Tech Company Financing Transactions

Albeo Technologies Funding Round

Albeo Technologies closed a $8 million funding round on 3/20/2012. Investors included Braemar Energy Ventures, Green Spark Ventures and Silicon Valley Bank.

Transaction Overview

Company Name
Announced On
3/20/2012
Transaction Type
Debt
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors

Braemar Energy Ventures (Lead Investor) (Dennis Costello)

Green Spark Ventures (David Ryan)

Silicon Valley Bank

Proceeds Purpose
The funding allows Albeo to increase both the breadth of its LED lighting portfolio and depth of its channel presence. The new capital will also create a stronger financial base that allows the company to continue its rapid, sustainable growth.

Company Information

Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
2108 55th St.
Boulder, CO 80301
USA
Email Address
Overview
AlbEO Technologies, Inc. is a privately funded start-up in Boulder Colorado with a Mission to combine art, design, and technology to create lighting systems with superior performance, superior reliability, and dramatically reduced power consumption.
Profile
Albeo Technologies LinkedIn Company Profile
Social Media
Albeo Technologies Company Twitter Account
Company News
Albeo Technologies News
Facebook
Albeo Technologies on Facebook
YouTube
Albeo Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeff Bisberg
  Jeff Bisberg LinkedIn Profile  Jeff Bisberg Twitter Account  Jeff Bisberg News  Jeff Bisberg on Facebook
Chief Financial Officer
Kathy McCarty
  Kathy McCarty LinkedIn Profile  Kathy McCarty Twitter Account  Kathy McCarty News  Kathy McCarty on Facebook
Chief Technical Officer
Peter Laanen
  Peter Laanen LinkedIn Profile  Peter Laanen Twitter Account  Peter Laanen News  Peter Laanen on Facebook
VP - Bus. Development
Neil Cannon
  Neil Cannon LinkedIn Profile  Neil Cannon Twitter Account  Neil Cannon News  Neil Cannon on Facebook


 

 

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Next: 3/20/2012: DogVacay venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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