1 min read · 27 October 2010
3 min read · 27 October 2010
Solar electricity company SunRun has raised an undisclosed amount of financing from U.S. Bancorp. The financing is designed to fund 1,900 installations of SunRun's residential solar power systems. The San Francisco-based start-up has previously raised about $300 million in project financing from U.S. Bancorp and PG&E. The company is also backed by $85 million in venture capital from Sequoia Capital, Accel Partners, and Foundation Capital.
3 min read · 27 October 2010
San Mateo, Calif.-based uCirrus, which develops enterprise operating software, has raised $4 million in a round led by Menlo Park, Calif.-based SK Telecom Ventures. Qualcomm Ventures and ATA Ventures also invested in the round. SK Telecom Ventures' Rob Trice, ATA’s Mike Hodges and Qualcomm’s Jack Young will join uCirrrus’ board of directors as a result of the funding.
3 min read · 27 October 2010
Appcelerator, whose software translates code from web-based applications for use on mobile operating systems, has raised $9 million in a second round of funding. Menlo Park, Calif.-based Sierra Ventures led the Series B round, which includes investments from eBay and returning investors Storm Ventures and Larry Augustin. Appcelerator will use part of the funding to develop its technology for use by PayPal merchants. The Mountain View, Calif.-based company announced a $4.5 million Series A round in 2008, which was led by Storm Ventures.
4 min read · 27 October 2010
Venture investor and PayPal co-founder Peter Thiel has invested NZ$4 million ($2.98 million) in New Zealand-based Xero Limited. Xero, which provides online accounting software, will use the financing to expand into the U.S. market. The investment will be the first made through Valar Ventures, Thiel’s New Zealand investment firm.
3 min read · 27 October 2010
U.K.-based Rockabox Media has raised an undisclosed amount of financing from London-based venture firm Frog Capital. Rockabox, which develops online video distribution technology, will use the funding for continued technology development. Frog Capital Partner Mike Reid will join the board as a result of the round.
4 min read · 27 October 2010
Former StubHub executives have raised $2.5 million in a first round of financing for Spotlight Ticket Management, which provides ticket management software for venue operators and sports teams. Providence, R.I.-based Point Judith Capital led the Series A round. Private investor Brian Bedol also contributed to the round. Spotlight Ticket Management is based in Woodland Hills, Calif.
4 min read · 27 October 2010
Austin, Texas-based Riptano has closed $2.7 million in Series A financing. Menlo Park, Calif.-based firm Lightspeed Venture Partners led the round. Menlo Park-based Sequoia Capital and private investor Jason Calacanis also participated. Riptano provides software, support and training for the open source database management system Apache Cassandra.
3 min read · 27 October 2010
VetCentric, a company providing home delivery of pet medications, has raised $3 million in Series B financing. Mass.-based Sherbrooke Capital; Palo Alto, Calif.-based Asset Management Company; and the Nestle Venture Capital Fund, part of Nestle S.A, contributed equally to the funding round. VetCentric is based in Glen Burnie, MD.
2 min read · 27 October 2010
