Silver Spring Networks Obtains $100,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09700e3e-e0df-461e-80a0-e38949f28a94&Preview=1 - Date
12/15/2009 - Company Name
Silver Spring Networks - Mailing Address
555 Broadway Street Redwood City, CA 94063 - Company Description
At Silver Spring Networks, we develop intelligent, IP-based networking products that allow utilities to dramatically improve efficiency, provide their customers with insight and control, and ensure the reliable delivery of low-cost services. - Website
http://www.silverspringnetworks.com - Transaction Type
Venture Equity - Transaction Amount
$100,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Silver Spring plans to use the money it has raised for expansion of its global footprint and development of new products in upcoming sectors such as plug-in hybrids or electric vehicles. - M&A Terms
- Venture Investor
Google Ventures - Venture Investor
Foundation Capital - Venture Investor
Kleiner Perkins Caufield & Byers - Venture Investor
Northgate Capital
