eCommerce - Friday, March 18, 2005
Solar's BrightSource Shines With $115M Investment
Oakland, CA's BrightSource Energy is making its parents proud with a $115M round. It has now raised to date to over $160M.
Investors were led by VantagePoint Venture Partnerswith Google.org, BP Alternative Energy, StatoilHydro Venture and Black River. Existing investors did not head for the exits. They are Morgan Stanley, DBL Investors, Draper Fisher Jurvetson, and Chevron Technology Ventures.
Brightrource runs utility-scale solar power. BrightSource can thank regional energy giant PG&E for the round. In March 2008, BrightSource entered into power purchase agreements with PG&E for 900MW+ of electricity. BrightSource is developing asolar power plants in the Mojave Desert with construction of the first plant planned to start in 2009.
Given the price spikes in natural gas, we can certainly understand why investors are into Brightsource. Land is cheap in the Mojave and the government is more than happy to lend a hand.
View - Brightsource site
More Recent Articles
Ask.com Picks Up Dictionary.com After It Was Jilted By Answers.com
Thursday May 15, 2008
Ask.com is buying Dictionary.com parent Lexico (which also owns Thesaurus.com. If it sounds like this is a repeat of an old post that's because Answers.com had announced it would pay $100M for Lexico last year, before that deal went south with Answers' financing. The NY Times reports that Ask.com will also pay about $100M. Ask.com says that buying Lexico will expand its audience by 11% thanks to 145M unique monthly users. An eye-popping number is that Lexico currently only has 20 employees. Wow. View - site...
Comcast Buys Social Networking's Plaxo - Nobody Gets It
Thursday May 15, 2008
Online address book Plaxo announced today that it has been bought for an undisclosed amount by Comcast. Plaxo has been around the block. It was co-founded by Sean Parker - former Napster pin-up. The Mountain View-based startup was funded by Sequoia Capital, among others. The site reported 15M users October 2006. The original Plaxo idea was novel. Plaxo provides automatic updating of contact information. Users and their contacts store their information on Plaxo's servers. When this information is edited by the user, the changes appear in the address books of all those who listed the account changer in their own Plaxo books. Last year, we saw the launch of Plaxo Pulse. The service enables sharing of content from multiple across blogs, photos, social networking services, rating services, etc. Users can share and view content according to categories like friends, family or business network. Today we learn that Comcast has paid an undisclosed amount for Plaxo. We think that Plaxo has its aggressive partnership approach to thank. Plaxo has partnered with Google's OpenSocial, AOL and last year Comcast. All of these deals created familiarity which eventually led to a buyer. Reading posts around the Net, the consensus seems to be...
Categories
- Venture Capital (271)
- Advertising (350)
- Aircraft (14)
- Alternative Energy (190)
- ASP (37)
- Batteries (9)
- Biometrics (3)
- Communications (54)
- Digital Hollywood (16)
- Digital Home (32)
- eCommerce (373)
- Educational Software (18)
- eHealth (22)
- Email Software (5)
- Enterprise Software (222)
- Euro Ventures (80)
- File Sharing (21)
- Financial Software (22)
- Games (148)
- Hardware (40)
- Homeland Security (6)
- IMterviews (6)
- IPO (35)
- Jobs (40)
- Media (289)
- Nanotechnology (14)
- Networking (87)
- News & Updates (1380)
- Online (5)
- Peripherals (36)
- Photo Software (43)
- Publishing (7)
- RFID (3)
- Robots (14)
- Satellites (7)
- Search (180)
- Security (86)
- Semiconductors (65)
- Social Networking (359)
- Space (1)
- Sponsored Post (11)
- Storage (30)
- Tech stocks (8)
- Telecom Equipment (10)
- Video (197)
- Voice (63)
- Web 2.0 (97)
- Web Development (5)
- Where Are They Now (29)
- Wireless (336)