Tech Company Financing Transactions
Smart Wire Grid Funding Round
On 9/30/2011, Smart Wire Grid raised $3 million in financing from RiverVest Venture Partners.
Transaction Overview
Company Name
Announced On
9/30/2011
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3292 Whipple Rd.
Union City, CA 94587
USA
Union City, CA 94587
USA
Phone
Website
Email Address
Overview
Smart Wire modules are self powered using line current and do not require communications among devices. The modules operate at line potential and eliminate isolation issues which makes them more viable. The target lifetime of the product is in excess of twenty years with zero maintenance.
Management Team
Title
Name
Email & Social
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