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Palomar Ventures Backs Damballa

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Santa Monica-based venture capital firm Palomar Ventures has re-upped its investment in a security software firm Damballa , which is based in Atlanta, as part of a new $12M funding round for that company. Palomar's Jim Gauer sites on the board of Damballa.

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Truepic Takes $26M For Photo Verification

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The funding was led by M12, and also included Adobe, Sony Innovation Fund by IGV1, Heart Ventures, and individuals from Stone Point Capital. According to the company, the funds will go to secure its technology. Transunion, and United Nations Capital Development Fund (UNCDF). Jeffrey McGregor is CEO of Truepic.

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Crosscut Ventures Raising Second Fund

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Los Angeles-based Crosscut Ventures , the early stage, venture capital investment firm run by Rick Smith and Brian Garrett, looks to be kicking off a new fund, according to an SEC filing this week. Details on the fund size were not included in the filing, and the firm has not commented on the filing. READ MORE>>.

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Predixion Software Snags $20M More For Predictive Analytics

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San Juan Capistrano-based Predixion Software , the predictive analytics software firm headed by Simon Arkell, has raised $20M in a Series C financing, the company said this morning. The new funding came from Accenture and GE Ventures, two strategic investors in the company, along with new investor Frost Venture Partners. READ MORE>>.

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Predixion Software Snags Series D

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The developer of cloud-based, predictive analytics software said the round was led by Software AG, and also included GE Software Ventures and the company's other financial and strategic investors. READ MORE>>.

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Fulcrum Micro Raises $15M

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No details on the funding have been released by the company, which has previously raised funding from Granite Ventures, Infinity Capital, New Enterprise Associates, and Palomar Ventures. The funding brings the company's total raised to over $113M in six rounds of funding. READ MORE>>.

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Fulcrum Micro Acquired By Intel

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Fulcrum Microsystems was venture backed by Granite Ventures, Infinity Capital, New Enterprise Associates, Palomar Ventures, and others; the firm had raised somewhere over $114M in funding. The company's swithing silicon is used with Gigabit Ethernet designs, supporting both 10GbE and 40GbE speeds. READ MORE>>.

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