$200 Million “ecomagination Challenge: Powering the Grid” Competition Announced by GE, Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers, and RockPort Capital

Earlier this month GE announced the ecomagination Challenge. This is a $200 million innovation competition launched in partnership with Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers, RockPort Capital, and Chris Anderson (Editor-in-Chief, Wired). The ecomagination Challenge seeks breakthrough ideas to create a smarter, cleaner, more efficient electric grid, and accelerate the adoption … Read more

Silver Spring Networks Obtains $75 Million; John Doerr and Al Gore Join Advisory Board

Silver Spring Networks, a Redwood City, California-based provider of Smart Grid technology solutions, announced ealier this week that it received a $75 million round of funding. This round, a portion of which has been reserved for strategic partners, was led by Kleiner Perkins Caufield & Byers (KPCB) Green Growth Fund and included returning investors Foundation … Read more