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EMN8 Raises $50M, Acquires Snapfinger

socalTECH

As part of the acquisition, EMN8 said it raised $50M in a new funding, to both acquire Snapfinger and expand its platforms. The new funding was led by Sid R. Bass Associates, and also included Allegis Capital and individual investors. EMN8 is led by Perse Faily. READ MORE>>.

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ClariPhy Nabs $24M

socalTECH

Irvine-based ClariPhy Communications , a developer of mixed signal, digital signal processing semiconductors for the optical market, announced this morning that it has raised $24M in a Series C funding round. ClariPhy said the new funding will go towards delivering a new class of sigle-chip ICs focused on optical networking.

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Staccato Merges With Artimi, Gets $20M

socalTECH

and raised $20M in new funding. According to Staccato, the funding came from Allegis Capital, Amadeus Capital Partners, Bay Partners, Charles River Ventures, Formative Ventures, Intel Capital, Interwest Partners, Khosla Ventures, Noble Venture Finance, Oak Investment Partners and Vision Capital.

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OK, So Maybe Not ALL MBA Entrepreneurs Are Oxymorons

InfoChachkie

Not only is Sieva attending Wharton this Fall, he and his partners, Hansae Catlett (Stanford), Hiro Tien (Stanford) and Josh Hoffman-Senn (Harvard), will launch The MBA Fund later this year. Their venture fund will focus on startups founded by Wharton, Stanford and Harvard students and alumni. valuation greater than $500 million).

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VC Confidence Holds Steady in Quarterly Survey, But Reasons Change

Xconomy

In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.