BizSpark One Week in Review - Aug 27

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Over the past week, here’s a sampling of news highlights of members of the BizSpark One program, identifying a small number of the best companies in BizSpark, which is now comprised of over 40,000 startups.

Week of August 21-27, 2011

  • § Exceedra, focused on commercial and supply chain planning, has been selected as a Bully Award finalist, which honors leading European technology, media and telecommunications companies.
  • § Flite was featured in Xconomy, chronicling the company’s evolution and pivot to become a leader in cloud-based advertising, enabling marketers to deliver ads people love.
  • § Kobo, a global eReading service, has announced that the Kobo eReader Touch Edition is now available at Best Buy as part of its strategy to deliver eReading to everyone everywhere. Kobo now has over 4.5 million users in more than 100 countries worldwide.
  • § Virsto, provider of storage virtualization software, announced that it has added another $5 million to the $12 million Series B raised in June of this year, bringing the round total to $17 million. Southern Cross Venture Partners and Correlation Ventures join as new investors in the syndicate, which includes InterWest, August Capital and Canaan Partners.