Mark Boslet
EcoATM said it closed a $14.4 million Series A funding with Coinstar, Inc. and Claremont Creek leading the deal. The San Diego company operates a series of kiosks that buy back and recycle consumer electronics. As part of the transaction, outstanding notes were converted and Silicon Valley Bank will provide a significant amount of venture […]
Coupa Software said Tuesday it closed a $12 million Series D round of financing in a deal led by Mohr Davidow Ventures and joined by existing investors El Dorado Ventures, Battery Ventures, and BlueRun Ventures. MDV General Partner Bryan Stolle will join the board of the San Mateo, Calif, based provider of spending management software. […]
Intel Capital said Monday it is committing $26 million to six mobility startups to spark innovation in mobile hardware, software and ecosystems. The startups are CloudMade, QuantumFilm, InVisage, Kaltura, SecureKey Technologies and VisionOSS Solutions. the announcement was made at the Mobile World Congress in Barcelona. PRESS RELEASE Intel Capital Investments To Help Expand The Mobile […]
Austin Ventures appointed Vernon Bryant as venture partner. Bryant will co-lead the development of Austin-based firm’s Texas Middle Market strategy with Principal Scott Donaldson. He joins the firm from TGF Management Corp. PRESS RELEASE Austin Ventures Announces Addition of Venture Partner Vernon Bryant to Focus Efforts on Texas Middle Market Investments AUSTIN, TX–(Marketwire – February […]
Russian venture capital firm Runa Capital said it would expand its fund to $50 million from $30 million and increase its investing in high tech startups. The firm plans another eight to 10 transactions in 2011. PRESS RELEASE Runa Capital To Invest $50M In Russian High Tech Startups MOSCOW, February 3, 2011 /PRNewswire/ — Runa […]
President Obama emphasized clean energy in his State of the Union address on Monday, calling on the nation to get 80% of its electricity from renewable and other sources by 2035. It seems like the venture community anticipated his plea. Clean energy comes in a number of different flavors, according to Obama. Wind, solar, nuclear, […]
Cisco Systems said Wednesday it will acquire privately-held Pari Networks. The privately held Milpitas, Calif., company, provides network configuration, and change and compliance management products to complement Cisco’s network management offerings. The company has part of its workforce in Hyderabad, India. PRESS RELEASE Cisco Announces Intent to Acquire Pari Networks SAN JOSE, Calif. – January 26, […]
The list of solar installation fundings gets longer with Verengo Solar Plus nabbing $9.7 million from Angeleno Group. The Orange, Calif., company is among southern California’s largest installers. Angeleno is a private equity firm investing in alternative energy and energy related companies. PRESS RELEASE Verengo Solar Plus Receives $9.7 million Expansion Investment from Angeleno Group […]
Imagine a midtown Manhattan sidewalk at lunchtime. Now you have the feel of this year’s CES. The nation’s largest consumer electronics show clearly feels busier than last year, with an estimated 125,000 people in attendance. Crowds are flocking to tablet computers, 3D televisions, tiny digital camcorders, sleek laptops, and more. But here are some products that aren’t catching the glare of the cameras, but which are innovative and interesting in their own right. Some may turn into the sleeper success stories of 2011 or 2012. Some may not. In either case, they are creative
Meebo Inc. said Tuesday it closed a $27.5 million Series D round of funding led by Khosla Ventures and joined by existing investors Sequoia Capital, Draper Fisher Jurvetson, Time Warner and JAFCO. The Mountain View social networking company said they funds would allow it to continue building out its site. With the new funding, the […]