Tech Company Financing Transactions
VCharge Funding Round
VCharge closed a $1.9 million venture capital round on 12/5/2011. Investors included Clean Energy Venture Group, Launchpad Venture Group and Slater Technology Fund.
Transaction Overview
Company Name
Announced On
12/5/2011
Transaction Type
Venture Equity
Amount
$1,900,000
Round
Undisclosed
Proceeds Purpose
VCharge plans to use the funding to prove operational and technical scalability in several pilots this winter, to grow its team, and to improve its core product.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
235 Promenade St. 475
Providence, RI 02908
USA
Providence, RI 02908
USA
Phone
Website
Email Address
Overview
VCharge uses decentralized, market-based principles to enable residential electric heaters, electric cars, and other transactive loads with embedded storage to engage in rapid demand response. VCharge technology brings real value to utilities, grid operators, and end users today and into the future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Baker
Chief Technical Officer
Jessica Millar
VP - Marketing
Bob Chatham
VP - Operations
Genny Lauck
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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