Spredfast, a social media management technology provider based in Austin, Texas, has raised $12 million in Series B financing. InterWest Partners led the round, which included participation from Austin Ventures. The company has raised a total of $15.6 million, and will use the latest infusion to expand its system across social channels, including Facebook, Twitter and LinkedIn.
4 min read · 27 September 2011
1 min read · 26 September 2011
Goldman Sachs’ private equity arm plan to invest up to 10 billion rupees ($202 million) in Indian renewable energy start ReNew Wind Power, Reuters reported. The deal is the single largest investment in India’s renewable energy sector. Reuters said that Goldman would take a majority stake, but no other details were released.
2 min read · 26 September 2011
TechMediaNetwork Inc., a media company focused on news and reviews about technology and science issues, has raised $33 million in Series B financing. Investors include ABS Capital Partners, Village Ventures and Highway 12 Ventures. The money will go toward potential acquisitions and expansion efforts. As a result of the financing, ABS Capital General Partner Ralph Terkowitz and Principal Paul Mariani will join the company’s board.
4 min read · 26 September 2011
Santa Clara, Calif.-based Power Assure has raised $13.5 million in new funding. Strategic partner ABB led the Series B round, which also included returning investors Draper Fisher Jurvetson, Good Energies, and Judith Point Capital. The company, a data center infrastructure and energy management firm, will use the money to bolster sales and marketing efforts.
3 min read · 26 September 2011
FastCall411, a maker of intelligent sales automation and analytics technology, has closed a second round of financing from 500 Startups, the company announced Friday. The company – an alumnus of the Twilio microfund – is also backed by angel investor Gerry Campbell.
3 min read · 23 September 2011
Mintigo, a Menlo Park, Calif.-based company developing tools for big-data analysis, has raised a $9 million amount of Series B financing from Mintigo. Sequoia Capital and Giza Venture Capital led the round, which also included participation from unnamed private investors. The money will be used for expansion. The company was formed in 2009.
3 min read · 23 September 2011
San Diego, Calif.-based telehealth provider Independa Inc. has raised $1.6 million from Miramar Venture Partners and City Hill Ventures, as well as undisclosed private investors. In addition, Independa also received $200,000 in debt financing from Silicon Valley Bank. The company will use the money to build market-distribution channels, for product development, and plans to market a pilot programs for customers.
3 min read · 23 September 2011
4 min read · 23 September 2011
5 min read · 23 September 2011
