PlanarMag secures $4M for electromagnetic components
PlanarMag, a West Sacramento, Calif.-based seller of electromagnetic components, has brought in $4 million in equity and securities, reports VentureWire. In the past, it raised $1.5 million in seed funding from American River Ventures.
SynapSense gets $7M to make data centers more energy efficient
SynapSense, a Folsom, Calif. company that uses wireless sensors to track thermal, pressure and humidity conditions in corporate data centers, has tacked $7 million onto its second round of financing.
Its customers include the New York Stock Exchange and Verizon, among others.
Data centers are where companies store their servers and other networking and power gear. As the recession pinches capital budgets, companies are looking to get more out of the data center capacity they already have…. Continue Reading
SpectraSensors raises $14M for natural gas analysis
SpectraSensors, a Rancho Cucamonga, Calif. company that makes sensors to optically analyze natural gas, has raised $14 million in a third round of funding.
The technology is used to test energy levels and other factors that affect the gas’ usage in refineries, for example.
The round was led by by Nomura’s New Energy & Clean Technology Ventures. Chevron’s CTTV Investments also participated, as did existing backers American River Ventures, Blueprint Ventures and Nth Power.
An announcement is here.
The… Continue Reading