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Friday, September 5th, 2008
articles.php?which=MoreMoneyHeresWhoRaisedFundingThisWeek
More Money: Here's Who Raised Funding This Week.

-ImageSpan, a digital media company, announced this week that they've raised $11 million in Round B venture capital funding. The company creates tools that helps people selling content to connect and make licensing deals with people who want to buy said content. No word yet on how they plan to spend their new found wealth.

-Last week we wrote about how Internet data and server centers are about the furthest thing from eco-friendly. Enter Solarflare, a high-speed networking chipmaker with an eye on establishing greener data centers. They secured $26 million in VC funding this week that will go toward the development of their new chip, which substantially reduces the amount of energy required to transfer data between hardware in data centers.

-Life science and healthcare are especially hot among VCs right now, MSNBC reports today—and there may be something to that. Verticals onDemand raised $4 million in new funding this week to speed the growth of "its VBioPharma customer relationship management software in the life sciences market." As nebulous as that sounds, it does—as I confirmed on their website—have something to do with life sciences.

-As we reported earlier, professional networking site LinkedIn scored this week with $53 million in new funding and a $1 billion valuation. Not bad.

-Not to be left out of the cash cow that is widget-making, Seattle-based Mpire announced last week that they raised $10 million in second round funding. They'll use to the cash to expand their Mpire (couldn't be helped!), a network of shopping widgets.

-Have a black thumb in the garden? Apparently more than a few VCs do as well. PlantSense scored $3.5 million in first round funding for its neat little toy that assists gardeners by telling them what greenery will thrive in a particular area or by diagnosing what's up with a sick plant. Stick the PlantSense tool in the area where you're interested in planting, and a mere 24 hours later you can plug it into your computer's USB port for a full readout on what will do best there.

PlantSense

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