VC watch: NuCore nabs $22 million
The maker of chips for digital cameras pulls in $22 million...IceFyre snags cool $19 million... Sourcefire scoops up $11 million.
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Recent Deals
• NuCore Technology, a Sunnyvale, Calif.-based company specializing in designing chips for digital cameras, received an additional $22 million in funding. The latest round was led by Crosslink Capital of San Francisco and included participation from all previous investors: Horizon Ventures, Jafco, Sigma Partners, Techfarm and VantagePoint Venture Partners. NuCore has focused on designing signal processors, chips that take the signal from the image sensor and turn it into something that can be stored in memory.
• IceFyre Semiconductor raised a $19 million second round of funding, co-led by Motorola Ventures and Covington Capital. TD Capital Technology Ventures and previous investors Prism Venture Partners, Kodiak Venture Partners, VenGrowth Capital and Business Development Bank of Canada all participated in the latest round. The Ottawa-based company has raised a total of $39 million to date. IceFyre is a fabless semiconductor company that focuses on wireless integrated circuit designs.
• Sourcefire raised an $11 million second round of funding, led by New Enterprise Associates. Previous investors Sierra Ventures, Inflection Point Ventures and Core Capital partners also contributed to the round. The Columbia, Md.-based company has raised a total of nearly $18.6 million. Sourcefire develops network security hardware and software systems.
• Software developer LifeHarbor raised a $5.8 million first round of funding, led by Bessemer Venture Partners. Other investors include Hub Angel Investment Group and WR Hambrecht & Co. Cambridge, Mass.-based LifeHarbor develops wealth-management software. The company's Private Portfolio Manager software allows portfolio managers and administrators to customize, tax-manage and monitor thousands of individually managed accounts.
• Cariocas raised a $5.25 million second round of funding. Societe Generale Asset and previous investors New Enterprise Associates and Odyssey contributed to this latest round. The San Francisco-based company has raised a total of slightly more than $12 million to date. Cariocas develops software designed to help retain customers who visit a Web site via games, auctions and other interactions.
• Plaxo raised a $1.8 million second round of funding, led by Sequoia Capital. The Mountain View, Calif.-based company has raised a total of $3.8 million. Plaxo develops software to allow individuals to securely update, maintain and access contact lists. The company was founded by Sean Parker, co-founder of the file-sharing service Napster.