The Deal
Saturday, November 21, 
8:14 pm

SenSage, DeCarta and more

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Networking

SenSage
Network security software develoer SenSage Inc. has completed a $15 million funding led by new investor FTVentures of San Francisco. Also participating was new investor Sand Hill Capital and the returning Sierra Ventures, both of Menlo Park, Calif., Canaan Partners of Rowayton, Conn., and Mitsui Ventures of New York. SenSage will use the capital to expand in event data warehousing. SenSage's core product is a scalable system for collecting, storing and analyzing massive volumes of event log data that alerts users to security and performance events in real time.

Software


DeCarta
DeCarta Inc., a San Jose, Calif., developer of location-based services, or LBS, software, has received a $6 million strategic investment from T-Mobile Venture Fund, the venture capital arm of Deutsche Telekom AG. Other investors in the company include Norwest Venture Partners, Mobius Venture Capital and Cardinal Venture Capital. Founded in 1996, the company's geospatial software platform lets LBS providers and developers build applications that integrate a variety of map and data sources to provide complex mapping, routing and spatial search functions.

Media

Virsona
Social media service Virsona Inc. of Hollywood, Calif., has secured a $3 million Series A financing from a group of private investors. The recently launched company's service enables users to create virtual personas, or Virsonas, of real-life, fictional or historical figures who through an online chat format independently and intuitively remember, react and respond just like the person or brand they were designed to emulate.

Wireless

Yap
Mobile startup Yap Inc. of Charlotte, N.C., closed a Series A financing with $6.5 million. Led by SunBridge Partners of Palo Alto, Calif., the round also included Harbert Venture Partners of Richmond, Va., Pittco Capital Partners of Memphis and existing individual investors. Yap will use the capital to expand its business as well as for research and development. The company has developed a freeform speech-recognition platform for mobile devices. Its beta application, Yap9, lets users send text, SMS or microblog posts, publish updates to social networking services or perform Google searches by speaking into their mobile phones.

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