Solar ink maker Innovalight shines with $15M
Innovalight, a Sunnyvale, Calif. company that has developed solar ink (made of liquid-like solar cells) capable of being printed onto conducting surfaces to generate power, has brought in $15 million of an anticipated $20 million round of equity and rights, according to a filing with… Continue Reading
Innovalight pushes solar ink to record efficiency
Innovalight, maker of liquid-like silicon cells that convert sunlight into energy, announced that its product has achieved 18 percent efficiency, a record for so-called solar inks. Given that typical solar panels are 12 percent efficient on average, this is quite the achievement — especially considering… Continue Reading
Roundup: Former AOL execs face fraud charges, MetroFi throws in the towel, fingerprinters point fingers, and more
AOL execs add oddly, allege examiners — Eight AOL executives are facing fraud charges at the conclusion of a six-year long investigation by the Securities and Exchange Commission into alleged revenue overstatement of $1 billion during the company’s merger with Time Warner. Four of the… Continue Reading
Death by board meeting
[Editor's note: This is an op-ed piece by Nick Sturiale, a partner at the venture capital firm Sevin Rosen Funds. Among his investments was Xensource, the company recently acquired by Citrix.]
Across Silicon Valley, a crucial gathering occurs dozens of times every day: the venture-backed startup… Continue Reading
YouSendIt raises $10M for file delivery service for professionals
YouSendIt, a Mountain View, Calif. service that lets professionals deliver large files over the Internet, said it has raised $10 million in a second round of venture capital financing.
The funding comes at a time when dozens of companies are helping speed up the delivery of… Continue Reading