Foundation Capital News

SunRun , a company that offers solar-electricity financing, announced Tuesday that it has raised $12 million from Foundation Capital.

Sun Run Generation LLC announced Tuesday it raised its first round of venture-capital financing.

Salt Lake City-based Control4 disclosed a $20M investment round in the firm, a company spokesperson confirmed with Techrockies today.

For years, various companies have emerged to try to give you the nirvana of centralized control of all your devices in your home.

"Going green" is becoming commonplace in the corporate world. Paul Holland, general partner at Foundation Capital, explains LEED, the metrics used to certify the "green-ness" of a construction project.

“Adding Mike Cullinane as our CFO, and having both Warren Weiss and Cameron Lester join our board, makes it almost unfair to our competition. We now have the products, the team and the financial resources we need to succeed.”

With 700 customers already on board, SilkRoad technology is embarking on a major expansion effort that will be powered by $54 million in new venture funding. via Local Tech Wire

SilkRoad technology , a startup that delivers software-as-a-service to help companies manage their employees, has closed a $54 million road of equity capital. via VentureBeat

While there have been reports of some venture firms having difficulty raising new funds, top firms seem to still be getting money with ease. via The Industry Standard

Software Rearden Commerce Rearden Commerce Inc. of Foster City, Calif., has completed a $100 million to advance sales of its Web-based personal assistant used by CFOs to manage spending on business services. via Tech Confidential Blog

Altor Networks, a 14-month-old start-up backed by $6 million in funding from Accel Partners and Foundation Capital, says the kind of security used on physical machines flat-out doesn't work in the virtual world ... via WEBSPHERE Journal

“We invested in Biz360 because we believe strongly in the company's vision, its management and employees”

Biz360 Inc., the leading provider of media and market intelligence solutions, announced the closing of a $10 million round of financing. via Venture Capital Access Online

“Closing a round of this magnitude in today's tumultuous economic environment is a tremendous validation of Rearden Commerce's business model, our market momentum and the quality of our people and technology”

Rearden Commerce, Inc., creator of the first web-based personal assistant and a leading choice of CFO's for managing spending on business services, today announced that it has secured $100 million in funding ... via Venture Capital Access Online

Network security company Altor Networks raised $6 million in venture funding. The Redwood City company got the money from Accel Partners and Foundation Capital . via San Francisco Business Times

As data centers and IT departments shift more resources into virtualization, splitting a single server into multiple nodes , security problems and side effects from existing security software are beginning to ... via VentureBeat

“Securing virtual machines is as important as the operational benefits many organizations are enjoying by virtualizing their data centers”

Altor Networks, pioneering a new class of virtual network security solutions, today announced it has secured a $6 million second round of financing led by Accel Partners and Foundation Capital. via Venture Capital Access Online

“We believe Altor Networks has a unique and highly differentiated approach to delivering security best practices for virtualized data centers which represents a huge global market opportunity.”

Appcelerator ICEsoft Kaazing Nexaweb Sun KEYNOTES: Virtualization News Desk Apr. via COLDFUSION Developer's Journal

Smart-grid company Silver Spring Networks has raised $17.4 million, the latest in a string of investments in the sector. via CNET News.com

The fourth company to get funding for so-called "smart grid" technology in the space of a month, Silver Spring Networks is a Redwood City, Calif. via VentureBeat

A few people are wringing their hands at news that Foundation Capital has raised a $750mm fund, using it as an excuse to wax despairingly about the disappearance of early-stage investors from the market. via Paul Kedrosky's Infectious Greed

SiBEAM , a company developing technology to stream high definition video more quickly than any existing technology, has raised $40 million in third round of funding. via VentureBeat