Tech Company Financing Transactions
Ice Energy Funding Round
Goldman Sachs, Sail Venture Partners and Second Avenue Partners invested in a $25 million Series A funding round for Ice Energy. This venture round was announced on 5/16/2007.
Transaction Overview
Company Name
Announced On
5/16/2007
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
The financing will enable continued growth for Ice Energy, including expansion of the company's new product development, manufacturing, business development, and sales and marketing initiatives.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
120 El Paseo
Santa Barbara, CA 93101
USA
Santa Barbara, CA 93101
USA
Phone
Website
Email Address
Overview
Ice Energy s proven Ice Bear system is the most cost effective and reliable distributed energy storage solution for the grid. The Ice Bear delivers up to six hours of clean, firm, non-fatiguing stored energy daily and is fully dispatchable by the utility. Ice Bear projects are job engines, creating long-term green jobs in the hosting communities.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We document tech company VC transactions. VC investment data records 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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