Greenwave Systems Secures $60,000,000 New Financing

Company Information

Company
Greenwave Systems

Website

http://www.greenwavesystems.com

Location
133 Technology Irvine, CA 92618

Description
Greenwave Systems is a global Internet of Things (IoT) software and services company whose disruptive Greenwave360 model enables category-leading brands to quickly and profitably deploy managed services. Greenwave Systems empowers market leading brands to profitably deploy their own Internet of Things managed services and products to foster deeper customer relationships and grow their business.

Transaction Details

  • Date – 1/5/2016
  • Transaction Type – Venture Equity, Debt
  • Transaction Amount – $60,000,000
  • Transaction Round – Undisclosed
  • Acquire / Investor(s) – EDB Investments
  • Acquire / Investor(s) – Bank of America
  • Acquire / Investor(s) – The Westly Group
  • Acquire / Investor(s) – E.ON SE