Monday, May 12, 2014

ChargePoint Plugs Into $22.6M

Campbell-based electric vehicle charging network operator ChargePoint has raised $22.6M in a new funding round, the company said this morning, bringing its total raised to over $110M. ChargePoint said the new funding came from Rho Ventures, Kleiner Perkins Caufield & Byers (KPCB), Braemar Energy Ventures, Siemens Venture Capital GmbH, Voyager Capital and BMW. ChargePoint said the funding goes to expand its network, enter new markets, and develop new products. More information »