Content start-up Shareaholic has closed an oversubscribed $3 million Series A led by Kepha Partners. Existing investors including General Catalyst Partners, NextView Ventures, 500Startups and angels also participated. ANNOUNCEMENT Today I am thrilled to announce that we have closed a very oversubscribed $3 Million Series A led by Kepha Partners with all our existing investors [...]
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Sand 9, a MEMS technology company developing precision timing products for wireless and wired applications, has raised a $23 million Series C financing round led by Intel Capital with significant participation from Vulcan Capital. Existing investors Commonwealth Capital Ventures, Flybridge Capital Partners, General Catalyst Partners, Khosla Ventures and CSR also joined the round. Founded in [...]
Yottaa Inc., a web optimization company, has closed $9 million in Series B funding. All existing investors, including General Catalyst Partners, Stata Venture Partners and Cambridge West Ventures returned for this round and were joined by additional undisclosed investors, the company said. PRESS RELEASE Yottaa, Inc., the web optimization company, announced today that it has [...]
General Catalyst Partners has led a $4 million series A round for Locu. Chris Sacca’s Lowercase Capital, Lightbank and SV Angel participated, while Naval Ravikant and Babak Nivi of AngelPool, Quotidian Ventures, and Matt Ocko of Data Collective also took part in the round. With offices in Cambridge, Mass. and San Francisco, Locu is building [...]
Gridco Inc., a smart grid power management startup founded by Naimish Patel, founder of publicly traded Sycamore Networksm has raised $8 million in funding from investors, according to an SEC filing that appeared early yesterday. Patel is listed as president of Gridco. Among those listed as Gridco’s directors are Ric Fulop, a partner at North [...]
New Jersey Buys Into Khosla’s New Fund, Sees Its Venture Portfolio Rise In Value Last Year: Slideshow
Last year, the state’s investment council committed to three new funds: Khosla Ventures IV, Tenaya Capital VI and General Catalyst Group VI, according to a December 2011 investment report.
SnagFilms has closed a seven-figure financing round to accelerate its growth plans. All current investors participated, including New Enterprise Associates and Comcast Interactive Capital , along with two new investors: media and Internet executive Terry Semel and David Fialkow, co-founder and managing director of General Catalyst Partners. The company has also arranged its first debt [...]
Abine, a provider of online privacy solutions for consumers looking to regain control over their personal information, has appointed Kristina Kennedy as vice president of marketing and Brian Michon as vice president of engineering. Abine is backed by Atlas Ventures and General Catalyst Partners. Earlier last year, it closed a series A round, raising $5.2 [...]
Stion this week announced one of the year’s largest private company solar investments, a $130 million financing of its thin-film module manufacturing technology. What the deal says is that some investors still believe they can change the game in solar. The currently prevailing perception is that solar, and thin film in particular, are the graveyards [...]
Stion, a manufacturer of thin-film solar modules, has raised $130 million in equity financing led by AVACO and Korean private equity funds. Existing investors Khosla Ventures, Taiwan Semiconductor, Lightspeed Venture Partners, Braemar Energy Ventures and General Catalyst Partners all participated in the round, the company said. The money will help Stion continue a planned expansion of its manufacturing facility in Hattiesburg, Miss. The company will also put $35 million into a Korean manufacturing subsidiary. Stion is based in San Jose, Calif.