Trilliant Lands $40,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4c9be84-b1b3-46d3-9d4e-209d9f87748d&Preview=1 -
Date
8/20/2008 -
Company Name
Trilliant -
Mailing Address
1100 Island Drive Redwood City, CA 94065 -
Company Description
Trilliant offers a combination of hardware, software and services that serve as the nervous system of the Smart Grid. -
Website
http://www.trilliantinc.com -
Transaction Type
Venture Equity -
Transaction Amount
$40,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The proceeds from the financing, which was led by MissionPoint, will be used to accelerate Trilliant’s continued growth and market expansion globally. This investment represents one of the largest investments to date in an independent Smart Grid technology provider, reflecting Trilliant’s position as a leading provider of Smart Grid communication infrastructure that enables major improvements in energy efficiency and grid reliability, while giving utilities the ability to provide new services and empower customer choice. -
M&A Terms
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Venture Investor
MissionPoint Capital Partners
