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 $17.2M. QuinStreet has raised nearly $60M in funding, from VC firms led by Split Rock Partners, Sutter Hill Venture, Granite Global Ventures, and Catterton Partners. The biggest shareholder is CEO Douglas Valenti, who owns an 18.33% stake. QuinStreet is similar to something like InternetBrands in that it grows mainly through acquisitions, generally of fairly small lead generation focused Web sites. 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.