Deal Announcements

Enphase Advances With Venture Capital Financing

Tuesday, May 12, 2009 5:38:00 AM PDT | VentureDeal Staff

Petaluma, California  --  Solar technology company Enphase Energy has secured $22.6 million in a new round of venture capital funding.

Enphase says that it combines the power of "solar energy and the proven advantages of communications technology" by making solar power systems more productive, reliable and smarter.

Investors in the round included Applied Materials Ventures and Rockport Capital Partners. The company did not disclose how it would use the funding proceeds.

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