Tech Company Financing Transactions
Advanced Microgrid Solutions Funding Round
Advanced Microgrid Solutions closed a $34 million Series B funding round on 7/11/2017. Investors included DBL Investors, Energy Impact Partners and GE Ventures.
Transaction Overview
Company Name
Announced On
7/11/2017
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Series B
Investors
Proceeds Purpose
The San Francisco-based company intends to use the new financing for two main purposes -- to expand into new markets outside California, and to scale up its Armada software, the "building-to-grid DER optimization platform" that it's used to design, implement and operate its current fleet of battery-equipped buildings.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
986 Mission St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
AMS installs advanced energy storage systems in buildings to lower energy costs for consumers and provide clean, instant load reduction to electric utilities. We're building a more efficient, more resilient electric grid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Susan Kennedy
Chief Financial Officer
Carlo Woods
Vice President
Harvey Braswell
VP - Bus. Development
Jesse Bryson
VP - Bus. Development
Mark Tholke
VP - Engineering
Minh Dang
VP - Marketing
Manal Yamout
VP - Operations
Alex Sherman
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