Recent Posts
ASSIA takes $10M to manage, speed DSL service
Adaptive Spectrum and Signal Alignment (ASSIA), a company that manages DSL lines to provide faster and more reliable service, has raised $10 million of an expected $25 million round of funding. The Redwood City, Calif., company is backed by Mingly China Growth Fund, SFR Development,… Continue Reading
Applied Quantum looks for $20M for thin-film solar
Applied Quantum Technology, maker of equipment to produce copper-indium-gallium diselenide thin-film solar cells, told Dow Jones Venturewire that it’s looking to raise a $20 million second round of funding to churn out a much cheaper product than its competitors. The Santa Clara, Calif.-based company says… Continue Reading
California anchors Tesla with $28.8M tax break
Tesla Motors, the hyped electric car company, just nabbed another win (in a long line of them since the spring), earning approval for a $28.8 million tax break from California’s Alternative Energy and Advanced Transportation Financing Authority (a branch of the Treasurer’s office). The change… Continue Reading
Toyota muscles into EV charging business with solar stations
Toyota, used to being top dog in the advanced transportation business with its hybrid Prius, has pushed into a whole new area of the electric vehicle business: charging stations. Watch out, Better Place! Move over, Coulomb Technologies! Getting a major automotive name in the charging… Continue Reading
Renewable Funding takes $12.2M to urge conversion to solar
Renewable Funding, a company that helps building owners finance the purchase of solar equipment, has raised $12.2 million in a first round of funding. Based in Oakland, Calif., it is backed by Draper Fisher Jurvetson, NGEN Partners, New Cycle Capital and Wilson Sonsini Goodrich and Rosati.
Data Robotics takes $10M for data storage
Data Robotics, maker of data storage equipment for small businesses, has brought in $10 million in a fifth round of funding. The Santa Clara, Calif. company is backed by Focus Ventures, Greylock Partners, New Enterprise Associates, RRE Ventures and Sutter Hill Ventures.
GreenBeat Innovation Competition: Calling all killer Smart Grid apps!
On Nov. 18 and 19, VentureBeat will be hosting its inaugural GreenBeat conference, the premier executive summit on the Smart Grid this season. One of its major goals: To spotlight the brilliant technology only now emerging to mold a cleaner, more efficient electrical grid on… Continue Reading
Microgrids: A $2.1B market in the making?
The Smart Grid has officially stolen the cleantech spotlight this week, with the Department of Energy announcing the distribution of $3.4 billion in stimulus grants for utilities championing a cleaner, more efficient electrical grid. And this has set the stage for new, innovative grid ideas… Continue Reading
Silver Spring finds home on the range with OG&E
Silver Spring Networks, increasingly the provider of IP-based smart metering systems to watch, has gotten another big break, expanding its partnership with both Oklahoma Gas & Electric (OG&E) and General Electric Energy to help deploy the utility’s ambitious Positive Energy Smart Grid Program, one of the… Continue Reading
Energy-generating pavement: An untapped renewable?
From the neat new things department: An emerging startup called Pavegen has just installed squares of energy-generating pavement in London. Usually, when you think of converting kinetic energy into electricity, wind turbines and hydroelectric dams spring to mind. But people’s steps — thousands upon thousands… Continue Reading
Godengo takes in $2.2M for online magazine publishing
Godengo, a company that provides online publishing tools to magazines, has brought in $2.16 million in new funding, according to a filing with the SEC. The Emeryville, Calif. company has not identified any of its investors.
Xceive takes in $378K for RFID circuits
Xceive, maker of RFID-based circuits used in a range of electronic devices, has brought in $378,000 in promissory notes, according to a filing with the SEC. Based in Santa Clara, Calif., it is backed by Sequoia Capital, Alliance Ventures, BA Venture Partners and Ignite Group.
SeeSaw raises $1M for digital advertising
SeeSaw Networks, provider of digital advertising services, has brought in $1 million in promissory notes, according to a filing with the SEC. Based in San Francisco, it has been backed by Sutter Hill Ventures.
Aperto takes $537K for WiMax networks
WiMax equipment provider Aperto Networks has brought in $537,000 in equity, according to a filing with the SEC. Based in Milpitas, Calif., the company is backed by Alliance Ventures, Canaan Partners, GunnAllen Venture Partners, Innovacom, Jafco Ventures, JK&B Capital, Quicksilver Ventures and Tyco Ventures.
Emboldened by momentum, solar industry asserts rights
Solar Power International, the major industry event of the year, is taking place in Anaheim this week and has drawn record attendance — about 25,000 solar entrepreneurs, investors and executives have gathered to showcase new technology, make deals and chart out the future of what… Continue Reading
Obama’s climate focus continues with $2.2B in Treasury bonds for clean energy
Capping off a day dedicated to climate change issues, the Obama administration had one final announcement in store: The Treasury Department released news that it is allocating $2.2 billion in bonds to support the efforts of 805 small-scale clean and renewable energy projects across the… Continue Reading
Nodality scores $3.5M for personal diagnostics
Nodality, a biotech company that makes diagnostics focused on cell pathways, has brought in $3.5 million of an expected $10 million round of equity, according to a filing with the SEC. Based in South San Francisco, its backers include Kleiner Perkins Caufield & Byers, Maverick Capital and TPG… Continue Reading
AlertMe teams with Google, British Gas to give consumers more control over energy use
AlertMe is the newest energy monitoring device maker to partner with Google PowerMeter, giving homeowners more information and control over how much electricity they are using, and how much they pay for it. By providing hardware that plugs into your home’s traditional electric meter and… Continue Reading
Mission Bay seals the deal on $7.5M bioscience fund
Mission Bay Capital, a San Francisco-based venture capital firm focusing on seed-stage investments in biotech companies spun out of the California Institute for Quantitative Biosciences and the University of California, announced that it closed its new fund, its first, at $7.5 millon.
Counting Wilson Sonsini Goodrich… Continue Reading
RingCube boxes $211K to virtualize operating systems
RingCube Technologies, maker of operating system virtualization software that facilitates more portable computing, is offering $211,000 worth of rights and securities, according to a filing with the SEC. Based in Mountain View, Calif., the company is backed by Mohr Davidow Ventures and New Enterprise Associates…. Continue Reading