NEXTracker Secures $25,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fdc3770-7ecf-4afc-84d9-cab6d93a316c
Date
2/11/2015
Company Name
NEXTracker
Mailing Address
6200 Paseo Padre Parkway Fremont, CA 94555 USA
Company Description
NEXTracker offers a significant breakthrough in horizontal tracking, with lower costs, better performance and more flexibility for solar power plants.
Website
http://www.nextracker.com
Transaction Type
Venture Equity
Transaction Amount
$25,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Coming on the heels of last year’s tremendous increase in customer shipments, NEXTracker is appreciative of the capital from our investors to further scale production.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor