Wednesday Deals Roundup: IndieGoGo, Project Frog, BlueArc

9/7/11Follow @wroush

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.”

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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