What you need to know - Friday 10/1/10

Katie Gatto · October 1, 2010 · Short URL: https://vator.tv/n/123d

Silver Peak Systems raises $4.1M, OpenDNS raises $4.5M, Amazon to buy BuyVip?

Silver Peak Systems raised $4.1 million. The company makes developer tools, which are designed to enhance the performance of wide area networks.



OpenDNS raised $4.5 million. Sequoia Capital and Greylock Partners were part of  the round. The company focuses on Internet security products.

 

Rumors are circulating that Amazon may buy BuyVip. The company is currently denying the rumors, but the deal is valued at €80 million, or $110 million.

 

Facebook upgrades photo features. Features will include mass tagging, download links and increased resolution. High resolution photos will cap out with images that are 2048 pixels wide or high.



The Boston Globe is developing a paid site. It will stand next to a free site, at Boston.com. The free site will be dedicated to local news.

Google launches it URL shortener. Found at goo.gl, it will be in direct competition with services like bit.ly. Google claims that the service will be faster and more secure then competitors, in the release.

PlaySpan launched a “monetization as a service” platform. The service will help game makers and site owners to make revenue off of games. One features of note, is the ability to set up an in games, paid item service.

Silver Peak Systems raised $4.1 million. The company makes developer tools, which are designed to enhance the performance of wide area networks.

OpenDNS raised $4.5 million. Sequoia Capital and Greylock Partners were part of  the round. The company focuses on Internet security products.

Tonchidot raised $12 million. This is the companies series B funding. Tonchidot, which is based in Japan, received funding from KDDI Corporation, media conglomerate Recruit Co. Ltd., and SPiRE. The company makes augmented reality games.

Two students are charged in the death of a fellow student. The students filmed a student having sex with another man, then posted about it on Twitter and shared the video. The student, who soon after committed suicide, was Tyler Clementi, an 18-year-old freshman at Rutgers University.

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Playspan

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PlaySpan™ is game industry's first publisher-sponsored™ in-game commerce™ network. PlaySpan's patent-pending in-game search, commerce and micropayment technologies enable game publishers and developers to generate new revenues, acquire new users and extend the loyalty of existing users. Leading game providers and virtual world publishers have selected PlaySpan as their official marketplace for virtual goods commerce.

PlaySpan is based in Silicon Valley with offices in Mumbai and Shanghai.

Investors include Easton Capital, Menlo Ventures, STIC and Novel TMT Ventures.

OpenDNS

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OpenDNS is the world's largest, fastest-growing DNS service provider. Millions of people worldwide (and growing) trust us to handle their DNS and Web-content filtering needs. Why? Because we take a fresh approach to the Domain Name System and make it smarter and more powerful than it's ever been.

OpenDNS was founded in late 2005 by DNS expert and entrepreneur David Ulevitch. With its team of the brightest and most creative minds in the industry, OpenDNS is constantly adding new features to improve the Internet experience for everyone from sysadmins at large organizations to parents at home.