Tech Company Financing Transactions
Optimal Technologies International Funding Round
Optimal Technologies International, operating out of Raleigh, secured $25 million from Goldman Sachs.
Transaction Overview
Company Name
Announced On
10/30/2007
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
The investment will allow Optimal to continue building out its product offering for energy utilities, businesses and consumers. Specifically, Optimal will complete the development of its technology that optimizes electric power systems from origin to end-user.
Company Information
Company Status
Out of Business
Industry
Energy & Battery
Mailing Address
801 Jones Franklin Road 210
Raleigh, NC 27606
USA
Raleigh, NC 27606
USA
Phone
Website
Email Address
Overview
Optimal Technologies was founded in early 2000 to develop next generation solutions that help power utilities, businesses and consumers optimize their energy usage. The company's mission is to enable a more efficient, reliable and environmentally responsible electric power grid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roland Schoettle
Chief Financial Officer
Michael Woolard
Chief Technical Officer
Soorya Kuloor
Browse more venture capital transactions:
Prev: 10/30/2007: Bevy App venture capital transaction
Next: 10/30/2007: Global Media Services venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs