Tech Company Financing Transactions
Stem Funding Round
On 12/17/2013, Stem announced $15 million in Series B financing from Angeleno Group, GE Ventures and Iberdrola Group.
Transaction Overview
Company Name
Announced On
12/17/2013
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
The Series B funds will enable expansion to new commercial and industrial sectors and geographies primed to benefit from the cost savings associated with advanced energy storage systems.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
100 Rollins Rd.
Millbrae, CA 94030
USA
Millbrae, CA 94030
USA
Phone
Website
Email Address
Overview
Stem is leading the way to a brighter, more cost-effective energy future. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Carrington
Chief Technical Officer
Larsh Johnson
VP - Engineering
David Erhart
VP - Operations
Tad Glauthier
VP - Product Management
Andrzej Skoskiewicz
VP - Sales
Randy Palombi
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Where The Data Comes From
Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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