Nexant Lands $43,000,000 New Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    Intel Capital
  • Venture Investor
    Telesoft Partners
  • Venture Investor
    Undisclosed

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