A Raleigh, North Carolina-based maker of thermoelectric coolers and generators, Phononic Devices, closed a $10 million series B investment from Venrock and Oak Investment Partners, the companies revealed today.
Often explained as “solid-state heat pumps,” thermoelectric technology (a.k.a. thermoelectrics) can capture wasted heat, and convert it into power. They can also displace heat and… → Read More
“It’s a little bit like, is the Albanian army going to take over the world? I don’t think so.”
TimeWarner CEO Jeff Bewkes haughty dismissal of Netflix is still reverberating through the tech world, dominating Holiday party chatter and jokes around the metaphorical water cooler. (At least the nerdy parties I go to.)
This would be Netflix, the company that already makes up 20% of peak… → Read More
Realtime ad bidding network AppNexus today announced that it raised $50 million in a Series C financing. Investors include Microsoft, Venrock, Kodiak Venture Partners and First Round Capital. The round brings the total capital raised by AppNexus since its founding to $65.5 million. The company first raised an angel round in 2007 from Ron Conway, Marc Andreesen, Ben Horowitz, Khosla Ventures… → Read More
SocialShield, a startup that helps parents monitor their kids’ online behavior without violating kids’ privacy, raised a $10 million series A investment, the company announced today. Venrock and U.S. Venture Partners led the investement.
SocialShield gives parents high level visibility into what kids are doing, and who they’re interacting with online and via mobile phone. The San Bruno… → Read More
Audio and infotainment group Harman International Industries (aka HARMAN) has picked up Aha Mobile, a Palo Alto-based provider of on-demand mobile and location-based Internet content services, the company announced this morning.
The terms are not being disclosed, but the startup is merely 2 years old and just raised $3 million from Venrock in May 2009, so we’re assuming this is a good exit for… → Read More
BillFloat, a San Francisco-based startup incubated by PayPal and Venrock, has raised $4.5 million in a Series A round led by First Round Capital, with renewed participation of PayPal and Venrock and joined by early-stage funds and angel investors such as Jeff Clavier’s SoftTech VC, Ron Conway’s SV Angel and Mint.com board member Mark Goines.
The company soft-launched last week with a proper… → Read More
70% of users on the web do not speak English. Considering how many web sites and services are done entirely in English, obviously, this is a problem. Smartling thinks it has the solution. And now they have $4 million in funding to prove it.
The realtime website translation tool has raised the Series A round led by Venrock. Also participating are U.S. Venture Partners, First Round Capital, and… → Read More
We got a tip recently about a startup called BillFloat, which sports a rather limited website with nothing but a logo and a call for fresh engineers. The intriguing thing about BillFloat, however, was this sentence on the placeholder website: “We are a PayPal and Venrock backed startup re-defining a $100 billion market and are looking for Rails engineers.”
Since PayPal doesn’t have a particularly… → Read More
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