EnVerv Receives $12,000,000 Series B Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b934753a-f384-465f-a2b1-0332756d13fb&Preview=1 -
Date
12/20/2011 -
Company Name
EnVerv -
Mailing Address
680 N McCarthy Blvd San Jose, CA 95035 -
Company Description
EnVerv’s vision is to provide power line communications solutions to smart meters toward ubiquitous Smart Grid Networks. We believe that every node in the network needs to be connected reliably and with enough robust bit rate to account for today’s, albeit limited, applications and tomorrow’s feature rich ones. -
Website
http://www.enverv.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The proceeds will go toward further development and working capital. -
M&A Terms
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Venture Investor
Benchmark Capital -
Venture Investor
New Enterprise Associates -
Venture Investor
Walden International
