GridPoint lands more funds for smarter utility use
GridPoint, one of the largest companies in the emerging smartgrid sector, announced that it has brought in an undisclosed sum from Craton Equity Partners. Already working with several investor-owned utilities like Duke Energy Corp. and Xcel Energy, GridPoint says its system automatically manages energy loads and storage, integrates renewable sources and can be used to power electric vehicles more efficiently.
That last function is of particular importance to GridPoint, which acquired V2Green, a company that makes… Continue Reading
Plimus raises $18M for e-commerce platform
Plimus, an e-commerce startup that is in the process of establishing itself in Silicon Valley, has taken an $18 million first round of funding.
The company makes an e-commerce backbone that other businesses can use to sell their products or services online. Plimus also competes with affiliate program coordinators like Clickbank.
Susquehanna Growth Equity provided the entire $18 million, the first venture funding Plimus has taken. The company is headquartered in San Diego, Calif., maintains R&D centers… Continue Reading
Wireless USB on the way — Wisair grabs $24M
Wisair, an Israeli ultra-wideband firm, has raised a large round of funding and says it’s gearing up to deliver more wireless USB products to the market, a technology that could cut down on the clutter of wires on the average computer user’s desk.
USB is the standard connection for most electronics that you hook up to your computer, among them cameras and MP3 players, and some equipment like the keyboard and mouse. Wired USB hasn’t been… Continue Reading