Silver Spring Networks Secures $12,000,000 New Funding Round

  • Feed Type
  • Date
    9/18/2012
  • Company Name
    Silver Spring Networks
  • Mailing Address
    555 Broadway Street Redwood City, CA 94063
  • Company Description
    At Silver Spring Networks, we develop intelligent, IP-based networking products that allow utilities to dramatically improve efficiency, provide their customers with insight and control, and ensure the reliable delivery of smart grid, low-cost services.
  • Website
    http://www.silverspringnetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    We plan to use the net proceeds of this private placement for general corporate purposes, including working capital and potential acquisitions.
  • M&A Terms
  • Venture Investor
    Foundation Capital

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