VoltServer Receives $250,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f1f721e-1908-474b-9480-a97dbebe5355&Preview=1
Date
7/27/2012
Company Name
VoltServer
Mailing Address
9 General Stanton Drive Charlestown, RI 02813
Company Description
VoltServer is developing innovative power distribution products base on the company’s patented Packet Energy Transfer (PET) technology.
Website
http://www.voltserver.com
Transaction Type
Venture Equity
Transaction Amount
$250,000
Transaction Round
Undisclosed
Proceeds Purposes
The new money is focused on getting the products to proof, and completing the tests in independent laboratories that larger telecom companies require before purchasing the technology.
M&A Terms
Venture Investor
Slater Technology Fund