Boston-Power Garners $60,000,000 Series E Financing Round

  • Feed Type
  • Date
    6/25/2010
  • Company Name
    Boston-Power
  • Mailing Address
    2200 West Park Drive Westborough, MA 01581-3961
  • Company Description
    Boston-Power, Inc. ™ is an emerging portable power company answering the call for safer, longer lasting Lithium-ion batteries – today.
  • Website
    http://www.boston-power.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $60,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    The company says the money will be used to expand into international markets, ramp up production of its battery technologies, and strengthen its sales, marketing, operations, and engineering team, especially in the Boston area.
  • M&A Terms
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    Foundation Asset Management
  • Venture Investor
    Gabriel Venture Partners
  • Venture Investor
    Venrock

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