Tuesday, March 3, 2009

Who gets money from VC in Silicon Valley?

Interesting to observe which top SW companies receive money from Venture Capital in Silicon Valley from latest Quarterly report:
  1. 75 M$ goes to Silver Spring Networks in later stage of Smart Network for utilities
  2. 22 M$ to Fijan Software in later stage as well of their online security tools
  3. 21M$ to Goodmail Systems to expand their email certification platform
  4. 20M$ to Kosmix to expand their web search engine
  5. 16M$ to Zvents to expand their events web search technology
  6. 15M$ to Zuora to expand their online subscription services platform
  7. 10M$ to Sharpcast to expand their sync+store+share web platform
  8. and other 58 companies received 215M$ in total, that means 3.7M$ each in the last Q4'08.

I'm glad to see VC still believe in potential SW companies in the Bay Area. Maybe this time early stages and seed phase of start-ups received less large amounts of money than previous quarters, but still a large number of companies received money for their new adventures specially for security, mobility, multimedia, video, networking, web based services and social nets.