eMeter Lands $32,000,000 New Funding

  • Feed Type
  • Date
    7/22/2009
  • Company Name
    eMeter
  • Mailing Address
    2215 Bridgepointe Parkway San Mateo, CA 94404
  • Company Description
    eMeter is a software products and implementation services company serving the utility market place. We understand that today’s utility is as much as a part of the information economy as it is the economy of power generation and delivery. It is information that drives capital expenditure, pricing, operations, and maintenance decisions.
  • Website
    http://www.emeter.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $32,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used to accelerate eMeter’s sales and marketing in new markets, enhance services to current customers and continue investing in new products.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Foundation Capital

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