Coulomb Technologies Lands $14,000,000 Series B Round

  • Feed Type
  • Date
    2/1/2010
  • 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
    $14,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Coulomb will use the funds to expand research and development, operations capital and sales. Coulomb’s expansion will also include further penetration into worldwide markets including Asia and South America.
  • M&A Terms
  • Venture Investor
    Voyager Capital
  • Venture Investor
    Rho Ventures
  • Venture Investor
    Undisclosed