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Weekly Money Trail- 08/01/2008

by urbantech

Cisco Systems has agreed to acquire software company Pure Networks for $120 million in cash as the networking giant expands its consumer product portfolio.
This is Cisco’s first acquisition of a venture-backed company since it announced in November that it would acquire Securent, a provider of policy management software, for $100 million in cash. Cisco, which [...]

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The Weekly Money Trail- July 13, 2008

by urbantech

Bellevue, Investors Brings Alerts.com Back To Life
A few years ago, investors poured more than $18 million into Alerts.com, a developer of software that alerted users when content changed on high-traffic Web sites.
http://www.alerts.com

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Weekly Money Trail 7-4-2008

by urbantech

Microsoft throws it’s weight behind Semantic light weight, POWERSET.COM
Powerset has been closely watched as a potential challenger to Google because of its search engine’s ability to understand both the meaning of search queries and the language of a Web page in order to match the two together. Google has generally eschewed natural-language search in favor [...]

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Always On Hollywood 08

by urbantech

The Always on Hollywood event went off big as usual. There were tons of VC’s and institutional bankers there courting the business of the young, and the fresh (hot media start ups).
There were quite a few impressive starts up offering their pitches for rooms full of venture capitalist ready to wage their calculated bets on [...]

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