* Sylantro Systems, an IP-PBX vendor raised $11 million, and that brings the total funding upto $106 million. Why is the company being shy about its fifth round of funding? Maybe because their post-investment valuation is $99.4 million, Light Reading says. Have their cumulative revenues passed the total funding raised? And whatever happened to the IPO plans?
* Motricity, a mobile software company raised an additional $40 million in funding from Advanced Equities who lead the round, along with dollars from existing investors New Enterprise Associates and Technology Crossover Ventures. Total funding raised so far: $120 million.
* Intel invested in Zensys, developer of the Z-Wave mesh networking technology for wireless home control and automation. Z-Wave competes with Zigbee technology.
* One Connect IP gets $5 million and SkyPilot Networks is looking for $25 million.