OwnEnergy catches new funds for wind farms
OwnEnergy, a company that works with landowners to build and manage 10 to 80-megawatt wind farms, added an undisclosed amount to its first round of funding, bringing new investors Clearpoint Ventures and GoGreen Capital into its fold. Following a first chunk of funds received in October, this extension pushes the company closer to the $100 million mark it needs to hit for a 51-megawatt project in north Texas.
Based in New York, the company has also… Continue Reading
CPower snags $10.7M to reduce corporate energy use
Energy management firm CPower, which helps businesses optimize their operations while reducing their energy use (and glean financial rewards for doing so), has raised $10.68 million in a second round of capital from Mayfield Fund (in its first energy investment), among others. The New York-based company will use the fresh financing to develop its technology offerings and expand to other regions.
CPower specializes in turn-key energy solutions, meaning that businesses can adopt its systems and practices… Continue Reading
Outside.in gets fresh funding for local news
Local news and discussion site Outside.in has raised an undisclosed amount of new funding from existing investors. Let’s hope the New York startup has enough money now to keep the going during a tough time for many media and news organizations.
Local search sites like Judy’s Book have failed, but it looks like Outside.in co-founder John Geraci may have been right when he told us the competition just launched too early; Outside.in says traffic grew 400… Continue Reading
OwnEnergy shoots for $100M to fund wind power
OwnEnergy just brought in an undisclosed amount in first-round funding, but the 1-year-old wind and alternative energy company is already looking ahead to the full $100 million it needs to raise to develop its first project, a 51-megawatt wind farm in north Texas — and to have it up and running by the end of 2009.
It’s unclear how close the Brooklyn-based company is to this goal, and I haven’t been able to reach OwnEnergy executives… Continue Reading
SchoolNet raises $12.5 million to expand parent-teacher community site
SchoolNet has raised $12.5 million in financing to expand its efforts to create a community for parents and teachers around K-12 education.
This financing includes a combination of equity and loans from Velocity Financial Group, TriplePoint Capital and the New York City Investment Fund. The company provides a portal for those interested in education; the features include a search engine with results from trusted K-12 sources, opinion pages on a variety of educational subjects, strategies for… Continue Reading