Tigo Energy, a Los Gatos, Calif.-based developer of technology to increase efficiency of commercial and residential solar installations, has raised $10 million in new VC funding. Inventec Appliances Corp. led the round, and was joined by Clal Energy and return backers Matrix Partners, OVP Venture Partners and ICV. The company has now raised $27 million to date.
4 min read · 09 June 2010
Virent Energy Systems Inc., a Madison, Wis.-based developer of a catalytic biomass processing system for making transportation fuels, has raised $46.4 million in third-round funding from return backers Shell and Cargill Ventures. The company previously raised nearly $40 million.
3 min read · 09 June 2010
Andrew Lee has joined Battery Ventures as a principal in the firm's Silicon Valley office. He previously was with VMWare, where he led corporate development, strategic investments and acquisitions.
1 min read · 09 June 2010
SellMyTimeshareNOW.com, a Dover, N.H.-based online secondary marketplace for timeshares, has raised $1.5 million in new funding from existing shareholder Edison Venture Fund. It previously raised $8.5 million.
3 min read · 09 June 2010
1 min read · 08 June 2010
2 min read · 08 June 2010
Martini Media Network, a San Francisco-based online ad network focused on affluent individuals, has raised $6 million in Series B funding. Reed Elsevier Ventures led the round, and was joined by Granite Ventures and Venrock.
3 min read · 08 June 2010
Progreso Financiero, a Mountain View, Calif.-based company that helps underbanked Hispanic families build credit and gain access to mainstream financial services, has raised $28 million in Series D funding. Madrone Capital and Greylock Partners were joined by return backers Charles River Ventures and DAG Ventures. The company also announced thatCarl Pascarella of TPG Capital had joined its board of directors.
5 min read · 08 June 2010
Connotate, a New Brunswick, N.J.-based provider of solutions that help companies collect data and content from the Web, has raised $5.25 million in new VC funding from .406 Ventures.
3 min read · 08 June 2010
Six Apart, a San Francisco-based provider of blogging software and services, has acquired NaturalPath Media, an online advertising and media network for sustainable, healthy and conscious lifestyles. No financial terms were disclosed. Six Apart has raised around $22 million in VC funding from August Capital, Focus Ventures and Intel Capital
3 min read · 08 June 2010
