Venture capitalists are pumping money into smart grid startups. Mercom Capital, a cleantech and healthcare research firm, released a report revealing that VCs have poured $142 million into smart grid companies in 26 deals during the third quarter of 2014. By comparison, smart grid investments totaled 81 million across 13 deals during the second quarter. But funding is slightly […]
Al Gore’s VC firm backs GreenBytes
Another SSD deal? You bet! GreenBytes snagged $12 million in Series B funding from Al Gore’s venture capital fund, Generation Investment Management. Battery Ventures and GreenBytes’ management team chipped in as well. GreenBytes, a dedupe specialist and maker of SSD and hybrid disk arrays, plans to use the money to expand into the global marketplace and shore up […]
Vigilent bags $6.7M for green Big Data centers
If you’ve been following some of my Big Data coverage on Enterprise Apps Today, then you know that it’s kind of a big deal in IT circles lately. And true to its name, storing, processing and analyzing Big Data takes some pretty big IT infrastructure, which in turn results in big, power-hungry data centers. Or does […]
iPad EMR startup DrChrono attracts $2.8M
This is awesome. NYT Bits Blog has a story today on Silicon Valley startup DrChrono and how it raised $2.8 million from Yuri Milner, in addition to the $1.3 million funded by Y-Combinator and 500 Startups, among others. DrChrono is an electronic medical record (EMR) platform that’s taking advantage of the growing popularity of iPads in […]
SolidFire is the latest flash storage funding winner with $25M
Brisk VC activity surrounding makers of flash storage systems continues apace. The latest funding success is Solid Fire, which just added $25 million to its bank account. It’s not hard to see why it was able to pry open those checkbooks. The Boulder, Colo.-based startup combines two of the hottest trends in IT, SSDs (solid […]
Pure Storage enters flash startup race
Hot on the heals of flash storage all-stars Fusion-io and Violion Memory, comes Pure Storage, a startup that’s making some bold claims about its tech, particularly surrounding costs. Pure Storage, which just emerged out of stealth, has attracted $55 million in funding, including $30 million in a just-announced series-C round of funding led by Redpoint […]
Funding flash: Fusion-io files for IPO
Fusion-io, a maker of flash memory modules for fast, energy efficient server storage, has filed for an initial public offering in the hopes to raising up to $150 million. And for those watching the flash storage and SSD markets, it’s a pretty big deal. The Salt Lake City-based startup has been a rising star in […]
Flash cache appliance maker Violin Memory bags $35 million
Flash memory companies continue to rake in the investment funds. Among them is Violin Memory, which today announced that it had raised $35 million in Series B funding led by Toshiba and Juniper Networks. Toshiba, like Samsung, has been seeding the market for its own flash memory chips by investing in startups that are dependent […]
Stat of the day: 15,000 gigawatt-hours per year
Can you guess what industry lays claim to that energy consumption stat? It’s the telecom industry, specifically the 16,000 legacy TDM (time-division multiplexing) phone switches in the U.S. and Canada, which account for 15 terawatts of juice yearly or “roughly 0.4% of all electricity used in those two countries,” according to of Access Venture Partners’ […]
Nlyte banks $12 million for Green IT software
Menlo Park, Calif.-based Nlyte Software attracted $12 million in a Series C round of financing led by NGEN Partners. The funds will go toward product development and staffing up as the data center infrastructure management firm faces increased demand for its software and cementing its partnerships with the likes of HP, BMC and VMware. Nlyte […]
