GreenRay Lands $2,000,000 Series A Financing Round

  • Feed Type
  • Date
    7/15/2009
  • Company Name
    GreenRay
  • Mailing Address
    7 Littleton Road Westford, MA 01886
  • Company Description
    GreenRay is developing a solar appliance for residential homes. While today’s PV systems use discrete components and require specialized expertise to design and install, our plug and play system is fully integrated. The modular AC solar panel units plug together and snap into a specially-designed roof mount. By reducing design and installation time, we make solar more accessible and simpler to install. Our patent-pending technology sets the new standard for residential solar electric systems.
  • Website
    http://www.greenraysolar.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Quercus Trust
  • Venture Investor
    21 Ventures