SolarCity Obtains $81,000,000 New Round

  • Feed Type
  • Date
    3/1/2012
  • Company Name
    SolarCity
  • Mailing Address
    3055 Clearview Way San Mateo, CA 94402
  • Company Description
    SolarCity matches advanced solar power technology with a suite of installation services. The company’s comprehensive offering removes the technical, regulatory, and financing barriers to solar power, helping customers make smart renewable energy choices that save money.
  • Website
    http://www.solarcity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $81,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new financing will fund SolarCity’s expansion of sales, marketing and operations, technology development and potential acquisitions.
  • M&A Terms
  • Venture Investor
    Silver Lake
  • Venture Investor
    Valor Equity Partners
  • Venture Investor
    Shea Ventures