Tech Company Financing Transactions
Valere Power Funding Round
Sierra Ventures, Alafi Capital and Keynote Ventures participated in a $11 million Series C venture round for Valere Power. This venture round closed on 2/25/2003.
Transaction Overview
Company Name
Announced On
2/25/2003
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series C
Investors
Proceeds Purpose
With this capital, Valere is one of the most financially stable new companies in this market
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
661 N Plano Rd 300
Richardson, TX 75081
USA
Richardson, TX 75081
USA
Phone
Website
Email Address
Overview
Valere Power was founded in January 2001 to develop innovative power solutions that reduce customers' operating expenses in advanced telecom and enterprise applications. Headquartered in Richardson, Texas, Valere has created high-efficiency DC power distribution systems that take less space, dissipate less heat and provide new remote management capabilities.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on 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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