|By PR Newswire||
|February 13, 2013 06:01 AM EST||
ATLANTA, Feb. 13, 2013 /PRNewswire/ -- A little over a year after 10 cleantech companies were awarded their "Best in Class" distinctions at the 2011 Global Cleantech Cluster Association Later Stage Awards, the firms have collectively secured $462.24 million in funding and project contracts, with additional funding undisclosed. Most recently, Best in Energy Efficiency winner Albeo Technologies was acquired by GE Lighting for an undisclosed sum. In total, the winning companies secured $344.47 million in investment, growth equity, grants, and loans, with an additional $117.77 million in project and vendor contracts. Details on specific companies below. The GCCA is currently accepting nominations for its 2013 Later Stage Awards (deadline June 1, 2013).
"The success of these winners of the GCCA's annual Later Stage Award is indicative of the continued growth of clean technology and renewable energy markets around the world," said GCCA co-founder Shawn Lesser, also co-founder of Watershed Capital Group. "The fact that these companies are raising capital and securing projects bolsters the idea that cleantech cluster organizations are a serious factor in the health of the clean economy. They are our boots on the ground."
The 2011 Later Stage Awards were the inaugural year for the contest. It featured 185 nominations from 36 GCCA member clusters.
"As GCCA continues this annual contest, we anticipate much more success in the investment into these leading edge cleantech companies," said Ben Taube, GCCA Executive Chair. "The winners in 2011, and now 2012, are leading in cleantech innovation and GCCA is at the forefront of assisting the global deployment of these solutions."
The 2012 success of the 2011 winners is also a testament to the Keystone Compact™, the judging criteria the GCCA uses to narrow 100s of nominations down to a top 3 in each category. In use since 2006, the method was developed by GCCA Head Judge Dr. Peter Adriaens, Professor of Entrepreneurship and Strategy at the Ross School of Business, along with Dr. Tim Faley, Managing Director of the Zell-Lurie Institute for Entrepreneurial Studies both located at the University of Michigan.
The two stage Keystone method reviews company and market information, as well as financials to determine both the investabilty and potential market size of the nominations. The top 3 in each category, known as the year's Global Top 30, are submitted to the GCCA Judging Panel, a 28 of the world's leading cleantech venture capital and private equity investors and serial entrepreneurs. Votes from this group, who collectively manage over $3.5 billion in global clean technology investment, determine the final winners for each category.
"With our Later Stage Winners it's paramount we pick the companies who have the largest opportunity to grow large and influential," said GCCA Head Judge Dr. Adriaens. "The investment community is clear, they are looking to invest in growing companies. For the cleantech economy to expand into a major market force, we want to showcase the firms poised with the most significant growth and market impact."
Success Detail for GCCA 2011 Later Sage Award Winners
- Acquisition by GE Lighting (amount undisclosed)
- $8 million in growth equity from Braemer Energy Ventures
- €25 million of capital injection and share purchase by RUSNANO
- £75m project for 16.5MW biomass project CHP at the NEC, Birmingham, England
- Undisclosed investment from Carbon Trust managed Northwest Fund as well as London based EIDC
- €100 million acquisition by UK-based private-equity firm Clyde Blowers
- $77 million of equity financing
- Ireland's first tidal energy farm to be developed by Bord Gais
- €130m investment by DCNS to take controlling stake in OpenHydro
- Global licensing and development partnership with global energy storage leader EnerSys
- Three-party agreement with China City Construction Corporation (CCCC) and Huainan City to create the world's first commercial scale Nickel-Zinc (NiZn) battery manufacturing center.
- $.3 million investment from the New York State Energy Research and Development Authority (NYSERDA) to develop energy recovery product designs for wastewater treatment plants.
- €3 million investment round for the development of the next generation of light weight electric vehicles
- $ 0.4M. Grant
- Recently received a permit from Israeli water company Mekorot to build their first facility near the city of Netivot.
About the Global Cleantech Cluster Association
Global Cleantech is a non-profit association, headquartered in Atlanta, Georgia, U.S. that creates conduits for companies to harness the tremendous benefits of international cleantech cluster collaboration in an efficient, affordable, and structured way. Global Cleantech provides a gateway for established and emerging cleantech companies to gain exposure to potential investors, new markets, influential networks, innovative technologies and best practices. GCCA was founded by the Finnish Cleantech Cluster, Skipso, swisscleantech, Technica Communications and Watershed Capital Group. For more information about Global Cleantech, please visit www.globalcleantech.org.
SOURCE Global Cleantech Cluster Association (GCCA)
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 04:09 PM EDT
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Jul. 1, 2015 02:30 PM EDT Reads: 1,150
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
Jul. 1, 2015 01:15 PM EDT Reads: 2,136
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 12:54 PM EDT Reads: 471
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Jul. 1, 2015 12:15 PM EDT Reads: 2,036
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare...
Jul. 1, 2015 11:30 AM EDT Reads: 743
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
Jul. 1, 2015 11:30 AM EDT Reads: 2,229
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achi...
Jul. 1, 2015 11:10 AM EDT Reads: 564
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
Jul. 1, 2015 10:30 AM EDT Reads: 2,115
Malicious agents are moving faster than the speed of business. Even more worrisome, most companies are relying on legacy approaches to security that are no longer capable of meeting current threats. In the modern cloud, threat diversity is rapidly expanding, necessitating more sophisticated security protocols than those used in the past or in desktop environments. Yet companies are falling for cloud security myths that were truths at one time but have evolved out of existence.
Jul. 1, 2015 09:15 AM EDT Reads: 2,136
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, will explore the IoT cloud-based platform technologies drivi...
Jul. 1, 2015 08:00 AM EDT Reads: 882
Public Cloud IaaS started its life in the developer and startup communities and has grown rapidly to a $20B+ industry, but it still pales in comparison to how much is spent worldwide on IT: $3.6 trillion. In fact, there are 8.6 million data centers worldwide, the reality is many small and medium sized business have server closets and colocation footprints filled with servers and storage gear. While on-premise environment virtualization may have peaked at 75%, the Public Cloud has lagged in adop...
Jun. 29, 2015 03:00 PM EDT Reads: 2,343
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
Jun. 29, 2015 12:15 PM EDT Reads: 2,683
Even as cloud and managed services grow increasingly central to business strategy and performance, challenges remain. The biggest sticking point for companies seeking to capitalize on the cloud is data security. Keeping data safe is an issue in any computing environment, and it has been a focus since the earliest days of the cloud revolution. Understandably so: a lot can go wrong when you allow valuable information to live outside the firewall. Recent revelations about government snooping, along...
Jun. 29, 2015 12:00 PM EDT Reads: 2,190
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will addresses this very serious issue o...
Jun. 29, 2015 09:45 AM EDT Reads: 2,532
The web app is Agile. The REST API is Agile. The testing and planning are Agile. But alas, Data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes which force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software orga...
Jun. 28, 2015 04:00 PM EDT Reads: 2,115
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud busin...
Jun. 28, 2015 11:00 AM EDT Reads: 2,231
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
Jun. 27, 2015 04:00 PM EDT Reads: 2,179
Announcing @SoftLayer "Gold Sponsor" of @CloudExpo Silicon Valley | #IoT #API #DevOps #Microservices
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to globa...
Jun. 26, 2015 05:00 PM EDT Reads: 2,023
Announcing @Kintone_Global "Bronze Sponsor" of @CloudExpo Silicon Valley | #IoT #API #DevOps #Microservices
SYS-CON Events announced today that kintone has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. kintone promotes cloud-based workgroup productivity, transparency and profitability with a seamless collaboration space, build your own business application (BYOA) platform, and workflow automation system.
Jun. 26, 2015 04:00 PM EDT Reads: 1,921