More greenhouse gas monitoring — Clear Standards lands first funding
With a carbon cap and trade now a near certainty for the United States, investors are rushing to fund companies that will help create the market. A Sterling, Va. company called Clear Standards is the latest, with a new $4 million for an inventory system corporations can use to track their greenhouse gas emissions.
Measuring emissions is becoming a more exact science as companies like this one consolidate studies showing the environmental impact of thousands of… Continue Reading
DigitalBridge lands $16.5M for rural wireless growth
Wireless broadband provider DigitalBridge Communications snagged $16.5 million in a third round of funding, including $8.5 million in debt. The money will be used to scale the business, which focuses on expanding wireless broadband services to rural areas.
The three-year-old company has established service in 15 markets in Idaho, Indiana, Montana, South Dakota, Wyoming and Virginia. It also launched a commercial WiMAX network in Jackson, Wyo. in June, and introduced voice over Internet protocol (VoIP) services… Continue Reading
Amidst the cacophony of music start-ups, ReverbNation echoes
While grinning investment bankers, safe pension funds and good returns from tech stocks may be hard to come by for the foreseeable future, the world does not lack start-ups promising to help indie musicians. Among them, ReverbNation, which has just raised $3 million, looks like a serious contender.
Companies like Topspin Media, an early-stage music marketing platform, and Tunecore, which offers a relatively easy way to distribute albums across multiple online stores, have partial answers to… Continue Reading
SGN, on quest for social gaming revenue, raises $15 million
Social Gaming Network, or SGN, is one of the more promising companies exploiting Facebook’s platform. It builds “social games” — online games that use friend relationships and other social data from social networks to deliver more compelling games.
It’s promising because it wants to straddle the lucrative world of video games and the not-yet-lucrative world of social networks. It is one of many companies with ideas for how to turn social gaming, sometimes called “funware,” into… Continue Reading
DigitalBridge Communications raises $20M for rural broadband
Whether WiMAX will ever appear from major providers like Sprint is uncertain, but DigitalBridge thinks it can effectively sell the service by offering it to small rural communities.
The company plans on serving markets with fewer than 150,000 residents, of which there are quite a few, in the vast middle spaces between the United State’s two coasts.
The $20 million funding was led by Paladin Capital Group. Previous investors CNF Investments, Novak Biddle Venture Partners and Redshift… Continue Reading
Life sciences briefing: Monday, Nov. 19, 2007
Featured companies: Alere Medical, AorTx, BioMedical Innovations, Cavidi, Centice, Integrated BioPharma, Oxitech, Nastech
UPDATED: Expanded items on Centice, AorTx and Alere Medical.
Centice raises $11M for drug-safety technology — Centice, a Morrisville, N.C., developer of computer-sensor systems, raised $11 million in a second funding round. Investors included S-Group Direct Investments, the Aurora Funds, Novak Biddle Venture Partners, Innovation Ventures and several individuals.
The funding will further Centice’s work on the Pass Rx system, a sensor designed to ensure the authenticity… Continue Reading