- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62d353ae-4c9b-4eed-950e-1d34edf3f459 - Date
4/19/2016 - Company Name
Geli - Mailing Address
657 Mission St. San Francisco, CA 94105 USA - Company Description
Geli, which stands for Growing Energy Labs, Inc., provides software and business solutions to design, connect, and operate energy storage and microgrid systems. Geli’s suite of products creates an ecosystem where project developers, OEMs, financiers, and project operators can deploy advanced energy projects using a seamless hardware-agnostic software platform. - Website
http://www.geli.net - Transaction Type
Venture Equity - Transaction Amount
$7,000,000 - Transaction Round
Series A - Proceeds Purposes
Dan Loflin, Geli’s president and COO, said the funding will allow the company to bring on more hardware vendors as partners, build its energy analytics and aggregation capabilities, and scale to keep pace with market demand. - M&A Terms
- Venture Investor
Shell Technology Ventures