Tech Company Financing Transactions
Software Motor Company Funding Round
Software Motor Company closed a $31.4 million Series A funding round on 6/26/2019. Backers included JLL Spark and Meson Capital.
Transaction Overview
Company Name
Announced On
6/26/2019
Transaction Type
Venture Equity
Amount
$31,400,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to scale its business.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1295 Forgewood Ave.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
The Silicon Valley based Software Motor Company is setting a new standard of efficiency, reliability, and intelligence with the SMC Smart Motor System. SMC combines modern computing and software control with the proven reliability of switched reluctance motor technology to achieve an unprecedented optimal efficiency.
Management Team
Title
Name
Email & Social
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