Advanced Power Projects Gets Series A Investment

Fremont-based Advanced Power Projects, which is developing technology for reducing greenhouse gas emissions in power plants, said Tuesday that it has raised a Series A funding. The round included Bay Partners, Sequoia Capital, and Redpoint Ventures. The firm, which is headed by fomer Calpine head Peter Cartwright, said that Atul Kapadia from Bay and Mike Goguen from Sequoia will join the firm's board as part of the funding. More information »