One Block Off The Grid (1BOG) is motivating homeowners to go solar by arranging and promoting group discounts for panels and installation services, especially in areas of the U.S. where the cost of electricity from traditional energy sources is on the rise.
SolidFire, a stealth Atlanta startup building a ‘next-generation’ cloud computing storage platform, has secured $11 million in Series A funding led by New Enterprise Associates with current investors Valhalla Partners and Novak Biddle Venture Partners participating. This brings the total of capital raised by the company to $12 million.
Not too shabby for a company that can only commit to… → Read More
23andMe, the personal genetics company co-founded by Anne Wojcicki, Google co-founder Sergey Brin‘s spouse, has raised $22 million+ in its third round of financing. The Series C round was led by Johnson & Johnson Development Corporation, with current investors participating – including New Enterprise Associates and Google Ventures (ah, family …).
23andMe, which was founded in 2006, aims to… → Read More
According to just released Dow Jones LP Source figures, U.S. private equity fund-raising closed out its worst year for fundraising since 2003, with 331 funds raising a mere $95.8 billion in 2009. That’s down 68% from the $299.9 billion raised by 508 funds in 2008.
Zooming in on the past quarter (Q4 2009), Dow Jones LP Source figures show PE firms raised $20.5 billion in 75 funds, down 80% from… → Read More
New Enterprise Associates (NEA) this morning announced (PDF) the official close of its thirteenth fund, which it began investing in May 2009. At nearly $2.5 billion, it is comparable in size to NEA’s prior fund, which closed in 2006 and was just over $2.5 billion.
According to NEA, its fund XIII represents an estimated 17 percent of all U.S. venture capital funds raised in 2009 and is the… → Read More
In the third quarter of 2009, we saw a slight rebound in venture funding from earlier in the year. But which venture capital firms were the most active in the quarter? One of my favorite new tables in our latest TechCrunch Trends report, which is based on company data we collect in CrunchBase, is the ranking of the most active venture capital firms.
We’ve reproduced that ranking below in two… → Read More