Nexant announced today that it added $43 million to its coffers, and that Intel Capital isn’t the only VC that has taken an interest in the smart energy software firm. In addition to Intel, Oak Investment Partners has joined existing investors TeleSoft and Beacon in funding the new round. According to Nexant’s Executive Chairman, Arjun […]
Intel funds Nexant, Adaptive Computing, Ciranova and Joyent
Intel Capital, the chipmaker’s venture capital arm, has invested $30 millions among four startups: Adaptive Computing, Nexant, Ciranova and Joyent. Of the four firms, three echo Intel’s pursuit of efficient data centers and cloud infrastructures. (Ciranova is pioneering “mixed analog-digital” chips. Interesting? Yes. Green? Potentially yes.) Joyent develops the technological underpinnings for platform-as-a-service (PaaS) clouds […]
Viridity completes $8M Series B round, lands big customers
Data center energy management firm Viridity Software this week raised $8 million in a second round of funding from Battery Ventures and North Bridge Venture Partners, bringing its total haul to date to $15 million. More than just monitoring energy usage — a common enough capability these days — the Amesbury, Mass.-based startup develops software […]
Windy in Louisiana: Blade Dynamics to open plant, American Superconductor and Dow take stake
American Superconductor (AMSC) today announced that it had paid $8 million for a 25 percent stake in U.K.-based Blade Dynamics. Dow Chemical’s VC arm also made a minority equity investment in the wind turbine company, which is expanding into the Southern U.S. Blade Dynamics’ claim to fame is efficient rotor technology that reduces weight and […]
Smooth-Stone raises $48M for green, ARM-based servers
Smooth-Stone, an Austin, Texas-based startup that’s looking to improve data center efficiency with computer servers that feature non-traditional chip architectures, announced today that it has raised $48 million to develop ARM-based servers. The funds come from a mix of VCs and technology companies, most notably ARM, which has a vested interest in seeing its low-power […]
Avere lands $17M in funding
When it comes to green data storage, data deduplication ranks right up there with SSDs in my book, but those aren’t the only ways to make storage systems more energy efficient and better performing. And VCs are taking notice. Avere Systems announced today that it has secured $17 million in Series B funding from Tenaya […]
