Varentec, the emerging green technology company, closed a $7.7 million Series A funding late last year, according to a statement released by it and lead investor Khosla Ventures Wednesday. Additionally, the company announced, Dr. Deepak Divan will lead the company as President and CTO. Varentec makes electric grid and power electronics products.
2 min read · 18 January 2012
Usergrid, the mobile app building cloud service, has been acquired by California-based Apigee, the provider of API management products. Usergrid founder and CEO Ed Anuff has joined Apigee's leadership team, where he will continue to guide the development of Usergrid software. Specifics of the deal were not publicized.
3 min read · 18 January 2012
ShopKeep, the iPad platform developer for retailers, has landed a Series A financing led by Tribeca Venture Partners and TTV Capital. Contour Venture Partners also participated in the funding.
2 min read · 18 January 2012
Jerry Yang has resigned from Yahoo!’s board of directors, the company announced. He co-founded the company in 1995 with David Filo and had explored attempts to take the company private recently.
4 min read · 17 January 2012
3 min read · 17 January 2012
2 min read · 17 January 2012
CVC Has eyes for Phoenix What Goes Down when embargoes break General Atlantic says this is the best thing about India Nick Bilton on Square Time to Deal for BankUnited? VCs Retaliate against vulture slur Shake It Up: Pharma R&D takes time, risk and money says Sanofi CEO Missed Call? We have water! From Russia with Love: Morgan Stanley set to buy billion dollar St Petersburg mall How...does private equity work?
1 min read · 17 January 2012
Lee Hower: What’s the diff between “no” and “not yet?” Are Hipsters killing American Apparel with Groupon? Family Offices on direct investing Partner Up! Goldman’s losing ‘em Billionaires who can’t wait to get their fingers in the race Oh, Bubba! Clinton to catch a PBS-harsh-u-mentary…
1 min read · 13 January 2012
Petro Harvester Oil & Gas, the oil exploration company formed by private equity firm TPG Capital, will buy land in Mississippi and Louisiana from Denbury Resources, including 138 wells and 29 fields. The deal is expected to close by the end of 2012 and the deal—the TPG-backed venture’s third in the last 13 months—bring its total assets under management past $400 million.
3 min read · 12 January 2012
California-based solar power energy company Amonix Inc. and Kleiner Perkins Caufield & Byers announced that Jan van Dokkum will be the company’s interim CEO, following the unexpected and tragic passing of CEO Brian Robertson, who passed away in late 2011 as a result of an aircraft crash.
2 min read · 12 January 2012
