Tech Company Financing Transactions
Sunrun Funding Round
Sunrun, operating out of San Francisco, raised $18 million from Accel Partners and Foundation Capital.
Transaction Overview
Company Name
Announced On
7/28/2009
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series B
Investors
Accel Partners (Lead Investor) (Richard Wong)
Foundation Capital (Charles Moldow)
Proceeds Purpose
SunRun plans to use the funding to meet strong demand for its popular residential solar service, expand into new markets and build on the Company's recent successes.
Company Information
Company Status
Publicly-held
Industry
Alternative Energy
Mailing Address
595 Market St. 29th Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Edward Fenster
Chief Executive Officer
Lynn Jurich
Chief Financial Officer
Bob Komin
Browse more venture capital transactions:
Prev: 7/27/2009: Blue Spark Technologies venture capital transaction
Next: 7/28/2009: LibreDigital venture capital transaction
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