DESRI acquires Portal Ridge solar facility

Published on June 17, 2016

D.E. Shaw Renewable Investments LLC has acquired the Lancaster, California-based Portal Ridge solar project from First Solar Inc. No financial terms were disclosed.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–D. E. Shaw Renewable Investments, L.L.C. (“DESRI”) today announced the acquisition of the Portal Ridge solar project from First Solar, Inc. Portal Ridge is a 31 MW-ac solar facility located in Lancaster, California, with 20-year power purchase agreements with Pacific Gas and Electric Company and Southern California Edison. The project, which was developed by First Solar, was acquired by an affiliate of DESRI in partnership with Bright Plain Renewable Energy.

The facility will be built by Blattner Energy Inc. pursuant to an engineering, procurement, and construction (EPC) contract, and will utilize First Solar’s advanced thin film solar modules. The project is expected to produce more than 90,000 MWhs of clean energy per year for customers in Southern California.

Financing for the a..

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NEA leads Series A round for Tigera

Published on June 17, 2016

San Francisco-based Tigera Inc, a networking solutions provider, has raised $13 million in Series A funding. New Enterprise Associates led the round with participation from Wing Venture Capital. In addition to the funding, Ron Bernal, venture partner at NEA, Aaron Jacobson, principal at NEA; and Peter Wagner, founding partner at Wing, have been added to Tigera’s board of directors.

Source: Press Release

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MindLytiX picks up funding from Iris Capital

Published on June 17, 2016

Paris-based MindLytiX, a provider of data for marketing and advertising, has secured 1.25 million euros in funding. The backer is Iris Capital.

PRESS RELEASE

MindLytiX, a new-generation technology for real-time consumer knowledge and targeting, has raised €1.25 million to step up its development. The platform analyzes on the fly billions of daily digital touchpoints to instantly determine the current mindset of each consumer. Consequently, brands can select and target the most relevant “life moments” of all individuals. Firmly anchored in the marketing and programmatic worlds, this solution is delivered across the entire media eco-system: brands, agencies, trading desks, data providers and publishers.

IDENTIFYING THE CONSUMER MINDSET TO TARGET THEIR “LIFE MOMENTS”
Luc Tran-Thang and Eric Janvier, two recognized experts in the media, digital and marketing industry, have developed a media approach based on real time understanding of the mindset of each consumer.

By combining the stat..

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PE-backed Umbel buys Lodestone

Published on June 17, 2016

Fan analytics platform Umbel has acquired Lodestone, a provider of multichannel consumer engagement. No financial terms were disclosed. Umbel’s backers include Cielo Private Equity.

PRESS RELEASE

AUSTIN, Texas, June 16, 2016 /PRNewswire/ — Umbel, a leading data software company, has acquired Lodestone, a multi-channel fan engagement company. With the acquisition of Lodestone, Umbel now offers over 70 different ways for brands to engage with their customers and fans, in mobile apps, in-venue, on-air, online and via social media. The news follows Umbel’s $20M Series B round led by Cielo Private Equity late last year.

“Marketers today are constantly trying to better meet the needs of a consumer. The ability to launch different campaigns quickly and have them tied to a purposeful data capturing mechanism adds tremendous value to the Umbel experience for marketing decision makers,” said Mark Drosos, Head of Sales and Customer Success at Lodestone.

“In marrying our two technologies, we c..

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Edtech company Flocabulary raises $1.5 mln from Rethink

Published on June 17, 2016

New York-based Flocabulary, a maker of educational hip-hop music videos, announced it has raised $1.5 million in convertible debt from Rethink Education, a White Plains, New York-based venture firm that specializes in education investments. Flocabulary, which was founded in 2004, was previously self-financed.

Source: Press release

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Rescale raises $14 mln in Series A led by TransLink Capital

Published on June 17, 2016

TransLink Capital led a $14 million Series A funding round in Rescale, a cloud platform provider of high performance computing software. Microsoft Ventures, Jump Capital, ITOCHU Technology Ventures, Two Roads Group and Data Collective also participated.

Source: Press release

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