Tech Company Financing Transactions

OhmConnect Funding Round

On 4/18/2018, OhmConnect raised $8.5 million in Series B investment from private investors.

Transaction Overview

Company Name
Announced On
4/18/2018
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series B
Investors

private investors (Lead Investor) (Michael Maples)

private investors (Daniel Skaff)

private investors (James Babcock)

private investors (Jeffrey Chung)

private investors (Jennifer Fonstad)

private investors (Jerry Yang)

private investors (Josh Cohen)

private investors (Kat Taylor)

private investors (Mark Pincus)

Proceeds Purpose
Using this funding, our goal is to have 1 Gigawatt of shared energy by 2020 by expanding into new markets beyond California, including New York, Texas, and the rest of the country.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
350 Townsend St. 210
San Francisco, CA 94107
USA
Email Address
Overview
The sun is setting on dirty power. Actions as small as flipping off a light switch or raising your thermostat at the right moment can prevent the dirtiest power plants on the grid from turning on. Today, thousands of households use OhmConnect to save energy, reduce their carbon impact, and get paid.
Profile
OhmConnect LinkedIn Company Profile
Social Media
OhmConnect Company Twitter Account
Company News
OhmConnect News
Facebook
OhmConnect on Facebook
YouTube
OhmConnect on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Cisco DeVries
  Cisco DeVries LinkedIn Profile  Cisco DeVries Twitter Account  Cisco DeVries News  Cisco DeVries on Facebook
Chief Marketing Officer
Elizabeth Ludwig
  Elizabeth Ludwig LinkedIn Profile  Elizabeth Ludwig Twitter Account  Elizabeth Ludwig News  Elizabeth Ludwig on Facebook
President
Cadir Lee
  Cadir Lee LinkedIn Profile  Cadir Lee Twitter Account  Cadir Lee News  Cadir Lee on Facebook
VP - Sales
Matthew Duesterberg
  Matthew Duesterberg LinkedIn Profile  Matthew Duesterberg Twitter Account  Matthew Duesterberg News  Matthew Duesterberg on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/18/2018: Harbor venture capital transaction
Next: 4/18/2018: Drift venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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