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News & Updates - Tuesday, July 31, 2007

Aerohive Raises $20M And Other Fresh Deals

Investments
+ MILFORD, CT Goldman Sachs has invested $50M for a minority stake in Perimeter eSecurity ( Managed network security services)

+ FREMONT, CA Santur has raised around $26.5M in Series D (Optical networking components)

+ MOUNTAIN VIEW, CA Cast Iron Systems has raised $16.5M in Series F (Application integration hardware devices)

+ RICHARDSON, TX Convey Computer has raised nearly $16M in Series A (Application to improve server performance)

+ VANCOUVER, CANADA NowPublic Technologies has raised $10.6M in second-round (online news network)

+ PALO ALTO, CA Qlusters has raised around $10.36M in Series C (Open-source systems management solutions for software provisioning and managing virtual environments)

+ SAN FRANCISCO, CA SignalDemand has raised around $10M in Series C (Pricing and profitability management solutions for commodity and food manufacturers)

+ SAN FRANCISCO, CA DecisionView has raised $7M in Series C (Business performance optimization applications for the life sciences market)

MENLO PARK, CA 3Jam has raised $4M in Series B (Text messaging)

+ SEATTLE, WA BuddyTV has raised around $2.8M in Series A led by Gemstar/TVGuide (TV reviews)

+ SANTA CLARA, CA Aerohive Networks gets $20M in 2nd round led by Kleiner Perkins (Cooperative control enterprise wireless LAN architecture)

+ SANTA CLARA, CA BridgeWave Communications received $7.8M in a third round of funding. (Wireless Gigabit Ethernet hardware)

+ SAN JOSE, CA Bay Microsystems has raised $16M in fifth-round funding. (Packet processing and traffic management)

+ MENLO PARK, CA Cnano Technology received $6M (Carbon nanotubes)

+ JERUSALEM, ISRAEL Vringo has raised $12M in Series B funding led by Warburg Pincus (Video ringtone sharing)

+ PALO ALTO, CA CareParent has raised $6M in Series A from DCM and Split Rock Partners (Elder care portal)

+ ISRAELInsightix has raised $6M from Softbank Capital (Smart systems for IT visibility and network access control)

+ SEATTLE, WA PayScale has raised $1.5M in Series C funding from SAP Ventures closing the round out at $10.3M (Online compensation and benefits data)

+ NEW YORK, NY ExpoTV has raised an undisclosed amount of VC funding from DFJ Gotham Ventures. (Video product reviews)

+ BRAZIL Boo-box has raised $300K in a round of seed funding led by Monashees Capital (Contextual marketing)

M&A
+ TORONTO, Canada Tucows (AMEX:TCX, TSX:TC) has acquired ItsYourDomain.com. Tucows will pay US$10.35M in cash + potential further US$1.05M . The acquisition is expected to add approximately US$7M in yearly revenue (Registrar offering domain services)

+ SCOTTSDALE, AZ Zaio (TSX-V: ZAO) to acquire Virtual Imaging Corporation for $1.2M (Photos and web based virtual tour services for Realtors and MLS boards)