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ChargePoint Connects With $50 Million Venture Capital

Thursday, May 5, 2016 5:19:00 AM PDT | VentureDeal



Campbell, California  -- Electric vehicle charging station technology company ChargePoint has landed $50 million in its latest round of institutional venture capital financing.

ChargePoint operates what it calls the "world's largest and most open EV charging network."

The company designs, builds and services that technology infrastructure.

Linse Capital led the round, which also included Braemar Energy Ventures and Constellation Technology Ventures.

ChargePoint said it would use the funding to scale its service for electric vehicle drivers and "companies wishing to install EV charging in their parking lots."

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