Tech Company Financing Transactions

Sunrun Funding Round

Sunrun closed a $55 million Series C investment round on 6/29/2010. Backers included Sequoia Capital, Accel Partners and Foundation Capital.

Transaction Overview

Company Name
Announced On
6/29/2010
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series C
Investors

Sequoia Capital (Lead Investor) (Warren Hogarth)

Accel Partners (Richard Wong)

Foundation Capital (Steven Vassallo)

Proceeds Purpose
This funding round follows an announcement by SunRun and PG&E Corporation earlier this month of a $100 million tax equity project financing agreement to fund SunRun's installation of more than 3,500 new home solar installations across the nation.

Company Information

Company Status
Publicly-held
Industry
Alternative Energy
Mailing Address
595 Market St. 29th Floor
San Francisco, CA 94105
USA
Email Address
Overview
Sunrun (NASDAQ: RUN) is the nation's first residential solar electricity provider. Pioneering solar as a service, Sunrun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners lock in an electricity rate that is lower than utility rates and never increases.
Profile
Sunrun LinkedIn Company Profile
Social Media
Sunrun Company Twitter Account
Company News
Sunrun News
Facebook
Sunrun on Facebook
YouTube
Sunrun on YouTube

Management Team

Title
Name
Email & Social
Chairman
Edward Fenster
  Edward Fenster LinkedIn Profile  Edward Fenster Twitter Account  Edward Fenster News  Edward Fenster on Facebook
Chief Executive Officer
Lynn Jurich
  Lynn Jurich LinkedIn Profile  Lynn Jurich Twitter Account  Lynn Jurich News  Lynn Jurich on Facebook
Chief Financial Officer
Bob Komin
  Bob Komin LinkedIn Profile  Bob Komin Twitter Account  Bob Komin News  Bob Komin on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/29/2010: Everyday Solutions venture capital transaction
Next: 6/29/2010: AqueSys venture capital transaction

 

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We do our best to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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