VC-Backed Bust: Ruckus Network

Ruckus Network Inc., a Herndon, Va.-based provider of digital entertainment services to college students, has ceased operations. The company had raised nearly $43 million in total VC funding since 2004, from firms like Battery Ventures, Anschutz Investment Co., Columbia Capital, Eastward Capital, Pinnacle Ventures and Shelter Capital. www.ruckus.net