Amex Pays $300M For Paypal/Visa/Mastercard Competitor Revolution Money
alarmClock Nov 18 09Revolution Money has been bought by American Express for $300M. The startup was founded by Steve Case and Ted Leonsis in 2007 and has raised close to $100M. Jason Hogg, founder and CEO of Revolution Money, will continue in his role. Hogg, not only was a founder of MBNA Canada, now part of Bank of America, and is also the son of credit card veteran Russell Hogg, chief executive of Mastercard in the 1980s...and on the Board. Revolution Money provides secure payments through an Internet-based platform. The company also offers a prepaid card linked to online accounts that can be used for offline payments or to withdraw cash from ATMs. Full story...
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Audio Transcription's 3Play Media Seed Funded
alarmClock 18 hours agoPlay Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search.
Indoor Ag's AeroFarms Seeded with $500K
alarmClock 18 hours agoIthaca,NY-based Aero Farm Systems has raised $500K in seed funding from The Quercus Trust and 21Ventures.
KeyCorp To Finance SunPower Projects
alarmClock 21 hours agoWith solar industry still facing a cash crunch, solar cells and panels manufacturer SunPower Corp. (SPWRA, SPWRB: NASDAQ) should be expanding its project portfolio of more than 550 solar systems installed.
AMEE Raises $5.5M for Carbon Accounting Platform
alarmClock 23 hours agoAMEE, a company that provides technology for enterprises to calculate greenhouse emissions, has raised $5.
Germany's Brands4friends.de Invests In UK's SecretSale
alarmClock less than a day agoShopping club Brands4friends.de, based in Berlin, has made an investment in similar site SecretSale, although they are not disclosing.
EventVue Craters. Founders Explain.
alarmClock 4 days agoAngel-backed EventVue has closed its doors. The startup has set-up a business to add some functions of offline events to the online world.
Social List-Maker Ranker Raises $750K
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Marin Clean Energy 1, Pacific Gas & Electric 0
alarmClock 4 days agoMany of the residents of Marin County California will soon have a choice as to whom they want providing their electricity.
Digital Camera Tool LensVector Raises $30M
alarmClock 5 days agoMountain View-based LensVector came out of stealth today, and says it has closed $30M in a Series C and has now raised $50M.
Not Enough Hot Air For Ormat’s Puna Plant
alarmClock 5 days agoMonthly revenue is declining by less than $1 million at Ormat Technologies’ (NYSE:ORA) Puna Power Plant in Hawaii due to a decline in the supply of steam.
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