Tech Company Financing Transactions
Valere Power Funding Round
Valere Power, operating out of Richardson, raised $17 million from JPMorgan Partners, Alafi Capital and Keynote Ventures.
Transaction Overview
Company Name
Announced On
8/22/2003
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series C
Investors
JPMorgan Partners (Lead Investor) (Christopher Albinson)
Sierra Ventures (Jeffrey Drazen)
Proceeds Purpose
Valere will use the latest investment to fund its expansion into European and Asian markets and to introduce its products to enterprise markets.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andy Marsh
VP - Marketing
Greg Fasullo
VP - Operations
Vito Savino
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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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