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3Leaf Systems, a Santa Clara, Calif. company that provides a server virtualization product for data centers, said it has raised $20 million in a second round of funding.

Virtualization is a hot trend because it makes data centers more efficient.

The round was led by Intel Capital, the company said in a statement sent out under embargo last week. Existing investors Enterprise Partners, Storm Ventures, and Alloy Ventures also participated in the round.

The round raises 3Leaf Systems’ total funding to $32.5 million.

From the statement:

“Next-generation data centers demand more flexibility and efficiency in order to accommodate evolving business and operational requirements,” said Bryan Wolf, managing director, Digital Enterprise Sector, Intel Capital. “The server virtualization solutions offered by 3Leaf Systems support key corporate data center initiatives such as improved power management, optimized scale-out architectures, and architectural support for on-demand computing initiatives.”
3Leaf’s Virtual Compute Environment (VCE) architecture delivers system-level virtualization to enable mainframe-class capabilities for commodity servers. With 3Leaf Systems’ server virtualization solutions, organizations can significantly reduce their investments in infrastructure and operations, and rapidly deploy and provision data center resources while ensuring their availability to meet the business requirements of today’s applications.

Also, the company said former McData President and CEO John Kelley has joined the board.

3Leaf, virtualization company, raises $20M more

Glimpse.com, a San Mateo, Calif. online site for women shoppers, has launched, though it has maintained a decidedly quiet public relations stance.

It is just the latest in a string of sites focused on women’s fashion, shopping or news to have raised money, including Glam.com, MyShape.com, SugarPublishing and Real Girls Media.

Glimpse.com, backed by Greylock and Redpoint, declined comment, as did Greylock, when we got in touch with the company a couple of weeks ago.

It lets women shop for clothes, shoes, beauty, jewelry, and home décor — and carries big-name brands. It is a straight-forward site, intuitive to use; no Web 2.0 bells and whistles.

Men have not been entirely left out of the game. See On The Fly, for example, a San Francisco site that started out as a site for dandies. It’s just that last year, investors took note that women were underserved by the Web, and have pumped more money into female sites to exploit the opportunity.

Glimpse launches yet another site for women’s online shopping

As mentioned in our roundup last night, ChinaCache, of Beijing says it has raised $32 million from Draper Fisher Jurvetson, Ignition Partners, IntelVC, Internet Investor Growth, JAFCO ASIA, SIG, Starr International, and Susquehanna International Group.

See details here.

It is a ten-year old company, and helps speed up content delivery over the Web by using a network of servers to bring it closer to the end customers.

ChinaCache, content distribution network co., raises $32M

Venture Capital

Silver Spring Networks, a San Mateo, Calif. company that allows utilities to use wireless technologies to meter power and other usage, has raised $10.5 million in debt and warrants, according to a filing with the Securities and Exchange Commission cited by VentureWire.

By allowing for remote, off-site metering, the company’s software helps utilities save costs by reducing the need for field service. The company recently signed a customer deal with the Florida Power and Light Co.

According to the VentureWire, firms owning at least 10 percent of the company include Foundation Capital and JVB Properties, both of which invested in 2003. It’s unclear which investors participated in the latest round.

Silver Spring, wireless metering co. for utilities, raises $10.5M

MPM Capital, a San Francisco venture capital firm focused on healthcare investments, has partnered with Indian biotechnology company Reliance Life Sciences to invest in India.

VentureWire has the story (sub required), and says it is significant because it is one of the first commitments to healthcare in India by a U.S. venture firm. Others, such as SV Life Sciences, have done so selectively.

We mentioned MPM’s latest fund here.

MPM goes after Indian healthcare companies

People

Adam Fisher has joined Bessemer Venture Partners as a partner focused on Israel (see here), and Byron Deeter was promoted to partner.

Bessemer expands focus on Israel, adds Adam Fisher

IPOs

VMware, a Palo Alto, Calif. subsidiary of EMC Corp., has filed to raise up to $100 million in an initial public offering.

VMware makes virtualization software that allows a computer to run multiple operating systems, and it was acquired by Hopkinton, Mass.’ storage software giant EMC three years ago for about $625 million.

Virtualization company, VMWare, files for up to $100M IPO

Latest Stories

Vudu, yet another video for TV company

vudu1.jpgVudu, a Santa Clara, Calif. company promising a better way to bring video to your television instantly, has emerged from secrecy today -- with a story given exclusively to the New York Times.

The company, which does not yet have a Web site and hasn't launched yet, says it improves upon TV set-top offerings being developed or already offered by Apple TV, Comcast and Time Warner -- none of which have really perfected the experience of bringing new or old movies to your screen. Comcast, for example, is incredibly frustrating, say people we know who ... » Continue reading

Evite threatens to sue Socializr for copyright infringement

Ticketmaster, owner of the popular invitation service Evite, has threatened to sue Socializr for copyright infringement, saying the company's service looks strikingly and confusingly similar to Evite's.

winter.jpgIn a letter sent April 3, Ticketmaster's law firm, Quinn Emanuel, said two invitation design templates offered by San Francisco start-up Socializr were exact copies of Evite's, and another design is very similar. See letter here. The letter also said Socializr's invitation event creation page, design galleries and guest list options menu were all strikingly and confusingly similar in format, layout and features ... » Continue reading

Yahoo answers GoogleClick, buys Right Media for $680M

Updated

yahoo-right.jpgYahoo has acquired online ad exchange company, Right Media, for $680 million, a move that shows Yahoo is not resting in the wake of Google's purchase of banner ad company Doubleclick earlier this month.

The WSJ reported the story just now.

Right Media is notable because it is an ad exchange, where buyers of Internet ads (publishers) and sellers (advertisers) can find each other and negotiate prices with the efficiency created by a large marketplace. This is significant because it is more transparent than Google's platform for publishers, Adsense -- and could therefore give ... » Continue reading

Yahoo loses VP of consumer search, to Accel Partners

andrew.jpgYahoo, the Sunnyvale search engine trying to stem shrinkage of its market share in search, has lost a key search executive to a venture capital firm.

Andrew Braccia quietly quit as Yahoo’s vice president of consumer web search earlier this month, and begins tomorrow (Monday) with Accel Partners, a well-known Silicon Valley venture capital firm.

The departure comes after a particularly tough time for Yahoo and Microsoft, both ceding ground to Google in search (see most recent data here). In the last month, Microsoft's search property has seen two top executives leave.

Braccia, 31, ... » Continue reading

Agloco, the Web 2.0 pyramid company, to release Viewbar

aglocologo.bmpAgloco, the company that pledges to pay you for surfing the Web, is about to deliver the download that will let you start earning credit.

The Stanford, Calif. company is leading wave of new pyramid-like companies seeking to arbitrage advertising dollars on the Web. By banding together some 700,000 people who have signed up for its service, Agloco believes it can wring out greater advertising dollars on their behalf. As it tracks the pages surfed by its members, it learns about their habits and preferences, and is able to tell advertisers more about your ... » Continue reading

Secretive Silicon Valley company, OptiSolar, builds largest solar farm

optisolar.jpgA secretive Hayward, Calif. company has just announced it will build the largest solar power "farm" in North America, using solar cells manufactured in Silicon Valley.

The site, near Sarnia in Ontario, Canada, will be enough to power between 10,000 and 15,000 homes on sunny days, drawing on a monstrous 40-megawatt capacity. The company, called OptiSolar, is backed by private equity firms apparently with oil connections. It has studiously avoided saying anything until this announcement.

The deal is significant, not merely for its size, but because it was scooped by such an unknown company. Why wasn't ... » Continue reading

LiveMarkets launches ad chat

livemarketslogo2.jpgLiveMarkets launched a service yesterday that lets Web site visitors click on an advertisement and immediately IM chat with a salesperson from the advertiser.

While other startups offer ways of managing the buyer-seller relationship online, LiveMarkets keeps the chat live on the page, right on top of the banner ad, text, or other part of the site. It's the latest significant innovation in an online advertising market that is booming.

Using LiveMarkets, the advertiser agrees with the publisher about where the chat box will show. The chat service is useful, because it's ... » Continue reading

Roundup: Scribd hype, Stockpickr, Red Herring, Cozmo and lots more

Here's the latest action:

scribd.bmpScribd hype -- Maybe because it calls itself the "YouTube for documents," the young Scribd is getting a lot of interest from Silicon Valley's venture capitalists. We've talked to some eager to invest. Rumors are leaking out, including at Gigaom and Techcrunch that the round is almost done, with GigaOm saying it is done and citing a large $10 million valuation. We talked with Scribd's Trip Adler today, and he didn't want to say much. He said those other reports are "inaccurate." He hasn't closed the round yet, he ... » Continue reading

The incubator bubblet: YEurope, Techstars, HitForge…

hitforge.jpgWe were just talking about the buzz YCombinator has generated with its incubator model.

Now others are copying it. Paul Böhm has launched a European clone, called YEurope, and his site is awfully similar to YCombinator's. (Techcrunch has more about YEurope's copying of the investment model too, which is based on the number of founders, i.e., 5000€/each, and taking a 2-10% stake in the company.) Eight start-ups travel to Vienna to work on their companies.

Others are popping up, another strange reminder of the good ol' days of 1999, when ... » Continue reading

BoomTown launches….again

boomtown.jpgThe Wall Street Journal's Kara Swisher wrote the BoomTown column during the dot-com boom. It faded after the bubble burst. Now she's back with a BoomTown blog. With the Dow breaking the 13,000 barrier at new highs, and the technology-strong Nasdaq creeping steadily upward since 2002, this may indeed be an appropriate name.

Her blog is part of the All Things Digital site, just launched with Walt Mossberg, the well known reviewer of personal technology.

Swisher is a talented writer, and this should be fun to watch. She starts with a piece about ... » Continue reading

Browse Archive

Guy Nohra, Alta Partners, Forbes Profile

Guy Nohra at VentureBeat Rate this dealmaker & see more of their investments

In addition to the demise of the MENS Club, there were several other interesting insights to be found at the Orlando CTIA conference a few weeks back:

Mobile Broadband is now a three-horse race, but one of them (mobile WiMax) may end up like Barbaro -– a visibly thrilling candidate that tragically crashes and burns in the final round.

Telecom reform over the last four decades has sparked massive innovation and growth – and helped lead to the vibrant wireline Internet we know today.
However, the wireless world could hardly be more different. Where the Internet’s rise was helped by agreements on open standards and access, the wireless world remains splintered by the “walled gardens” […]

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