Tech Company Financing Transactions
Varentec Funding Round
3M Corporation, private investors and Khosla Ventures participated in a $13 million Series C capital raise for Varentec. The financing round was announced on 11/16/2015.
Transaction Overview
Company Name
Announced On
11/16/2015
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series C
Investors
Proceeds Purpose
The financing round will fund Varentec's expansion of its software applications and real-time advanced power electronics capabilities, as well as the international deployment of the company's GEMS� software platform and ENGO� grid edge control devices.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3200 Patrick Henry Dr.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Varentec is developing technology at the intersection of power electronics and the grid to deliver critical new functionality that can help utilities enhance and transform their power delivery infrastructure, while keeping costs low.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guillaume Dufosse
Chief Scientific Officer
Deepak Divan
VP - Engineering
Mehrdad Hamadani
VP - Product Management
Damien Tholomier
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