Wednesday Deals Roundup: IndieGoGo, Project Frog, BlueArc

That’s “deals” as in funding and M&A announcements, not as in daily deals. (Though there’s news today about Groupon as well.)

—Crowdfunding startup IndieGoGo of San Francisco said that it has raised $1.5 million in new funding. Metamorphic Ventures, MHS Capital, and Zynga co-founder Steve Schoettler led the round, which the company said will help it “enhance the online experience for customers worldwide, with a particular focus on making the site and its analytics more accessible to consumers, strategic partners and the media.” Xconomy profiled IndieGoGo in April.

Project Frog, a San Francisco-based maker of energy-saving prefabricated buildings, said today (PDF) that it has raised $22 million in a round of equity-based financing led by General Electric Energy Financial Services. Claremont Creek Ventures, Greener Capital Partners, and RockPort Capital Partners also joined the round. One of Project Frog’s buildings—which combine semi-custom components with pre-engineered kits—is under construction at GE’s John F. Welch Leadership Development Center in Ossining, NY; the GE investment is part of its Ecomagination Challenge, announced last summer.

BlueArc, the San Jose, CA-based maker of networked storage devices for unstructured data such as video and genomic information, has been acquired by Santa Clara, CA-based Hitachi Data Systems, according to an announcement today. The value of the all-cash transaction was not disclosed. Hitachi Data Systems, a California subsidiary of Tokyo-based Hitachi, says the acquisition is part of its strategy to “transform traditional data centers into information centers—where customers can seamlessly store and access all data, content and information.”

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/