Tech Company Financing Transactions
Draker Laboratories Funding Round
Draker Laboratories secured a $8 million financing round on 8/23/2012. Backers included Austin Ventures and Harbor Light Capital Partners.
Transaction Overview
Company Name
Announced On
8/23/2012
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Austin Ventures (Lead Investor)
Proceeds Purpose
The funding will be used to accelerate the development of the company's integrated suite of monitoring, optimization, control and asset management products. It will also enable the company to increase its sales and marketing efforts and expand its operations globally.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
431 Pine St. 114
Burlington, VT 05401
USA
Burlington, VT 05401
USA
Phone
Website
Email Address
Overview
Draker Laboratories provides high performance hardware monitoring and software-as-a-service data management systems for commercial-scale renewable energy systems including: solar photovoltaics (PV), wind, solar thermal and hybrid systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Curtis
VP - Engineering
Jikku Venkat
VP - Operations
Bryan Randall
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Next: 8/23/2012: Nanosys venture capital transaction
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