Tech Company Financing Transactions

Nest Funding Round

On 8/1/2011, Nest raised Series B funding from Generation Investment Management, GV and Intertrust.

Transaction Overview

Company Name

Nest

Announced On

8/1/2011

Transaction Type

Venture Equity

Amount

Unknown

Round

Series B

Investors

Generation Investment Management

GV (William Maris)

Intertrust (Talal Shamoon)

Kleiner Perkins Caufield & Byers (Randy Komisar)

Lightspeed Venture Partners (Jeremy Liew)

Shasta Ventures (Rob Coneybeer)

Proceeds Purpose

The Nest thermostat will initially be available on the company's Web site and through Best Buy's site. Consumers can install it themselves or hire a professional. The company is also working with contractors, which distribute 70 percent of thermostats sold.

Company Information

Company Status

Acquired or Merged

Industry

Electronics

Mailing Address

900 Hansen Way
Palo Alto, CA 94304
USA

Phone

(650) 331-1127

Website

www.nest.com

Email Address

Not Recorded

Overview

Nest is focused on addressing home-energy consumption with an elegantly designed solution -- one that people actually enjoy using.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Tony Fadell

Chief Financial Officer

Tom vonReichbauer

VP - Engineering

Matt Rogers

VP - General Counsel

Chip Lutton

VP - Manufacturing

Shige Honjo

VP - Marketing

Doug Sweeny

VP - Sales

Erik Charlton

Browse more venture capital transactions:

Prev: 8/1/2011: AeroSat venture capital transaction
Next: 8/1/2011: Kimbia venture capital transaction

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