Tech Company Financing Transactions

Power Assure Funding Round

Good Energies, Point Judith Capital Partners and Threshold Ventures invested in a $11 million Series B funding round for Power Assure. This VC investment round was announced on 7/14/2010.

Transaction Overview

Company Name
Announced On
7/14/2010
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors

Good Energies (Bernard Brenninkmeijer)

Point Judith Capital Partners (Zaid Ashai)

Threshold Ventures (Josh Raffaelli)

Proceeds Purpose
This new infusion of funds will be used to expand the company's sales and go-to-market initiatives for its optimization solutions, currently in production at large enterprise and government data centers.

Company Information

Company Status
Out of Business
Industry
Software
Mailing Address
2390 Walsh Avenue
Santa Clara, CA 95051
USA
Email Address
Overview
Power Assure develops and delivers business automation software that reduces energy use and carbon emissions in commercial, corporate, and government data centers. The company's software platform intelligently manages data center server capacity in real time, maintaining required service levels at optimum efficiency and lowest total cost.
Profile
Power Assure LinkedIn Company Profile
Social Media
Power Assure Company Twitter Account
Company News
Power Assure News
Facebook
Power Assure on Facebook
YouTube
Power Assure on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Pete Malcolm
  Pete Malcolm LinkedIn Profile  Pete Malcolm Twitter Account  Pete Malcolm News  Pete Malcolm on Facebook
Chief Technical Officer
Clemens Pfeiffer
  Clemens Pfeiffer LinkedIn Profile  Clemens Pfeiffer Twitter Account  Clemens Pfeiffer News  Clemens Pfeiffer on Facebook
VP - Engineering
Andrew Stickler
  Andrew Stickler LinkedIn Profile  Andrew Stickler Twitter Account  Andrew Stickler News  Andrew Stickler on Facebook
VP - Sales
Peter Maltbaek
  Peter Maltbaek LinkedIn Profile  Peter Maltbaek Twitter Account  Peter Maltbaek News  Peter Maltbaek on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/14/2010: BARRX Medical venture capital transaction
Next: 7/14/2010: Metamark Genetics venture capital transaction

 

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