Tech Company Financing Transactions
ISI Technology Funding Round
Wave Equity Partners and private investors invested in a $5 million Series A capital raise for ISI Technology. The round closed on 7/15/2016.
Transaction Overview
Company Name
Announced On
7/15/2016
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Wave Equity Partners (Lead Investor)
Proceeds Purpose
ISI is looking to grow distribution and expand their product line into smaller, cheaper, lighter and more reliable water heating devices. They also are exploring partnerships and licensing opportunities to get the Heatworks technology into washing machines, dishwashers and other household devices.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Undisclosed
Charleston, SC 29403
USA
Charleston, SC 29403
USA
Phone
Website
Email Address
Not Recorded
Overview
The ISI Technology team have come together not only to create the Heatworks MODEL 1, but also bring sustainability to the forefront of water heating. The MODEL 1 saves you and your family money without sacrificing comfort, reducing up to 40% of energy costs and 10% of water usage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerry Callahan
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