Tech Company Financing Transactions
Varentec Funding Round
Varentec closed a $4 million investment round on 9/25/2014. Investors included Square 1 Bank.
Transaction Overview
Company Name
Announced On
9/25/2014
Transaction Type
Debt
Amount
$4,000,000
Round
Undisclosed
Investors
Square 1 Bank (Ronald Kundich)
Proceeds Purpose
Proceeds of the credit facility will provide working capital to support the company's future growth.
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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Prev: 9/25/2014: MasteryConnect venture capital transaction
Next: 9/25/2014: WaterHealth International venture capital transaction
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