Solar Startup Solexel Raises $25M, According To Filing
Solar startup Solexel has raised $25 million in new capital, according to a filing with the Securities and Exchange Commission. No other details about the funding were available. The company received Series A financing in 2007 and a Series B round in 2008. Its board includes representatives of Kleiner Perkins Caufield & Byers, Technology Partners...
Venture Fundraising Activity Climbs To Six Year High
The number of venture funds seeking money worldwide grew to a six-year high in May, according to a report from Preqin. As of May, 369 funds were on the road hoping to raise $50.5 billion in new capital, the report found.
Carnegie Speech Raises $3.4M In Series B Funding
Carnegie Speech said it raised Series B funding of $3.4 million. No other details were available. The Pittsburgh company, a spin out of Carnegie Mellon University, is developing language learning technology and says it has seen 85% first quarter growth. PRESS RELEASE CARNEGIE SPEECH ANNOUNCES RAPID Q1 2012 GROWTH The intelligent language learning company filed...
Gen110 Gets Investment From Kleiner Perkins
Gen110 said it received an investment from Kleiner Perkins Caufield & Byers. No terms were disclosed. PRESS RELEASE Gen110 Announces Kleiner Perkins Investment Silicon Valley pillar backs distributed energy company as a new breed of electricity provider San Francisco, Calif., May 17, 2012 – Gen110, the leading distributed energy company, today announced it has received...
BagThat Trading Raises $3.2M From Oxford
BagThat Trading Limited said it raised £2 million ($3.2 million) in a round led by Oxford Capital. The investment will fund the further development and marketing. PRESS RELEASE Oxford Capital leads £2 million funding round for BagThat New online store captures social network buying power to deliver unbelievable deals on branded goods BagThat Trading Limited, a...
Accel, Sequoia In Largest Joint Investment Put $70M In Qualtrics
Qualtrics said it raised $70 million from Accel Partners and Sequoia Capital in a deal the firms described as their largest-ever joint investment. Qualtrics of Provo, Utah, said it would use the money to hire 250 employees in the next year, more than doubling the size of the company. PRESS RELEASE Qualtrics Raises $70 Million...
Coupa Raises $22M From Crosslink, Battery, BlueRun, Mohr, El Dorado
Coupa Software said it raised $22 million in a Series E round led by Crosslink Capital and joined by Battery Ventures, BlueRun Ventures, El Dorado Ventures and Mohr Davidow Ventures. The company said its new valuation is a significant multiple over previous rounds. PRESS RELEASE Coupa Software Raises $22 Million in Series E Funding Round...
Etsy Raises $40M From Index, Accel, Union Square, Burda
Online market place Etsy said it raised $40 million in new capital in a deal led by Index Ventures and joined by existing investors Union Square Ventures, Accel Partners and Burda. The news was released in a blog post, which noted that $525 million changed hands on the Etsy market place last year. Here is...
