Storage
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Box Acquires YC-Backed Streem
This morning Box, a cloud-based file-management service, announced that it has acquired Streem, a Y Combinator-backed company that allows customers to “stream” files to their desktop environments. Box declined to share terms of the agreement, but did note in an email that it bought the company using a blend of cash and stock. The four members of Streem will join Box.… Read More
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Ambri Raises $35 Million For A New Approach To Grid-Scale Power Storage
The use of renewable energy is growing in the U.S., but its adoption has put pressure on old, overtaxed power grids. The intermittency of wind and solar power means that transmission systems need to find a way to store the energy generated from renewables to provide predictable power for grid operators. Read More
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