Coraid, a developer of Ethernet SAN storage solutions, this morning announced that it has closed a $25 million Series B funding round led by Menlo Ventures. All of Coraid’s Series A ($10 million) backers, including Allegis Capital and Azure Capital Partners, participated in this round.
The reason why it’s interesting that Menlo Ventures led this sizeable financing round (sorry, Om) is because… → Read More
eXelate, a New York-based provider of data management tools for online publishers and operator of an open marketplace for audience targeting data, has raised $15 million in Series B funding in a round led by Silicon Valley’s Menlo Ventures with participation of Israeli VC firm Carmel Ventures.
The latter led the company’s initial $4 million financing round back in October 2007. → Read More
Crowdcast, a provider of social business intelligence (SBI) solutions, has raised $6 million in Series A funding. The round was led by Menlo Ventures, with participation from Alsop-Louie Partners.
The company’s name is a combination of the words ‘crowd’ and ‘forecast’, and its self-declared goal is to help companies find out what their people really know about their businesses, in order to make… → Read More
Vidyo, which specializes in video conferencing technology, has closed a big round of financing.
The company raised $25 million in a Series C round led by Four Rivers Group and joined by prior backers Menlo Ventures, Rho Ventures, Sevin Rosen Funds and Star Ventures. → Read More
Boston-based DataXu, provider of a real-time online ad bidding and optimization system, has secured $11 million in Series B funding to add to the $7.8 million in financing it raised in an earlier round (April 2009).
The company, which was a finalist at last year’s edition of the TechCrunch50 conference and startup launchpad, raised the additional capital from Menlo Ventures and prior investors… → Read More
Branders.com, an online-only promotional items store operator, raised another $5 million in venture funding, bringing the total invested in the company to $46 million. Participating in this round were Menlo Ventures, DCM, Venture Strategy Partners and Altos Ventures. → Read More