Tuesday, September 19, 2006

Deeya Announces Series A

Fremont-based Deeya has announced its Series A, saying that it has raised a first round of venture capital from BlueRun Ventures, Draper Fisher Jurvetson (DFJ), and DFJ Element. The firm said that it will use the funding for product development and global market expansion. Deeya is developing electrochemical energy storage systems. Deeya did not disclose the amount of the funding. According to a report earlier this month by Private Equity Week, the firm raised $2.5M in the funding. More information »