by Paul Bonanos
[Posted on January 23, 2008 - 6:04 PM]
SOFTWARE
LIFELOCK
Information security startup LifeLock Inc. of Tempe, Ariz., said it had received $25 million in third-round venture funding from investors led by Goldman, Sachs & Co. of New York. Prior investors also participating in the current round included Kleiner Perkins Caufield & Byers of Menlo Park, Calif., and Bessemer Venture Partners of Wellesley Hills, Mass. LifeLock, which specializes in identity theft prevention, last raised funds in April 2007, when Kleiner Perkins led a $6.85 million second round. --P.B.
SIPERIAN
Menlo Park, Calif.-based data integration software developer Siperian Inc. said it would fund continued European expansion with $25 million in new fifth-round funding. First-time backer Investor Growth Capital, the venture capital arm of Stockholm-based Investor AB, led the new round. Other prior investors participating included Constellation Ventures and Reed Elsevier Ventures, both of New York; ArrowPath Venture Capital of Redwood Shores, Calif.; Anthem Venture Partners of Santa Monica, Calif.; San Francisco-based Blumberg Capital; Red Rock Ventures of Palo Alto, Calif.; Toronto-based Brightspark Ventures; and London-based Saffron Hill Ventures. The profitable Siperian has now raised a total of $55 million since 2000. --P.B.
ENDECA
Data analysis software developer Endeca Technologies Inc. has received $10 million in new funding from Intel Capital, as well as an investment of undisclosed size from SAP Ventures of Palo Alto, Calif., the venture arm of SAP AG of Walldorf, Germany. The Cambridge, Mass.-based startup is developing software that allows users to search, browse and analyze large amounts of data, assisting them in making complex decisions. Endeca says it will use the funds for research, development, and international expansion. --P.B.
AVEKSA
User access control software developer Aveksa Inc. of Waltham, Mass., has closed a $12 million second round of venture funding. FTVentures of San Francisco led the round, which also featured contributions from Pequot Ventures of New York, Charles River Ventures of Waltham, and Aveksa chairman Barry Bycoff. Aveksa previously revealed a $6 million first round in June 2006. --P.B.
INTERNET
INFORM TECHNOLOGIES
Spark Capital of Boston has provided $15 million in third-round funding for Inform Technologies LLC, a news distribution technology developer based in New York. The round follows Inform's $10 million second round by two years. Prior investors include Stephens Inc. of Little Rock, Ark., the Gaylord family's GFI Co., a subsidiary of the Oklahoma Publishing Co., and New Republic chairman Roger Hertog. --P.B.
AUTOMATTIC
Automattic Inc., the developer of the blogging software platform WordPress, has received $29.5 million in new funding from investors including Polaris Venture Partners of Waltham, Mass.; True Ventures of Palo Alto, Calif.; Radar Partners, the personal investment vehicle of Kleiner Perkins Caufield & Byers affiliated partner Doug Mackenzie; and New York Times Co. of New York, according to a report printed in the New York Times. Automattic had previously raised $1.1 million about two years ago, the Times reported. --P.B.
TRAFFICCAST
Madison, Wisc.-based Web traffic and analysis software developer TrafficCast International Inc. has extended its first round of equity funding to $3.5 million, after previously announcing a first close of the round at $2 million. Ceres Venture Fund LP of Chicago led the second closing, alongside NEW Capital Fund LP of Appleton, Wisc.; Phenomenelle Angels Fund I LP of Madison; and Women Angels of Milwaukee. SVB Silicon Valley Bank of Santa Clara, Calif., has also provided a $1 million line of credit to the startup. TrafficCast will use the funds for marketing expansion and technology development. --P.B.
UNISFAIR
Menlo Park, Calif.-based online meeting software maker Unisfair Inc. took advantage of the convergence of virtualization technologies from the gaming industry and the growth of online social networking, to raise $10 million in a Series B funding led by Norwest Venture Partners of Palo Alto, Calif., and by previous investor Sequoia Capital of Menlo Park, Calif. Unisfair rode strong adoption by enterprise customers along with early conference industry users to land the funding round, which it believes will solidify its lead in hosting online "virtual events" as an alternative to large corporate or industry physical meetings. --Clifford Carlsen
PROVISION
Wireless video startup Provision Communication Technologies Ltd. of Bristol, U.K., has raised £750,000 in seed funding from private investors. Southwest Venture Fund, managed by YFM Group of Leeds, Finance South West Growth Fund of Plymouth, and NESTA Investments of London supplied the capital. Provision was spun out of the University of Bristol to capitalize on a new streaming video technology for Wi-Fi, WiMax and DVB-T networks. --P.B.
TELECOM
UNITED MOBILE
Mobile network operator United Mobile Liechtenstein AG of Zurich has completed its first institutional round of funding, a $15 million installment from Accel Partners of Palo Alto, Calif., and Grazia Equity GmbH of Stuttgart, Germany. Existing investors from United Mobile's seed round included early Skype Technologies SA investor Morten Lund, former Vodafone Group plc executive Thomas Geitner and King.com chief executive Robert Zacconi. The company markets SIM cards for international calling, roaming and data access. --P.B.
AD INFUSE
Mobile advertising technology developer Ad Infuse Inc. of San Francisco said that SoftBank Capital of Newton Center, Mass., had led its new $12 million second round of funding. Existing investors ComVentures (now Velocity Interactive Group) of Palo Alto, Calif., and Storm Ventures of Menlo Park, Calif., also participated in the new round. Ad Infuse works with mobile operators, content publishers, and advertisers to deliver targeted ads to mobile phones. --P.B.
RETAIL
ECOENVELOPES
Reusable, environmentally-friendly envelope developer ecoEnvelopes LLC of Minneapolis has received $570,000 in seed funding from regional investor Twin Cities Angels. The company, which markets products made from recycled paper and are specially designed to eliminate the need for a separate reply envelope, said the investment is Twin Cities Angels' largest single investment to date. --P.B.
ENERGY
FAT SPANIEL
Ignition Partners of Bellevue, Wash., has led a new $18 million Series B round of funding for renewable energy monitoring and reporting service provider Fat Spaniel Technologies Inc. of San Jose, Calif. Other new investors in the round included PCG Capital Partners LLC of La Jolla, Calif., and Applied Ventures, the venture arm of Santa Clara, Calif.-based Applied Materials. First-round investors Element Partners of Radnor, Pa., and Chrysalix Energy Management of Vancouver, B.C., which supplied $7 million in first-round funding in October 2006, also provided capital in the new round. --P.B.











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