Varentec Lands $7,700,000 Series A Funding

  • Feed Type
  • Date
    1/19/2012
  • Company Name
    Varentec
  • Mailing Address
    1531 Atteberry Lane San Jose, CA 95131
  • Company Description
    Varentec is developing technology at the intersection of power electronics and the grid to deliver critical new functionality that can help utilities enhance and transform their power delivery infrastructure, while keeping costs low.
  • Website
    http://www.varentec.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,700,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Undisclosed