Primus Power Closes $11M
Hayward, Calif.-based Primus Power, a grid-scale energy storage company, has closed on $11 million from DBL Investors, I2BF Global Ventures, Chrysalix Energy Venture Capital and Kleiner Perkins Caufield & Byers. The infusion will be used for development and commercialization of Primus' distributed storage technology, the company said Tuesday. The company has also previously raised money in grants from the United States Department of Energy, the Advanced Research Projects Agency -- Energy, and the California Energy Commission.
31 May 2011•5 mins read
