Tech Company Financing Transactions
International Battery Funding Round
International Battery closed a $35 million Series C funding round on 5/6/2010. Investors included Digital Power Capital and private investors.
Transaction Overview
Company Name
Announced On
5/6/2010
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series C
Investors
Digital Power Capital (Lead Investor) (Mark Mills)
Proceeds Purpose
The new investment will allow the Company to continue to scale up its existing manufacturing plant in Allentown, Pennsylvania, and will support expanded efforts and staffing in sales and engineering, as well as new product development.
Company Information
Company Status
Out of Business
Industry
Energy & Battery
Mailing Address
6845 Snowdrift Road
Allentown, PA 18106
USA
Allentown, PA 18106
USA
Phone
Email Address
Overview
International Battery (IB) is a global, Green Technology company providing environmentally friendly large format, rechargeable Lithium-ion cells and batteries. IB is a US manufacturer of high quality, low cost Lithium-ion technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dennis Sadlowski
Chief Operating Officer
Thomas Puza
VP - Bus. Development
David McShane
VP - R & D
Jacob Muthu
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