The ability to raise capital and maintain cash flow is a key element of success for Start-ups and Small Businesses as well as larger organizations.

Locally founded Engine Yard, a provider of Ruby on Rails hosting has closed a series B round of $15 million from New Enterprise Associates, Amazon.com, and existin

Folsom

Mutant Logic, the El Dorado Hills startup, which has developed software that allows makers of integrated circuits to analyze chip designs has secured $500,000 in funding from local angel investors. In addition, the company has signed a licensing deal with UCD, a milestone for a campus that's been pushing to convert its research into commercial ventures.

Folsom chip designer Arkos Silicon has landed $10.1 million in funding, according to a report published in the Sacramento Bee.

The firm’s second round of funding came primarily from San Francisco venture capital firm Levensohn Venture Partners, but also included money from earlier investors Bay Partners, SPM Capital and US Venture Partners — all Silicon Valley firms.

Bob Shallit is reporting that Revionics, a Rosemont-based software company that helps mid-sized grocery retailers manage prices, closed a round of financing last week.

The company has reportedly received just under $2 million in funding.