Japanese conglomerate takes interest in Redwood Systems' computerized LED lighting systems using direct current.
Mitrix is stepping out of the shadow of Japanese conglomerate Mitsui to test the market for hosted supply chain software.
Japanese bank Sumitomo Mitsui has bought six Unisys ES7000 Windows servers to handle part of the task of processing automated teller machine transactions, Unisys said Wednesday. The systems, using the Windows 2000 Datacenter operating system and SQL Server 2000 Enterprise Edition database software from Microsoft, are used to merge Sumitomo's ATM networks with those of another bank it acquired, Sakura. The system handles as many as 100 ATM transactions per second, sending messages from the two bank ATM networks to a single mainframe. The setup requires the ES7000 systems to be up and running 99.999 percent of the time and, in the event of failure, for a backup system to take over within a minute.
Uniscape said Monday that it has raised $18.5 million in a fourth round of funding. EDS, Mitsui & Co. Venture Partners, BOS Ventures, Sequoia Capital and other investors participated in the round. With the investment, Uniscape's total funding has reached $36 million. Sunnyvale, Calif.-based Uniscape is a provider of globalization software and services. Its e-business applications enable companies to communicate with worldwide customers, partners, suppliers and employees.
Graviton announced Tuesday that it has received $35 million in a fourth round of funding, led by Merrill Lynch. Other investors included Royal Dutch/Shell Group, Motorola, Global Grossing and previous investors Mitsui, Omron, Qualcomm, Siemens and Sun Microsystems. La Jolla, Calif.-based Graviton connects sensors to a wireless network and then monitors the sensors for problems before devices break down. The company has raised a total around $55 million.
Wireless systems company Mobilian has received $8 million toward its $43 million third round of funding. Additional investors who recently joined the round include Morgan Stanley Technology Ventures, Amerindo Investment Advisors and Mitsui Comtek. Portland, Ore.-based Mobilian has received a total of $68 million for its business, which includes developing chips and software to support numerous wireless radio standards. See complete list.
BrightLink Networks said Tuesday that it raised a $35.8 million fourth round of funding, led by ePlanet, an affiliate of venture capital firm Draper Fisher Jurvetson. Other investors included Draper Fisher Jurvetson, The Goldman Sachs Group, Menlo Ventures, Mitsui, The Sprout Group and Vision Capital. Sunnyvale, Calif.-based BrightLink has raised more than $113 million. The company builds optical switches that can handle up to 2.5 terabytes of capacity on a network. The switches also monitor the network for such events as a fiber channel that fails and then can reroute a customer's data. See complete list.
Disappearing Inc., whose technology "limits the lifetime" of e-mail for the benefit of corporate confidentiality, says it has closed a third round of funding from investors that included Kleiner Perkins Caufield & Byers, J.P. Morgan Partners, Mitsui and Red Rock Ventures. The amount of the financing was not disclosed. The company had previously raised about $10 million from investors, and it now has about $20 million in the bank, according to a company representative. The San Francisco-based company, a provider of corporate policy management software and services, plans to use the funding to expand its sales and marketing efforts, as well as develop new products. The company's flagship product is dubbed "Disappearing Email."
BeamReach Networks, which claims to have created a way for telephone companies to serve more people with less infrastructure, has received a $35 million vote of confidence from investors. The company announced Monday it closed a second round of financing, with contributions from original investors The Goldman Sachs Group, Sofinnova Ventures, Walden International and Mitsui & Co.'s private equity department. The company also got a new investor in the second round: Bay Area venture capital group Berkeley International Capital.
InfoMove, a wireless Internet provider for automobiles, closed a $5.5 million second round of funding, including an investment from Greg Maffei, Microsoft's former chief financial officer. Maffei is now chief executive at 360networks, formerly Worldwide Fiber. Other investors included Garage.com, The Broe Companies, Bsquare, Encompass Europe, NTT-ME and Mitsui Comtek. InfoMove plans to launch its in-car Net service, which will offer traffic updates, news, weather, stock quotes, sports scores and other location-based information, during the third quarter.