Raytheon bets big in cybersecurity with a novel investment approach, putting money into a JV and combining multiple acquisitions, this time with Websense. While, at the same time General Dynamics and others are divesting of their past cyber acquisitions. It will be interesting to see how this plays out. More here: Raytheon makes Read more about Who’s Confused? Raytheon Makes $1.9B Cyber Statement[…]
Energy Storage Systems continues their forward progress, landing additional finance. Their cutting edge energy storage technology represents a step function in reducing cost, improving sustainability, and offering scaleability for commercial/industrial and grid scale energy storage. Portland energy startup lands $250k from Wells Fargo incubator – Portland Business Journal.
Investments in grid edge technologies and products back on the rise, with energy storage on fire. Grid-Edge Investments Total $1.3 Billion in 2014 : Greentech Media.
Big news in the local clean tech sector – Powin Energy lands significant investment to further their success in stored energy solutions. Clean tech firm Powin secures $25M to develop battery technology – Portland Business Journal.
I don’t see many graphs that have Oregon ahead of Washington, let’s take this industry cluster and build on it! Looking for a Place to Locate Your Clean Energy Startup? These Are the Best States : Greentech Media.
Yet another entree into the IoT fray, and another great way for startups to secure the funding they need, so long as they can articulate a tie-in with the strategic objectives of Cisco. Cisco Drops $150M In Investment Funding For Internet Of Things Startups – Small Business Technology News – Entrepreneur News – Entrepreneur Resources.
The west coast appears to be moving towards cap and trade legislation as a means to build in the cost of CO2 pollution into our energy production prices. This has the potential to more quickly level the playing field for innovative renewable energy, energy efficiency technologies, and smart grid technologies. California has been Read more about Cap and Trade in the NW. Key Economic Driver for Smart Grid?[…]
We’re pleased to share that Software Diligence Services client PerceivIt, has made it into the semi-final round at Angel Oregon 2014. PerceivIt, a new start-up founded by Jonah Peskin, makes Internet-connected sensor solutions to add real-time field data to business software for increased operational insight & efficiency. This is an IoT play in SmartGrid/Energy Read more about SDS Client “PerceivIt” Advances to Semi-Finals at Angel Oregon[…]
A large gathering of industry executives in SF, where technology and the energy industries intersect with finance. If you’re here, drop me a note to catch up!