Tech Company Financing Transactions

Solid Information Technology Funding Round

Solid Information Technology closed a $8 million Series A funding round on 10/16/2006. Investors included RockPort Capital, Band of Angels and Nth Power.

Transaction Overview

Announced On
10/16/2006
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors

RockPort Capital (Lead Investor) (Chuck McDermott)

Band of Angels

Nth Power (Timothy Woodward)

Trinity Ventures

Proceeds Purpose
The investment will fund the production of Practical Instruments' flagship product,Heliotube(TM), for the solar integrator, installer, and project developer channels.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
20400 Stevens Creek Blvd 200
Cupertino, CA 95014
USA
Email Address
Not Recorded
Overview
Solid was founded in 1992 in Helsinki Finland with the vision to provide innovative data management solutions that allow data to be as ubiquitous and always available to network users as the dial tone is for telephone clients
Profile
Solid Information Technology LinkedIn Company Profile
Social Media
Solid Information Technology Company Twitter Account
Company News
Solid Information Technology News
Facebook
Solid Information Technology on Facebook
YouTube
Solid Information Technology on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brad Hines
  Brad Hines LinkedIn Profile  Brad Hines Twitter Account  Brad Hines News  Brad Hines on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/16/2006: Resolute Networks venture capital transaction
Next: 10/16/2006: AirWalk Communications venture capital transaction

 

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