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Wednesday, July 26, 2006

Google-Watchers Watch Current

Wired News: "A small developer of broadband-over-power-line technology topped a venture capital funding report for the second quarter, sending tea leaves swirling yet again for Google-watchers.
Rochester, New York-based Current Communications raked in $130 million during the April-to-June period, according to a report from Ernst & Young and VentureOne released Monday.
The new capital came from General Electric; TXU, a Dallas-based energy company; Sensus Metering Systems, a provider of metering systems for utilities; and EarthLink, which has partnered with Google to build a Wi-Fi network for the search giant's hometown of Mountain View, California, and is working on the same for San Francisco."
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