Digital Camera Tool LensVector Raises $30M
alarmClock Feb 05 10Mountain View-based LensVector came out of stealth today, and says it has closed $30M in a Series C and has now raised $50M. Institutional Venture Partners led with existing investors Menlo Ventures, Samsung, Silicon Valley Bank, Mitsui and Kodak. LensVector's tech will be sold for both still and video cameras. Their goal is to bring auto focus functionality to cameras without mechanical moving parts. LensVector later migrate to the proliferation of micro-cameras in laptops, netbooks, pocket video camera and other devices. The big picture is "to replace all the mechanical aspects of a camera with solid-state alternatives, starting with autofocus,” says the company's CEO Derek Proudian. Full story...
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IPhone Apps By Crowdsourcing's Labotec Angel Funded
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China Sunergy Acquires Two Companies And A New CEO
alarmClock 3 days ago2010 is setting up to be a year of consolidation and change within the solar industry as several manufacturers expect to double their revenues while others predict more modest gains.
HomeAway Vacation Home Rival Second Porch Raises $1M
alarmClock 3 days agoSecond Porch, out of Portland, OR has raised $1M in Series A funding led by the Oregon Angel Fund. Second Porch competes with Home Away in the vacation home rental and home exchange markets.
SunPower Lands Solar Power Plant In California
alarmClock 3 days agoThe Golden State is being good to San Jose-based SunPower Corp. (SPWRA, SPWRB:NASDAQ) as they announced today that they will be designing and building a 1 megawatt (MW) solar power plant in Yolo County, California.
Fast Food Kiosk's EMN8 Raises $14.4M
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Latest Vote Solar Equinox Eclipses Last Year’s Event
alarmClock 4 days agoNot often does The Alarm:Clock cover parties as the staff here experienced the dot.com era and haven’t attended any event in the past 5 years that remotely brings back memories of the good times associated with fundraising for a cause or an organization.
Playdom Invests $5M In Argentine Social Developer MetroGames
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Suntech Wins Contract For Taiwan’s Largest Solar Power Plant
alarmClock 4 days agoSeeking to double its 2009 sales this year, Suntech Power (STP:NYSE) took a step closer to that ambitious goal today by announcing they will be supplying the solar panels for Taiwan’s largest solar power plant.
Italian Electrical Plant Powered By Evergreen Solar Now Online
alarmClock 5 days agoWith the Evergreen Solar (ESLR:NASDAQ) looking for a boost after declining revenues and its Sorvello deal, the company announced today that the 5 megawatt (MW) solar power plant in Apulia, Italy is now online.
SEO Platform BrightEdge Raises $6.5M
alarmClock 5 days agoFoster City-based BrightEdge has raised $6.5M in Series B funding. Battery Ventures led the round, and was joined by return backers Altos Ventures and Illuminate Ventures.
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