Trilliant Lands $40,000,000 New Round

  • Feed Type
  • 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
  • Venture Investor
    MissionPoint Capital Partners

By posting a comment, you agree to our terms and conditions.