EnVerv Receives $12,000,000 Series B Round

  • Feed Type
  • Date
    12/20/2011
  • Company Name
    EnVerv
  • Mailing Address
    680 N McCarthy Blvd San Jose, CA 95035
  • Company Description
    EnVerv’s vision is to provide power line communications solutions to smart meters toward ubiquitous Smart Grid Networks. We believe that every node in the network needs to be connected reliably and with enough robust bit rate to account for today’s, albeit limited, applications and tomorrow’s feature rich ones.
  • Website
    http://www.enverv.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The proceeds will go toward further development and working capital.
  • M&A Terms
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Walden International