Crossbar nabs $25 mln Series C funds

Crossbar has secured $25 million in Series C funding. The investors included Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital, the University of Michigan, SAIF Partners, Korea Investment Partners, CBC-Capital and Tao Venture Capital Partners. Based in Santa Clara, Calif., Crossbar is a provider of RRAM technology.

Artiman Ventures appoints new MD

Artiman Ventures has appointed Brian Wilcove as a managing director. Wilcove will concentrate on identifying, investing and helping grow early stage enterprise technology companies with the potential to disrupt existing multibillion dollar markets or create entirely new ones.

Guavus Acquires Neuralitic Systems

Guavus, a provider of big data analytics solutions, has acquired Neuralitic Systems, a mobile data monetization and marketing analytics experts serving the telecommunications industry. Guavus is backed by Investor Growth Capital, QuestMark Partners and previous investors Artiman Ventures, Sofinnova Ventures and Intel Capital.

Guavus Raises $30m Funding

Guavus, a provider of big data analytics solutions has closed a $30 million round of new funding. Investor Growth Capital led the round with participation from QuestMark Partners and previous investors Artiman Ventures, Sofinnova Ventures and Intel Capital.

Crossbar Raises $20.6M, Filing Says

Crossbar has raised $20.59 million, according to a filing with the Securities and Exchange Commission. The memory chip maker, which has backing from Kleiner Perkins Caufield & Byers, Artiman Ventures, Northern Light Venture Capital and the University of Michigan, had set out to raise $21 million, the filing said. Another $445,000 of equity remains to be sold.

Allot to Acquire Venture-Backed Ortiva

Allot Communications, a provider of service optimization and revenue generation solutions for fixed and mobile data networks worldwide is to acquire mobile video management business Ortiva Wireless. The terms of the acquisition were not disclosed. Ortiva is backed by Intel Capital, Comcast Interactive Capital, Artiman Ventures and Mission Ventures. PRESS RELEASE Allot Communications Ltd. (NASDAQ: […]

Prysm Raises $100M in New Funding

Prysm, which develops laser phosphor digital displays, revealed Thursday that it had raised $100 million in new funding, bringing its total raised to more than $135 million. The San Jose, Calif.-based company is backed by investors including Artiman Ventures and Partech International. Prysm did not reveal details of its latest funding round, or name additional investors in the company.

VC-Backed Invensense Among 3 U.S. IPOs Postponed Amid Tough Market

(Reuters) – Three initial public offerings were postponed on Tuesday, the latest casualties of volatile market conditions.

Offerings by Portuguese mobile marketing and payment services provider TIM w.e. SGPS SA, which was expected to raise $146.3 million, and 3-D motion-sensing company InvenSense Inc, a VC-backed company due to raise $99.8 million, were postponed, underwriters said. The $180 million IPO of Seattle-based lender HomeStreet was also sidelined, an underwriter said.

Invensense, founded in 2003, raised a total of $53 million in venture capital between 2004 and 2008, according to Thomson Reuters (publisher of peHUB). The company’s backers include Artiman Ventures, DoCoMo Capital, Partech

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