Silver Spring Networks Secures $75,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c85d00bb-0488-4818-a03a-d888f1159db5&Preview=1
Date
10/7/2008
Company Name
Silver Spring Networks
Mailing Address
555 Broadway Street Redwood City, CA 94063
Company Description
At Silver Spring Networks, we develop intelligent, IP-based networking products that allow utilities to dramatically improve efficiency, provide their customers with insight and control, and ensure the reliable delivery of low-cost services.
Website
http://www.silverspringnetworks.com
Transaction Type
Venture Equity
Transaction Amount
$75,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This investment will help them expand globally.
M&A Terms
Venture Investor
Kleiner Perkins Caufield & Byers
Venture Investor
Foundation Capital
Venture Investor
Northgate Capital