D-Wave Systems, Inc. developer of quantum computers targeted at commercial applications, has announced the closing of a $17 Million Series C financing. Quantum computers are capable of solving the SE (Schrodinger Equation) with linear scaling exponentially faster and with exponentially less hardware than conventional computers. For a QC, the difficulty in solving the SE increases […]
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GreenRoad Technologies Inc. today announced that it has secured an investment of $14.5 million. GreenRoad develops driver safety technologies that stop risky driving before an accident occurs, and dramatically reduce crash rates for fleets and insurance companies. Its solutions are designed to empower drivers to manage their own safety by giving instantaneous, in-vehicle driver feedback—without […]
Luxim Corp., a Sunnyvale, Calif. company that boats it produces one of the most efficient light sources on the globe - 144 lumens per watt - or almost twice as efficient as other sources, has raised $21 million more in financing, we’ve learned. Lighting currently consumes almost a quarter of the world’s generated power, generating […]
Naseeb Networks, Inc. has raised $2 million in Series B funding. The company’s flagship Internet property, Naseeb.com, offers matchmaking and social networking services for the Pakistani and Arab diaspora communities. With over 1.3 billion Muslims worldwide, Naseeb.com has achieved a leadership position in a huge market. The site’s features include blogging, instant messaging, photo and […]
SJS Technology Inc.: According to a regulatory filing picked up by PeHub.com, Khosla Ventures is leading a Series A round of funding for Goleta, Calif.-based solid state lighting startup SJS Technology. The report says SJS Technology has secured $2.5 million of a $5 million round. While most of us are already switching out incandescent bulbs […]
Sonexa Therapeutics, Inc., a clinical-stage biopharmaceutical company developing therapeutics for the treatment of Alzheimer’s disease, announced today that it has raised $30 million in a Series A round of financing. Proceeds from the financing will be used to fund the licensing and development of a novel drug being tested as a therapeutic to treat Alzheimer’s […]
VirtenSys Ltd., a leading developer in the emerging and fast growing PCI Express IO virtualization market, today announced the closing of a US$12 million first round of financing. VirtenSys, a fabless semiconductor company, provides critical IO virtualization solutions to the data centers, storage and networking infrastructure markets. Its products increase the servers’ utilization in the […]
Widgetbox Inc. announced today it has closed its series B funding, raising $8 million. Widgetbox helps people express, connect, create and inform using web widgets that can be easily shared and distributed anywhere on the web. Widgetbox has the largest selection of web widgets - over 33,000, with 28 million monthly viewers on over 210,000 […]
AutoVirt Inc., a Nashua, N.H.-based provider of file virtualization and automation solutions, has raised $4 million in Series A funding. AutoVirt’s mission is to increase IT productivity by replacing manual labor with automation and virtualization. Virtualization separates the purpose and benefit of a service from its physical implementation and is often the key to greater […]
Ensenda Inc., a San Francisco-based provider of last-mile logistics, has raised $10.3 million in Series C funding. Ensenda is dedicated to leading the industry in customer satisfaction for carrier management and last mile logistics. Ensenda manages a network of the top local delivery firms in North America, linked through our proprietary Web-based technology. By outsourcing […]
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