Stem Receives $27,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f71e443d-12c0-47fc-98b5-3798df569fd9
Date
1/7/2015
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
$27,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This capital enables Stem to expand its predictive analytics energy optimization software platform and global market expansion.
M&A Terms
Venture Investor
Venture Investor