Coskata looks to stimulus to finish commercial biofuel plant
Even though cellulosic ethanol maker Coskata just brought in $40 million in a third round of funding in November, it needs more to finish off its new commercial-scale plant — and the government stimulus package for biofuels looks like just the ticket.
Chief executive Bill Roe… Continue Reading
Zend Technologies gets $7M for PHP application support
Zend Technologies, the company started by the founders of the web scripting language PHP, has raised $7 million from TriplePoint Capital for expansion.
The Cupertino, Calif. company makes software that maintains and supports commercial PHP applications. Its last round of funding, for $20 million, was raised… 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… Continue Reading
ClearApp, application performance management co., raises $5M in debt
ClearApp, a Sunnyvale, Calif. company that sells application performance management software, will announce tomorrow it has raised $5 million in debt financing from TriplePoint Capital.
ClearApp monitors and manages SOA, portal, J2EE, and complex composite applications.
In June, ClearApp completed a $14.2 million second round of… Continue Reading