Desalitech Obtains $11,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87105815-ff76-4dfb-b5be-5861d8745e75
Date
12/3/2014
Company Name
Desalitech
Mailing Address
One Gateway Center Newton, MA 02458 USA
Company Description
Desalitech provides resource and cost efficient water production and treatment solutions. Commercial CCD installations have run continuously for over four years in a broad range of industrial, agricultural and municipal applications.
Website
http://www.desalitech.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The money will help Desalitech expand sales of its efficient water purification products, the company says.
M&A Terms
Venture Investor