SolarBridge Technologies Receives $19,000,000 Series C Round

  • Feed Type
  • Date
    6/21/2011
  • Company Name
    SolarBridge Technologies
  • Mailing Address
    9229 Waterford Centre Blvd. Austin, TX 78758
  • Company Description
    SmartSpark Energy Systems is a power electronics company, specializing in the development of products that support the efficient transformation and storage of energy used in renewable technologies. SmartSpark’s goal is to facilitate the mainstream adoption of green technologies, including electric and hybrid vehicles, advanced batteries, solar panels and fuel cells, by providing products that make these technologies safer, more efficient, and longer lasting.
  • Website
    http://www.solarbridgetech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The funds, raised from current investors as well as new financial and strategic investors, will be used to ramp up production capacity, expand sales support and logistics organizations and scale up research and development teams
  • M&A Terms
  • Venture Investor
    Rho Ventures
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Texas Emerging Technology Fund

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