Enterprise Software - Tuesday, February 27, 2007
HP Buys File Serving Software's Polyserve
Hewlett-Packard has bought PolyServe, out of Beaverton, OR. PolyServe makes virtualization software that helps companies use smaller, inexpensive computers for processing and data storage in place of larger, more expensive ones. Virtualization technology also makes it easier and cheaper to manage and maintain large-scale computer server farms. No financial terms were disclosed.
PolyServe has raised $72M in VC funding since its 1998 inception, from top VC firms including Greylock, Fidelity Ventures, and NEA. Polyserve has 117 employees and more than 500 customers. PolyServe has plenty of competition, particularly from market leader VMWare of Palo Alto which was purchased by EMC for $635M almost three years ago. Regarding revenues, PolyServe will only say they did well over $20M in annual sales in 2006
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Behavioral Ad Network JellyCloud Raises $11.5M
Friday May 16, 2008
Redwood City's JellyCloud has called down $6.6M of a $12M Series A1 round, says PEWire. Investors are Softbank America,US Venture Partners , Crosslink Capital and Sand Hill Capital. JellyCloud is led by CEO Scott VanDeVelde who was CEO at Claria (aka adware's Gator). Others in the leadership come from Claria. JellyCloud is in semi-stealth mode but leverages patented behavioral targeting technology on behalf of Advertisers, Publishers, Software providers and ISPs. The key here is ISPs. The trend among behavioral networks is to partner with ISPs to match data that ISPs have on Web traffic with ads that want to be targeted. As with Claira, it looks like Jellycloud is starting to become controversial. We spotted some complains on message boards like this one from Darlene T: "How do i get grape.jellycloud.com to stop coming up as my home page. I don't know what it is.?" and from Woodbrooke "My internet history keeps reporting grape.jellycloud.com, i don't know what this is?" View - site...
Ask.com Picks Up Dictionary.com After It Was Jilted By Answers.com
Thursday May 15, 2008
Ask.com is buying Dictionary.com parent Lexico (which also owns Thesaurus.com. If it sounds like this is a repeat of an old post that's because Answers.com had announced it would pay $100M for Lexico last year, before that deal went south with Answers' financing. The NY Times reports that Ask.com will also pay about $100M. Ask.com says that buying Lexico will expand its audience by 11% thanks to 145M unique monthly users. An eye-popping number is that Lexico currently only has 20 employees. Wow. View - site...
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