Tech Company Financing Transactions
WindESCo Funding Round
WindESCo, based in Burlington, secured $10 million from Wave Equity Partners, Tenaska Energy and private investors.
Transaction Overview
Company Name
Announced On
4/30/2020
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Wave Equity Partners (Lead Investor) (Praveen Sahay)
Tenaska Energy (Rishi Bhakar)
Proceeds Purpose
The Company will use the proceeds of the financing to further enhance its technology offerings, bolster growth through the expansion of its sales and customer success teams, forge joint development and channel partnerships and take its solutions to the global marketplace.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
100 Summit Dr. 917
Burlington, MA 01803
USA
Burlington, MA 01803
USA
Phone
Undisclosed
Website
Email Address
Overview
WindESCo provides services to wind plants to improve energy production and reduce operating expense. Combining the power of physics-based models with data science, WindESCo's solutions are actively optimizing wind farms in eight countries on three continents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mo Dua
Chief Technical Officer
Nathan Post
Vice President
Mark Preston
Browse more venture capital transactions:
Prev: 4/30/2020: Topia venture capital transaction
Next: 4/30/2020: Mojo Vision venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs