Tech Company Financing Transactions
Primus Power Funding Round
Anglo American Platinum and private investors participated in a $20 million Series C funding round for Primus Power. The round was recorded on 2/4/2014.
Transaction Overview
Company Name
Announced On
2/4/2014
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors
Anglo American Platinum (Lead Investor) (Richard Willis)
Proceeds Purpose
The new money supports 2014 customer shipments, transitioning the Company's manufacturing to a contract manufacturer, and expanding its sales and customer support organizations.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3967 Trust Way
Hayward, CA 94545
USA
Hayward, CA 94545
USA
Phone
Website
Email Address
Overview
Primus Power is a leader in low-cost, grid-scale energy storage solutions with a scalable, distributed system that economically serves multiple storage applications including transmission capacity, renewable energy integration and frequency regulation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Stepien
VP - Engineering
G.J. La O
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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