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...
Foster City-based lead generation giant QuinStreet has filed for a $250M IPO. The company saw $260M in revenue for the fiscal year ending June 30 (an uptick of 35% over the prior year), with net income of around $17.
GEMASOLAR 2006 SAU, flagship project of Torresol Energy Investment SA, brightened up with the announcement by the European Investment Bank (EIB).
Masanobu Fukuoka would have been proud of this. This is indeed an "one-straw revolution" towards a greener planet.
Online textbook rental company Chegg.com it raised $57M in a fourth round of funding. Santa Clara-based Chegg.
Mountain View-based MyFit has raised $1M in funding from New Enterprise Associates. We are not crazy about the name as it sounds like a fitness company.
Showing strong improvement across the board from the previous quarter, Suntech Power’s (STP:NYSE) Q3 2009 earnings release suggests that solar industry is poised for a recovery.
LA-based Digiboo has been funding by Revelations Entertainment, the production firm owned by celebrity Morgan Freeman.
When Facebook ad networks Lookery, Cubics, Adonomics and Social Media got an early start with their Facebook ad networks and raised funding, they surely thought they were in the sweet spot for riches.
In a landmark €66M ($98M) deal, Poland-based Enterprise Investors, a private equity firm, has fully bought out Profi Rom Food Group, one of the largest supermarket chains in Romania and a management buy-in team has closed the transaction.
ShoeDazzle.com, a Los Angeles-based online high-end shoe rental site that features reality show and adult film star Kim Kardashian, has raised $7M.