Varentec Obtains $4,000,000 New Funding

  • Feed Type
  • Date
    9/25/2014
  • Company Name
    Varentec
  • Mailing Address
    1531 Atteberry Lane San Jose, CA 95131 USA
  • Company Description
    Varentec is developing technology at the intersection of power electronics and the grid to deliver critical new functionality that can help utilities enhance and transform their power delivery infrastructure, while keeping costs low.
  • Website
    http://www.varentec.com
  • Transaction Type
    Debt
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds of the credit facility will provide working capital to support the company’s future growth.
  • M&A Terms
  • Venture Investor