SolarCity Obtains $81,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a401081-4d1e-42a8-ae26-2051a4c74aa7&Preview=1 -
Date
3/1/2012 -
Company Name
SolarCity -
Mailing Address
3055 Clearview Way San Mateo, CA 94402 -
Company Description
SolarCity matches advanced solar power technology with a suite of installation services. The company’s comprehensive offering removes the technical, regulatory, and financing barriers to solar power, helping customers make smart renewable energy choices that save money. -
Website
http://www.solarcity.com -
Transaction Type
Venture Equity -
Transaction Amount
$81,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new financing will fund SolarCity’s expansion of sales, marketing and operations, technology development and potential acquisitions. -
M&A Terms
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Venture Investor
Silver Lake -
Venture Investor
Valor Equity Partners -
Venture Investor
Shea Ventures
