Venture capitalists are pumping money into smart grid startups. Mercom Capital, a cleantech and healthcare research firm, released a report revealing that VCs have poured $142 million into smart grid companies in 26 deals during the third quarter of 2014. By comparison, smart grid investments totaled 81 million across 13 deals during the second quarter. But funding is slightly […]
iPad EMR startup DrChrono attracts $2.8M
This is awesome. NYT Bits Blog has a story today on Silicon Valley startup DrChrono and how it raised $2.8 million from Yuri Milner, in addition to the $1.3 million funded by Y-Combinator and 500 Startups, among others. DrChrono is an electronic medical record (EMR) platform that’s taking advantage of the growing popularity of iPads in […]
SolidFire is the latest flash storage funding winner with $25M
Brisk VC activity surrounding makers of flash storage systems continues apace. The latest funding success is Solid Fire, which just added $25 million to its bank account. It’s not hard to see why it was able to pry open those checkbooks. The Boulder, Colo.-based startup combines two of the hottest trends in IT, SSDs (solid […]
Flash cache appliance maker Violin Memory bags $35 million
Flash memory companies continue to rake in the investment funds. Among them is Violin Memory, which today announced that it had raised $35 million in Series B funding led by Toshiba and Juniper Networks. Toshiba, like Samsung, has been seeding the market for its own flash memory chips by investing in startups that are dependent […]
Stat of the day: 15,000 gigawatt-hours per year
Can you guess what industry lays claim to that energy consumption stat? It’s the telecom industry, specifically the 16,000 legacy TDM (time-division multiplexing) phone switches in the U.S. and Canada, which account for 15 terawatts of juice yearly or “roughly 0.4% of all electricity used in those two countries,” according to of Access Venture Partners’ […]
Nlyte banks $12 million for Green IT software
Menlo Park, Calif.-based Nlyte Software attracted $12 million in a Series C round of financing led by NGEN Partners. The funds will go toward product development and staffing up as the data center infrastructure management firm faces increased demand for its software and cementing its partnerships with the likes of HP, BMC and VMware. Nlyte […]
Global Cleantech 100: Who made the cut?
Cleantech Group has just released its ranking of the top 100 cleantech firms for 2010. Among them are smart grid networking sweethearts Grid Net, Silver Spring Networks and eMeter, smart meter maker Landis+Gyr, LED pioneers Lemnis Lighting and Bridgelux and EV charging upstart Better Place. Though most of the firms on the list share only […]
Nexant banks $43M
Nexant announced today that it added $43 million to its coffers, and that Intel Capital isn’t the only VC that has taken an interest in the smart energy software firm. In addition to Intel, Oak Investment Partners has joined existing investors TeleSoft and Beacon in funding the new round. According to Nexant’s Executive Chairman, Arjun […]
Intel funds Nexant, Adaptive Computing, Ciranova and Joyent
Intel Capital, the chipmaker’s venture capital arm, has invested $30 millions among four startups: Adaptive Computing, Nexant, Ciranova and Joyent. Of the four firms, three echo Intel’s pursuit of efficient data centers and cloud infrastructures. (Ciranova is pioneering “mixed analog-digital” chips. Interesting? Yes. Green? Potentially yes.) Joyent develops the technological underpinnings for platform-as-a-service (PaaS) clouds […]
Viridity completes $8M Series B round, lands big customers
Data center energy management firm Viridity Software this week raised $8 million in a second round of funding from Battery Ventures and North Bridge Venture Partners, bringing its total haul to date to $15 million. More than just monitoring energy usage — a common enough capability these days — the Amesbury, Mass.-based startup develops software […]
