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EverCharge Recharges With Venture Equity Funds

Friday, September 11, 2015 5:16:00 AM PDT | VentureDeal
   San Francisco, California  --  Electronics technology company EverCharge has raised nearly $1.4 million in equity financing, according to an SEC regulatory filing.

EverCharge is developing power management technology that it says "maximizes of buildings potential by significantly increasing the number of electrical vehicle that can charge at a given site before costly infrastructure upgrades are needed."

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

EverCharge is still seeking $100,000 in additional equity funding, according to the filing.

Company CEO Jason Appelbaum was an engineer at a number of electronic products companies prior to EverCharge.

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