Tendril Networks Receives New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43d0346e-e554-4d86-8cd0-08f867c49acc&Preview=1
Date
6/13/2011
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
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
The two companies have formed an alliance to market the Tendril Connect platform to utilities.
M&A Terms
Venture Investor
Siemens Venture Capital