Tech Company Financing Transactions

Sunrun Funding Round

Sunrun closed a $60 million financing round on 5/23/2012. Backers included Madrone Capital Partners, Accel Partners and Foundation Capital.

Transaction Overview

Company Name
Announced On
5/23/2012
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors

Madrone Capital Partners (Lead Investor) (Jamie McJunkin)

Accel Partners (Richard Wong)

Foundation Capital (Steven Vassallo)

Sequoia Capital (Warren Hogarth)

Proceeds Purpose
With this funding, Sunrun will continue to develop and scale the software and service expertise needed to keep driving down the cost of solar and simplify the installation process for customers and partners.

Company Information

Company Status
Publicly-held
Industry
Alternative Energy
Mailing Address
595 Market St. 29th Floor
San Francisco, CA 94105
USA
Email Address
Overview
Sunrun (NASDAQ: RUN) is the nation's first residential solar electricity provider. Pioneering solar as a service, Sunrun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners lock in an electricity rate that is lower than utility rates and never increases.
Profile
Sunrun LinkedIn Company Profile
Social Media
Sunrun Company Twitter Account
Company News
Sunrun News
Facebook
Sunrun on Facebook
YouTube
Sunrun on YouTube

Management Team

Title
Name
Email & Social
Chairman
Edward Fenster
  Edward Fenster LinkedIn Profile  Edward Fenster Twitter Account  Edward Fenster News  Edward Fenster on Facebook
Chief Executive Officer
Lynn Jurich
  Lynn Jurich LinkedIn Profile  Lynn Jurich Twitter Account  Lynn Jurich News  Lynn Jurich on Facebook
Chief Financial Officer
Bob Komin
  Bob Komin LinkedIn Profile  Bob Komin Twitter Account  Bob Komin News  Bob Komin on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/23/2012: Remedy Pharmaceuticals venture capital transaction
Next: 5/23/2012: DotLoop venture capital transaction

 

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We do our best to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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