Stem Secures $15,000,000 Series B Financing Round

  • Feed Type
  • Date
    12/2/2013
  • Company Name
    Stem
  • Mailing Address
    100 Rollins Road Millbrae, CA 94030
  • Company Description
    Stem, an energy solutions company, provides intelligent energy solutions to small-medium sized companies. It offers energy storage and data solutions that allow organizations to store energy when they are not using it, and provide power when they need it.
  • Website
    http://www.stem.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With its new funds, Stem will have the opportunity to increase energy storage production to meet this untapped and rapidly growing market, expand its offerings to new customers and accelerate sales.
  • M&A Terms
  • Venture Investor
    Iberdrola Group
  • Venture Investor
    GE Ventures
  • Venture Investor
    Angeleno Group

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