Tech Company Financing Transactions
Proterra Funding Round
Silicon Valley Bank participated in a $15 million venture round for Proterra. The round closed on 10/25/2011.
Transaction Overview
Company Name
Announced On
10/25/2011
Transaction Type
Debt
Amount
$15,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Cindy Schatz)
Proceeds Purpose
Proterra will use the new funds to help finance existing orders and new sales, and it will help extend financial runway to Proterra's next round of venture capital financing.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1815 Rollins Rd.
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Website
Email Address
Overview
Proterra was founded by Dale Hill in 2004 with a vision to design and manufacture world leading advanced technology heavy duty vehicles that are powered solely by clean domestic fuels.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Allen
Chief Financial Officer
Amy Ard
Chief Operating Officer
Josh Ensign
Chief Technical Officer
Dustin Grace
Co-Founder
Ryan Popple
VP - Engineering
Rick Huibregtse
VP - General Counsel
JoAnn Covington
VP - Human Resources
Kelly Scheib
VP - Sales
John Walsh
Browse more venture capital transactions:
Prev: 10/25/2011: Calient Technologies venture capital transaction
Next: 10/25/2011: Ruckus Wireless venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC transactions reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs