Atieva Receives $24,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b7ea3db-bbe1-40e7-beb7-172b8e9a4410&Preview=1
Date
1/20/2011
Company Name
Atieva
Mailing Address
579 Clyde Avenue Mountain View, CA 94043-2271
Company Description
Atieva has developed proprietary software that monitors individual battery cells and controls for battery packs in electric vehicles.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
$24,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the funding proceeds to expand its operations in China.
M&A Terms
Venture Investor
Undisclosed