Tech Company Financing Transactions

Abound Solar Funding Round

Abound Solar closed a $110 million venture capital round on 12/15/2010. Investors included DCM Ventures, Invus and Technology Partners.

Transaction Overview

Company Name
Announced On
12/15/2010
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Undisclosed
Investors

DCM Ventures (Thomas Blaisdell)

Invus

Technology Partners (Ira Ehrenpreis)

Proceeds Purpose
The debt and equity financings will enable Abound Solar to expand manufacturing capacity at both its existing facility in Colorado and later at a second site in Indiana, which when completed will create 1,200 new manufacturing jobs.

Company Information

Company Status
Out of Business
Industry
Alternative Energy
Mailing Address
2695 Rocky Mountain Avenue 300
Loveland, CO 80538
USA
Email Address
Overview
From our corporate and manufacturing headquarters in Colorado, Abound Solar (formerly known as AVA Solar) is producing the next generation of thin-film cadmium telluride solar modules ideally suited for large- and utility-scale commercial installations.
Profile
Abound Solar LinkedIn Company Profile
Social Media
Abound Solar Company Twitter Account
Company News
Abound Solar News
Facebook
Abound Solar on Facebook
YouTube
Abound Solar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Craig Witsoe
  Craig Witsoe LinkedIn Profile  Craig Witsoe Twitter Account  Craig Witsoe News  Craig Witsoe on Facebook
Chief Financial Officer
Stephen Abely
  Stephen Abely LinkedIn Profile  Stephen Abely Twitter Account  Stephen Abely News  Stephen Abely on Facebook
VP - Engineering
Dennis Csehi
  Dennis Csehi LinkedIn Profile  Dennis Csehi Twitter Account  Dennis Csehi News  Dennis Csehi on Facebook
VP - General Counsel
Patrick Summers
  Patrick Summers LinkedIn Profile  Patrick Summers Twitter Account  Patrick Summers News  Patrick Summers on Facebook
VP - Human Resources
Dennis Stoltenberg
  Dennis Stoltenberg LinkedIn Profile  Dennis Stoltenberg Twitter Account  Dennis Stoltenberg News  Dennis Stoltenberg on Facebook
VP - Operations
Bob Grier
  Bob Grier LinkedIn Profile  Bob Grier Twitter Account  Bob Grier News  Bob Grier on Facebook
VP - R & D
Anders Olsson
  Anders Olsson LinkedIn Profile  Anders Olsson Twitter Account  Anders Olsson News  Anders Olsson on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/15/2010: Clustrix venture capital transaction
Next: 12/15/2010: Pocket Gems venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. All VC database entries reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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