-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21f2d74d-4fce-40cd-9f50-f76fda463c9b&Preview=1 -
Date
1/26/2009 -
Company Name
Coulomb Technologies -
Mailing Address
1692 Dell Ave Campbell, CA 95008-6901 -
Company Description
Coulomb delivers networked charging stations and provides a service that meets the needs of drivers, municipalities, electric utilities and government entities by providing:* A secure, safe, reliable way for consumers to charge their electric
vehicles anywhere they park
* A sustainable business model for the rapid deployment of a plug-in
vehicle charging infrastructure
* An infrastructure that enables rapid growth of the market for plug-in
electric vehicles of all types
* Monitoring and control services to allow utilities to optimize grid use
* The lowest cost system operation and maintenance when compared to
other options
* The ability to transition from gasoline tax revenues to tax models appropriate to electric vehicles -
Website
http://www.coulombtech.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,750,000 -
Transaction Round
Series A -
Proceeds Purposes
The funding will enable Coulomb to continue their aggressive rollout of their smart networked charging stations as a part of the ChargePoint Network. Additionally, the funding will further enhance engineering, marketing and business development as major automobile manufacturers are set to deliver electric vehicles in the coming months. -
M&A Terms
-
Venture Investor
Estag Capital AG -
Venture Investor
Undisclosed