eMeter Lands $12,500,000 New Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b080e9c2-0f47-42bd-a5aa-85a171682420&Preview=1 -
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
