Silver Spring pumps another $15M into smart grid tech
Silver Spring Networks, a company that wirelessly connects residential smart meters with utilities, has added another $15 million to its now $90 million fourth round of funding, reports VentureWire. Open since October, the round will help the company expand and bring more utilities into its fold.
Silver Spring, which competes with other smart grid meter companies like GridPoint, Ambient and SmartSynch, says it has about 500,000 homes in its network. These homes are outfitted with meters… Continue Reading
Silver Spring Networks joins rush, with $17.4M for smart grid tech
Update: The total third round of funding appears to have gone up to $59.3 million (see below for reference to the rest), with the addition of JVB Properties of Boulder, Colo. to the investors.
The fourth company (by our count) to get funding for so-called “smart grid” technology in the space of a month, Silver Spring Networks is a Redwood City, Calif. startup on its third round of funding.
The firm took $17.4 million from investors including… Continue Reading
Life-science briefing: Wednesday, April 9, 2008
TODAY’S HEADLINES:
Stemline Therapeutics, cancer stem-cell startup, gets $13M (release)
Eye-disease biotech Potentia Pharma raises $12M (release)
Sample-prep toolmaker Arcxis aims for $8M to $10M (VentureWire)
Synvascular names Drew Hoffman as CEO (VentureWire)
ArtusLabs gets $2.6M for life-science software and services (release)
Cancer-drug maker Inotek loses CEO, Genentech partnership (release)
GTESS, health-plan IT startup, names James Bradley CEO (release)
Antibiotic developer Tetraphase Pharma names Guy MacDonald CEO (release)
Stemline Therapeutics, cancer stem-cell startup, gets $13M – New York-based Stemline Therapeutics, a biotech focused on new… Continue Reading