Enverv Garners $15,400,000 Series C Funding Round
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- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e0f362e-b68b-4434-91f0-fcd8a0e37d5a - Date
3/25/2014 - Company Name
Enverv - Mailing Address
680 N McCarthy Blvd. San Jose, CA 95035 USA - Company Description
Enverv’s vision is to provide power line communications solutions to smart meters toward ubiquitous Smart Grid Networks. We believe that every node in the network needs to be connected reliably and with enough robust bit rate to account for today’s, albeit limited, applications and tomorrow’s feature rich ones. - Website
http://www.enverv.com - Transaction Type
Venture Equity - Transaction Amount
$15,400,000 - Transaction Round
Series C - Proceeds Purposes
We intend to utilize this capital to support the production ramps, expand our customer base, and also continue the development of new product families in wired and wireless communications as well as metering market segments. - M&A Terms
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