Comment on On-Ramp Wireless Ramps Up Funds for Smart Grid by Fred

WiFi? Looks like 802.15.4 according to their website. But their high link budget trickery is costing them data rate... It's 1/4 as fast as ZigBee/15.4.

Comment on On-Ramp Wireless Ramps Up Funds for Smart Grid by Fred

Backlink: http://gigaom.com/cleantech/on-ramp-wireless-ramps-up-funds-for-smart-grid/#comment-634634

Accel Plans To Raise $2B In New Funds This Year

Leading VC firm Accel Partners is trying to raise four new funds with a value of $2 billion this year, according to a report in the Wall Street Journal. Two of the funds will focus on growth companies and early-stage ventures, and two on China.

Accel has big investments in Facebook and Groupon, both of which are expected to have huge IPOs within the next 18 months, and has had some big sales of portfolio companies, including AdMob to Google for $750 million in 2009 and Diapers.com to Amazon for $545 million last December.

This track record should give Accel a shot at raising the huge new funds at a time when many big institutional investors are pulling back from Internet investments.

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Accel Plans To Raise $2B In New Funds This Year

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/utD6G48bglw/accel-plans-to-raise-2b-in-new-funds-this-year-2011-2

Formspring Got $10 Million in New Funds, RedPoint VC Leads

Earlier this year Formspring, a San Francisco-based social Q&A; startup got tongues wagging when it raised $2.5 million in its Series A funding mostly from top angel investors. The round led by Freestyle Capital turned out to be a coming out party for angel investors who have become a big factor in Silicon Valley’s ecosystem.