Nexant Lands $43,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=76bdf237-95a6-4d09-a7cb-50887b8d10c8&Preview=1 -
Date
9/21/2010 -
Company Name
Nexant -
Mailing Address
101 2nd St. San Francisco, CA 94105 -
Company Description
Nexant is a provider of intelligent grid software and clean energy solutions—pioneering, developing, and advancing electric power grid and alternative energy technologies and services. -
Website
http://www.Nexant.com -
Transaction Type
Venture Equity -
Transaction Amount
$43,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
This new capital will enable us to develop and deploy our new platform, GridSmart, and multiple new applications like TrakSmart for the next-generation power grid. In addition, we will strengthen and expand our Chemsystems offerings worldwide. -
M&A Terms
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Venture Investor
Oak Investment Partners -
Venture Investor
Intel Capital -
Venture Investor
Telesoft Partners -
Venture Investor
Undisclosed
