Mashery’s sale to Intel for a reported $180 million-plus appears to be a good outcome for Mashery’s venture investors, including .406 Ventures, Cisco Systems, First Round Capital, Formative Ventures, OpenView Venture Partners and SoftTech VC.
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Vaultive, a provider of cloud data encryption solutions has appointed Shelley Vereen as vice president of sales. Vaultive has raised more than $10 million from venture capital firms including .406 Ventures, New Science Partners, Harmony Partners and Security Growth Partners.
Vaultive, a provider of cloud data encryption solutions has appointed Steve Coplan as senior director of marketing and strategy. Vaultive has raised more than $10 million from venture capital firms .406 Ventures, New Science Partners, Harmony Partners and Security Growth Partners.
strong>Veracode, a cloud-based application security testing company, has acquired the assets of Marvin Mobile Security, a developer of a mobile application analysis service for enterprises, app stores and mobile carriers. Terms of the deal were not disclosed. Veracode is backed by Meritech Capital Partners, Atlas Venture, .406 Ventures and StarVest Partners.
Venture capitalists pulled back in the first quarter, investing $5.8 billion in 758 deals and shifting money to later-stage companies ahead of an improving IPO market.
Connotate said Wednesday that Keith Cooper was named CEO effective immediately. Cooper is the former president of Carbonite, as well the ex-CEO of webHancer Corp. and of FaxNet. Connotate, which helps companies collect data and content from the Web, raised $5.25 million in 2010 in a funding round led by .406 Ventures. PRESS RELEASE Connotate [...]
Vaultive said it raised $10-million in a round led by .406 Ventures, New Science Ventures and Harmony Partners. The New York developer of cloud-based data encryption says its first product is undergoing beta testing. PRESS RELEASE Cloud Data Encryption Solutions Provider Vaultive Raises $10 Million Security Industry Luminaries Join Forces to Create New Solution Designed [...]
EnergyHub Inc., a maker of home energy management software and systems, has raised $14.5 million in Series B financing. Acadia Woods and the New York City Investment Fund, joined existing investors .406 Ventures and Physic Ventures in the round. The money will help EnergyHub deploy its systems, and launch its wireless thermostat software service. EnergyHub is based in Brooklyn.
Durham, N.C.-based Digitalsmiths has closed on $12.5 million in Series C financing. Technicolor led the round; all existing investors including .406 Ventures, Aurora Funds, Chrysalis Ventures, Capitol Broadcasting and Cisco also participated. Digitalsmiths develops video search and discovery products. Prior to the Series C round, Digitalsmiths had raised roughly $22 million in venture financing.
Waltham, Mass.-based Bit9 Inc. has raised $12.5 million in new capital, bringing its total funding to $23 million. Atlas Venture led the round, which included investments from existing shareholders Highland Capital Partners, Kleiner Perkins Caufield & Byers, and .406 Ventures. New investor Paul Capital also contributed. Bit9 Inc. is a developer of endpoint security technology.