Zinc Matrix Power last week announced a $7mm round of financing. Existing investors Intel Capital also participated, alongside an unnamed "private equity" group which may or may not have been a new investor, it's unclear. OnPoint Technologies, which led the company's $9mm October 2004 prior round, didn't participate in this current round. Red Herring has a very good discussion of the company's technology and future plans.
ESS, which offers software for corporate EH&S departments, announced an $8mm round of financing, led by Grayhawk Venture Partners and DCA Capital Partners. Unnamed existing investors also participated. The company's software helps companies track compliance with environmental, healthy and safety regulations.
Rob Day is a Partner with Black Coral Capital, based in Boston. He has been a cleantech private equity investor since 2004, and acts or has served as a Director, Observer and advisory board member to multiple companies in the energy tech and related sectors. Rob was a co-founder of the Renewable Energy Business Network (www.rebn.org), a non-profit organization which was acquired in 2009 by the Clean Economy Network. The views expressed on this blog are those of Rob, not necessarily the views of any of his colleagues and affiliated organizations. Contact Rob at .(JavaScript must be enabled to view this email address).
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