Singapore-based Semitech today announced that the company has raised $3.4 million AUS — incidentally nearly the same USD amount due to current exchange rates — with an option for up to $6 million more for a total possible haul of $9 million. The Series A round was led by Melbourne, Australia’s Cleantech Ventures. The startup […]
Cisco snaps up smart grid firm Arch Rock
In case there’s any doubt that Cisco is taking the smart grid seriously, Earth2Tech’s Katie Fehrenbacher is reporting today that the computer networking giant is buying up San Francisco-based wireless smart grid networking firm Arch Rock. Terms, as they say, are undisclosed (drat!). The main draw? “Arch Rock’s wireless mesh technology enhances Cisco’s IP-based, end-to-end […]
