EnVerv garners $15.4 mln

EnVerv has secured $15.4 million in Series C financing. The investors were Cassiopeia Capital Partners, Cisco, UMC Capital, Benchmark Capital, NEA and Walden International. Headquartered in Milpitas, Calif., EnVerv is a fabless semiconductor company.


Embrane raises $14 Million Series C

Embrane has raised $14 million in Series C funding, led by Cisco. The round also includes new investor Presidio Ventures and participation from existing investors Lightspeed Venture Partners, New Enterprise Associates and North Bridge Venture Partners. Embrane is a provider of application-centric network services.


peHUB Second Opinion

In Second Opinion, Aafederal jury convicts five Bernie Madoff employees of fraud, Apple is in talks with Comcast for a streaming-television service, about 36% of all Web traffic is considered fake. Plus, guess who is Business Insider’s’ new political columnist. Just guess.


Platfora nets $38 mln

Platfora said Wednesday that it has raised $38 million in funding. Tenaya Capital led the round with participation from Citi Ventures, Cisco, Allegis Capital, Andreessen Horowitz, Battery Ventures, Sutter Hill Ventures and In-Q-Tel. Based in San Mateo, Calif., Platfora is a provider of big data analytics solutions.


MuleSoft raises $50 mln

San Francisco-based MuleSoft announced today that it has raised a $50 million round that was led by existing investors New Enterprise Associates and Lightspeed Venture Partners as well as new investor Meritech Capital Partners. Also participating in the round are Cisco, Salesforce, SAP Ventures, Hummer Winblad Venture Partners, Canvas Venture Fund and Bay Partners. The company has now raised $131 million in total funding.

Peres and Chambers by Jim Hollander of Reuters

Cisco to Invest $15M in Israeli Venture Funds

(Reuters) – Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company said on Wednesday.

Cisco Hops into Deal with BroadHop

Denver, Colorado-based startup BroadHop, a provider of policy control solutions to telecom service providers, has been acquired by strategic Cisco, the companies announced. BroadHop will become part of Cisco’s Open Network Environment. Specifics on the deal were not publicized.

RingCentral Adds to Board

RingCentral, a provider of cloud business phone systems, has added Neil Williams, chief financial officer of Intuit, to its board of directors. Headquartered in San Mateo, California, RingCentral is backed by Sequoia Capital, Khosla Ventures, Cisco, Scale Ventures, and DAG Ventures. PRESS RELEASE RingCentral, Inc., a leading provider of cloud business phone systems, today announced […]

peHUB First Read

As you take a break with your coffee this morning, FirstRead reveals Cisco’s $5b offer for NDS, a PE mission for a South Korean missile maker and a contender for the new kids’ Facebook.

ip.access Raises $15 Million

Cambridge based small cell innovator, ip.access has closed a new round of funding, raising some $15 million. The company’s existing investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity all participated in the funding and re-affirmed their commitment to the small cell market. PRESS RELEASE Cambridge […]

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