Start-ups

Intel Capital will invest $218.5 million in VMware's Class A common stock. VMware, which is a business unit of EMC, develops software for virtualization solutions, including a platform that virtualizes...

ZeroG, a start-up based in Sunnyvale, California, announced the appointment of John D. Cummins as CEO and Dr. Andrew N. Karanicolas as Vice President of Engineering. Cummins joins ZeroG from...

Neopolitan Networks, an Ethernet network service provider based in Palo Alto, California, secured $3.17 million in its first round of venture capital financing. The company operates metro Ethernet networks in...

MobiTV announced the opening of its R&D center in Stockholm, Sweden, as well as the company's new engineering facility in Sunnyvale, California. MobiTV currently claims more than two million paying...

BT will spin out a group that is developing an "adaptive media" platform into a new company called Real Time Content (RTC). The RTC platform uses viewer profiles and real...

Crossbeam Systems, a start-up offering enterprise- and carrier-class Unified Threat Management (UTM) solutions, named Pete Fiore as its new president and CEO, replacing Peter George, who led the company since...

kyte.tv. a San Francisco-based start-up focused on user-generated content, social networks, and mobile services, received a financial investment from Nokia Growth Partners. kyte.tv's service enables users to create interactive TV...

Altair Semiconductor, a fabless chip company developing mobile WiMAX processor for handsets and handheld devices, closed an $18M Series B funding round led by Bessemer Venture Partners (BVP). Altair's ALT2150...

Oversi, a start-up based in Israel, raised $8 million in an extended second round of funding. The funding was led by Carmel Ventures together with StageOne Ventures and TempoPark Fund....

Mike Volpi has been appointed chief executive officer, replacing Fredrik de Wahl, who remains at Joost as chief strategy officer. In February 2007, Volpi resigned his position as senior vice...

Nevis Networks, a start-up based in Mountain View, California, announced it has more than doubled sales quarter-to-quarter, Q4 2006 -- Q1 2007 for its identity-based policy enforcement solutions. The company's...

SiGe Semiconductor, which develops RF front-end solutions for next-generation wireless systems, raised US $20 million in an expansion round of financing. Samsung Ventures, the US-based venture capital investment arm for...

MobiTV announced the appointment of Bill Losch as the Company's chief financial officer (CFO). Losch joins MobiTV from DreamWorks Animation SKG, where he managed all accounting and control, financial reporting,...