Thursday, May 7, 2009

Enphase Energy Gains $22.6M

Petaluma-based Enphase Energy has raised $22.6M in an equity funding round, according to a regulatory filing from the firm this morning. Source of the funding was not disclosed. Enphase develops micro invertors and solar energy management systems for the residential and commercial market. The firm has previously raised capital from Applied Ventures, Rockport Capital Partners, and Third Point Ventures. The funding brings the company's total raised to just over $44M. More information »