Oracle Launches Cloud Startup Accelerator In Tel Aviv

Redwood City-based Oracle said on Monday that it is opening up a new, startup accelerator focused on cloud startup in Tel Aviv, Israel. The company said the accelerator will include co-working space, mentoring, access to customers, partner, and investors, along with other benefits. Oracle announced the move at an event in Tel Aviv on Monday.Continue →

d.light Gets $10.5M More For Solar Lighting

San Francisco-based d.light, which develops solar lighting and power for the developing market, has raised $10.5M more in funding, according to the company. The company said the new funding includes $5M in equity from Norfund, plus $5.5M in grant funding from Beyond the Grid and Shell Foundation. The company says it has now raised $40M in the last four months, including $22.5M in a Series D and $7.5M in debt. d....Continue →

Zoom Video Communications Snags $100M

San Jose-based Zoom Video Communications, a provider of cloud-based video conferencing and online meeting software, said today that it has raised $100M in a Series D funding. The funding was led by Sequoia, and also included Emergence Capital, Jerry Yang's AME Cloud Ventures, and Qualcomm Ventures. Carl Eschenbach of Sequoia has joined Zoom's board as part of the funding. The company has now raised $145.5M in total. Zoom's CEO is Eric S. Yuan.Continue →

Element Analytics Gets $7M For Industrial Analytics Software

San Francisco-based Element Analytics, which is developing a software analytics product aimed at the oil and gas, chemical, utility, mining and other industrial markets, said it has raised $7M in a funding round. The company said the majority of the funding came from Kleiner Perkins Caufield & Byers, and its Green Growth Fund. Element Analytics was co-founded by David Mount, who is a partner at Kleiner's Green Growth Fund, as well as Sameer Kalwani....Continue →

Yoshi Finds $2.1M For Gas Refueling Service

Are you someone who just absolutely hates going to the gas station? Palo Alto-based Yoshi disclosed this week that it has raised $2.1M in funding for its service, which charges a monthly fee plus the cost of gas to keep drivers filled up. Yoshi, which charges $20.00 a month, fills up a user's gas tank when they are parked at home or at the office, and also does things like check tires and keeps tire pressures at proper levels....Continue →

HouseCanary Picks Up $33M

San Francisco-based HouseCanary, a provider of real estate data and analytics for real estate investors, lenders, and other real estate professionals, has raised $33M in a Series A funding, the company said late Thursday. The funding came from Hillspire (the family office of Eric Schmidt), Alpha Edison, ECA Ventures and Raven Ventures. Jeremy Sicklick is CEO and co-founder of HouseCanary.Continue →

Google's Latest Renewable Energy Project Goes Online

Mountain View-based Google has another 225 megawatts of renewable energy powering its data centers, according to renewable energy developer EDF Renewable Energy, the developer behind the Great Western Wind Project. According to EDF Renewable Energy, it put the 225 megawatt wind farm--located in Oklahoma--into operation on December 21st. All of that output at the wind farm is going to Google, under a long term Power Purchase Agreement (PPA)....Continue →

Scandit Finds $7.5M For Barcode Scanning

Scandit, a developer of software for mobile barcode scanning, which has offices in San Francisco, said this week that it has raised $7.5M in a funding round. The funding was led by Atomico. Scandit, which has its headquarters in Switzerland, provides its barcode scanning software, software development kits (SDKs), and other tools to enterprise customers.Continue →

Roambee Rounds Up $3.1M From Deutsche Telekom

Santa Clara-based Roambee, a developer of real time, asset tracking and logistics monitoring software, has raised $3.1M in a funding from Deutsche Telekom Strategic Investments, the company said this morning. Roambee said the investment came as part of a global Internet-of-Things (IoT) partnership between T-Systems and Roambee. T-Systems is a subsidiary of Deutsche Telekom. The funding was part of a Series B funding round for Roambee, led by Deutsche Telekom. Roambee is led by Sanjay Sharma....Continue →

Selfie Drone Maker Lily Flames Out, Despite $34M In Pre-Orders

San Francisco-based Lily, the crowdfunded developer of a drone specifically designed to follow its users around and to take selfies, has shut down. According to the company--which raised an immense $34M in pre-orders and another $14M in venture financing--it has been unable to secure financing "to unlock our manufacturing line". Lily said it plans to wind down the company and offer refunds to its customers.Continue →

Adynxx Raises $16M

San Francisco-based Adynxx, a developer of therapeutics for treating chronic pain, said this week that it has raised $16M in a Series B funding round. The funding was led by TPG Biotech, and also included Domain Associates. TPG's Heath Lukatch has joined the board of Adynxx as part of the funding.Continue →

Panzura Picks Up $32M

Campbell, California-based Panzura, a provider of cloud storage services, has raised $32M in funding, the company said Tuesday. the funding was led by Matrix Partners, and also included Meritech Capital Partners, Opus Capital, Chevron and Western Digital. The company said the funding will go towards scaling the company. Patrick Harr is CEO of Panzura.Continue →




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