Another Indian solar services firm snags Silicon Valley funding

Azure Power, a Delhi, India company that develops large solar projects both on and off the commercial power grid in its home country, has raised an undisclosed first round of funding from Foundation Capital and Helion Venture Partners.

The investment is the second that Silicon Valley… Continue Reading

UnitedLex raises $6 million to build expert legal team

UnitedLex, a provider of legal consulting, technology and outsourcing services, brought in $6 million this week in a second round of funding led by Canaan Partners and including Helion Venture Partners. The new money will go toward scaling the Atlanta-based company both in the U.S…. Continue Reading

Webaroo nabs $11M for group text messaging

Mobile software provider Webaroo brought in $11 million in first-round financing to continue developing its top product SMS Gupshup — a group text-messaging platform that allows users to blog and form communities on their mobile phones. Contributors to the India-based company included Charles River Ventures… Continue Reading

Jivox matches local advertisers and user-generated video, raises $10.7 million

Jivox matches local advertisers and user-generated video, raises $10.7 million

With Google CEO, Eric Schmidt, acknowledging that Google has yet to find a way to make money with YouTube, it’s not clear that video advertising and user-generated content mesh. But Jivox, a San Mateo, California video ad network, would beg to differ. The company, which… Continue Reading

Gridstone Research raises $10M for financial research

Gridstone is a San Mateo, Calif. company with a research platform designed for financial analysts. Their software combs through company information to present financial and operational data, guidance, and structured text.

The $10 million funding was led by Helion Venture Partners. Existing investors Charles River Ventures… Continue Reading

Tideway raises $27M round for IT automation software

A large round of $27 million has gone to IT automation software maker Tideway, which helps automate and streamline some of the processes that information technology departments generally do manually.

The company, which is based in New York and London, has software that can examine a… Continue Reading