Deeya Appoints Non-Exec Chairman

Energy storage system provider Deeya Energy has appointed Ravi Sharma, as non-executive chairman of the board of directors. Sharma joined Deeya Energy’s board of directors in late 2012.

A combination photo shows Reese Witherspoon and her husband James Toth after their arrest in Atlanta

peHUB Second Opinion 4.22

The hot new scheme to avoid corporate taxes, a foiled terror plot in Canada, the latest from Fred Wilson, Reese Witherspoon is super sorry, Anthony Weiner is tweeting again, and why you need to fact check press releases.

MetroMile Launches with Pay-Per-Mile Car Insurance

Tech company MetroMile has launched and unveiled a first-of-its-kind car insurance product that charges drivers a per-mile rate for the miles they drive each month. The company has raised over $4 million in funding from NEA, Index Ventures, First Round Capital and SV Angel.

peHUB First Read

Click on this morning’s First Read to find out more about Blackstone’s new head of PE, an energy gold rush and why America is concerned with getting fat.

Box Launches Box OneCloud for Android

Box is launching Box OneCloud for Android devices. Founded in 2005, Box provides a secure content sharing platform. The company is headquartered in Los Altos, California and is backed by venture capital firms Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, NEA, Scale Venture Partners, and U.S. Venture Partners, […]

Curalate Secures Seed Funding

Curalate, a monitoring and analytics platform for socially curated sites, including Pinterest has launched. The company has secured seed funding of $750,000 from NEA, First Round Capital and MentorTech. PRESS RELEASE Curalate, the leading monitoring and analytics platform for socially curated sites, including Pinterest, launches today — bringing 150+ brands and agencies out of Beta; […]

Green Dot to Buy Loopt for $43.4 Mln

Green Dot Corp. has agreed to buy Loopt. Green Dot is paying $43.4 million cash, which includes about $9.8 million to be set aside as a retention pool for key Loopt employees . The deal is expected to close by the end of first quarter. Loopt is maker of a mobile social mapping application. Loopt […]

Fantasy Shopper Gets Funding

Fantasy Shopper, an online experience that socialises and gamifies online shopping, has secured first round funding led by Accel Partners and NEA. This funding will enable Fantasy Shopper to build out engineering and business development resources and expand into new markets. PRESS RELEASE Fantasy Shopper, a new online experience that socialises and gamifies online shopping, […]

EnVerv Adds $12M Series B

EnVerv Inc., a fabless semiconductor company based in San Jose, Calif., has raised $12 million in Series B financing led by Benchmark Capital. Previous investors NEA and Walden International also participated in the round.

Lattice Semiconductor Pays $62M for SiliconBlue

Publicly traded Lattice Semiconductor Corp. will pay roughly $62 million to acquire SiliconBlue Technologies, a venture-backed maker of products for the consumer handheld market. Founded in 2006 and based in Santa Clara, Calif., SiliconBlue was backed by investors including BlueRunVentures, Crosslink Capital, NEA, Apex Venture Partners, TSMC and Atlantic Bridge.

SuVolta Unveils New Technology

SuVolta, a developer of scalable low-power CMOS technologies, has released details of its Deeply Depleted Channel™ (DDC) low-power transistor technology. SuVolta is backed by venture capital firms Kleiner Perkins Caufield & Byers, August Capital and NEA. PRESS RELEASE SuVolta, Inc., a developer of scalable low-power CMOS technologies, today disclosed details of its Deeply Depleted Channel™ […]

Serious Energy Raises Nearly $3M: CORRECTED

Serious Energy Inc., a maker of energy efficient material used in windows for buildings, has raised $2.97 million of a proposed $33.9 million funding round, according to an ammended filing with the Securities and Exchange Commission. peHub.com reported previously that Serious Energy had recently raised an undisclosed amount from GSV Capital, a closed-end, publicly traded investment fund that’s been investing in venture-backed private companies.

The company’s products have been used in the Empire State Building and the New York Stock Exchange. Serious Energy’s board includes venture capitalists John Babcock, a partner with Rustic Canyon Partners; NEA’s Forest Baskett; Thomas Galuhn, a senior managing director at Mesirow Financial; and Paul Holland, general partner for Foundation Capital.

NeuroPace to Bag Big Bucks—Again

NeuroPace, the Mountain View, Calif.-based maker of implantable devices for the treatment of neurological disorders, is about to close a big round, with some boldface-name VCs providing backing—as well as one big strategic, too. Looks like VCs are bullish on the company’s treatment for epilepsy, which entered pre-market testing with the FDA late last year.

According to a filing submitted yesterday to the S.E.C., NeuroPace is about $50 million through a $62 million fundraising.

The filing includes one big name, from a strategic investor’s VC shop….

Ardelyx Raises $30M Series B

Ardelyx Inc. has raised $30 million in fresh capital from New Enterprise Associates, CMEA Capital and new investor Amgen Ventures. The Series B round will help advance Ardelyx’s pharmaceutical pipeline that includes product candidates to help treat irritable bowel syndrome, chronic kidney disease and type 2 diabetes. The company has raised a total of $56 million since it was formed in 2007. Ardelyx is based in Fremont, Calif.

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