SALT LAKE CITY — NextPage Inc., the leader in Peer-to-Peer Content Networking solutions,
announced today that it has raised approximately $20 million of private equity
from Oak Investment Partners, epartners, Dominion Ventures and Amp Capital
This second round of funding will be used to accelerate the adoption of
NextPage’s Peer-to-Peer Content Networking Platform for enterprises.
ARLINGTON, VA — Today’s decision by the Financial
Accounting Standards Board to eliminate pooling accounting was not unexpected, nor
does it close the book on the Board’s controversial business combinations project,
according to the National Venture Capital Association (NVCA).
“FASB’s activity today is consistent with what they have been indicating all along,” said Mark
G. Heesen, President of the National Venture Capital Association. “Their vote can be
viewed as more of a procedural step in a longer process. In fact, this is not the first time
that they voted to eliminate pooling. Our focus has been on working with FASB to address
the shortcomings of purchase accounting before final action is taken on pooling. And we
have every reason to believe that we can get to that point.”
AUSTIN, TEXAS — Lane15 Software, an emerging provider of InfiniBand management software, today announced it has received financing from leading venture capital and strategic investors. Austin Ventures led the round, joined by AV Labs, Compaq Computer Corp. (NYSE: CPQ), and Intel Capital.[ak2] Lane15 will use the capital to fuel its growth, and further the development and deployment of InfiniBand technology.
NEW YORK — Cyota announced today that it has closed an
$11 million second round of private financing. The company will use the funds to continue rapidly expanding into the European and Asian markets. GE-Giza Managing Director Zvi Schechter led the round of financing, which also included a significant investment from Dresdner Kleinwort Benson, Toshiba