Xconomy San Diego

Miles Electric Vehicles Receives $13,000,000 Series B Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43ee284f-b09d-4c04-972c-b9359c2a90b8&Preview=1
Date
11/5/2008
Company Name
Miles Electric Vehicles
Mailing Address
3100 Airport Avenue Santa Monica, CA 90405
Company Description
Miles Electric Vehicles is dedicated to changing the world one car at a time by building safe, comfortable and affordable all electric cars and trucks that make it easy for individuals and fleets to make a difference. All MILES vehicles conform to U.S. NHTSA standards and are manufactured with safety and ease of use as prime considerations.
Website
http://www.milesev.com
Transaction Type
Venture Equity
Transaction Amount
$13,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Angeleno Group, LLC