Westly Group closes $120M fund for cleantech

Westly Group closes $120M fund for cleantech

The Westly Group, the firm founded and managed by former California state controller and financial officer Steve Westly, just closed a $120 million fund to fuel revenue-generating cleantech companies. With 13 companies already in the Menlo Park, Calif. firm’s portfolio — including crown jewel investment… Continue Reading

ShotSpotter refines gunshot sensors with QinetiQ buy

ShotSpotter refines gunshot sensors with QinetiQ buy

ShotSpotter, maker of sensory systems used to detect gunshots, has acquired technology from British defense firm QinetiQ for an undisclosed amount. The deal will extend ShotSpotter’s reach into new markets, including law enforcement and military combat.

The Mountain View, Calif., company provides equipment used to pinpoint… Continue Reading

ShotSpotter picks up $7.5M for gunshot sensing

ShotSpotter, a Santa Clara, Calif. startup that can help police and other security forces detect and triangulate gunshots in real-time, has raised $7.5 million for sales, marketing, and international expansion, in its fourth funding to date.

The technology ShotSpotter has developed is conceptually simple: A network… Continue Reading

ShotSpotter, gunfire tracking company, raises $12 million

ShotSpotter, gunfire tracking company, raises $12 million

ShotSpotter, a Santa Clara, CA, company that enables police departments and the military to locate the precise source of gunfire, has raised $12 million in its third round of financing.

The technology, which is deployed in neighborhoods throughout 15 American cities, including Chicago, Los Angeles, Oakland,… Continue Reading

Jobster’s jobs, IBM cools on Second Life, Shotspotter works & more video

Jobster’s jobs, IBM cools on Second Life, Shotspotter works & more video

Here’s a round-up of the latest tech stuff:

Jobster may cut a significant portion of its 145-person workforce? — Reports of major pending layoffs at Jobster are ironic, not merely because the company helps employers find employees. But because the company appears to doing the cutting to… Continue Reading