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...
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.
With 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, 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.