GE Ventures related stories
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Norwest leads $48 mln funding in Omada HealthSan Francisco-based Omada Health announced it has raised $48 million in a Series C round of funding led by Norwest Venture Partners. Also participating in the round are strategic investors Humana Inc and Providence Health & Services, as well as existing investors U.S. Venture Partners, Rock Health and Andreessen Horowitz and new investors GE Ventures and dRx Capital.
Obvious Ventures invests $3 mln in Enbala Power NetworksEnbala Power Networks, a Canadian provider of real-time solutions for distributed energy resource management, has secured $3 million in follow-on funding. The investment was made by Obvious Ventures, a U.S. venture capital firm, and will be used by the company "to extend and enhance its technology platform." Earlier this year, Enbala raised $11 million /canada/2015/03/30/enbala-power-networks-nets-11-mln/ from GE Ventures, Edison Energy, Export Development Canada, EnerTech Capital Partners, Sorfina Capital and Chrysalix Energy Venture Capital. Based in Vancouver, the company was founded in 2003. It is led by President and CEO Bud Vos.
- Obvious Ventures provides $3 mln to Enbala
Enbala Power Networks, a Canadian provider of solutions for distributed energy resource management, has secured $3 million in funding. The backer was Obvious Ventures.
Corporate venture: A growing segment of the venture ecosystemVCJ guest column: An increase in corporate VC is proving good for the overall health and vitality of the entrepreneurial ecosystem.
Regional report: VCs no longer flying over OhioCincinnati, Cleveland and Columbus: The three Cs of a venture boom in flyover country
- ServiceMax pulls in $82 mln Series F
Field service management software provider ServiceMax has raised $82 million in Series F funding. Premji Invest led the round with participation from other investors that included GE Ventures, PTC Inc, Cloud Apps Capital, Emergence Capital Partners, KPCB, Mayfield, Meritech, Adams Street Partners, Crosslink Capital, Questmark Partners, Sozo Ventures and Trinity Ventures.
Corporate venture: A growing segment of the venture ecosystemAn increase in corporate VC is proving good for the overall health and vitality of the entrepreneurial ecosystem
- Sensity Systems nabs $36 mln
Sunnyvale, California-based Sensity Systems, a provider of light sensory networks, has raised $36 million in funding. Cisco Investments led the round with participation from other investors that included Acuity Brands, GE Ventures and Simon Venture Group.
- General Fusion, GaN Systems, Enbala raise new rounds
General Fusion, GaN Systems and Enbala Power Networks raised new money, according to a release from investor Chrysalix Energy Venture Capital.
Three Chrysalix portfolio companies net over $50 mln in year's first halfChrysalix Energy Venture Capital announced that three of its Canadian portfolio companies have raised more than US$50 million in follow-on financings during the first half of 2015. The companies were Enbala Power Networks /canada/2015/03/30/enbala-power-networks-nets-11-mln/ , a provider of distributed energy resource management solutions; GaN Systems /canada/2015/05/07/gan-systems-snags-20-mln/ , a developer of gallium nitride power switching semiconductors, and; General Fusion /canada/2015/05/19/general-fusion-raises-27-mln-signs-on-malaysian-strategic-investor/ , a commercial fusion energy technology platform. Based in Vancouver, Chrysalix is a sustainable innovation and alternative energy venture capital firm. As reported by peHUB Canada in March /canada/2015/03/30/chrysalix-fundraising-gains-traction-from-sustainable-innovation-focus/ the first close of Chrysalix Energy LP IV is expected to occur in mid-2015.