Tech Company Financing Transactions
Abound Solar Funding Round
Abound Solar, based in Loveland, secured $104 million from DCM Ventures, GLG Partners and Invus.
Transaction Overview
Company Name
Announced On
8/27/2008
Transaction Type
Venture Equity
Amount
$104,000,000
Round
Undisclosed
Investors
DCM Ventures (Lead Investor) (Thomas Blaisdell)
Technology Partners (Ira Ehrenpreis)
Proceeds Purpose
The funds will be used to complete AVA Solar's first production facility in Longmont, Colorado, which will have the capacity to produce 200 megawatts of PV modules annually.
Company Information
Company Status
Out of Business
Industry
Alternative Energy
Mailing Address
2695 Rocky Mountain Avenue 300
Loveland, CO 80538
USA
Loveland, CO 80538
USA
Phone
Website
Email Address
Overview
From our corporate and manufacturing headquarters in Colorado, Abound Solar (formerly known as AVA Solar) is producing the next generation of thin-film cadmium telluride solar modules ideally suited for large- and utility-scale commercial installations.
Profile
Social Media
Company News
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Craig Witsoe
Chief Financial Officer
Stephen Abely
VP - Engineering
Dennis Csehi
VP - General Counsel
Patrick Summers
VP - Human Resources
Dennis Stoltenberg
VP - Operations
Bob Grier
VP - R & D
Anders Olsson
Browse more venture capital transactions:
Prev: 8/27/2008: RadioFrame Networks venture capital transaction
Next: 8/28/2008: SpeedDate venture capital transaction
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