Wind Power Holdings snags $37M for wind turbines
As the rest of the economy tanks, the cleantech sector has remained buoyant, with investors continuing to dump cash into wind, solar and other renewable energies. Banking on a recent wave of enthusiasm for wind power, Barre, Vt.-based Northern Power Systems announced that its parent… Continue Reading
Source: Digg hires bank, hoping to sell for $300 million or more
It’s been a little more than a month since the last rumors surfaced about social news site Digg trying to sell itself for at least $300 million.
A reliable source just confirmed the company’s plans, noting the company has hired Allen & Company, a tiny but… Continue Reading
WeatherBill, a site for betting against bad weather, gets $12.5 million
Updated
WeatherBill, a company that lets you make money by betting on the weather, has raised $12.5 million.
The San Francisco-based company sells contracts that essentially let you put money down against bad weather hurting your business, so you can still get paid even if your business… Continue Reading
Video service Brightcove raises $59M
Brightcove, a company that gives media outlets and other businesses a platform to deliver online video, has raised a whopping $59 million in a third round of funding.
Amid the trend of consolidation hitting the sector, this funding will help tide the company over. There are… Continue Reading