Tech Company Financing Transactions

Powerit Holdings Funding Round

Powerit Holdings, operating out of Seattle, secured $7.1 million from @Ventures, Expansion Capital Partners and Stellar Holdings.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

@Ventures (Marc Poirier)

Expansion Capital Partners (Bernardo Llovera)

Stellar Holdings

Proceeds Purpose
This funding from two recognized leaders in clean technology venture capital, will allow us to accelerate our growth and product offerings to meet the demands of a growing number of industrial and utility customers who need proven demand response and demand control energy management solutions to better control rising energy costs.

Company Information

Company Status
Private & Independent
Energy & Battery
Mailing Address
307 3rd Ave. South 400
Seattle, WA 98104
Email Address
Powerit Solutions provides comprehensive energy demand response and demand control solutions for industrial and commercial applications.
Powerit Holdings LinkedIn Company Profile
Social Media
Powerit Holdings Company Twitter Account
Company News
Powerit Holdings News
Powerit Holdings on Facebook
Powerit Holdings on YouTube

Management Team

Email & Social
Chief Executive Officer
Kevin Klustner
  Kevin Klustner LinkedIn Profile  Kevin Klustner Twitter Account  Kevin Klustner News  Kevin Klustner on Facebook
Chief Financial Officer
Leon Suh
  Leon Suh LinkedIn Profile  Leon Suh Twitter Account  Leon Suh News  Leon Suh on Facebook
VP - Engineering
Mark Stromberg
  Mark Stromberg LinkedIn Profile  Mark Stromberg Twitter Account  Mark Stromberg News  Mark Stromberg on Facebook
VP - Marketing
Patty Solberg
  Patty Solberg LinkedIn Profile  Patty Solberg Twitter Account  Patty Solberg News  Patty Solberg on Facebook



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Prev: 5/31/2007: Ception Therapeutics venture capital transaction
Next: 6/1/2007: Slacker Radio venture capital transaction


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