Sencha, Subtext, Sociable Labs: Bay Area BizTech News by the Numbers
Time for our periodic, data-driven roundup of business and technology news around San Francisco Bay.
$151 million—The price Google paid to acquire restaurant review aggregator Zagat back in September, according to a regulatory filing examined by Reuters.
$135 million—Total financing raised to date by San Jose-based display maker Prysm, according to an announcement today. Xconomy first profiled Prysm in January 2010. Past investors include Artiman Ventures of East Palo Alto, CA, and Partech International of San Francisco.
$25 million—A Series B round for Nutanix, led by Khosla Ventures, with participation by existing investors Lightspeed Venture Partners and Blumberg Capital. San Jose, CA-based Nutanix is developing a new storage architecture for virtualized data centers.
$15 million—A Series B venture round for Sencha, the Redwood City, CA-based maker of development tools and Web services for builders of HTML5 applications. Jafco Ventures led the round, which was joined by existing investors Sequoia Capital and Radar Partners.
$13 million—The new size of the ever-growing Series A investment round for San Francisco-based ride sharing startup RelayRides. General Motors Ventures and RelayRides CEO Andre Haddad added to the round, which already included Google Ventures, August Capital, and Shasta Ventures.
$7 million—A Series B financing round for Sociable Labs, a San Mateo, CA-startup that came out of stealth mode this week with a system that lets companies test and compare different social media marketing strategies. Battery Ventures led the round, joining Series A investor Javelin Venture Partners.
$3 million—A seed funding round for Subtext, a Palo Alto, CA, startup that released a new reading platform this week for the Apple iPad. Google Ventures, Mayfield Fund, New Enterprise Associates (NEA), and Omidyar Network provided the funds. The Subtext digital book app allows readers to communicate with each other and with authors, among other features.
$1.5 million—The size of a financing round collected last week by GageIn, an Alviso, CA-based startup building a social business content platform. The cash came from previous investor Shaoqing Sun, a petroleum geologist and CEO of C&C Reservoirs.