GreenRay Lands $2,000,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eebd97bc-13f9-4b64-b9ab-5d2f424bb9af&Preview=1 -
Date
7/15/2009 -
Company Name
GreenRay -
Mailing Address
7 Littleton Road Westford, MA 01886 -
Company Description
GreenRay is developing a solar appliance for residential homes. While today’s PV systems use discrete components and require specialized expertise to design and install, our plug and play system is fully integrated. The modular AC solar panel units plug together and snap into a specially-designed roof mount. By reducing design and installation time, we make solar more accessible and simpler to install. Our patent-pending technology sets the new standard for residential solar electric systems. -
Website
http://www.greenraysolar.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Quercus Trust -
Venture Investor
21 Ventures
