eMeter Lands $12,500,000 New Round

  • Feed Type
  • Date
    7/8/2010
  • Company Name
    eMeter
  • Mailing Address
    2215 Bridgepointe Parkway San Mateo, CA 94404
  • Company Description
    eMeter is a software products and implementation services company serving the utility market place. We understand that today’s utility is as much as a part of the information economy as it is the economy of power generation and delivery. It is information that drives capital expenditure, pricing, operations, and maintenance decisions.
  • Website
    http://www.emeter.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Given the exponential growth of the Smart Grid industry over the past year, eMeter will use the new funding to expand eMeter’s sales and marketing efforts in key markets, enhance services to current customers and continue investing in new products.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Foundation Capital
  • Venture Investor
    Northgate Capital

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