News Archive
29 June 2009
Press Release
Staffordshire and GreenRoad Recognised for Programme to Reduce Crashes
London, UK, June 29, 2009 -- An innovative programme adopted by Staffordshire County Council’s Road Safety team in partnership with GreenRoad Technologies Ltd has scooped yet another national award. Staffordshire County Council and GreenRoad Technologies fought off stiff c..
15 June 2009
Press Release
REDWOOD SHORES, Calif. – June 15, 2009 – GreenRoad, a global pioneer in improving driving behavior, announced that it has been named the winner in the San Francisco Business Times’ Green Business Awards, in the transportation category. The company received the award at an awards reception held at the Hilton San Francisco, June 11...
09 June 2009
Financial Times
Maija Palmer
Wonga.com , the online loans company, has secured $22.25m (£13.9m) of new finance in a deal led by Accel Partners and Greylock Partners. It is one of the biggest private equity funding rounds in Europe this year, exceeding the $17m raised by Seatwave this month.Wonga's original private equity backers, Balderton Capital, also put further cash ..
08 June 2009
Press Release
Wonga.com secures $22m financing roundInnovative online lender poised for continued growthLondon – 8 June 2009 - Wonga.com, the leading online provider of short-term cash advances, today announced the completion of a major new round of funding led by Accel Partners and Greylock Partners.The $22.25m round was also supported by existing investo..
28 May 2009
Venture Beat
Camille Ricketts
GreenRoad, maker of equipment and software that reinforces safe driving habits, has brought in $15 million in a fourth round of funding to build its customer base and attract partnerships with technology and insurance companies. DAG Ventures led the round, which also included Amadeus Capital, Balderton Capital, Benchmark Capital and Virgin Green Fu..
24 May 2009
Financial Times
Maija Palmer
Wonga.com, a UK internet loans company, is seeing its business boom in the downturn. With banks reluctant to lend and credit card interest rates rising, thousands of people are coming to the start-up website each month for short-term loans.The company expects to have made more than 100,000 loans by the beginning of next month. Although the loan siz..
22 May 2009
Press Release
GreenRoad Wins Fleet World Honours Award Second Year in a Row GreenRoad is Recognised for Improving Driver Safety and Fuel Economy
London - May 22, 2009 - GreenRoad, a global pioneer in improving driving behavior, today announced that it has won the Technology Award in the 2009 Fleet World Honours. The trophy was presented at a special ceremony hel..
19 May 2009
The Guardian
Greg Wood
A newly published history of Betfair serves as a reminder of the fundamental change the exchange has brought to bettting. We live in an age when sports stars who are barely old enough to vote can publish books subtitled My Life: The Full Story, which inevitably consist of five per cent meat and 95% filler. Quite a contrast, then, with Colin Cameron..
18 May 2009
The Economist
DESTRUCTIVE? Absolutely. But will the financial crisis also be creative? When incumbents disappear and established business models no longer work, that is usually good news for up-and-comers. The massive disruption in banking has members of the industry’s fringe rubbing their hands. They include:
Advisory boutiques. “Like gnats” i..
15 May 2009
Dow Jones
Kerry E. Grace
Yingli Green Energy Holding Co. (YGE) entered a three-year agreement with AES Solar to be the exclusive supplier of a type of photovoltaic cells to the solar power company.The news recently sent American Depositary Shares of Yingli up 8.4% to $8.76 in premarket trading. AES Corp. (AES), a parent of AES Solar, closed Thursday at $9.15 a share and wa..
14 May 2009
Xconomy
Wade Roush
Dinner party conversations with Celia Francis don’t go down the usual paths. “When people ask ‘What do you do?” she says, “I have to say ‘I sell animated ferrets.’”
Francis is the Harvard- and MIT-educated founding CEO of WeeWorld, a transatlantic virtual goods company with its U.S. headquarters in Co..
04 May 2009
Venture Beat
Dean Takahashi
Big Fish Games has acquired game development studio Grubby Games as it makes its first big spend from the whopping $83.3 million war chest it raised last year September to fuel expansion. Terms of the acquisition were not disclosed, but the Big Fish Games blog notes that Grubby Games co-founder Ryan Clark will run the company’s Vancouver offi..
23 April 2009
MCV
Christopher Dring
British publisher confirms fully licensed 2009 and 2010 titles for Wii, PSP, PC, PlayStation 3 and Xbox 360F1 World Champion Lewis Hamilton will make his video game debut this autumn, MCV can reveal.
Codemasters will launch F1 2009 for PSP and Wii this year, which will feature official tracks, cars, teams and drivers, including Fernando Alonso, Seb..
22 April 2009
Mirror.co.uk
Erica Crompton
Masters of undies, Figleaves.com, have just launched a collection of womenswear in a step to expand their empire and grow into a lifestyle brand.
This season sees a collection of whimsical chiffons, pictured above, as well as brands Citizens of Humanity, Hudson, Splendid and American Vintage to make Figleaves.com a real fashion destination.
Persona..
16 April 2009
Reuters
Nichola Groom
*Yingli secures additional financing to expand business*Chinese bank to provide 1 billion yuan credit line
LOS ANGELES, April 16 (Reuters) - Chinese solar power company Yingli Green Energy Holding Co Ltd (YGE.N) said on Thursday that it secured additional financing that would allow it to expand its business.
In a statement, Yingli said it would dra..
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