Tech Company Financing Transactions

SolarEdge Technologies Funding Round

On 10/24/2011, SolarEdge Technologies raised $37 million in funding from Norwest Venture Partners, GE Energy Financial Services and Genesis Partners.

Transaction Overview

Company Name
SolarEdge Technologies
Announced On
10/24/2011
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Undisclosed
Investors

Norwest Venture Partners (Lead Investor) (Dror Nahumi)

GE Energy Financial Services

Genesis Partners (Gary Gannot)

Lightspeed Venture Partners (Yoni Cheifetz)

Opus Capital (Daniel Avida)

Vertex Venture Capital (Yifat Oron)

WRV Capital (Roni Hefetz)

Proceeds Purpose
The funding will enable the company to accelerate its global expansion and production plans as well as strengthen its balance sheet. SolarEdge has experienced major growth in the last two years and has become a globally recognized brand in solar power harvesting and PV monitoring solutions. This funding will allow the company to further enhance its leadership within the solar power optimization industry.

Company Information

Company Status
Publicly-held
Industry
Alternative Energy
Mailing Address
1 HaMada St. POB 12001
Herzliya, 4673335
Israel
Phone
+972-9-957-6620
Website
www.solaredge.com
Email Address
[email protected]
Overview
SolarEdge (NASDAQ: SEDG) provides an end-to-end distributed solar power harvesting and PV monitoring solution, maximizing the power generation of residential, commercial and large-scale PV system installations by up to 25%, for a faster return on investment.
Profile
SolarEdge Technologies LinkedIn Company Profile
Social Media
SolarEdge Technologies Company Twitter Account
Company News
SolarEdge Technologies News
Facebook
SolarEdge Technologies on Facebook
YouTube
SolarEdge Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Guy Sella
  Guy Sella LinkedIn Profile  Guy Sella Twitter Account  Guy Sella News  Guy Sella on Facebook
Chief Financial Officer
Ronen Faier
  Ronen Faier LinkedIn Profile  Ronen Faier Twitter Account  Ronen Faier News  Ronen Faier on Facebook
Chief Information Officer
Meir Adest
  Meir Adest LinkedIn Profile  Meir Adest Twitter Account  Meir Adest News  Meir Adest on Facebook
VP - General Counsel
Rachel Prishkolnik
  Rachel Prishkolnik LinkedIn Profile  Rachel Prishkolnik Twitter Account  Rachel Prishkolnik News  Rachel Prishkolnik on Facebook
VP - Marketing
Lior Handelsman
  Lior Handelsman LinkedIn Profile  Lior Handelsman Twitter Account  Lior Handelsman News  Lior Handelsman on Facebook
VP - Operations
Udy Gal-On
  Udy Gal-On LinkedIn Profile  Udy Gal-On Twitter Account  Udy Gal-On News  Udy Gal-On on Facebook
VP - R & D
Yoav Galin
  Yoav Galin LinkedIn Profile  Yoav Galin Twitter Account  Yoav Galin News  Yoav Galin on Facebook
VP - Sales
Zvi Lando
  Zvi Lando LinkedIn Profile  Zvi Lando Twitter Account  Zvi Lando News  Zvi Lando on Facebook

 

 

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Prev: 10/24/2011: Chartboost venture capital transaction
Next: 10/24/2011: OpenSky Project venture capital transaction

 

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