OVP Re-ups with Tigo Energy

Gregory T. Huang5/26/09

Kirkland, WA-based OVP Venture Partners has participated in a $10 million second round of financing for Los Gatos, CA-based Tigo Energy, a solar-power efficiency company. Israel Cleantech Ventures (ICV) led the round, and was joined by existing investors OVP, Matrix Partners, and Clal Energy. Founded in 2007, Tigo previously raised $6 million in first-round funding in May of last year.

Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.