Showing posts with label BlueRun Ventures. Show all posts
Showing posts with label BlueRun Ventures. Show all posts

Tuesday, July 3, 2007

The Good News for SunRocket....

..could be that its recent round of layoffs was a prelude to a new round of funding. SunRocket has raised approximately $20 million in additional venture capital from existing investors since early spring, bringing the company's total capital raised to date to about $100 million, the company says.

The company is likely to close the new funding round by August with a total of $30 million to $40 million in new venture capital, says Jonathan Ebinger of BlueRun Ventures, one of SunRocket's investors.

Like Texas, With AI "Everything is Bigger"

In many ways, vendor financing of artificial intelligence infrastructure is a bit like Texas: “everything’s bigger.” Nobody knows yet whethe...