IP phone company ShoreTel has today announced that it is beefing up its offerings by acquiring unified communications company M5 Networks in a deal that is valued up to $146 million in cash and stock. ShoreTel’s motivation for snatching up M5 was an effort to be able to offer its customers a choice of either [...]
Posted on February 2nd, 2012 by admin
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Numecent, a stealth startup building a patented “cloudpaging” technology, just raised $2 million in Series A funding from undisclosed corporate investors. The $2 million tranche is a part of a larger $10 million funding round, and is in addition to the $7.5 million in seed funding the company has already raised from private investors. Exact [...]
Posted on February 1st, 2012 by admin
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Mykonos (the security software company, not the lovely Greek island) has secured $4 million in a Series A funding round led by previous backer Tom Golisano, founder and chairman of Paychex. New investors include Ironport founder Scott Banister, Jeff Clarke (executive chairman of Travelport, chairman of Orbitz and board member of Red Hat) and Mike [...]
Posted on January 24th, 2012 by admin
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Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor. Weather II is a strategic shareholder in telecommunications [...]
Posted on January 24th, 2012 by admin
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Data storage solutions provider Nexenta this morning announced that it has secured $21 million in Series C funding in a round led by new investor Menlo Ventures and joined by Sierra Ventures and Razor’s Edge Ventures, Javelin Venture Partners and TransLink Capital. Nexenta claims its open source storage software solutions help enterprises avoid vendor lock-in [...]
Posted on January 20th, 2012 by admin
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One of the fastest growing enterprise software companies is Sydney-based Atlassian, which makes product management software for software development (including JIRA and Confluence). CEO Scott Farquhar and president Jay Simons were in New York City last week talking to investment bankers exploring an eventual IPO and dropped by the TCTV studio. Revenues for calendar year [...]
Posted on January 16th, 2012 by admin
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Marketing process automation software vendor Neolane has secured $27 million in funding in a round led by Battery Ventures, an investor in companies like Groupon, ExactTarget, Marketo, Bazaarvoice, Lotame and BlueKai. Previous Neolane backers Auriga Partners, XAnge and board member Gilles Queru also participated in the round. Neolane sells a centralized system that helps marketers [...]
Posted on January 11th, 2012 by admin
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Tealium, which specializes in enterprise tag management solutions (more on that below), has raised $1.1 million in Series A funding from a bunch of digital marketing CEOs – and former CEOs – including Limelight Networks’ Jeff Lunsford, Collective’s JoeApprendi, eValue Group’s Thomas Falks and EyeWonder’s John Vincent. Jim MacIntyre, founder of Visual Sciences (acquired by [...]
Posted on January 11th, 2012 by admin
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IT infrastructure solutions provider Internap this morning announced its acquisition of privately-held Voxel, an enterprise hosting and cloud services company based in NYC, for $30 million in cash. Under the terms of the deal, an additional $5 million in cash could be put on the table over the next two years, subject to certain performance-based [...]
Posted on January 8th, 2012 by admin
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Mindspeed Technologies, a provider of semiconductor solutions for network infrastructure applications, this morning announced that it has acquired UK-based Picochip, a supplier of integrated system-on-chip (SoC) solutions for small cell base stations. Mindspeed is paying $51.8 million for Picochip, a mix of cash and stock, and up to $25 million in earn-out payments in the [...]
Posted on January 5th, 2012 by admin
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