Deals

Deals & More: Napster founder grabs $250K more for Supyo

Today’s funding announcements include companies focused on cleantech, advertising, ethernet and mystery topics:

Supyo raises $250K for secret startup: Napster founder Shawn Fanning and Voxli founder Joey Liaw have raised additional debt funding for a company known as Supyo, Inc., according to a filing with the SEC. The company first raised $200K back in September. According to TechCrunch, Supyo is a holding company for a future project and is not related to photo sharing site Path, another startup recently co-founded by Fanning.

Powerit Solutions gets $5M, new CEO: The cleantech company has raised a new funding round led by Black Coral Capital to help industrial and commercial businesses plug into the smart grid. Based in Seattle, the company has also hired Matt Schiltz, formerly president and CEO of electronic signature company Docusign, as its new CEO.

MaxPoint Interactive brings in $8M for targeted ads: The digital advertising firm has raised a new round of funding from Madrona Venture Group and Trinity Ventures for its neighborhood-level ad targeting technology. Founded in 2007, the company is based in Cary, North Carolina with offices in New York and Austin.

Actelis Networks lands $4.5M for ethernet solutions: The Fremont, Calif.-based provider of a copper-based broadband service has raised a new round of equity funding, according to a filing with the SEC. The company, which was founded in 1998, works with more than 200 service provider customers to deliver its services in more than 40 countries. Actelis is backed by investors including ATA Ventures, Global Catalyst Partners, Saints Capital and Adams Street Partners.

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