SunRun Receives $55,000,000 Series C Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f21523f8-3df1-4999-b407-44620c541a92&Preview=1 - Date
6/29/2010 - Company Name
SunRun - Mailing Address
717 Market Street San Francisco, CA 94103 - Company Description
SunRun is the nation’s first residential solar electricity provider. Pioneering “solar as a service,” SunRun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners lock in an electricity rate that is lower than utility rates and never increases. - Website
http://www.sunrunhome.com - Transaction Type
Venture Equity - Transaction Amount
$55,000,000 - Transaction Round
Series C - Proceeds Purposes
This funding round follows an announcement by SunRun and PG&E Corporation earlier this month of a $100 million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. - M&A Terms
- Venture Investor
Sequoia Capital - Venture Investor
Accel Partners - Venture Investor
Foundation Capital
