GE Ventures related stories
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Enbala Power Networks nets $11 mln in follow-on VC fundingEnbala Power Networks, a provider of distributed energy resource management solutions, has secured $11 million in follow-on financing. Backing the round was a mix of new and existing investors, including GE Ventures, Edison Energy, a subsidiary of U.S. utility holding company Edison International, Export Development Canada, EnerTech Capital Partners, Sorfina Capital and Chrysalix Energy Venture Capital. Update: The Vancouver-based Enbala said it will use the proceeds of its latest investment to extend and enhance its platform, which aggregates, controls, optimizes and dispatches distributed energy in real-time. The company was founded in 2003.
Enbala Power Networks nets $11 mlnEnbala Power Networks, a Canadian provider of solutions for distributed energy resource management, has raised $11 million in funding. The backers were GE Ventures, Edison International subsidiary Edison Energy, Development Canada, EnerTech Capital Partners, Sorfina Capital and Chrysalix EVC.
- VC-backed RainDance Technologies files for IPO
Billerica, Massachusetts-based RainDance Technologies Inc, a genomics tools provider, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. RainDance plans on listing the stock on the NASDAQ under the ticker symbol "RAIN." BofA Merrill Lynch, Cowen and Company and Evercore ISI will serve as the lead underwriters. RainDance's backers include GE Ventures and Northgate Capital.
- DigiSight Technologies fetches $7.8 mln
Silicon Valley software company DigiSight Technologies Inc has received $7.8 million in Series B funding. The backers included Biosys Capital, Waycross Ventures, GE Ventures and Lagunita LLC.
- Boston startup HourlyNerd snaps up $7.8 mln
Boston-based HourlyNerd, an online marketplace for freelance business talent, has secured $7.8 million in Series B funding. Highland Capital Partners led the round with participation from other investors that included GE Ventures, Greylock Partners and Suffolk Equity Partners.
- Iora Health picks up $28 mln
Cambridge, Massachusetts-based healthcare firm Iora Health has raised $28 million in Series C funding. The investors included Foundation Medical Partners, Rice Management Company, GE Ventures, Khosla Ventures, .406 Ventures, Fidelity Biosciences and Polaris Partners.
- Rethink Robotics pulls in $26.6 mln Series D
Boston-based robots maker Rethink Robotics has raised $26.6 million in Series D funding. GE Ventures led the round with participation from other investors that included Goldman Sachs, Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson and Two Sigma Ventures.
- Stem rings up $27 mln
Millbrae, Calif.-based Stem, a provider of energy storage and data analytics, has received $27 million in funding. The backers were Exelon Corp.'s venture arm Constellation Technology Ventures and Total Energy Ventures.
- Caremerge grabs $4 mln
Care coordination platform Caremerge has received $4 million in funding. Cambia Health Solutions led the round with participation from other investors that included Generator Ventures, GE Ventures, Arsenal Venture Partners and Ziegler-LinkAge Longevity Fund.
- GE Ventures, Baird lead $18 mln funding in Apervita
GE Ventures and Baird Capital have led an $18 million Series A funding round in Apervita, formerly known as Pervasive Health, Inc., a health analytics marketplace. Other investors in the funding round include Pritzker Group Venture Capital, Math Ventures and existing investors. Apervita was developed with seed funding in 2013.