Stem Obtains $15,000,000 Series C Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d21a6e84-69f4-49d5-b00a-960dac552f6b
Date
5/25/2016
Company Name
Stem
Mailing Address
100 Rollins Road Millbrae, CA 94030 USA
Company Description
Stem is leading the way to a brighter, more cost-effective energy future. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it.
Website
http://www.stem.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series C
Proceeds Purposes
The amount represents a second close of the company’s Series C financing round and will be used to expand its presence globally.
M&A Terms
Venture Investor
Mithril Capital Management