JouleX– an Atlanta tech startup promising a way to cut energy consumption and reduce costs at large data centers by about half– closed a $17 million round of financing, the company announced today. Investors included: Sigma Partners, Flybridge Capital Partners and Intel Capital, along with earlier investors Target Partners and TechOperators.
The U.S. EPA has not updated national statistics about how much power data centers are using in the country, in years. However, in 2007 the agency estimated that in a year, the nation’s servers and data centers consumed about 61 billion kilowatt-hours (kWh) or 1.5 percent of total U.S. electricity, costing around $4.5 billion for electricity alone. The EPA at that time, predicted national energy consumption by servers and data centers would double by 2011 to more than 100 billion kWh, representing a $7.4 billion annual electricity cost.
A more recent survey by The Uptime Institute found 36 percent of data center operators and owners… → Read More
A Boston-based, cleantech startup Digital Lumens closed a $10 million series B investment, the company announced today, that will allow it to bring its LED-based, intelligent lighting systems to warehouses and industrial facilities in the U.S., Canada and Mexico near term. The company’s earlier backers all participated in the series B, including: Black Coral Capital, Flybridge Capital Partners, and Stata Venture Partners.
Previously, the company focused on making warehouses greener in terms of lighting-related energy consumption. Digital Lumens’ chief executive, Tom Pincince, said of the company’s progress and near term strategy… → Read More
33Across, a provider of social targeting technology for online marketing, has landed $9 million in Series B financing in a round led by Flybridge Capital Partners with participation from Series A investors First Round Capital and QED Investors.
As part of the funding, Flybridge Capital’s Jon Karlen will join the company’s board. → Read More
Mobile video advertising startup Transpera has completed its Series C financing round, totaling $9 million. The round was led by BlackBerry Partners Fund, an independent venture capital firm that works in collaboration with Research In Motion and backs companies focused on building and selling applications, services and supporting infrastructure for mobile computing.
Existing investors Flybridge Capital Partners, First Round Capital, Intel Capital and Labrador Ventures also participated.
Transpera also announced the launch of what it dubs The Attention Network, its mobile video advertising platform. → Read More
Boston-based DataXu, provider of a real-time online ad bidding and optimization system, has secured $11 million in Series B funding to add to the $7.8 million in financing it raised in an earlier round (April 2009).
The company, which was a finalist at last year’s edition of the TechCrunch50 conference and startup launchpad, raised the additional capital from Menlo Ventures and prior investors Atlas Venture and Flybridge Capital Partners. → Read More
Twitter app directory oneforty has raised $1.6 million, according to an SEC filing. Of that, a previously undisclosed $375,000 is in the form of convertible debt already raised in a couple of angel rounds last year (which are converting to stock). So the company was able to raise $1.25 million in new money, and the filing indicates that the total offering amount will be $2.4 million, meaning that more might be on the way before the current Series A round is complete.
Oneforty currently lists more than 2,000 Twitter apps and ranks them based on both their popularity on the site and across the Web. The company makes affiliate revenues for paid apps (mostly on the iPhone), but could eventually charge app developers for featured spots on its homepage. Rumors surfaced in October about Twitter buying the service, but that never happened. → Read More
