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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7943ddba-5a8c-4069-b688-980726733b88&Preview=1
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Date
1/30/2013
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Company Name
Nest
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Mailing Address
900 Hansen Way Palo Alto, CA 94304
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Company Description
Nest is focused on addressing home-energy consumption with an elegantly designed solution – one that people actually enjoy using.
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Website
http://www.nest.com
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Transaction Type
Venture Equity
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Transaction Amount
$80,000,000
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Transaction Round
Undisclosed
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Proceeds Purposes
The company will use the funds for expansion of sales and marketing and to offer a more comprehensive smart home service.
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M&A Terms
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Venture Investor
Google Ventures
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Venture Investor
Venrock
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Venture Investor
Undisclosed