GreenWave Reality Secures $11,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=253c2cf3-9591-4460-a56e-577393f08246&Preview=1 -
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
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Venture Investor
Craton Equity Partners -
Venture Investor
Undisclosed
