Texas

Why Texas is the Smart Meter Market to Watch

When it comes to the future of smart meters, don’t look to California — set your eyes on Texas. The Lone Star State lags California in sheer numbers of meters deployed, but has taken a lead in supporting them with regulations and funding.

Video: DFJ Mercury on VC Investing in Flyover Country

The venture industry is contracting at the moment, with overall dollars going into venture capital funds shrinking by 57 percent in the second quarter from the year before. Amid this background DFJ Mercury, a Houston-based affiliate fund of Draper Fisher Jurvetson, raised a $70-million second fund.

Tut Tut Tut

Looks like change of scenery has not helped equipment maker Tut Systems even a little bit, as the company extends its losing…