Wanova, a turnkey desktop management cloud provider, has raised $10 million in series B funding from Greylock Partners, Carmel Ventures and Opus Capital. This brings the company’s total funding to $23 million. Wanova provides Distributed Desktop Virtualization solutions that centralize control of the desktop infrastructure while optimizing the user experience and providing full support for […]
Posted on August 26th, 2011 by admin
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Social enterprise giant Jive has just filed its S-1, and will raise as much as $100 million in the offering. Modeled to offer Facebook-like features to enterprises, Jive’s software combines computing with social collaboration to offer fully-featured social networks for businesses. Its suite of applications help businesses collaborate on a variety of tasks, including holding […]
Posted on August 25th, 2011 by admin
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Online video platform company Brightcove this morning announced that it has filed a registration statement on Form S-1 with the SEC in connection with a proposed IPO of its common stock. The company is looking to raise up to $50 million through the offering. Brightcove offers cloud-based solutions for publishing and distributing video and other […]
Posted on August 24th, 2011 by admin
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Rumors about the news swirled yesterday, but Time Warner Cable just confirmed it has acquired Midwest cable operator Insight Communications for $3 billion in cash. Insight serves over 750,000 customers in Indiana, Kentucky and Ohio, according to the press release. Insight offers bundled video, high-speed Internet and voice telephony services to residential and business customers […]
Posted on August 15th, 2011 by admin
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Appistry, a St. Louis, MO-based developer of cloud solutions, has raised $12 million in funding in a Series D round led by private equity firm eXome Capital. Stuart Mill Capital and other private and existing investors also participated. The round, which includes term debt, pushes the total of capital raised by Appistry to over $34 […]
Posted on August 2nd, 2011 by admin
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Editor’s note: Guest author Aaron Levie is the founder and CEO of Box.net Thomas Wailgum, an editor at CIO.com, summed up the enterprise software industry best when he wrote, “It might appear that even tobacco companies enjoy a better level of overall ‘likeability’ than do enterprise software vendors.” The way successful enterprise software companies have […]
Posted on July 30th, 2011 by admin
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NCR is buying Radiant Systems, a company that develops point-of-sale systems and software to the hospitality and specialty retail industries, for $1.2 billion in cash, or $28.00 per share. The deal is expected to close during the third quarter of 2011. NCR says it will raise approximately $1.1 billion of new funded debt to finance […]
Posted on July 27th, 2011 by admin
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Intel has announced the acquisition of fabless semiconductor company Fulcrum Microsystems. Financial terms of the deal, which is expected to close in the third quarter of 2011, are not being disclosed. Fulcrum Microsystems designs Ethernet switch silicon for data center network providers. Fulcrum’s provide interconnect devices for storage, computing and networking backplane, and interconnect applications […]
Posted on July 24th, 2011 by admin
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Valens Semiconductor, a provider of semiconductor products for the distribution of high-definition multimedia content and the inventor of the HDBaseT technology, this morning announced that it has raised $14 million in a Series B round of financing. The capital injection comes from Taiwan-based Pegatron and Japan-based Mitsui & Co. Global Investment, new VC investors Amiti […]
Posted on July 6th, 2011 by admin
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Oracle this morning announced that it has agreed to buy Pillar Data Systems, a privately-held provider of SAN Block I/O storage systems based in San Jose, California, which is said to serve nearly 600 customers across 24 countries. Financial terms of the acquisition were not disclosed. An interesting purchase, particularly since Pillar Data Systems is […]
Posted on June 30th, 2011 by admin
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