Startup Journal

27 January 2012 - British technology start-up, Power Ethernet, has launched the 'PE Socket', the first product to integrate Powerline networking technology directly into an electrical socket. The PE Socket provides a simple and professional way of specifying high-speed data network connectivity throughout a building by using electrical cabling. The 'PE Socket' is available from leading electrical resellers including CPC and Rapid Electronics. Based on the HomePlug AV standard for Powerline networking, Power Ethernet's all-in-one PE Socket combines four Ethernet network ports, a fully-managed network switch and filtered power socket into a single device. It fits a UK Standard 35mm double gang metal back box and uses a building's electrical wiring to create a high-speed and secure data network for connecting computers, Voice over IP phones, Internet-connected TVs and... (more)

Joyent Secures $85M in Venture Funding

Joyent, a global provider of cloud computing software and services, on Monday announced it has completed an $85 million funding round, with European group Weather Investment II providing the majority of the round. Weather II was advised by Accelero Capital, an investment and management group. Both Weather II and Accelero focus on telecommunication and related media and technology companies that clearly hold promise in the rapidly and profoundly changing telecom and enterprise markets worldwide. Telefónica Digital, the growth arm of global telecom leader Telefónica, is also parti... (more)

Bite Communications Reels in Silicon Valley Marketing Heavyweight Andy Cunningham to Lead North American Business

SAN FRANCISCO, CA -- (Marketwire) -- 01/26/12 -- Andrea "Andy" Cunningham has joined Bite Communications as president of North America, a newly created position to spearhead the consultancy's growth strategy and diversify its client service offerings. A serial-entrepreneur and tech marketing communications pioneer, Andy has been at the forefront of strategic positioning and brand marketing for Fortune 500 technology corporations such as AMD, Cisco, HP, IBM, Motorola, Oracle and Xerox for over 25 years. She has been credited with shaping and establishing game-changing market cate... (more)

955 Dreams closes $3.25M seed round

955 Dreams, the next-generation mobile publishing company, raises $3.25M seed round from 500 Startups, m8 Capital, Kapor Capital, Felicis Ventures, and CrunchFund. Mountain View, CA: January 26th, 2012 955 Dreams Inc., a next generation mobile publishing company announces the closing of a $3.25M seed round. Participating in this round are leading technology investors, including 500 Startups, m8 Capital, Kapor Capital, Felicis Ventures, and CrunchFund. This round is being led by 500 Startups and m8 Capital. 500 Startups is a Mountain View-based seed fund and startup accelerator p... (more)

AppDynamics Gets $20 Mil

AppDynamics, the newfangled application performance management house started in 2008 to cater to mission-critical web apps, has picked up a handsome $20 million C round led by Kleiner Perkins. Its existing VCs Greylock Partners and Lightspeed Venture Partners also kicked in. With the new infusion it's raised a total of $36.5 million. The start-up will use the new money to enhance its product and expand sales to extend the 400% growth in bookings it says it saw last year. It puts the surge down to a shift in application architectures and growth in mission-critical cloud application... (more)