Tech Company Financing Transactions
ReliOn Funding Round
On 4/28/2008, ReliOn raised $23 million in Series C funding from Chrysalis Ventures, Enterprise Partners Venture Capital and Montlake Capital.
Transaction Overview
Company Name
Announced On
4/28/2008
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series C
Investors
Proceeds Purpose
The Series C funding will be used to accelerate the sales and marketing of its fuel cells, and continued technology innovation and development for future product technologies and applications.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
15913 E. Euclid Ave.
Spokane, WA 99216
USA
Spokane, WA 99216
USA
Phone
Website
Email Address
Overview
ReliOn is the world leader in the development and marketing of modular, cartridge-based, proton exchange membrane fuel cell technology. Currently, we are marketing a range of stationary fuel cells for emergency and backup power requirements, uninterruptible power supplies, digital power needs and a variety of off grid power requirements.
Management Team
Title
Name
Email & Social
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