Luisa Beltran
Arati Prabhakar, Ph.D., was named to SRI International’s board of directors. Prabhakar was a partner at U.S. Venture Partners for the past 10 years. Previoiusly, Dr. Prabhakar was also president of Interval Research Corp. PRESS RELEASE Arati Prabhakar, Ph.D., has been elected to SRI International’s Board of Directors. Dr. Prabhakar brings extensive experience in funding […]
Warburg Pincus has led a $15.2 million Series E financing round for Spigit. Pleasanton, Calif.-based Spigit provides social innovation software. Warburg in March 2011 also invested $10 million in Spigit. PRESS RELEASE Spigit, the leader in social innovation software and services, announced today that it has secured $15.2 million in a Series E financing, led […]
Core Innovation Capital said Wednesday it closed a $45 million fund. The pool, Core Innovation Capital I LP, will invest in fintech companies serving underbanked consumers. PRESS RELEASE Core Innovation Capital I, L.P., a venture capital firm created by the Center for Financial Services Innovation (CFSI), has closed its $45 million private equity fund that invests […]
Ruth Dreessen was named to Gevo’s board of directors. Dreessen is an MD with Lion Chemical Capital. Khosla Ventures, Virgin Green Fund, Burrill & Co., Malaysian Life Sciences Capital Fund and Osage Partners have invested in Gevo, a biofuels company, which went public in 2011. PRESS RELEASE Gevo, Inc. (NASDAQ: GEVO), a leading renewable chemicals […]
SolarBridge Technologies said Wednesday that Craig Lawrence, Ph.D., has joined the company as VP of marketing. SolarBridge investors include Rho Ventures, Battery Ventures and the Texas Emerging Technology Fund. Austin-based SolarBridge develops module-integrated microinverters for the solar industry. PRESS RELEASE SolarBridge Technologies (SolarBridge), a leading provider of PV microinverter solutions, today announced that Craig Lawrence, […]
Bioformix closed $13.6 million in Series A funding which was led by Braemar Energy Ventures. Arsenal Venture Partners, Mitsui Global Investment and other strategic investors also participated. Bioformix develops energy efficient sustainable monomer and polymer platforms. PRESS RELEASE Bioformix, a developer of energy efficient sustainable monomer and polymer platforms, today announced that it has closed […]
Connotate said Wednesday that Keith Cooper was named CEO effective immediately. Cooper is the former president of Carbonite, as well the ex-CEO of webHancer Corp. and of FaxNet. Connotate, which helps companies collect data and content from the Web, raised $5.25 million in 2010 in a funding round led by .406 Ventures. PRESS RELEASE Connotate […]
Ruckus Wireless said Monday that it has secured $21.7 million in financing, bringing total investment to $72.7 million. The recent financing was led by Meritech Capital Partners and SingTel Innov8, a wholly owned subsidiary of the SingTel group. Ruckus Wireless markets and makesindoor and outdoor “Smart Wi-Fi” products for mobile operators, broadband service providers, and […]
Silverback Enterprise Group said Wednesday that it has acquired PowerSteering Software and Tenrox. Financial terms were not announced. PowerSteering provides cloud-based enterprise project and portfolio management software while Tenrox supplies cloud-based workforce management software. In November 2010, Austin Ventures committed up to $50 million to Silverback. PRESS RELEASE Silverback Enterprise Group, which acquires and builds […]
Private Equity is disorganized in its fight against baseless attacks, says William Barnum, a partner with Brentwood Associates. He also confirms that Brentwood will be fundraising later this year for its fifth fund.