CubeTree has raised $8M in Series B led by InterWest Partners led the round with return backer Trinity Ventures. The Redwood City, CA-based startup has developed a freemium enterprise collaboration suite built on a social networking. CubeTree offers a hosted service which competes with the likes of Yammer in that it allows a closed enterprise Twitter like experience as well as a closed Facebook type of experience. Another feature is that it allows documents like Spreadsheets to be created as objects so that people can comment on them. Other competitors might be SocialText and Jive - CubeTree provides a matrix to show how the think they have more. 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.