Tech Company Financing Transactions

Boston-Power Funding Round

On 1/3/2008, Boston-Power announced $45 million in Series C funding from Oak Investment Partners, Gabriel Venture Partners and GGV Capital.

Transaction Overview

Company Name
Boston-Power
Announced On
1/3/2008
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series C
Investors

Oak Investment Partners (Lead Investor) (Bandel Carano)

Gabriel Venture Partners (Scott Chou)

GGV Capital (Scott Bonham)

Venrock (Tony Evnin)

Proceeds Purpose
Boston-Power will use the new capital to scale business development, marketing, research and development, and manufacturing operations to meet strong global demand for Sonata -- the company's next-generation Lithium-ion battery technology. Sonata initially targets notebook computers. Eventually, the company's products could be used to power an extensive range of end-applications -- from consumer electronics devices to hybrid electric vehicles.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2200 West Park Dr. 320
Westborough, MA 01581
USA
Phone
(508) 366-0885
Website
www.boston-power.com
Email Address
[email protected]
Overview
Boston Power manufactures portable power products such as application-specific rechargeable lithium-ion batteries.
Profile
Boston-Power LinkedIn Company Profile
Social Media
Boston-Power Company Twitter Account
Company News
Boston-Power News
Facebook
Boston-Power on Facebook
YouTube
Boston-Power on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sonny Wu
  Sonny Wu LinkedIn Profile  Sonny Wu Twitter Account  Sonny Wu News  Sonny Wu on Facebook
Chief Financial Officer
Simon Vieira-Ribeiro
  Simon Vieira-Ribeiro LinkedIn Profile  Simon Vieira-Ribeiro Twitter Account  Simon Vieira-Ribeiro News  Simon Vieira-Ribeiro on Facebook
Chief Technical Officer
Rick Chamberlain
  Rick Chamberlain LinkedIn Profile  Rick Chamberlain Twitter Account  Rick Chamberlain News  Rick Chamberlain on Facebook
President
Alex Pan
  Alex Pan LinkedIn Profile  Alex Pan Twitter Account  Alex Pan News  Alex Pan on Facebook
VP - Engineering
Wayne Yuan
  Wayne Yuan LinkedIn Profile  Wayne Yuan Twitter Account  Wayne Yuan News  Wayne Yuan on Facebook
VP - Finance
Jackie He
  Jackie He LinkedIn Profile  Jackie He Twitter Account  Jackie He News  Jackie He on Facebook

 

 

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