Tech Company Financing Transactions

Boston-Power Funding Round

Boston-Power, operating out of Westborough, secured $55 million in funding from Gabriel Venture Partners, GGV Capital and Oak Investment Partners.

Transaction Overview

Company Name
Announced On
1/14/2009
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series D
Investors

Gabriel Venture Partners

GGV Capital (Scott Bonham)

Oak Investment Partners (Bandel Carano)

Venrock (Tony Evnin)

Proceeds Purpose
Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2200 West Park Dr. 320
Westborough, MA 01581
USA
Email Address
Overview
Boston Power manufactures portable power products such as application-specific rechargeable lithium-ion batteries.
Profile
Boston-Power LinkedIn Company Profile
Social Media
Boston-Power Company Twitter Account
Company News
Boston-Power News
Facebook
Boston-Power on Facebook
YouTube
Boston-Power on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sonny Wu
  Sonny Wu LinkedIn Profile  Sonny Wu Twitter Account  Sonny Wu News  Sonny Wu on Facebook
Chief Financial Officer
Simon Vieira-Ribeiro
  Simon Vieira-Ribeiro LinkedIn Profile  Simon Vieira-Ribeiro Twitter Account  Simon Vieira-Ribeiro News  Simon Vieira-Ribeiro on Facebook
Chief Technical Officer
Rick Chamberlain
  Rick Chamberlain LinkedIn Profile  Rick Chamberlain Twitter Account  Rick Chamberlain News  Rick Chamberlain on Facebook
President
Alex Pan
  Alex Pan LinkedIn Profile  Alex Pan Twitter Account  Alex Pan News  Alex Pan on Facebook
VP - Engineering
Wayne Yuan
  Wayne Yuan LinkedIn Profile  Wayne Yuan Twitter Account  Wayne Yuan News  Wayne Yuan on Facebook
VP - Finance
Jackie He
  Jackie He LinkedIn Profile  Jackie He Twitter Account  Jackie He News  Jackie He on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/14/2009: MD-IT venture capital transaction
Next: 1/14/2009: Chiral Quest venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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