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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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June 18, 2012, 1:52 PM ET

Ooyala, a Mountain View, Calif.-based provider of video streaming, analytics and monetization solutions, has raised $35 million in new VC funding. Telstra Applications and Ventures Group (Australia) led the round, and was joined by return backers Sierra Ventures, Rembrandt Venture Partners and CID Group.

Astute Networks, a San Diego-based provider of solutions for accelerating virtualized server, desktop and cloud computing environments, has raised $12 million in Series B funding. Samsung Venture Investment Corp. led the round, and was joined by Ayala Capital, ICCP Venture Partners, TIFF and return backers Tallwood Venture Capital and Narra Venture Capital.

Heavy Bits, a San Francisco-based maker of the SnapGuide app and web service for creating and sharing “how to” guides, has raised around $5 million in second-round funding, according to an SEC filing. Backers include Atlas Venture and Index Ventures. The company was founded in 2010 by Daniel Raffel (ex-Yahoo) and Steve Krulewitz (ex-Google).

Nutmeg, a UK-based online investment manager, has raised £3.4 million in new VC funding. Pentech and Daniel Aegerter co-led the round, and were joined by Tim Draper and Klaus Hommels.

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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