Investment in the green building sector is booming

Investment in the green building sector is booming

The green building sector has been awash with VC cash in recent months: Despite there only being a few dozen startups in the nascent field, investors have started paying close attention — helping several raise new rounds of funding.
Newark, California-based CalStar Cement has received… Continue Reading

SiBEAM delivers high-definition wireless adapters this year, raises $40M

SiBEAM delivers high-definition wireless adapters this year, raises $40M

SiBEAM, a company developing technology to stream high definition video more quickly than any existing technology, has raised $40 million in third round of funding.
The financing was led by New Enterprise Associates. The other firms backing up SiBEAM are Foundation Capital and U.S. Venture… Continue Reading

NEA abandoning venture capital? Won’t be the last firm to do so

NEA abandoning venture capital? Won’t be the last firm to do so

updated
New Enterprise Associates, until recently one of the largest Silicon Valley venture capital firms, is looking less and less like a venture capital firm. It has transformed into a late-stage private equity firm, doing more buyouts and debt. And thus it becomes another protagonist… Continue Reading

NEA names Rohini Chakravarthy principal, to make wireless investments

Venture capital firm New Enterprise Associates (NEA) has named Rohini Chakravarthy as principal in its Menlo Park, Calif. office, to make technology investments.
She’ll focus mainly on wireless and mobile investments, the firm said in a statment.
Chakravarthy was most recently with Cisco Systems, leading… Continue Reading

Oanda gets $100M for online currency trading for masses

Oanda gets $100M for online currency trading for masses

Oanda, one of the first companies offering online currency trading for consumers, has received a $100 million second round of investment from firms including Legg Mason, Cascade Investment and NEA.
The currency trading market has been considered somewhat closed to small investors, having long been… Continue Reading

Yipes sold for $300 million — finally

Yipes sold for $300 million — finally

Sometimes, if you keep plugging away, you can pull something off — even if its daunting during the low points along the way.
Two years ago, we wrote about San Francisco’s Yipes, which provides “managed ethernet services” for corporate customers. At the time, it was… Continue Reading

SiBeam, joins gang offering wireless high-def video transfer

SiBeam, joins gang offering wireless high-def video transfer

(Updated to correct reference to Artimi’s total funding)
SiBeam, a start-up based in Sunnyvale, Calif. company, has emerged from secrecy with a chip it says transfers uncompressed high-definition video to an HDTV from a set-top box or other source.
Transferring high-definition video wirelessly is something… Continue Reading

Limbo 41414 raises $8M for quirky auction site

Limbo 41414, a Burlingame, Calif. company that offers auctions of goods, and is focusing on mobile phone users, has raised $8 million more in venture capital backing.
The company is different because winners of its auctions are those who offer the lowest unique bid. The… Continue Reading

Alien Technology, struggling radio tag company, raises $33M more

Alien Technology, the company in Morgan Hill, Calif., that failed in its audacious effort to go public last year, has raised another $33 million in financing.
Alien filed to go public last year, while losing money on every sale of its radio frequency identification (RFID),… Continue Reading

NEA expands Indian mid- and late-stage investments

New Enterprise Associates, the large venture capital firm with offices in Silicon Valley and the East Coast, said it has expanded its operations in India.
NEA will make up to $200 million in investments into mid- to late-stage investments through its own Indian fund, called… Continue Reading

NEA adds Richard Whitney as venture partner

New Enterprise Associates, the venture capital firm based in Menlo Park, has added Richard K. Whitney to its healthcare and life sciences group as a venture partner.
Whitney will work from Menlo Park, the firm said in a statement. A venture partner is someone who… Continue Reading

Roundup: Cisco sues, Avvenu, Weatherbill, Techdirt, Blue Origin & more

Roundup: Cisco sues, Avvenu, Weatherbill, Techdirt, Blue Origin & more

Here’s the latest wrap-up of Silicon Valley tech news:
Cisco sues Apple over iPhone name — Who cares? If Apple loses, it will come up with a different name. Like, ApplePhone, or iPodPhone. Details of suit.
Yahoo signs deal with Akimbo to deliver video to… Continue Reading

Game publisher Glu Mobile files for $92M IPO

Glu Mobile, a San Mateo publisher of mobile games, has filed for a $92 million initial public offering.
The company, originally known as Sorrent (we wrote about them here), has raised around $57 million in VC funding since 2001 from BA Venture Partners, Globespan Capital… Continue Reading