BMC Software this morning announced that it has acquired Aeroprise, which provides a mobility solution for BMC’s Remedy IT Service Management Suite. Terms of the acquisition were not disclosed.
With support for iPhone, iPad, BlackBerry, Android and Windows Mobile devices, Aeorprise’s solution helps enterprises and governments provide rapid access to IT service management functionality on the go via mobile applications for service desk, change, asset, service catalog and request management with support from on-premise and SaaS-based deployments. → Read More
Valens Semiconductor, a provider of semiconductor products for the distribution of high-definition multimedia content and the inventor of the HDBaseT technology, this morning announced that it has raised $14 million in a Series B round of financing.
The capital injection comes from Taiwan-based Pegatron and Japan-based Mitsui & Co. Global Investment, new VC investors Amiti Ventures and Aviv Venture Capital as well as previous backers Genesis Partners and Magma Venture Partners. → Read More
Citrix today announced two investments. The company is backing Graymatics, a stealth startup that is building a cloud platform for content-based analysis of video and other digital media, and Gizmox, the developer of the Visual WebGui web, cloud and mobile delivery platform.
The Graymatics investment marks the fourth funding commitment for the Citrix Startup Accelerator, the company’s Silicon Valley-based seed investment initiative, which launched in December 2010. The Gizmox investment is of greater strategic importance to Citrix. → Read More
ANSYS, which offers simulation software and technologies designed to optimize product development processes, has agreed to acquire Apache Design Solutions, a simulation software provider for low power solutions in the electronics industry. The purchase price is approximately $310 million in cash. The price includes an estimated $29 million in cash on Apache’s balance sheet. ANSYS intends to fund the transaction with cash on-hand from the combined organization.
The agreement also includes retention provisions and incentives for certain members of management and employees, earned over a three year period, including an additional $13 million of performance equity awards. → Read More
Basho Technologies, a data storage and management software startup serving the enterprise market, this morning announced that it has raised $7.5 million in Series D funding.
In addition, Basho announced that its board of directors has named Donald J. Rippert, long time CTO of Accenture, as the company’s new president and chief executive officer. → Read More
Oracle this morning announced that it has agreed to buy Pillar Data Systems, a privately-held provider of SAN Block I/O storage systems based in San Jose, California, which is said to serve nearly 600 customers across 24 countries. Financial terms of the acquisition were not disclosed.
An interesting purchase, particularly since Pillar Data Systems is majority-owned by Oracle founder and CEO Larry Ellison through his venture capital firm Tako Ventures. According to a 2005 CRN article, Ellison invested over $150 million in the business. → Read More
SiliconBlue Technologies, which offers custom solutions for handset applications, including IP, design services as well as low-power, single-chip, CMOS SRAM mobileFPGA devices, has raised $18 million in Series D financing.
The capital injection comes from private equity firm Atlantic Bridge, with the existing group of investors including BlueRun Ventures, Crosslink Capital, NEA and Apex Venture Partners all participating in the round. → Read More
ThingWorx, which provides a platform for the development of apps connecting people, systems and the physical world, this morning announced that it has acquired privately held, Rochester, NY-based Palantiri Systems, maker of the AlwaysOn software platform.
The combination of both companies, ThingWorx posits, will result in a single company that it says will “represent the catalyst for the next stage of the ‘connected device’ revolution”. → Read More
NYSE-listed SolarWinds, a provider of IT management software solutions, has agreed to acquire TriGeo, a privately-held vendor of log and event management software, for $35 million in cash.
TriGeo, founded in 2001, offers solutions to IT organizations for the collection of of data from virtually any device on their network and the ability to correlate that data in real-time, enhancing security and control. → Read More
ScaleXtreme, a vendor of cloud-based systems management products, this morning announced it has landed $11 million in Series B funding in a round led by Ignition Partners with participation from previous backer Accel Partners.
Frank Artale, managing director at Ignition, will join the board that includes Ping Li from Accel and ScaleXtreme’s Nand Mulchandani and Balaji Srinivasa. → Read More
Citrix this morning announced an investment in mobile technology company Core Mobile Networks, marking the third funding commitment for the company’s Startup Accelerator, its Silicon Valley-based seed investment initiative which debuted in December 2010.
Core Mobile Networks correlates information from enterprise IT systems with content in the cloud, and delivers it to mobile devices such as Apple’s iPhone and Android handsets over AT&T, Verizon, Sprint networks, in real-time, with contextual relevance. → Read More
Tintri, which market storage solutions purpose-built for virtual machines (VMs), has raised $18 million in Series C funding. The extra capital comes from existing backers NEA and Lightspeed Venture Partners and comes roughly 3 months after Tintri raised $17 million in Series A + B funding.
The company just launched its “VM-aware” storage appliance, VMstore, last quarter, and the proceeds of the new financing round is meant to help Tintri accelerate its R&D schedule and invest in regional sales initiatives for the product. → Read More
Cotendo, which specializes in cloud-based acceleration technologies, this morning announced that it has raised $17 million in funding from strategic partners Citrix and Juniper Networks (through its Junos Innovation Fund) and previous backers Sequoia, Benchmark and Tenaya Capital.
The company says the proceeds will be used to support its growth (particularly in Asia-Pacific and Latin America) and ramp up delivery of dynamic content for mobile and web applications. → Read More
Time Warner Cable this morning announced that it will acquire cable systems serving approximately 70,000 basic video subscribers, 42,000 HSD subscribers, and 26,000 phone subscribers in Kentucky and Tennessee from NewWave Communications for $260 million in cash.
NewWave had been buying up many of these cable systems, some property acquisitions dating back to 2003. The company says it will now concentrate on “ongoing operations in other service areas”. → Read More
According to this SEC filing, Pure Storage has raised another $28 million in venture capital, adding to the $25 million it has raised over the past few years. And the company’s solution is still in private beta testing.
The SEC filing includes names of two management team members, founder and CTO John “Coz” Colgrove and CEO Scott Dietzen (most recently president and CTO of Zimbra and former Yahoo VP) as well as investors like Aneel Bhusri (Greylock), Satish Dharmaraj (Redpoint Ventures), former Veritas CEO Mark Leslie and Mike Speiser (Sutter Hill Ventures). → Read More
Rally Software, a specialist in Agile application lifecycle management (ALM) solutions, this morning announced that it has raised $20 million in funding led by Meritech Capital Partners (an investor in companies like Facebook, NetSuite and Salesforce.com).
The funding will be used for growth and to accelerate adoption of Rally’s platform for Agile development. → Read More
Aquantia, a developer of 10Gigabit Ethernet connectivity solutions for cloud computing and data center deployments, announced this morning that it has raised $21 million in Series E funding to meet demand for its 40nm 10GBASE-T PHY solution.
All existing investors participated in this round, including New Enterprise Associates, Lightspeed Venture Partners, Greylock Partners, Pinnacle Ventures and Venture Tech Alliance. LSI Corporation is a new backer. → Read More
Atlanta-based Birch Communications, an IP-based telecom and managed services provider to SMBs, has scored a $77.5 million finance package which will serve to repay outstanding indebtedness.
The capital will also be used to fund future acquisitions, network build-out and for ‘general corporate purposes’ (new coffee machines ftw!). → Read More
Fixmo, which offers solutions to protect and manage enterprise mobile devices, has raised $6.5 million in financing, the company announced this morning.
The Series B funding round was led by new investor Panorama Capital, with existing investors Rho Ventures Canada, iNovia Capital, Extreme Venture Partners and management participating. → Read More
