Iris Dorbian
eSolar has raised $22 million in funding. Oak Investment Partners was one of the investors. The capital will be used to aid Solar’s expansion into the MENA region. Based in Burbank, Calif., eSolar, which is also backed by GE Energy, is a producer of solar power technology.
StrikeAd said Tuesday that it has raised $7 million in funding. Karlin Ventures was the lead investor. Return backers DFJ Esprit, Softech VC and Siemer Ventures joined new investors Canyon Creek Capital and Scentan Ventures in the round. Based in New York City, StrikeAd is a provider of mobile advertising solutions.
Cool Planet Energy Systems said Tuesday that it has raised $19.4 million in Series D funding. Investors included North Bridge Venture Partners, Shea Ventures, BP, Google Ventures, Energy Technology Ventures (GE, ConocoPhillips, NRG Energy) and the constellation division of Exelon. Based in Camarillo, Calif., Cool Planet Energy Systems is a provider of solutions that convert non-food biomass into gasoline through mechanical and chemical processes.
Apttus said Tuesday it has closed $37 million in funding. The investors were K1 Capital, ICONIQ Capital and Salesforce.com. Based in San Mateo, Calif., Apttus is a provider of cloud solutions for quote-to-cash automation.
FuzeBox said Tuesday that it has raised $26 million in Series B financing. Hermes Growth Partners was the lead investor. Existing investors Index Ventures, Khosla Ventures and Insight Venture Partners also participated in the round. In addition to the funding, David Obrand, a former executive at Yammer and Salesforce.com, was named CEO. Obrand and Bobby Yerramilli-Rao, founder and partner at Hermes Growth Partners, also join FuzeBox's board of directors. Based in San Francisco, FuzeBox is a provider of real-time communication and collaboration solutions.
Upworthy has raised $8 million in funding, the company announced Monday in a blog post on its website. Investors included Spark Capital, Catamount Ventures, Uprising and the Knight Foundation. Based in Brooklyn, New York, Upworthy is a social media website. To learn further details about the funding, visit here.
The Eric B. Chandler Health Center has closed $4 million from the Robert Wood Johnson Foundation and New Jersey Health Foundation, which is backed by Foundation Venture Capital Group. Based in New Brunswick, New Jersey, the Eric B. Chandler Health Center, which is owned and run by Rutgers Robert Wood Johnson Medical School in partnership with the Eric B. Chandler Community Board, is a provider of community health services to those in need.
P2Binvestor said Monday that it has closed $1.2 million in Series A funding. The investors included Rockies Venture Club and entrepreneur John Spiers. According to the company, the capital will be used for product development and expansion. Headquartered in Denver, Colorado, P2Binvestor is a provider of crowdfunded receivables financing.
Shmoop has closed on an undisclosed investment from Formation 8, a VC firm focused on introducing tech start-ups to the Asian market. Headquartered in Mountain View, Calif., Shmoop is a publisher of digital curriculum and test prep.
American Restaurant Concepts said Monday that it has received a $1 million credit facility from Blue Victory Holdings. According to the company, the loan will be used for "general working capital purposes." Headquartered in Lafayette, Louisiana, American Restaurant Concepts is the operator and franchisor of Dick's Wings & Grill restaurants and Dick's Wings Express restaurants.