Solar City Receives $21,500,000 New Round

  • Feed Type
  • Date
    7/15/2010
  • Company Name
    Solar City
  • Mailing Address
    393 Vintage Park Drive Foster City, CA 94404
  • Company Description
    SolarCity matches advanced solar power technology with a suite of installation services. The company’s comprehensive offering removes the technical, regulatory, and financing barriers to solar power, helping customers make smart renewable energy choices that save money. Boasting the industry’s most experienced team in solar systems design and installation and a proven track record of bringing new technologies to market, SolarCity is uniquely positioned to make solar power a practical choice for home owners and businesses.
  • Website
    http://www.solarcity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will accelerate SolarCity’s growth and expansion to new markets.
  • M&A Terms
  • Venture Investor
    Mayfield Fund
  • Venture Investor
    Draper Fisher Jurvetson
  • Venture Investor
    DBL Investors
  • Venture Investor
    Generation Investment Management LLP