FMI NewCoal, a Denver-based developer of low-rank coal upgrade technology, has raised an undisclosed amount on new VC funding led by Emerald Technology Ventures.
2 min read · 19 November 2008
Ambric, a Beaverton, Ore.-based developer of massively parallel processor arrays, announced that it is for sale. The company has raised around $37 million in VC funding since 2003, from firms like Advanced Equities, Northwest Technology Ventures, OVP Venture Partners and Velocity Interactive Group.
3 min read · 19 November 2008
IBM has agreed to acquire Transitive Corp., a Los Gatos, Calif.-based developer of cross-platform virtualization solutions. No financial terms were disclosed. Transitive has raised over $37 million in VC funding since 2000, from firms like Crescendo Venture Management and Meritech Capital Partners.
2 min read · 19 November 2008
SunEthanol, an Amherst, Mass.-based developer of cellulosic ethanol production technology, has raised $25 million in Series B funding. Venrock and return backer Battery Ventures co-led the round, and were joined by BP, Soros Fund Management and existing shareholders Long River Ventures and Camros Capital. Past backer VeraSun did not participate, after having recently filed for Chapter 11 bankruptcy protection.
4 min read · 18 November 2008
AutoVirt Inc., a Nashua, N.H.-based provider of file virtualization and automation solutions, has raised $4 million in second-round funding from return backers Kepha Partners and Sigma Partners. It has now raised $8.5 million in total funding since its inception last year.
3 min read · 18 November 2008
Azure Power, a solar power producer in India, has raised an undisclosed amount of Series A funding from Helion Venture Partners and Foundation Capital.
3 min read · 18 November 2008
2 min read · 18 November 2008
Taboola, an Israel-based developer of video recommendation solutions, has raised $4.5 million in second-round funding. Evergreen Venture Partners led the deal, and was joined by individual angels from Israel and the U.S.
4 min read · 18 November 2008
Boingo Wireless Inc., a Santa Monica, Calif.-based operator of Wi-Fi networks, has acquired Wi-Fi networks for the WSDOT ferries division (WSF) from Parsons Transportation Group. No financial terms were disclosed for the deal, which allows Boingo to add 11 ferry terminals and 15 ferries in Washington State to its national airport network. Boingo has raised over $63 million in VC funding from Mitsui & Co., New Enterprise Associates, Sternhill Partners, Evercore Partners, Steelpoint Capital and Red Rock Ventures.
3 min read · 18 November 2008
1 min read · 18 November 2008
