Palo Alto's Bill.com has raised $8.5M led by August Capital led the round, with return backers DCM and Emergence Capital. The company has now raised more than $17M. Bill.com (formerly CashView) serves the small business and payments markets. It offers an electronic cash management service. Its service simplifies the way companies manage bills, invoices, contracts, and other documents. The company delivers its service through an on-demand or SaaS model. René Lacerte is the firm's founder and CEO who had previously founded Paycyle. He is also the son of the family that founded Lacerte software which was bought in 1998 by Intuit for $400M, so he has financial software in his blood. Full story...
Play Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search.
Ithaca,NY-based Aero Farm Systems has raised $500K in seed funding from The Quercus Trust and 21Ventures.
AMEE, a company that provides technology for enterprises to calculate greenhouse emissions, has raised $5.
Shopping club Brands4friends.de, based in Berlin, has made an investment in similar site SecretSale, although they are not disclosing.
Angel-backed EventVue has closed its doors. The startup has set-up a business to add some functions of offline events to the online world.
LA-based Ranker has raised $750K in a seed investment round and plans to tack on another $250K to the seed round.
Many of the residents of Marin County California will soon have a choice as to whom they want providing their electricity.
Mountain View-based LensVector came out of stealth today, and says it has closed $30M in a Series C and has now raised $50M.
Monthly 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.