Sungevity Collects $15M More

Oakland, CA-based Sungevity, which aims to become the “Amazon of solar electricity” by making it easier for homeowners to install leased solar panels, announced today that it has extended its Series C funding round by $15 million, with existing investors Greener Capital and Firelake Capital in the lead. New investor Brightpath Capital Partners also pitched in. The new investment, which brings the company’s total venture funding to more than $25 million, will allow Sungevity to serve an “exploding market” for solar leases, “enabling more U.S. homeowners to get the benefits of solar without having to front the full costs of their systems,” said Sungevity board member George “Skip” Battle in a statement.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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