Silver Spring Networks Obtains $100,000,000 New Financing

  • Feed Type
  • 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
  • Venture Investor
    Google Ventures
  • Venture Investor
    Foundation Capital
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Northgate Capital

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