Friday, March 24, 2017Cool Planet Reboots, In Colorado, With $19.3M Series A FundingCool Planet, the former Camarillo, California startup working on carbon conversion technology, has resurfaced in Colorado with a $19.3M Series A funding. According to Cool Planet, the new funding was led by AgustÃn Coppel and North Bridge Venture Partners, and will go towards commercalization of its biochar product, Cool Fauna Engineered Biocarbon. Cool Planet, until recently, was focused on biofuels development; the company had raised over $100M in its earlier incarnation and under different m (More info...)
posted on Friday, March 24, 2017(Full story)
SpaceX Aims At Re-Launching Rocket With Next MissionHawthorne-based SpaceX is getting set to launch its first, ever, reusable rocket stage next week, in what could be a historic moment for spaceflight. SpaceX reportedly will use the same Falcon 9 first stage booster it used for the earlier CRS-8 mission, for the launch of the SES-10 satellite. The launch is expected to occur as soon as March 29th. The first stage booster successfully launched a payload to the International Space Station in April of 2016, and landed on a SpaceX barge in the Pacifi (More info...)
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Alteryx Prices IPO, To Debut On NYSE TodayIrvine-based Alteryx priced its IPO on Thursday evening, saing that it will sell 9,000,000 shares of its Class A common stock at $14.00 per share. Alteryx will begin trading this morning as AYX on the New York Stock Exchange. The company, which develops data analytics software, priced at the high end of its estimated initial IPO range, which had been between $12.00 and $14.00 per share. Alteryx is venture backed by Insight Venture Partners, Sapphire Ventures, Thomson Reuters, Toba Capital, and I (More info...)
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Shift Launches Online Car Buying, Selling Service In San DiegoShift, an online car buying and selling startup based in San Francisco, said on Thursday that it has launched buyer operations in San Diego, allowing people to buy and sell cars in the market. The startup is backed by more than $73M in funding from DFJ, Highland Capital, and Goldman Sachs Investment Partners. Shift's service manages the entire buying and selling process, and includes on-demand test drives, on-site appraisals, and pickup of automobiles, and even handles DMV paperwork.
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Western Digital Backs Avere SystemsIrvine-based storage device maker Western Digital has backed Avere Systems, a developer of a file system for the hybrid cloud. Avere said this week that it has raised $14M in a Series E funding round, which came from Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital and Western Digital Capital, along with Google. Western Digital Capital, the venture capital arm of Western Digital, was an existing investor in Avere. Avere is based in Pittsburgh, Pa, and has now (More info...)
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Qualcomm, AT&T, CH2M In Water Management EffortSan Diego-based Qualcomm Intellignt Solutions, a subsidiary of Qualcomm Incorporated, has linked up with AT&T and CH2M to use Qualcomm's modem technology to monitor water usage in Georgia the company said on Thursday. Qualcomm said its power-efficient modems are being used to monitor non-revenue water usage for the Gwinnett County Department of Water Resources (Gwinnett County) in Georgia. Financial impact of the win was not announced. Qualcomm's modems will be used to connect ultrasonic water m (More info...)
posted on Friday, March 24, 2017(Full story)