Tech Company Financing Transactions
eMeter Funding Round
Foundation Capital, Northgate Capital and Sequoia Capital participated in a $12.5 million funding round for eMeter. The financing round closed on 7/8/2010.
Transaction Overview
Company Name
Announced On
7/8/2010
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Given the exponential growth of the Smart Grid industry over the past year, eMeter will use the new funding to expand eMeter's sales and marketing efforts in key markets, enhance services to current customers and continue investing in new products.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
2215 Bridgepointe Parkway
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Overview
eMeter is a software products and implementation services company serving the utility smart grid marketplace. We understand that today's utility is as much as a part of the information economy as it is the economy of power generation and delivery. It is information that drives capital expenditure, pricing, operations, and maintenance decisions.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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