Phoenix Energy Technologies Garners $5,000,000 New Financing Round

  • Feed Type
  • Date
    5/1/2012
  • Company Name
    Phoenix Energy Technologies
  • Mailing Address
    8949 Irvine Center Drive Irvine, CA 92618
  • Company Description
    In today’s competitive business environment, the proper management of energy and utility assets will make a critical difference in overall financial performance. Energy is typically the second or third largest operating expense line in your budgets. As a significant operating expense, it requires specific resources and expertise to manage, reduce and control this complex and constantly escalating expense. Your organization has probably invested in many different systems to support your sustainability and energy goals but you struggle with many different systems with no way to pull them together. Let us show you how to maximize your energy assets!
  • Website
    http://www.phoenixesg.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing will fuel Phoenix Energy Technologies’ growth plans and further accelerate and strengthen the organization’s leadership position in the rapidly developing enterprise energy management (EEM) space.
  • M&A Terms
  • Venture Investor
    Five Peaks Capital Management
  • Venture Investor
    Bluff Point Associates