Boston-Power, Inc. Obtains $55,000,000 Series D Funding
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Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca4eeefc-d836-476d-a1ea-c01e37e43ef5&Preview=1 -
Date
1/14/2009 -
Company Name
Boston-Power, Inc. -
Mailing Address
2200 West Park Drive Westborough, MA 01581 -
Company Description
Boston-Power, Inc. ™ is an emerging portable power company answering the call for safer, longer lasting Lithium-ion batteries – today. -
Website
http://www.boston-power.com -
Transaction Type
Venture Equity -
Transaction Amount
$55,000,000 -
Transaction Round
Series D -
Proceeds Purposes
Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries. -
M&A Terms
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Venture Investor
Oak Investment Partners -
Venture Investor
Venrock -
Venture Investor
GGV Capital -
Venture Investor
Gabriel Venture Partners -
Venture Investor
Undisclosed
