1 min read · 24 April 2009
Move Networks, an American Fork, Utah–based provider of Internet television services, has acquired Inuk Networks, a UK-based triple-play service provider. No financial terms were disclosed. Move has raised over $57 million in VC funding from firms like Benchmark Capital, Cisco Systems, Comcast Interactive Capital, Hummer Winblad Venture Partners, Microsoft and Steamboat Ventures. Inuk Networks had raised around $18.5 million from S4C and Wesley Clover.
3 min read · 24 April 2009
1 min read · 24 April 2009
2 min read · 23 April 2009
Powerspan Corp., a Portsmouth, N.H.-based developer of clean energy technologies for existing power producers, has raised over $50 million in Series D funding at a pre-money valuation of approximately $150 million. The round's first $50 million closed last summer, while a regulatory filing from last month reports that the company had secured $2 million of a new $7 million tranche. New backers include George Soros, Tenaska Energy Inc., AllianceBernstein and Persimmon Tree Capital. Returning shareholders include NGEN Partners, The Beacon Group, The Tremont Group, RockPort Capital Partners, Calvert, Angeleno Group, Fluor Corp. and FirstEnergy Corp.
5 min read · 23 April 2009
Pipeline Financial Group Inc., a New York-based provider of block execution systems, has acquired the assets of 3D Markets Inc., a provider of a block options execution system. No financial terms were disclosed. 3D Markets employees will now work at Pipeline, which has raised over $20 million from firms like GIV Venture Partners, Meritage Funds, Tudor Ventures and Venrock.
2 min read · 23 April 2009
1 min read · 23 April 2009
EPS Corp., a Costa Mesa, Calif.-based developer of energy intelligence solutions for Fortune 500 companies, has raised $30 million in Series B funding. Altira Group led the round with a $10 million investment, and was joined by return backers NGEN Partners and Robeco.
3 min read · 23 April 2009
Ausra, a Palo Alto, Calif.-based developer of a utility-scale solar thermal power plant, has raised $25.5 million in fourth-round funding. Backers include Kern Partners, Generation Investment Management, Starfish Ventures , Khosla Ventures and Kleiner Perkins Caufield & Byers. The company has now raised over $125 million in total VC funding.
2 min read · 23 April 2009
Bruce McWilliams has joined U.S. Venture Partners as an executive-in-residence. He is the former CEO of miniaturization technology developer Tessera Technologies Inc. (Nasdaq: TSRA).
2 min read · 22 April 2009
