“Ultra-powerful” methanol fuel cell to drive construction equipment

“Ultra-powerful” methanol fuel cell to drive construction equipment

It’s been a while since we’ve heard from Oorja Protonics, a Sequoia Capital-backed Silicon Valley company developing an alcohol-based fuel cell technology for several years.

Today, Oorja is finally pulling off the wraps on its first application, a fuel cell for commercial and construction vehicles the… Continue Reading

SchemaLogic offers tagging to media and corporations

SchemaLogic offers tagging to media and corporations

SchemaLogic, a company that wants to use “tagging” to transform the internal archives at media companies and large businesses, has just raised $12.7 million more to do so.

The company has signed a deal with Associated Press, Corbis and others to let freelance writers and photographers… Continue Reading

Open-Silicon, chip design company, gets $10M

Open-Silicon, a Milpitas, Calif. chip design company, said it has raised $10 million in a fourth round of funding led by venture capital fund Bridgescale Partners.

Previous investors Norwest Venture Partners, Sequoia Capital, InterWest Partners, and Artis Capital Management also participated in this round.

Thus… Continue Reading

Oorja Protonics, alcohol-based fuel cell company, gets $15M

Oorja Protonics, alcohol-based fuel cell company, gets $15M

Oorja Protonics, a secretive Fremont, Calif. start-up developing fuel cell systems that run on alcohols like methanold and ethanol, has just raised $15 million in a second round of funding, according to a regulatory filing cited by PE Week.

Alcohol-based fuel cells are still in… Continue Reading

Dash fills coffers for Web-connected car navigation

Dash fills coffers for Web-connected car navigation

updated

Dash, the start-up offering the first car navigation device designed to be permanently linked to the Internet, has raised $25 million in a second round of funding.

The Mountain View Dash will launch its device in the Bay Area in late April, and nationally this fall,… Continue Reading

YouTube spoils made official, co-founders did well

YouTube spoils made official, co-founders did well

YouTube co-founders Chad Hurley and Steve Chen are each worth about $326 million as a result of Google’s purchase of the video-sharing company, documents registered by Google Wednesday reveal.

Their takes are five times that of third co-founder Jawed Karim, who returned to Stanford before… Continue Reading

YouTube and Sequoia Capital’s family ties

YouTube and Sequoia Capital’s family ties

Sequoia Capital is Silicon Valley’s most respected venture capital firm, having made money from backing Yahoo, Google, YouTube and many others.

It’s been known for some time that Sequoia Capital’s partner Mark Kvamme is married to the daughter of Sequoia partner Pierre Lamond. No big deal,… Continue Reading

Aruba raises $5M, sweetening pot before going public?

Aruba Networks, the Sunnyvale provider of wireless LAN technology which we reported earlier appeared to be getting ready to go public, has raised around $5 million in more funding, according to a regulatory filing cited by PE Week.

This brings the round total to around… Continue Reading