ISE Corporation Garners $17,500,000 Series D Funding

  • Feed Type
  • Date
    11/17/2008
  • Company Name
    ISE Corporation
  • Mailing Address
    12302 Kerran Street Poway, CA 92064-6884
  • Company Description
    ISE is a supplier of electric and hybrid-electric drive systems to major bus and truck manufacturers. ISE is also a motor vehicle manufacturer registered with the U.S. Department of Transportation (DOT), and possesses vehicle manufacturer and vehicle dealer licenses from the State of California. David M. Mazaika (President and CEO) and Michael C. Simon (Director) were the two principal founders of the Company.
  • Website
    http://www.isecorp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,500,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The funds will be used to continue ISE’s rapidly growing sales to the transit bus marketplace in the US and Europe and the expansion of the company’s prominent energy storage systems.
  • M&A Terms
  • Venture Investor
    Rockport Capital Partners
  • Venture Investor
    Rockport Capital Partners
  • Venture Investor
    NGP Energy Technology Partners
  • Venture Investor
    Siemens Venture Capital
  • Venture Investor
    Undisclosed

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