Hardware manufacturer Kateeva raises $38 mln

Kateeva, a maker of flat panel OLED displays, has raised $38 million in a Series D round of funding from from Samsung Venture Investment Corp, Sigma Partners, Spark Capital, Madrone Capital Partners, DBL Investors, New Science Ventures and VEECO Instruments Inc. The Menlo Park, California-based company has now raised more than $110 million since it was founded in 2008.


Data storage firm Nasuni racks up $10 mln

Nasuni said Monday that it has raised $10 million in financing. Investors included Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners. Based in Natick, Mass., Nasuni is a provider of data storage solutions.


Digital business company Acquia bags $50 mln

Acquia has raised $50 million in funding. New Enterprise Associates led the round with participation from Split Rock Partners, North Bridge Venture Partners, Sigma Partners, Investor Growth Capital and Tenaya Capital. In addition to the funding, Ravi Viswanathan, general partner at NEA, has been named to Acquia’s board of directors. Headquartered in Burlington, Mass., Acquia is a digital business firm.

VoltDB nets $8 mln

VoltDB said Monday that it has received $8 million in Series B funding. Investors included previous backers Sigma Partners and Kepha Partners. Based in Bedford, Mass., and Santa Clara, Calif., VoltDB is an operational database provider.


NTT invests in VC-backed Quantenna Communications

NTT Finance Corp, which is part of the NTT Group, has made an undisclosed investment in Quantenna Communications. Headquartered in Silicon Valley, Quantenna Communications is a provider of Wi-Fi solutions. Its backers include DAG Ventures, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, Telefonica Ventures and Venrock.

GainSpan Raises $19M From Zebra, Oplink, Opus, Intel, Others

GainSpan Corp. said it raised $19 million of funding from two new strategic investors, Zebra Technologies Corporation and Oplink Communications, Inc., and existing investors Opus Capital, Intel Capital, New Venture Partners, Sigma Partners, Camp Ventures and Hatteras Funds. The new funding represents a Series D round. PRESS RELEASE GainSpan Closes $19 Million Series D Financing […]


A VC Lets a Bet Ride: the Story of Strava

Venture capitalist Greg Gretsch believes the social media company Strava is poised to become the “number one sports brand of the 21st century.” The question is whether Gretsch has landed on the ground floor of one of America’s next big companies or gotten way ahead of himself.

WordStream Inks $6m Third Round

WordStream, a provider of search engine marketing software and services for small and medium-sized businesses has secured an additional $6 million in financing. The third round was led by Sigma + Partners and Egan-Managed Capital. The company has raised a total of $16 million to date. PRESS RELEASE WordStream Inc., a provider of search engine […]

Rethink Robotics Secures $30m Series C Led by Sigma

Rethink Robotics (formerly Heartland Robotics), founded by iRobot co-founder Rodney Brooks, has secured $30 million in Series C financing. The funding round was led by Sigma Partners, with participation from all prior investors as well as a new investor, Draper Fisher Jurvetson. PRESS RELEASE Rethink Robotics (formerly Heartland Robotics), founded by iRobot co-founder Rodney Brooks […]

CiRBA Raises $15M From Tandem, Sigma, Edgestone

CiRBA Inc. said it raised $15 million in a third round of institutional funding led by Tandem Expansion Fund and joined by existing investors Sigma Partners and Edgestone Capital Partners. The company will use the money to expand. PRESS RELEASE CiRBA SECURES $15 MILLION TO FUEL GROWTH Record revenues achieved in 2011 as enterprise customers […]

YouSendIt Launches Workstream

YouSendIt, a provider of extended enterprise collaboration services, has launched a new product line called Workstream. Headquartered in Campbell, CA, YouSendIt is backed by venture capital firms Adams Street Partners, Alloy Ventures, Emergence Capital Partners, Sevin Rosen Funds and Sigma Partners. PRESS RELEASE YouSendIt, Inc., the leading provider of extended enterprise collaboration services, today announced […]

SugarSync Inks $15M Series D

SugarSync, whose free service allows you to sync your data across computers, mobile phones and other devices, has raised $15 million in Series D financing. New investor Coral Group led the round, with existing investors Draper Fisher Jurvetson, Sigma Partners, Hatteras Venture Partners and Hercules participating. The company has raised a total of $50 million […]

Restaurant App Mogl Raises $10M, Led by Sigma Partners

Mogl, a San Diego-based customer loyalty platform company, has raised $10 million, led by Sigma Partners, with participation from Austin Ventures and Avalon Ventures. The company has raised $12.4 million altogether, and launched in April of last year. PRESS RELEASE: SAN DIEGO, Jan 31, 2012 (GlobeNewswire via COMTEX) — MOGL ( www.MOGL.com ), the award-winning customer […]

Leyden Energy Partners with Powermat

Leyden Energy, a manufacturer of advanced lithium-imide batteries, has partnered with Powermat Technologies, a provider of wireless charging technology for smartphones and other consumer electronics. Leyden Energy’s is backed by New Enterprise Associates, Lightspeed Ventures, Sigma Partners and Walden International. PRESS RELEASE Leyden Energy, Inc., the leading manufacturer of advanced lithium-imide (Li-imide(TM)) batteries, today announced […]

GainSpan Raises Series C

GainSpan(R) Corporation, a developer of ultra-low power embedded Wi-Fi solutions, has raised $18 million in Series C funding. Hatteras Funds, based in New York and North Carolina, and Mobile Internet Capital, based in Japan, joined the round with existing investors Opus Capital, In-Q-Tel, Intel Capital, New Venture Partners, Sigma Partners and Camp Ventures. GainSpan will […]

GlassHouse Technologies Pulls IPO Plans

GlassHouse Technologies, a provider of cloud, virtualization, security and data center managed services, has pulled plans for an initial public offering, the company announced Tuesday. GlassHouse, which has raised money from investors including Sigma Partners, Kodiak Venture Partners, GrandBanks Capital, Globespan Capital Partners and Paladin Capital Group, cited volatile market conditions as the reason for nixing its IPO plans.

Telefonica Partners with Quantenna

Telefonica has signed a strategic partnership with Quantenna Communications, a provider of ultra-reliable Wi-Fi networking for whole home entertainment. The partnership sees Telefonica making a strategic equity investment in Quantenna via Telefonica Ventures, a division of Telefonica Digital, with offices in Silicon Valley, London, Madrid and Israel. Quantenna has already received VC backing from leading […]

Parkinson joins Interactions as COO

Interactions Corporation, provider of natural, conversational automated systems for customer care, has appointed David Parkinson has chief operating officer. Parkinson, who brings more than 25 years of executive experience, will be responsible for end-to-end client relationships, which includes professional services, sales, and client relations. Interactions Corporation is backed by Sigma Partners, North Hill Ventures, Cross Atlantic Capital Partners and Updata Partners.

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