Jawbone, Stion, Houzz: Bay Area BizTech by the Numbers
Time for our data-driven roundup of the latest deals news from around the San Francisco Bay Area.
$17 to $18 billion—The approximate amount Yahoo could raise by selling off its stakes in China’s Alibaba and Yahoo Japan, according to reports today from Fortune and Dow Jones VentureWire. Yahoo’s board is reportedly considering the transactions this week.
$268 million—The price fetched by Sunnyvale, CA-based Web and mobile content delivery acceleration specialist Cotendo, which was just acquired by Cambridge, MA-based Akamai, the big operator of private content distribution networks. Xconomy’s Greg Huang reported on the story.
$130 million—New financing announced this week for San Jose-based Stion, a maker of thin-film photovoltaic materials. Avaco, a South Korean equipment supplier, and unnamed private equity funds in South Korea led the round.
$94 million—The amount Google has invested in a group of four photovoltaic installations being built outside Sacramento by Recurrent Energy, a San Francisco-based subsidiary of Japanese giant Sharp. KKR and Recurrent itself also invested in the projects.
$27 million—Total venture backing raised by Seeker Wireless, an Australian maker of geolocation software acquired this week by the Safely division of Emeryville, CA-based Location Labs. Financial terms of the acquisition weren’t disclosed, but Ina Fried of AllThingsD pegged the deal at “just over $1 million.”
$11.6 million—Series B funding for Houzz, a Palo Alto, CA-based startup whose website and mobile applications offer renovation design ideas and product leads to homeowners. Sequoia Capital led the round.
$6.5 million—Series B funding for San Francisco-based Keas, a provider of game-based wellness programs for large employers. Existing investors Atlas Venture and Ignition Partners led the round. Xconomy profiled Keas and its big 2010 pivot last month.
$5.33 million—Series B funding for Menlo Park, CA-based ScaleArc, a maker of software for managing the deployment of large databases. Trinity Ventures led the round, with existing investor Nexus Venture Partners joining in.
$1 million—Seed funding for Mygola, a San Francisco- and Bangalore-based startup that connects consumers planning trips with human guides who assemble information about flight options, hotels, and the like. Blumberg Ventures and 500 Startups led the investment.
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