eVolution Networks Garners $22,500,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=107eab57-4a4b-424f-bf4b-b29025f99872
Date
5/20/2015
Company Name
eVolution Networks
Mailing Address
18 East 16th Street New York, NY 10003 USA
Company Description
eVolution’s Smart Energy Solution (SES) is a fully-automated, intelligent software solution that fits seamlessly into any multi-vendor/technology cellular network, transforming today’s static network energy consumption into a live, dynamic and responsive resource.
Website
http://www.evolution-networks.com
Transaction Type
Venture Equity
Transaction Amount
$22,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the funds to expand its worldwide presence and promote its solutions to new industries, such as data center energy management.
M&A Terms
Venture Investor
Venture Investor