Tech Company Financing Transactions

Xtreme Power Funding Round

Bessemer Venture Partners, Dow Venture Capital and Posco BioVentures participated in a $29.5 million funding round for Xtreme Power. This venture round was announced by the company on 7/27/2010.

Transaction Overview

Company Name
Announced On
7/27/2010
Transaction Type
Venture Equity
Amount
$29,500,000
Round
Undisclosed
Investors

Bessemer Venture Partners (Lead Investor) (Umesh Padval)

Dow Venture Capital (Lead Investor)

Posco BioVentures

Sail Venture Partners (Walter Schindler)

Proceeds Purpose
The financing will support Xtreme Power's technology development, production expansion, and large-scale power projects.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
1120 Goforth Rd.
Kyle, TX 78640
USA
Email Address
Overview
Xtreme Power is a Power Systems company with sophisticated technology to deliver efficient solutions. Xtreme Power Solutions is a manufacturer of power systems from the small sized, (2kW) generator replacement, through large scale Megawatt load leveling & power storage applications.
Profile
Xtreme Power LinkedIn Company Profile
Social Media
Xtreme Power Company Twitter Account
Company News
Xtreme Power News
Facebook
Xtreme Power on Facebook
YouTube
Xtreme Power on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alan Gotcher
  Alan Gotcher LinkedIn Profile  Alan Gotcher Twitter Account  Alan Gotcher News  Alan Gotcher on Facebook
Chief Financial Officer
Ken Hashman
  Ken Hashman LinkedIn Profile  Ken Hashman Twitter Account  Ken Hashman News  Ken Hashman on Facebook
VP - Bus. Development
Ryan O'Keefe
  Ryan O'Keefe LinkedIn Profile  Ryan O'Keefe Twitter Account  Ryan O'Keefe News  Ryan O'Keefe on Facebook
VP - Engineering
Eric Schrock
  Eric Schrock LinkedIn Profile  Eric Schrock Twitter Account  Eric Schrock News  Eric Schrock on Facebook
VP - Operations
Vijay Persaud
  Vijay Persaud LinkedIn Profile  Vijay Persaud Twitter Account  Vijay Persaud News  Vijay Persaud on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/27/2010: Twelvefold Media venture capital transaction
Next: 7/27/2010: Solera Networks venture capital transaction

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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