Congratulations to Natera on Completing $54.6 Million Financing to Support Expansion

Ted Driscoll

Congratulations to Claremont Creek portfolio company Natera on closing a $54.6 million financing round. Given Claremont Creek Venture’s involvement since the company’s earliest round of financing, we know Natera is on its way to dominating the market for noninvasive, prenatal genetic testing. The financing is just the latest recent milestone for the company. In February it announced a major agreement with Quest Diagnostics, the world’s leading diagnostic information . . .
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Claremont Creek Ventures portfolio company Clean Power Finance in the news

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click to see full-size image

Click here to read the article, and here to visit the Clean Power Finance website.

Me-too, In-Fashion Investing Fueling A Social Media Bubble

John Steuart

I was struck recently by a piece in The Wall Street Journal by Pui-Wing TamThe $1 Billion Club Gets Crowded, which highlights the amusing rate at which closely held, private US companies in the social media sector are garnering $1 billion-plus valuations. With 20 companies already fetching a 10-figure price tag— 15 of them since the beginning of last year— the bubble has swelled quickly. Even during the dot-com boom of the 1990’s, just . . .
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Our portfolio company Clean Power Finance is on a tear

Nat Goldhaber
http://youtu.be/T2dwiz5h8nk

Our portfolio company Clean Power Finance is on a tear. Recently they partnered with Morgan Stanley subsidiary MS Solar Solutions Corp to help fund up to $300 million in residential solar leases. This illustrates that consumers are increasingly demanding low-risk, high-reward solar – and participating solar installers can easily provide their customers with a variety of lease options. . . .
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ecoATM attracts $17 million in second round of investments

ecoATM brand logo

 

May 1st ecoATM announced they had raised an additional $17 million in a second round. Current investors Claremont Creek Ventures, Coinstar, Inc. and TAO Ventures all increased their investments while new investors joined the syndicate. New investors include PI Holdings, Moore Venture Partners, AKS Capital and Singapore billionaire Koh Boon Hwee.

The announcement generated a lot of interest and was well covered in both the financial and hi-tech . . .
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Claremont Creek Ventures portfolio company ecoATM attracts $17 million in second round of investments

Randy Hawks

 Congratulations to our portfolio company ecoATM, the award-winning San Diego start-up known for its commitment to the environment and its innovative kiosks that automate the buy-back of used mobile phones and other used portable electronics directly from consumers.

It is closing its series B investment round today of approximately $17 million. Claremont Creek Ventures, Coinstar, Inc. and TAO Ventures all increased their investments while new investors joined the syndicate.

ecoATM is expanding . . .
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Adura announces a Series B of $8.5M and adds Kaiser Center garage—Oakland marquee building as a customer.

adura technologies

April 25, 2012 source: Adura Technologies press release

ADURA GROWTH REPRESENTS A 273 percent jump in revenue in 2011 over 2010

Adura Technologies, one of our energy technology portfolio companies and a leading provider of wireless lighting controls and energy management systems, today announced that they added the 500,000 square foot Kaiser Center Garage, one of the largest privately-owned garages in Oakland, to the list of facilities . . .
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Claremont Creek Ventures portfolio company Clean Power Finance selected as 2012 New Energy Pioneer

Nat Goldhaber

March 19, 2012  source: Bloomberg Businessweek

Today Bloomberg New Energy Finance announced that our portfolio company, Clean Power Finance, is a 2012 New Energy Pioneer! It was selected as one of ten out of hundreds of applications from around the world. Clean Power Finance is driving the mass-market adoption of residential solar by building an online business-to-business marketplace to connect the solar industry with capital markets. For solar marketers, installers and distributors, it . . .
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“Be better, faster and cheaper and if I don’t get cheaper, I don’t invest!”

John Steuart

On February 22, I had the pleasure of speaking with Douglas Crawford, the associate director of QB3 the California Institute for Quantitative Biosciences in Berkeley –. It was quite exciting to be the first guest on their new podcast, QB3 Bio Entrepreneurship. During our lively hour discussion, I had the opportunity to share my thoughts on the current state of venture capital, my strategies for investing (see the title!), and how entrepreneurs can better . . .
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Entrepreneur’s Perspective, part two: : Frank Richards, serial entrepreneur and former CEO of SmartZIP: The Building of a Company

Frank Richards

Guest Post by Frank Richards The Building of a Company As an avid fan and investor in real estate I identified a significant gap in the residential investment market around 2004. I noted that 15-20% of all homes sold in the US are for investment. But I also discovered that there were no national platforms or proprietary algorithms that could help people identify the best investment markets and the best properties. Essentially there was no Charles Schwab for the residential investment market. I realized there was a great opportunity for a private banking platform to help people research, plan, acquire and manage residential real estate investments nationwide. . . .
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