SolarEdge raises funds for self-adjusting photovoltaic panels
SolarEdge, maker of intelligent photovoltaic installations that can adjust to varying sunlight conditions, just brought in an undisclosed sum in a second round of funding led by Vertex Venture Capital and including Opus Capital, Genesis Partners, ORR Partners and Walden International.
The solar panels in the San Francisco company’s installations contain converters that allow them to turn automatically to harvest an optimum amount of sunlight. The product also gives clients the ability to monitor panel performance… Continue Reading
SolarEdge absorbs $23M to boost solar energy output
Israeli cleantech company SolarEdge has raised $23 million in a second round of funding to continue developing technology that could significantly increase the output of solar energy installations. The round — which included Vertex Venture Capital, Walden International, Opus Capital and Genesis Partners — remains open, but no target has been disclosed.
SolarEdge itself is still in stealth mode. What little information there is available indicates that it’s working to combine hardware and software to maximize… Continue Reading
LucidLogix raises $18M for parallel graphics processing technology
LucidLogix Technologies has raised $18 million in a third round of funding for its business of tying together multiple graphics cards in a computer.
The company makes a chip that allows a computer to take advantage of multiple graphics chips in the same system. LucidLogix is hoping to exploit a hole in the strategies of graphics chip makers Nvidia, Intel, and Advanced Micro Devices. (Intel Capital is an investor).
LucidLogix’s product isn’t a graphics chip. Rather, it’s… Continue Reading
From the ashes of the graphics wars, another start-up
It seems obvious that the graphics chip wars are done, as far as start-ups are concerned. Intel is squaring off against Advanced Micro Devices (which bought ATI Technologies) and Nvidia. There is no obvious nook in this multibillion-dollar market where a start-up could thrive.
But somebody forgot to tell that to the folks at LucidLogix Technologies, an Israeli graphics start-up that came out of stealth today. They’re not doing a graphics chip. Rather, they’re doing a… Continue Reading
Prime Sense claims to have the best 3D game controller
A few months ago, VentureBeat editor Matt Marshall highlighted the various players in the gesture recognition technology space, speculating that “one day, very soon, you’ll be able to control an avatar or character on a screen with a mere gesture of your hands or body.”
That day is here, says Prime Sense CEO Inon Beracha. The Tel Aviv, Israel-based company believes it will be the “Intel inside” for the 3D peripheral world, and with a new… Continue Reading
IBM acquires FilesX for reported $70-90M
FilesX, a data recovery startup started in Israel and now based in Newton, Mass., has been acquired by IBM (NYSE: IBM). The purchase price for the deal was undisclosed, but reported to be between $70 and $90 million dollars, according to Globes Online.
The company’s backers, Benchmark Capital, Genesis Partners and Index Ventures, had put about $20 million into the company since it was founded in 2000.
FilesX makes restoration software that complements other storage systems like… Continue Reading
Roundup: Search-within-search causes angst, secretive Modu raises $100M, Sun tries optical photonics & more
Here’s the latest action:
Google’s search-within-search bugs some publishers — Apparently some folks such as the Washington Post aren’t looking too kindly on a feature Google added earlier this month, which lets people search within publications like the Post directly from Google. The feature lets you search for a publication on Google, for instance the Post or other sites like Wikipedia, The New York Times, and Wal-Mart, and then gives you a secondary search bar to search… Continue Reading
Genesis Partners raising $150M fourth fund
Genesis Partners, an Israeli venture firm with ties to Silicon Valley, is raising $150 million for its fourth fund, according to Globes.
Most Genesis investments are in semiconductors and wireless technology. However, the company also funds some software firms, and was an investor in Kidaro, which was just sold to Microsoft.
Kidaro raises $10M for virtual desktop product for companies
Kidaro (www.kidaro.com), an Israeli company that sells a virtual desktop computing product for enterprises (enabling remote workers to access their files securely) has raised $10 million in venture capital.
This is a hot area right now. We’ve witten about “virtualization” technology here.
The latest round was led by Opus Capital, and included existing investors Genesis Partners and Storm Ventures. Opus Capital General Partner Dan Avida will join Kidaro’s Board of Directors.
From the release:
Kidaro’s flagship product,… Continue Reading