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In today’s funding announcements, Silicon Valley heavyweights back enterprise storage and crowdsourced video subtitles:
Simpa Networks gets $1.1M to sell affordable solar power: The San Francisco-based company has raised funding in its first round to bring solar energy to consumers in India and other countries, according to a filing with the SEC. Founded by a team with experience in energy and microfinance, Simpa launched a pilot in India last August. Users purchase energy for the easy-to-install solar power systems until the cost of the system has been covered, at which point solar power is free.
EmSense brings in $4M to read your mind: The firm has raised funding in its second round to understand how consumers respond to commercials and product packaging, according to a filing with the SEC. Using a headset developed with neuroscience technology, San Francisco-based EmSense measures brainwaves to help clients evaluate the effectiveness of marketing campaigns.
Viki grabs $4.3M to spread subtitled videos around the globe: The company, based in Palo Alto and Singapore, has raised a first round of funding from investors including Andreessen Horowitz, Greylock Partners, Charles River Ventures and Neoteny Labs, peHUB reports. Founded by a Harvard grad student dealing with language barriers, Viki is supported by a community of translators who provide subtitles for TV and movies in more than 100 languages. The service is now available to the public and has streamed more than 1 billion videos since 2008.
Nimble Storage raises $16M to streamline enterprise storage: The San Jose-based company has raised a third round of funding from Sequoia Capital, Accel Partners and Lightspeed Venture Partners for its storage, backup and disaster recovery solutions, according to a filing with the SEC. Nimble Storage’s patent-pending architecture enables faster and more-efficient data management. The firm last raised $17M in 2008.
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