Round the Clock Acquisitions 18-January-2008

January 18th, 2008 at 12:00 am


Well, momentum has died down for the week and too bad there isn’t a chance of us seeing another big buy out until next monday.  As usual, today is another happy day for many startups getting their share of much needed funding.  Thanks to PEHub and Mashable.


Silver Peak Systems Inc ., a Santa Clara, Calif.-based  provider of wide-area-network  acceleration solutions, has secured $21 million in series D funding, bringing the total investment in the company to $63 million. The latest round of funding includes investments from Artis Capital Management, Benchmark Capital, Duff Ackerman & Goodrich LLC, Greylock Partners, J& W Seligman & Co, and Pinnacle Ventures. The new funding will provide working capital to expand all areas of the company’s global business, including engineering, sales, marketing and support.

Widget and Facebook application maker Slide has raised $50 million from Fidelity and T-Rowe Price, in a financing round that values the company at $500 million, according to The New York Times Bits blog.

Fave Media has just announced funding, to the amount of $1.6 million, from a "variety of private investors," according to the release. The Chicago-based company has a local search engine called getfave, that has two main areas of interest: its local search and its video results. One major component of getfave is its video advertising capabilities, which is currently powered by Brightcove and lends video search results to those seeking local information.