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Propel Fuels Secures First Phase of Series D

Posted on: December 12, 2012 by asormaniNo Comments »

Propel Fuels, a retailer of alternative fuels and clean mobility solutions, has closed on the initial phase of its Series D round of funding with $11 million from existing investors Nth Power, Craton Equity Partners, and @Ventures as well as a new investor, Gentry Venture Partners. The company has also secured $10 million in debt financing from CapX Partners.

Hara Names Nth Power Partner CEO

Posted on: November 22, 2012 by asormaniNo Comments »

Energy and resource data management software provider Hara has named Rodrigo J Prudencio as the company’s new CEO and member of the board of directors. Prudencio was a partner at Nth Power, one of Hara’s investors. He replaces Dan Leff who served as CEO since early 2011.

Rive Technology Appoints New CEO

Posted on: March 12, 2012 by asormaniNo Comments »

Rive Technology, a provider of materials-based solutions for catalytic and separations processes for refining, chemicals, and biofuels, has appointed David C. Aldous as chief executive officer. Aldous brings over 30 years of experience in the refining, chemicals and catalyst industries, including over 20 years at Royal Dutch Shell where he was executive vice president of [...]

FirstFuel Software Gets $10M From RockPort, Nth Power, Battery

Posted on: February 27, 2012 by Mark BosletNo Comments »

FirstFuel Software said it raised $10 million in a round led by RockPort Capital and joined by existing investors Nth Power and Battery Ventures. The investment will enable the Massachusetts company, that addresses the commercial building energy analytics market, to expand in the utility and government markets. PRESS RELEASE FirstFuel Raises $10 Million in Series [...]

Itron Acquires VC-backed SmartSynch

Posted on: February 16, 2012 by asormaniNo Comments »

Itron, a provider of energy and water resource management solutions is to acquire Jackson, Mississippi-based SmartSynch in a $100 million transaction. SmartSynch is a provider of point-to-point smart grid solutions that use a cellular network for communications. Backers of the company include Kinetic Ventures, JP Morgan, Endeavor Capital Management, Nth Power, GulfSouth Capital, Siemens Venture [...]

Venture-Backed CalStar Products Gets a New CEO

Posted on: January 19, 2012 by Connie Loizos7 Comments »

Six-year-old CalStar Products, a Caledonia, Wis., company that makes low-energy, low-CO2 masonry products, has brought aboard Joel Rood as its CEO. Prior to joining CalStar, Rood was GM for CertainTeed Canada. CalStar is funded by the venture firms Nth Power, Westly Group, Foundation Capital, and EnerTech Capital. PRESS RELEASE: Joel Rood, a 15-year veteran of the building [...]

FirstFuel Software Tanks up on First Round

Posted on: September 22, 2011 by asormaniNo Comments »

Boston-based FirstFuel Software, a commercial building energy analytics company, has attracted a $2.4 million first round of financing. Battery Ventures and Nth Power led the consortium with participation from individual investors.

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Crosslink Leads $16M for SynapSense

Posted on: July 20, 2011 by cnolanNo Comments »

SynapSense Corp., a maker of data center infrastructure management products, has closed on $16 million in Series C financing led by Crosslink Capital. Aeris Capital, Emerald Technology Ventures, GE Energy Financial Services, Nth Power, Robert Bosch Venture Capital and Sequoia Capital also joined in the round. The money will help SynapSense expand. Louis DiNardo, a partner with Crosslink Capital, joined the SynapSense board as a result of the round.

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Hara Adds $25M Series C

Posted on: May 18, 2011 by cnolanNo Comments »

San Mateo, Calif.-based Hara raised $25 million in Series C financing, bringing its total raised to $45 million. Investors include Energy Technology Ventures, ITOCHU Technology Ventures, Kleiner Perkins Caufield & Byers, JAFCO Ventures, Nth Power, Focus Ventures and Navitas Capital. The money will help Hara expand its produce development. The company develops environmental and energy management software.

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Rive Technology Seals $25M Round Led by Blackstone

Posted on: December 14, 2010 by cnolanNo Comments »

Rive Technology has raised $25 million in a new round of financing led by the Blackstone Group. Existing investors Charles River Ventures, Advanced Technology Ventures and Nth Power also contributed to the round. Rive Technology develops catalyst technology for petroleum refining. The company will use the new financing to support commercial trials of its technology. Cambridge, Mass.-based Rive Technology has raised a total of $47 million to date.