Intellihot Green Technologies Receives Series A Funding

  • Feed Type
  • Date
    10/4/2012
  • Company Name
    Intellihot Green Technologies
  • Mailing Address
    2900 W. Main Street Galesburg, IL 61401
  • Company Description
    Intellihot Green Technologies Inc. manufactures tankless water heater systems for residential and commercial applications. The system developed after several years of extensive research and development has been recognized for its innovative design and has several patents pending. The company traces its humble beginnings to winter of 2005 when a traditional water heater broke down and flooded the basement of the founder.
  • Website
    http://www.intellihot.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Cornerstone Angels

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