Tech Company Financing Transactions
Tantalus Systems Funding Round
Connecticut Innovations and Vareco Holdings invested in a $6 million funding round for Tantalus Systems. The funding round was announced by the company on 2/27/2017.
Transaction Overview
Company Name
Announced On
2/27/2017
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Connecticut Innovations (Matthew McCooe)
Proceeds Purpose
The additional capital will support Tantalus' growing community of municipal and cooperative utility users as well as the expansion of the company's integrated smart grid applications ecosystem.
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
1130 Situs Ct. 230
Raleigh, NC 27606
USA
Raleigh, NC 27606
USA
Phone
Website
Email Address
Overview
Tantalus provides Smart Grid communications technology that enables electric, gas & water utilities to optimize the use resources by automating monitoring & control processes, improving operational efficiency, and delivering the information utilities and consumers need to manage energy intelligently and cost-effectively.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Londa
Chief Operating Officer
Dermot O'Leary
VP - Finance
Param Pawar
VP - Manufacturing
Harold Hankel
VP - Operations
John Ziehl
VP - Sales
Mike Julian
Browse more venture capital transactions:
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