148 Views

Bessemer leads $25 mln funding of cloud company CTERA

CTERA Networks, which provides a cloud storage services platform, has raised a $25 million Series C round of funding, led by new investor Bessemer Venture Partners. Also participating was existing investors Benchmark Capital, Cisco and Venrock. The company has now raised $45 million in total funding. As part of the funding, Adam Fisher, a partner at Bessemer, has joined the board.

157 Views

Puppet Labs raises $40 mln from venture backers

Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Venture Capital Group, True Ventures and VMware have invested $40 million in Puppet Labs, which provides IT automation software. The funding brings total venture capital raised to $86 million since June 2009. Puppet Labs also added Mukesh Sharma as vice president of sales, EMEA.

194 Views

Bull City Venture Partners closes about $26 mln for new fund

Durham, NC-based Bull City Venture Partners said Monday that it has raised approximately $26 million for its new fund. Its LPs include Blue Cross and Blue Shield of North Carolina, Capitol Broadcasting Company, Cisco, Grosvenor Capital Management, Industry Ventures and Red Hat. The pool will focus on early, seed and growth stage firms.

Internet security provider OpenDNS bags $35 mln

OpenDNS said Thursday that it has secured $35 million in funding. The investors were Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital. Based in San Francisco, OpenDNS is a provider of internet security solutions.

119 Views

EVRYTHNG raises $7 mln Series A

EVRYTHNG, a Web of Things software company has raised a $7 million Series A investment round. Atomico, BHLP LLC, Dawn Capital and Cisco have backed the business.

126 Views

Cisco joins investment round for Ayla

Ayla Networks, which provides services for the Internet of Things, has raised $14.5 million in a Series B round from Cisco, the International Finance Corporation (IFC), Linear Venture, SAIF Partners, SJF Ventures and existing investors Crosslink Capital and Voyager Capital. Sunnyvale, Calif.-based Ayla, which provides a cloud-based platform for connecting devices and appliances, has now raised about $20 million in total funding. As part of the latest round, Peter Cook of IFC and Ben Ng of SAIF Partners have joined the board.

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.

178 Views

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.

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340 Views

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.

126 Views

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.

259 Views

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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