Friday, February 25, 2011Mogreet Finds $2.8M MoreLos Angeles-based Mogreet, the provider of mobile video marketing services, has raised $2.8M more in a new funding round, according to a regulatory filing by the firm this week. No details on the funding have been announced by the company, which is led by James Citron. Mogreet has previously raised funding from Ascend Venture Group, Black Diamond Ventures, DFJ Frontier, and Spyglass Ventures. The new round would brings the firm's total raised to around $11.5M.
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International Rectifier Buys CHiL SemiconductorEl Segundo-based International Rectifier said Friday that it has acquired CHiL Semiconductor Corporation, a supplier of digital power management products, in a deal worth $75M in cash. IR said the buy will expand its technology position in the digital power market. CHiL's mixed-signal power management integrated circuits are primarily targeted at servers, personal computers and other high-volume computing products. CHiL was venture backed by Highland Capital Partners, Flybridge Capital Partners, (More info...)
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Insights and Opinions: How to Leverage Your Network for Raising CapitalFor today's Insights and Opinions section, we have an article from Christopher Grey, the co-founder and CFO of CapLinked, which develops an online platform for managing fundraising for entrepreneurs. Christopher talks about leveraging your network for raising capital.
Many first-time entrepreneurs become discouraged when they realize how challenging it can be to raise capital for their business. Closing a round can often take months, and thats if youre lucky and can convince people to inves (More info...)
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DAR.fm Looks To Timeshift RadioMichael Robertson, the founder of MP3.com, has debuted his newest startup: DAR.fm, an online service which allows people to record and play back radio programs anytime they like. Billing it a "Tivo for radio", Robrtson said that the service will allow users to access recordings of radio shows from their PC, smart phone, internet radio, and video players like Roku. Robertson says the service currently have access to about 600 stations. DAR.fm is connected to one of Robertson's other online servi (More info...)
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Rubicon Project Links With Ad Agency Software FirmLos Angeles-based Rubicon Project and advertising agency software firm Donovan Data Systems (DDS) said this morning that the two are in a new partnership. According to the firm, they have partnered to automate display advertising transactions, via the software of DDS. The companies said the move would provide additional revenue for publishers who monetize their premium display advertising inventory via Rubicon's ad serving platform. Rubicon Project is headed by Frank Addante.
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You Rock Digital Adds Rock Band 3 Pro SupportSimi Valley-based You Rock Digital, the developer of an electronic guitar which combines both real, guitar strings with the support of music video games like Guitar Hero and Rock Band, said this week that it has added support with Rock Band 3 Pro mode. You Rock Digital, the brand name for Inspired Instruments digital guitar, provides users with a real, five string guitar which also works with music games--which typically have used fake, button based controllers. The instrument also works with MI (More info...)
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WD Expands In SingaporeIrvine-based hard drive maker Western Digital reports this morning that it has opened up a new, research and development center in Singapore. WD said it will invest approximately $390M USD over the next five years, for a plant acquisition, capital equipment, and more for the center. WD said the move will allow it to tap into the talent pool and expertise of such organizations as Singapore's A*STAR Data Storage Institute (DSI), which it also said it has linked with on development of advanced head (More info...)
posted on Friday, February 25, 2011(Full story)