Tech Company Financing Transactions
Comverge Funding Round
Comverge, based in Norcross, scored $13 million in investment from Easton Capital, EnerTech Capital and Nth Power.
Transaction Overview
Company Name
Announced On
4/9/2003
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the equity and debt financings will be used to fund Comverge's internal growth opportunities, including the installation of a major Virtual Peaking CapacityTM system for a large electric utility and the advanced development of the company's Maingate and Direct Load Control product lines.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
5390 Triangle Parkway Northwest 300
Norcross, GA 30092
USA
Norcross, GA 30092
USA
Phone
Website
Email Address
Overview
Comverge is the industry s leading provider of integrated demand response, energy efficiency and customer engagement solutions that enable electric utilities to ensure grid reliability, lower energy costs, meet regulatory demands and enhance the customer experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gregory Dukat
Chief Financial Officer
John Horton
Chief Technical Officer
Mike Ratliff
VP - General Counsel
Tracy Caswell
VP - Operations
Greg Allarding
Browse more venture capital transactions:
Prev: 4/9/2003: Capella Photonics venture capital transaction
Next: 4/14/2003: Millennial Net venture capital transaction
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We do our best to record tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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