EnVerv Obtains $7,500,000 New Funding Round

  • Feed Type
  • Date
    1/15/2015
  • Company Name
    EnVerv
  • Mailing Address
    680 N McCarthy Blvd. San Jose, CA 95035 USA
  • 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
    $7,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the proceeds to further expand its team, expand more broadly into healthcare organizations, and invest in research and development for expansion into other people-intensive industries.
  • M&A Terms
  • Venture Investor