Silver Spring Networks Secures $12,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b42c2141-494b-4227-bce6-e3f5267c28fb&Preview=1 -
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
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Venture Investor
Foundation Capital
