Tendril Networks Secures $23,000,000 Series D Financing

  • Feed Type
  • Date
    10/19/2010
  • Company Name
    Tendril Networks
  • Mailing Address
    2560 55th Street Boulder, CO 80301
  • Company Description
    Tendril Networks bridges the gap between wireless sensor and control networks and programmers by providing system-wide smart grid development tools, deployment engines, and professional services.
  • Website
    http://www.tendrilinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $23,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The additional funding will be used to complete the GroundedPower acquisition and further accelerate the development of Energy Efficiency and consumer engagement tools within the Tendril platform.
  • M&A Terms
  • Venture Investor
    TIAA-CREF
  • Venture Investor
    VantagePoint Venture Partners
  • Venture Investor
    Good Energies
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Vista Ventures