Tech Company Financing Transactions
SolarCity Funding Round
On 1/22/2010, SolarCity announced $60 million in funding from private investors.
Transaction Overview
Company Name
Announced On
1/22/2010
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The solar systems funded under the agreement are expected to be installed in 2010, predominantly in California, with some in Arizona and Colorado. SolarCity already has more than 1,700 solar customers in Pacific Gas and Electric Company's service area and more than 5,000 solar customers overall.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Elon Musk
Chief Executive Officer
Lyndon Rive
Chief Operating Officer
Peter Rive
VP - General Counsel
Seth Weissman
VP - Human Resources
Linda Keala
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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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