownsboro Road
Louisville KY 40222
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http://www.backupify.com

First Round Capital

  • We currently have no open positions

Quickoffice Connect Brings Google Docs, Dropbox, and Other Content Managers for Full Smartphone Mobility

by Tim Ruiz on February 17, 2010
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On the go professionals have a new tool in their arsenal that will help them optimize their productivity without any of the extra headaches, maybe even a few less, as Quickoffice Connect, a mobile office platform, lets users access their work regardless of time or location. Quickoffice Connect is the collaboration between Quickoffice and content providers including Box.net, Dropbox, Apple MobileMe, and Google Docs that will let users manage files on multiple storage services through a single and easy-to- use application.

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Calisolar Acquires Canadian Based 6N Silicon to Meet Growing Market Demand and Lower Costs to Consumers

by Tim Ruiz on February 16, 2010
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Sunnyvale based solar cell maker Calisolar has made a major move to strengthen its position in the renewable energy market with the acquisition of Canadian based 6N Silicon, a silicon supplier to not just Calisolar but also others in the solar industry. Calisolar acquired 6N through a stock-for-stock transaction and the deal will see 6N Silicon operate as a wholly-owned subsidiary of Calisolar.

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New Interface for the Android Will Offer Consumers Access to More Content and Updates

by VentureLoop on February 15, 2010
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HipLogic has announced it will help operators and mobile handset OEMs customize the standard Android user interface, making it easier to address challenges such as customization, rising data consumption, and brand differentiation. For consumers, the interface will offer greater versatility and a much richer experience when using their Android devices.

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39300 Civic Center Dr, Suite 240
Fremont CA 94538
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http://www.hiplogic.com

Benchmark

  • We currently have no open positions

Super Bowl Commercial Featuring the Griswolds Boosts HomeAway’s Traffic by Over 500 Percent

by Tim Ruiz on February 15, 2010
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While print media advertising continues to become less and less profitable, nobody can knock advertising during the Super Bowl. Even Google bought air time during the celebrated sporting event. Leading online vacation rental site HomeAway also made an attempt at cashing in on the massive audience of viewers, and it seems to have paid of big, as the site’s number of unique daily visitors shot up by over 500 percent the following day.

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eHarmony Offers Singles a Free Chance to Connect on Valentine’s Day Promotion

by Tim Ruiz on February 12, 2010
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In celebration of everyone’s favorite day for celebrating love, eHarmony is offering a helping hand to singles looking to find a little bit of companionship, with a chance to communicate with potential matches from February 11-15, 2010.

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Historic Bowdoin College Choose Mimosa Systems to Manage Growing Storage Needs

by Tim Ruiz on February 12, 2010
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Bowdoin College of Brunswick, Maine has recruited archiving leader Mimosa Systems to tackle its growing email archiving and storage needs. The college is pleased with the results, as Mimosa's NearPoint reduced the school’s overall Exchange email server storage by 50 percent.

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3200 Coronado Drive
Santa Clara CA 95054
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http://www.mimosasystems.com

Mayfield Fund , Focus Ventures , August Capital , JAFCO Ventures

  • We currently have no open positions

Veracode Gets Pledge of $12 Million in Funding after Experiencing Revenue Growth of 300 Percent

by VentureLoop on February 12, 2010
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As more and more companies are turning to the cloud for their storage demands, the need for increased security is drumming up a lot of business for firms like Veracode, a leader in cloud-based application risk management. The latest sign of the company’s success comes in the news that Veracode’s revenues grew by nearly 300 percent from 2008 to 2009.

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Netflix’s Expanding Content and Availability Demonstrates Long Term Strategy as More Media Moves to Online Streaming

by Tim Ruiz on February 12, 2010
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Streaming media and DVD rentals by mail have taken a big bite out of the profit margins of video rental stores, leaving many of them with no choice but to close numerous stores and in some cases, close up shop permanently. Netflix, on the other hand, is experiencing nothing but success, forging deals to bring its streaming content to gaming consoles as well issuing as an announcement on the Official Netflix Blog that states the movie service has reached an agreement with LG Electronics that will see Netflix streaming software embedded directly in broadband-enabled HDTVs.

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100 Winchester Circle
Los Gatos CA 95032
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http://www.netflix.com

Foundation Capital

  • We currently have no open positions

Phytel Receives $14.2 Million in Funding as Doctor-Led Healthcare Approach Proves its Profitability and Efficiency

by VentureLoop on February 11, 2010
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Phytel has secured $14.2 million in a round of funding worth that was led by Polaris Venture Partners, Caris, and LAH Investments. Phytel plans to use the new funds to further product development initiatives that are aimed at helping doctors improve the care they are able to offer their patients.

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Dell’s Acquisition of KACE Will Mean Better System Management and Increased Savings for Customers

by Tim Ruiz on February 11, 2010
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Dell is moving to expand its presence in the systems management market with the acquisition of KACE, a leading systems management appliance company. The purchasing details have not been disclosed. KACE provides tailored solutions to meet the needs of numerous midsized organizations, including those that work in government, healthcare, and education.

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1616 North Shoreline Blvd Suite B
Mountain View CA 94043
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http://www.kace.com

Sigma Partners

  • We currently have no open positions

CardioInsight Technologies Secures $6 Million in Funding to Further development of Non-invasive Heart Mapping Technology

by Tim Ruiz on February 11, 2010
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CardioInsight Technologies recently closed a round of Series B funding worth $6 million in a funding round led by Draper Triangle Ventures and Case Technology Ventures. Company Management and Dr. Michel Haissaguerre, a leading international electrophysiologist, also took part in the funding.

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11000 Cedar Avenue
Cleveland OH 44106
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http://www.cardioinsight.com

JumpStart

  • We currently have no open positions

Bubble Motion's Bubbly Fills a Social Media Gap by Offering a Platform for Short Voice Message Posts

by Tim Ruiz on February 10, 2010
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I consider myself an avid texter, and lately, I’ve become quite the tweeter too. What changed me into an active participant of these forms of social media was making a switch to the iPhone. It wasn’t the device in particular, but rather the “qwerty” keyboard that makes typing much more efficient. The simplicity of communicating ideas in 140 character messages is a driving force behind platforms like Twitter. The popularity of Twitter thanks to the ease of its use is why I see great success for Bubbly, which lets users post voice messages similar to written posts, essentially serving as a voice message counterpart to Twitter.

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Motricity Seeks A Place on the NASDAQ with $250 Million IPO

by VentureLoop on February 10, 2010
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Motricity, a mobile data solutions provider, filed on Friday for an IPO of up to $250 million. The company plans to use the funds as working capital, which could include acquiring other products or businesses.

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Vivox Nets $6.8 Million in Funding to Continue Development of Online Voice Services

by Tim Ruiz on February 10, 2010
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Vivox, a market leader in voice services for online gaming and social networking, has raised a round of funding worth $6.8 million to continue the growth of its presence and rich services in the ever expanding online voice market. The funding was provided by IDG Ventures, Benchmark Capital, Canaan Partners and GrandBanks Capital. As part of the deal, Phil Sanderson of IDG Ventures will join Vivox’s board of directors.

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2-4 Mercer Road
Natick MA 01760
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http://www.vivox.com

Benchmark

  • We currently have no open positions

Investment in TuneWiki Led by Motorola Ventures Will be Used to Enhance Features

by VentureLoop on February 09, 2010
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TuneWiki, a leading destination for all things music on the web, is set to expand and enhance its services after receiving an investment of an undisclosed amount from Motorola Ventures, Motorola’s strategic investment division. Benchmark Israel, Intellect Capital Ventures, HillsVen Capital, and Novel TMT also took part in the funding.

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http://www.tunewiki.com

Benchmark

  • We currently have no open positions

Many Nonprofit Groups Turning to Convio to Facilitate Fund Raising for Haiti

by Tim Ruiz on February 09, 2010
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After the devastation that over took Haiti, charities all around the planet have scurried to raise funds to help people, with many of them turning to social media and other technologies to increase their pool of donors. All kinds of nonprofit groups are using online software from Convio to create fundraising campaigns that specifically target Haiti.

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Enter a Unique Raffle Sponsored by Mayfield and First Round Capital for a Chance to be Mentored by a Successful Entrepreneur

by VentureLoop on February 08, 2010
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Hoping to foster innovation and the next generation of great thinkers, First Round Capital and Mayfield Fund are working together to sponsor an Entrepreneurs Helping Entrepreneurs Raffle, aimed at giving a bright new group of inventors the chance at mentoring sessions with top names from the technology world.

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Fate Therapeutics Receives Stem Cell Patent Aimed at Curing Neurological Diseases

by VentureLoop on February 08, 2010
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Fate Therapeutics has received a Notice of Allowance from the US Patent and Trademark Office for its work on induced pluripotent stem cell technology. Fate holds exclusive rights to commercial fields, including drug discovery and therapeutic purposes. Fate foresees the potential to develop treatments to stabilize and prevent neurological diseases like Parkinson’s, ALS, and Alzheimer’s.

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Launch of Farmville on MSN Games Will Extend Zynga’s Reach to Millions of New Customers

by Tim Ruiz on February 08, 2010
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Social game giant Zynga is finally making its break into the massive market of Microsoft consumers, as the company announced an agreement has been reached with MSN Games that will let users play Farmville on the site through Facebook Connect. The deal marks the first time Farmville can be played on a dedicated game destination and stands to recruit millions of new customers for Zynga.

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Procter and Gamble Leads Series C Funding in Navigenics Worth $18 Million to Continue Development of Personal Genetic Testing

by VentureLoop on February 08, 2010
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Navigenics got a huge boost of confidence today with the investment of $18 million in Series C financing led by The Procter and Gamble Company alongside Kleiner Perkins Caufield and Byers and Mohr Davidow Ventures.

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One Lagoon Drive
Redwood Shores CA 94065
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http://www.navigenics.com

Mohr Davidow Ventures , Sequoia Capital , Kleiner Perkins Caufield & Byers

  • We currently have no open positions

Elevation Partners Invests $25 Million in Yelp

by VentureLoop on February 05, 2010
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Yelp has announced that Elevation Partners has agreed to invest $25 million in the company, which will help the local search site expand its US market position and accelerate its growth in Canada and Europe. Yelp will also continue development of innovative mobile applications. The investment will see Marc Bodnick of Elevation Partners join Yelp’s board of directors.

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Picarro Gas Analyzers Chosen by California to Track Greenhouse Gas Emissions

by Tim Ruiz on February 05, 2010
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California and the “Governator” are leading the nation in the big push towards a green economy and environmentally friendly policies. The move is meant to revitalize the state’s economy and keep it at the front of technological development and profitability, and it seems to show great promise, as The California Air Resources Board (CARB) has selected Picarro, a leading developer of gas analysis technology, to provide seven gas analyzers to help the state measure greenhouse gases.

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Trinity Ventures Recruits Industry Veteran Dave Asprey as Entrepreneur-in-Residence

by VentureLoop on February 05, 2010
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Dave Asprey has joined Trinity Ventures as the firm’s new entrepreneur-in-residence, bringing with him more than 17 years of experience in strategic planning, product management, and also corporate & business development.

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3000 Sand Hill Road Building 4
Menlo Park CA 94025
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http://www.trinityventures.com

Trinity Ventures

  • We currently have no open positions

A Revolution and A Resignation in 140 Characters or Less on Twitter

by Tim Ruiz on February 05, 2010
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I never thought I could be more surprised by Twitter than I have been watching its role in Iranian politics, until now. Sure, Twitter’s great to use to overthrow governments, but now it looks like you can use Twitter to quit your job. That is exactly what Sun Microsystems CEO Jonathan Schwartz did today, tweeting “Today’s my last day at Sun. I’ll miss it. Seems only fitting to end on a #haiku. Financial crisis/Stalled too many customers/CEO no more” As resigning goes, Schwartz has set a new bar for terminating one’s employment with boldness, humor, and originality. Sun definitely won’t be able to accuse him of not vocalizing his notice. I can’t wait to see what’s up next for Twitter.

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MyHeritage.com Grows by Leaps and Bounds with Acquisition of German Based OSN Group

by Tim Ruiz on February 03, 2010
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Tracking down where you came from and putting together a family tree is about to get a lot easier, as MyHeritage.com has greatly expanded its global family network by acquiring the German based OSN (Online Social Networking) Group.

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  • We currently have no open positions

Acquisition of Initiate Systems Will Improve IBM’s Overall Healthcare Services

by Tim Ruiz on February 03, 2010
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Industry giant IBM  is stepping up to help the medical industry improve its services and performance, with that acquisition of Initiate Systems, a leader in data integrity software that helps healthcare providers and the governments to access patient data in a timely and cost efficient manner. Initiate also helps the government manage information across numerous departments as to give patients an overall better experience.

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Motricity Seeks A Place on the NASDAQ with $250 Million IPO

by VentureLoop on February 02, 2010
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Motricity, a mobile data solutions provider, filed on Friday for an IPO of up to $250 million. The company plans to use the funds as working capital, which could include acquiring other products or businesses.

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Flixster Teams Up with The Hollywood Reporter to Provide Unparalleled Insight into the Entertainment Industry

by VentureLoop on February 02, 2010
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Flixster and The Hollywood Reporter have teamed up to offer the public greater insight into the entertainment industry, including real-time insider news. The deal will mean that we will all have even deeper access to the goings on of our favorite stars, with more news, reviews, photos, videos, and moviegoer opinions.

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1998 Broadway
San Francisco CA 94109
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http://www.flixster.com

Lightspeed Venture Partners

  • We currently have no open positions

Participate 2010 from OutStart Gives Companies Greater Collaboration and Enhanced Social Networking Tools

by Tim Ruiz on February 02, 2010
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Social business software and learning systems company OutStart has released its latest social software for business called OutStart Participate 2010. The software-as-a-service (SaaS) supports popular social media models and rich collaboration in a secure, management environment.

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745 Atlantic Avenue, 4th Floor
Boston MA 02111
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http://www.outstart.com

Sigma Partners

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Dimdim Offers Complete Collaboration at Affordable Prices

by Tim Ruiz on February 01, 2010
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People are constantly striving to save money almost as much as they seek to save time. We often do this by conducting our business over email or through telecommuting. Although video conferencing is a popular way to meet, it often requires users to have specific software or technology that is sometimes expensive or bulky. Dimdim has provided an answer to this problem, though, giving students, professionals, and anyone seeking affordable and easy-to-use conferencing over the Internet. Most people will agree that free is often the best price.

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With Backing from Sigma Partners and Others, GlassHouse Technologies Plans to Go Public with $75 Million IPO

by Tim Ruiz on February 01, 2010
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Data consulting and storage company GlassHouse Technologies has filed for a $75 million IPO and plans to have Goldman Sachs and Credit Suisse serve as its underwriters when it comes to the NYSE. The company has raised $72 million in funding from backers including Sigma Partners, GrandBanks Capital, Kodiak Venture Partners, Paladin Capital Group, Jafco, Cisco Systems, Montagu Newhall Associates, Shiprock Capital and Dell Computer. GlassHouse’s headquarters are located in Framingham, Massachusetts.

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Transpera will Bring Video Brand Advertising to the iPad

by Tim Ruiz on January 29, 2010
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The introduction of the iPad this week was the hottest news in the Tech world, and it offers consumers an entirely new option for their electronic entertainment. They also have a chance to enjoy superior video entertainment as Transpera, a leading mobile video delivery and ad network, has announced their ability to provide video advertising and content for the new touch screen device.

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NBC Chooses Omneon Platform for Storage and Distribution of the 2010 Winter Olympics

by Tim Ruiz on January 29, 2010
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The entire world is anticipating the start of the Winter Olympics in Vancouver, and when they settle in and glue themselves to their televisions for two weeks, they’ll have Omneon to thank in part, as the company has been selected to provide storage, processing, a high-speed content distribution platform to support the live HD production workflow and to streamline delivery of all Internet and VOD content during the Olympics from February 12-28, 2010.

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3VR and SureView Announce Automated Platform to Offer Smart Security Monitoring

by VentureLoop on January 28, 2010
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Intelligent surveillance company 3VR Security has reached an agreement to integrate with the SureView Systems’ Immix management platform for video surveillance/CCTV, intrusion and fire alarms, access control and VoIP audio. It is a big leap forward in providing better security, as it allows for instant viewing of events that trigger an alarm to Immix and also allows for alerts for specific actions captured by 3VR’s video analytics. The platform represents a huge leap towards seamless real-time monitoring.

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475 Brannan Street
San Francisco CA 94107
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http://www.3vr.com

Kleiner Perkins Caufield & Byers , VantagePoint Venture Partners

  • We currently have no open positions

New Platform from NameMedia Gives Domain owners Access to a Vast Array of Content

by Tim Ruiz on January 28, 2010
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Owning a web page is the cornerstone of having a presence on the Internet. In a virtual environment, having a vibrant and attractive site is the key to drawing in viewers and getting increasing site traffic. It’s for this reason that NameMedia upgraded its online publishing platform called SmartName.com, making it more user friendly and offering more options to site developers to make their domains easy to navigate.

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230 Third Avenue
Waltham MA 02451
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http://www.namemedia.com

Summit Partners

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ViVu’s VuRoom Plug-in Enables Video Conferencing Over Skype

by Tim Ruiz on January 28, 2010
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When it first came to market, Skype changed the way many people interacted, offering its users the ability to see each other while at the same time carrying on a conversation from anywhere they could connect to the Internet. Video conferencing has taken a major step forward, though, with the launch of ViVu’s VuRoom plug-in for Skype.

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440 N. Wolfe Rd.
Sunnyvale CA 94085
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http://www.vivu.tv

Draper Fisher Jurvetson

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T-Mobile to Bring doubleTwist to Android and Offer iTunes Alternative

by Tim Ruiz on January 28, 2010
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Mobile phone users have another option to turn to manage the media on their phones, as doubleTwist and T-Mobile have reached an agreement that will see doubleTwist banners in their retail stores and also have the doubleTwist software come pre-installed on some Android devices.

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Cenzic Extends “No Website Left Behind” Program to Non-profits Raising Aid for Haiti

by Tim Ruiz on January 27, 2010
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Web risk assessment company Cenzic has expanded its “No Website Left Behind” program to cover any non-profit raising money to help the victims of Haiti. The program is meant to help organizations identify vulnerabilities in their Internet applications.

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Second Life Creator Linden Lab Recruits Bob Komin as CFO as user-to-user Transactions Reach $567 Million in 2009

by Tim Ruiz on January 27, 2010
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Linden Lab, creator of the extremely popular virtual world Second Life, has named Bob Komin as its new Chief Financial Officer. Komin will handle all financial responsibilities, human resources, legal and administrative functions globally. Komin will report to CEO Mark Kingdon.

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Zoopla to Launch Property Auction Service

by Tim Ruiz on January 27, 2010
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Zoopla, the UK’s most comprehensive property website, has reportedly entered into an agreement with Real Estate Disposition Corporation that will see the company launch an auction service, with the first auction featuring around 150 repossessed homes for four days from February 11. Agents will be offered 0.25% commission. Zoopla only plans to feature properties sold by agents, lenders, and developers. Private sellers won’t be allowed to participate.

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DocuSign Names New Leadership Team after Seeing 300% Growth in Client List During 2009

by VentureLoop on January 27, 2010
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E-signature solutions company DocuSign has added top talent to its management team, with Keith Krach joining the company as chairman of its board of directors. Steven R. King will also become the company’s new president and CEO. The industry veterans join DocuSign as the company’s client list is growing by leaps and bounds, increasing over 300 percent in 2009 over the same time the year before.


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HipLogic Raises $7 Million in Funding on the Heels of New Smartphone Platform Launch

by VentureLoop on January 27, 2010
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HipLogic has closed a round of Series B funding worth $7 million, which the company plans to use to deploy and further develop its mobile application platform. Existing investors Benchmark Capital and Stage 1 Ventures took part in the funding alongside new investors Bay Partners, Accrue Sports, and Entertainment Ventures. Neil Sadaranganey of Bay Partners will join the HipLogic Board of Directors.

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39300 Civic Center Dr, Suite 240
Fremont CA 94538
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http://www.hiplogic.com

Benchmark

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Top 10 Tips on what you need to get started if you are thinking of starting your own business

by VentureLoop on January 26, 2010
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393 E Campbell Ave
Campbell CA 95008
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http://www.outright.com

Sequoia Capital , Shasta Ventures , First Round Capital

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Index Ventures and Dawn Capital Pledge $21 Million to Mimecast as Email Management Company Announces Third Year of Triple Digit Growth

by VentureLoop on January 26, 2010
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Email management company, Mimecast, is planning to increase research and development as well as expand its global footprint, as the company has closed a Series B funding round worth $21 million led by Index Ventures and Dawn Capital. Mimecast experienced triple digit growth the last three financial years in light of the recession, demonstrating great resiliency and a growing demand for affordable email management.

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Building 2, Suite 400
Newton MA 02466
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http://www.mimecast.com/

Index Ventures

  • We currently have no open positions

Get More from Your Tweeting with Seesmic Look

by Tim Ruiz on January 26, 2010
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For anyone trying to keep up on current events or spread thoughts and ideas, Twitter has become invaluable, instantly letting people connect with each other in an arena that is altogether unregulated and out of the reach of governments and other organizations. It’s for this reason, and many more, that Seesmic Look is a must have for the every journalist or avid Twitter user.

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  • We currently have no open positions

Addition of Industry Veterans Will Help Mayfield Fund to Spot Business Opportunities

by Tim Ruiz on January 26, 2010
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Venture capital firm, Mayfield Fund, has made a major move to strengthen its ability to help entrepreneurs flourish with the addition of Sean Moriarty and Rajeev Chawla, industry veterans who will help Mayfield to spot emerging trends and potential business opportunities as Entrepreneurs in Residence.

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2800 Sand Hill Road, Suite 250
Menlo Park CA 94025
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http://www.mayfield.com

Mayfield Fund

  • We currently have no open positions

Rixty Raises $1.24 Million to Expand Cash Payment System for Online Gaming and Entertainment

by Tim Ruiz on January 25, 2010
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Rixty plans to expand its popular cash-based payment system for online entertainment on the news that the company has raised $1.24 million in a funding round led by Javelin Venture Partners with participation by Accelerator Ventures, First Round Capital, Freestyle Capital, Nueva Ventures, Soft Tech VC, and others. Rixty will also expand its customer base and publisher network.

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Make Billeo Your Electronic Personal Assistant

by Tim Ruiz on January 25, 2010
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Whether you’re an executive assistant or just a frequent online shopper, a lot of people know how convenient it is to be able to do all your shopping and errands online. It’s great pay for bills and purchases online, but it isn’t always easy to keep track of it all and do it as quickly as possible. Billeo is a great tool to manage purchases and keep track of spending patterns and bills, something any frequent buyer or office manager can appreciate.

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3945 Freedom Circle
Santa Clara CA 95054
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http://www.billeo.com

Altos Ventures

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Ahura Scientific To Be Acquired by Thermo Fisher

by Tim Ruiz on January 25, 2010
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Thermo Fisher Scientific has reached an agreement that will see the company acquire Ahura Scientific for $145 million in cash, plus potential earn out payments based on performance in 2010. The deal will close during the first quarter of 2010.

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46 Jonspin Road
Wilmington MA 01887
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http://www.ahurascientific.com

Velocity Interactive Group

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Social Media Giant SMS GupShup Raises $12 Million to Extend Global Reach

by Tim Ruiz on January 22, 2010
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India’s largest social network, SMS GupShup, has raised $12 million in a round of funding led by Globespan Capital Partners with participation of Charles River Ventures and Helion Venture Partners. The company will use the new funds to expand its world presence and launch new features like Mobile CRM (Customer Relationship Management) solutions to corporate brands and businesses. The company now accounts for 5% of all text messages in India.

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19925 Stevens Creek Blvd #176
Cupertino CA 95014-2358
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http://www.smsgupshup.com

Globespan Capital Partners

  • We currently have no open positions

Tesla Motors Opens Doors at New Chicago Store and Offers Free Test Drives

by Tim Ruiz on January 22, 2010
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Tesla Motors is celebrating the opening of its new Chicago store by offering free test drives of the Tesla Roadster starting January 21st and continuing through the weekend. Tesla is the only auto maker that currently produces highway-capable electric vehicles.

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SolarCity and PG&E Announce $60 Million Financing Agreement to Help Make Solar Power Affordable and Viable

by Tim Ruiz on January 21, 2010
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Working through subsidiary, Pacific Venture Capital, PG&E Corporation and solar technology company SolarCity have announced $60 million in tax equity financing for solar installations for U.S. homes and businesses. The investment will be funded by PG&E and is expected to allow SolarCity to install over a thousand solar systems to business and homeowners through their SolarLease and Power Purchase Agreement financing options.

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The Saboteur Demonstrates the Potential of Cross Platform Titles to Offer A Richer Gaming Experience

by Tim Ruiz on January 21, 2010
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The world of video games has becoming increasingly interconnected in the past couple of years, as mobile phone technology has advanced to the point that they can now support a wide range of games that are rich in content and strategy. This has led many game titles to expand their presence from PCs and gaming consoles and created a number of games for mobile phones that continue and even expand on story lines. Gaming publisher Hands-On Mobile is the latest company working to bridge the stories between the multiple platforms by creating a mobile counterpart to the console title The Saboteur.

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Ember Corporation Gets Pledge of $5 Million for Working Capital from Wellington Partners

by Tim Ruiz on January 21, 2010
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Ember Corporation has gotten a big vote of confidence in its low-power wireless mesh networking technology, as Wellington Financial pledged $5 million in financing to give the company more working capital to continue its growth.

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FloDesign Raises $34.5 Million in Funds to Manufacture Prototype Wind Turbine Technology

by Tim Ruiz on January 21, 2010
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In another push to disseminate the use of renewable energy technology, FloDesign, a company developing wind turbine technology, has raised $34.5 million in a funding round led by Kleiner, Perkins, Caufield & Byers. The Series B funding also saw participation by Technology Partners and VantagePoint Venture Partners.

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  • We currently have no open positions

Netflix Coming to the Wii

by Tim Ruiz on January 21, 2010
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Netflix and Nintendo of America have announced an agreement that will see owners of the Wii gaming console who are also Netflix members gain the ability to stream thousands of movies and TV shows over high speed Internet directly to the television sets.

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100 Winchester Circle
Los Gatos CA 95032
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http://www.netflix.com

Foundation Capital

  • We currently have no open positions

IronClad Flash Drive Puts Your PC in Your Pocket

by Tim Ruiz on January 20, 2010
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Besides efficiency, probably the most important feature a consumer looks for in a PC or laptop is compact size. We all remember how popular Apple’s line of iBooks were when they came to the marketplace. IronKey and Lockheed Martin have gone a step further, though, with the IronClad USB flash drive, which is described as a “PC on a Stick.”

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CrowdFlower Acquires $5 Million in Funding to Expand Presence and Extend Reach of Labor-on-demand Solutions

by Tim Ruiz on January 20, 2010
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Labor-on-demand provider, CrowdFlower, has reported the closing of a round of Series A funding worth $5 million led by Bessemer Venture Partners and Trinity Ventures. CrowdFlower improves the efficiency of companies by using machine learning algorithms to provide quality control to crowdsourcing. The new funds will allow the company to expand its global presence and range of client solutions.

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  • We currently have no open positions

Paymate Brings its Services to eBay

by Tim Ruiz on January 20, 2010
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eBay buyers have a new option to use when completing their online transactions. Paymate has announced that it has reached an agreement with the Internet auction site giant that will see buyers using Paymate services covered under Ebay’s Buyer Protection Policy.

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2570 North First Street,
San Jose CA 95131
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http://www.paymate.co.in

Mayfield Fund , Kleiner Perkins Caufield & Byers

  • We currently have no open positions

Visual Saw Record Growth in 2009 While Other Companies Closed Up Shop

by Tim Ruiz on January 20, 2010
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Visual Mining had an amazing year in 2009, despite the dismal economic climate. The business intelligence dashboard and data visualization solution provider reported record sales, growth, and profitability, all good signs that the country is indeed emerging from the great recession.

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FarmVille Players Raise Nearly $1 Million for Haiti Victims

by Tim Ruiz on January 20, 2010
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Fundraising through text is proving to be only one successful form of fundraising for Haiti earthquake victims, as gaming company Zynga has reportedly raised over $900,000 with the help of their popular social media game FarmVille. Farmville made a special announcement to its players on January 18th telling them they could help Haitian earthquake victims through the popular social media game.

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XConnect Offers Free Trial of HD Voice Services

by Tim Ruiz on January 19, 2010
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In a move aimed at converting consumers to the future of voice communication technology, XConnect is offering users a free three-month trial of a new peering service that offers high-definition voice services, foreseeing that consumers will see the immense superiority it offers over older technology.

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520 White Plains Road, Suite 500
Tarrytown NY 10591
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http://www.xconnect.net

Accel Partners

  • We currently have no open positions

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