IntelliBatt Garners $22,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bfa69d77-38a9-4b01-bc10-17e0ce5d733b&Preview=1
Date
7/18/2012
Company Name
IntelliBatt
Mailing Address
181 3rd Street San Rafael, CA 94901
Company Description
IntelliBatt, LLC, is a privately-held, full-service solutions provider serving global markets with battery backup and predictive services to ensure against systems failure.
Website
http://www.intellibatt.com
Transaction Type
Venture Equity
Transaction Amount
$22,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The money will be used to fund the company’s growth initiatives and expansion of the product line.
M&A Terms
Venture Investor
Columbia Capital
Venture Investor
CBC Capital
Venture Investor
Undisclosed