SolarBridge nets $42 mln

SolarBridge Technologies has raised $42 million in funding. Constellation Technology Ventures, which is part of Exelon Corp., led the round with participation from Shea Ventures, Rho Ventures and Prelude Ventures. According to the company, the capital infusion will be used for sales and marketing in addition to research and development. Also, SolarBridge has added Michael Smith of Constellation Technology Ventures to its board of directors. Headquartered in Austin, Texas, SolarBridge is a provider of microinverters and monitoring technology for TrueAC solar systems.

CloudPay Raises $16M From Pinnacle, Rho, Others

CloudPay said it raised $16 million in a Series B round of financing from Pinnacle Investment Partners, Rho Ventures and other institutional investors. CloudPay has collected more than $50 million in equity funding since it launched its cloud offering, named CloudPay.

Rho Ventures Leads $18.5 Mln Series B Round for TOTSY

TOTSY has closed $18.5 million in Series B round of financing. Existing investor Rho Ventures lead the round while DFJ Gotham participated. New York-based TOTSY offers deals on products for moms and kids. PRESS RELEASE TOTSY (www.TOTSY.com), a leading private sale site exclusively dedicated to delivering deals on must-haves for parents, babies and kids, announced […]

Vidyo Raises Series D From QuestMark, Juniper, Menlo, Rho, Star And Four Rivers

Vidyo, Inc. said it raised a Series D round of funding in a deal led by QuestMark Partners and joined by Juniper Networks and existing investors Menlo Ventures, Rho Ventures, Star Ventures, and Four Rivers Group. Terms of the investment were not released. Vidyo has raised $97M to date. PRESS RELEASE Juniper Networks’ Junos Innovation […]

Travora Media Adds Nile Project to its Offerings

Travora Media, a travel media information company has acquired The Nile Project, a San Francisco-based company with a portfolio of three websites: NileGuide, 10Best, and Localyte and mobile apps focused on providing local expertise to travelers. Terms of the acquisition were not disclosed. Headquartered in New York City, Travora has received funding from Rho Ventures, […]

Lawrence Joins SolarBridge Technologies

SolarBridge Technologies said Wednesday that Craig Lawrence, Ph.D., has joined the company as VP of marketing. SolarBridge investors include Rho Ventures, Battery Ventures and the Texas Emerging Technology Fund. Austin-based SolarBridge develops module-integrated microinverters for the solar industry. PRESS RELEASE SolarBridge Technologies (SolarBridge), a leading provider of PV microinverter solutions, today announced that Craig Lawrence, […]

GetGlue Raises $12M From Rho, Union Square, Others

GetGlue said in a blog post it closed a $12 million round of financing led by Rho Ventures and joined by existing investors TimeWarner Investments, RRE Ventures, and Union Square Ventures. The social TV company also said it reached the 2 million user milestone and saw more than 100 million check-ins in 2011. BLOG POST […]

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