Xtreme Power Joins the Transmission Hub Project

The startups that have teamed up to build a transmission hub to connect the U.S.’s three major grids are adding another startup player for energy storage. Tres Amigas has partnered with Xtreme Power, which provides groups of batteries for energy storage for the power grid.

Worlds of Email Marketing and Twitter Collide

In another sign of how Twitter and other social media tools are becoming intertwined with the world of traditional marketing and CRM, email marketer ExactTarget has acquired Twitter account management service CoTweet for an undisclosed sum. The two plan to create a “social media lab.”

What Do App Developers Think About Twitter’s Upcoming Changes?

twitter-bird1Retweeting, or copying and posting another person’s tweet on Twitter, has become so popular that the San Francisco-based micro-messaging startup plans to incorporate a formal retweet feature on its site and API, co-founder Biz Stone wrote in a blog post last week. Because the update is more fluid than the current cut-and-paste manual method, it will be easier for people to share content and could spur them to retweet more, making Twitter more of a discovery content platform. Though the feature won’t be available for a few more weeks, developers already have an idea of how it will impact Twitter-based applications and the site’s overall ecosystem — and despite some reservations, the consensus among them is that it’s a step in the right direction. Read More about What Do App Developers Think About Twitter’s Upcoming Changes?

CoTweet Pulls in $1.1M, Joins Club of Funded Twitter-Focused Startups

cotweetCoTweet, a Twitter application made with businesses in mind, announced today that it received $1.1 million in funding, joining a small — yet growing — group of Twitter-focused startups that have received investor financing. The investors behind CoTweet include Baseline Ventures, First Round Capital, Founders Fund, SV Angel, Maples Investments and Freestyle Capital.

CoTweet, which publicly launched in beta today, is a collaboration platform that lets multiple people at a company send tweets on up to six corporate Twitter accounts and keeps the messages in sync across all the accounts. The San Francisco-based upstart is the newest member in the small club of funded Twitter-focused startups, which altogether have been backed with quite a chunk of cash. Read More about CoTweet Pulls in $1.1M, Joins Club of Funded Twitter-Focused Startups