PCN Technology Garners $5,250,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f95bf467-0bac-44ee-9fca-a73c1cfc3bda&Preview=1 -
Date
9/24/2012 -
Company Name
PCN Technology -
Mailing Address
16450 Via Esprillo San Diego, CA 92127 -
Company Description
PCN Technology, Inc. (PCN) designs, develops and markets advanced I/O subsystem components that leverage existing energy grids and systems of products, devices, machinery, and installations in order to communicate and network mission critical data. -
Website
http://www.pcntechnology.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,250,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The capital is being used for the hiring of additional human resources for customer project management, product marketing, strategic account management & technical applications support. -
M&A Terms
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Venture Investor
EnerTech Capital -
Venture Investor
Undisclosed
