Tech Company Financing Transactions
Proterra Funding Round
Proterra closed a $30 million funding round on 6/13/2011. Investors included Kleiner Perkins Caufield & Byers, GM Ventures and Mitsui & Co..
Transaction Overview
Company Name
Announced On
6/13/2011
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This investment enables Proterra to complete critical federal validation testing of its bus, roll out additional pilot fleets and complete initiatives to significantly reduce costs and increase volume production at its Greenville, South Carolina manufacturing plant, which will have a capacity to produce 400 buses annually.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1815 Rollins Rd.
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Website
Email Address
Overview
Proterra was founded by Dale Hill in 2004 with a vision to design and manufacture world leading advanced technology heavy duty vehicles that are powered solely by clean domestic fuels.
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Allen
Chief Financial Officer
Amy Ard
Chief Operating Officer
Josh Ensign
Chief Technical Officer
Dustin Grace
Co-Founder
Ryan Popple
VP - Engineering
Rick Huibregtse
VP - General Counsel
JoAnn Covington
VP - Human Resources
Kelly Scheib
VP - Sales
John Walsh
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We do our best to report on tech company VC transactions. VC transactions reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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