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Tigo Energy Raises New Venture Capital

Tuesday, May 26, 2015 5:46:00 AM PDT | VentureDeal

   Los Gatos, California  --  Alternative energy technology company Tigo Energy has secured $3.5 million in additional equity investment, according to an SEC regulatory filing.

Tigo has developed what it calls Smart Module Optimizer technology that helps to drive down the cost of capturing solar electricity.

The company has operations throughout the United States, Europe, Asia and the Middle East.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Israeli businessman Zvi Alon (LinkedIn Profile) is chairman and CEO of the company.

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