GreenWave Reality Secures $11,000,000 New Funding Round

  • Feed Type
  • Date
    6/17/2010
  • Company Name
    GreenWave Reality
  • Mailing Address
    39 Parker Irvine, CA 92618
  • Company Description
    GreenWave Reality is a global innovator in the emerging Home Energy Management market. GreenWave Reality provides an affordable, easy-to-use, standards-based platform that allows utilities enhance their relationship with consumers and better balance energy on the grid while consumers can conserve energy with a minimal impact to their lifestyle by easily monitoring and controlling their appliances and adding intelligent LED lighting.
  • Website
    http://www.greenwavereality.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Recognizing that lighting can account for up to 20% of a home’s energy usage, by the end of this year GreenWave Reality will introduce a breakthrough intelligent LED lighting solution that extends the company’s core energy management platform.
  • M&A Terms
  • Venture Investor
    Craton Equity Partners
  • Venture Investor
    Undisclosed

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