BPL Global raises $23M for smart grid control
BPL (Better Power Lines) Global is a Pittsburgh, Penn. company that makes software and equipment for utilities in order to manage and monitor the grid, and help integrate in renewable energy sources.
The company has partnerships with utilities both in the United States and overseas in Africa, Asia and South America, and reports that it is near to profitability.
The $23 million funding was providd by existing investors IFA Group, Novitas Capital, El Dorado and Morgan Stanley,… Continue Reading
WebTrends acquires ClickShift, for online advertising optimization
WebTrends, a Portland provider of Web analytics, has acquired San Bruno’s ClickShift, which provides online advertising optimization.
Financial details of the transaction were not disclosed.
ClickShift raised $6 million in a first round of funding this year from El Dorado Ventures and U.S. Venture Partners.