Monday, February 28, 2005
Solarflare Raises $48M
Irvine-based Solarflare said this morning that it has raised $48M in venture funding from Oak Investment Partners and previous investors Foundation Capital, Anthem Venture Partners, Intel Capital, and Miramar Ventures. Solarflare is developing high performance Gigabit Ethernet over Copper physical layer ICs, which are expected to allow for low cost gigabit-speed networking. Bandel Carano of Oak Investment Partners will join the company's board. This round of funding brings the company's total ve (More info...)

posted on Monday, February 28, 2005 (More)(Full story) Gets $6.5M
Santa Monica-based has received $6.5M from Institutional Venture Partners, according to IVP. provides a search engine targeted at business customers, and recently received a round of funding from Benchmark. Steve Harrick of IVP will join the company's board. According to a report by VentureWire, IVP is buying out Pearson's stake in, as the publisher looks to get out of the VC investing business.

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Iomega Ships Dual Format DVD Drive
San Diego-based Iomega has released a new 16x16 Dual Format DVD writer today, adding to its line of USB-based storage devices. The company's new Iomega Super DVD Writer 16x16 Dual-Format USB 2.0 Drive handles both single and dual layer recording formats, and is bundled with automatic backup software, CD- and DVD-burning software; Sonic MyDVD video creation and editing software, Sonic CinePlayer DVD video viewing, Charismac Discribe for the Macintosh, Adobe Photoshop Album Starter Edition, and Mu (More info...)

posted on Monday, February 28, 2005(Full story)

Sophos, Akonix Partner On Virus Protection
San Diego-based Akonix and Massachusetts-based Sophos have partnered to provide the Sophos virus protection engine bundled with the Akonix instant messaging gateway. Akonix said that it will use the Sophos anti-virus detection engine to black instant messaging worms, viruses, and other harmful software at the company's gateway. Akonix is targeting enterprises who need to control, log, or archive instant messaging within a company. Akonix is backed by Menlo Ventures, Mission Ventures, Palomar Ven (More info...)

posted on Monday, February 28, 2005(Full story)

iRise Lands European Consulting Firm
El Segundo-based iRise has scored a win with Watson Wyatt LLP, a European human capital and financial management firm. According to the company, Watson Wyatt will use the iRise application simulator to validate and test market applications. the iRise Application Simulator allows companies to prototype and develop web-based applications without requiring investment in programming and software, allowing its customers to validate and prototype those applications. iRise recently raised a round of fu (More info...)

posted on Monday, February 28, 2005(Full story)

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