Tech Company Financing Transactions
SolarCity Funding Round
SolarCity, based in San Mateo, secured $81 million from Silver Lake, Valor Equity Partners and Shea Ventures.
Transaction Overview
Company Name
Announced On
3/1/2012
Transaction Type
Venture Equity
Amount
$81,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new financing will fund SolarCity's expansion of sales, marketing and operations, technology development and potential acquisitions.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
3055 Clearview Way
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Overview
SolarCity matches advanced solar power technology with a suite of installation services. The company's comprehensive offering removes the technical, regulatory, and financing barriers to solar power, helping customers make smart renewable energy choices that save money.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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