SunRun Lands $18,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02a51bb4-97b9-4366-99b7-faa4330564e9&Preview=1 -
Date
7/28/2009 -
Company Name
SunRun -
Mailing Address
717 Market Street San Francisco, CA 94103 -
Company Description
SunRun is the nation’s first residential solar electricity provider. Pioneering “solar as a service,” SunRun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners lock in an electricity rate that is lower than utility rates and never increases. -
Website
http://www.sunrunhome.com -
Transaction Type
Venture Equity -
Transaction Amount
$18,000,000 -
Transaction Round
Series B -
Proceeds Purposes
SunRun plans to use the funding to meet strong demand for its popular residential solar service, expand into new markets and build on the Company’s recent successes. -
M&A Terms
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Venture Investor
Accel Partners -
Venture Investor
Foundation Capital
