Silver Spring Networks Obtains $100,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09700e3e-e0df-461e-80a0-e38949f28a94&Preview=1 -
Date
12/15/2009 -
Company Name
Silver Spring Networks -
Mailing Address
555 Broadway Street Redwood City, CA 94063 -
Company Description
At Silver Spring Networks, we develop intelligent, IP-based networking products that allow utilities to dramatically improve efficiency, provide their customers with insight and control, and ensure the reliable delivery of low-cost services. -
Website
http://www.silverspringnetworks.com -
Transaction Type
Venture Equity -
Transaction Amount
$100,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Silver Spring plans to use the money it has raised for expansion of its global footprint and development of new products in upcoming sectors such as plug-in hybrids or electric vehicles. -
M&A Terms
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Venture Investor
Google Ventures -
Venture Investor
Foundation Capital -
Venture Investor
Kleiner Perkins Caufield & Byers -
Venture Investor
Northgate Capital
