Update: Sungevity Gets More Funding, Executives
Now word there another $15 million.
Sungevity, the nation’s fastest growing provider of residential solar installations, today announced that it has raised an additional $15 million toward its Series C funding round led by existing investors including Greener Capital and Firelake Capital along with new investor Brightpath Capital Partners, an Oakland impact investment fund. Sungevity has now raised more than $25 million; this money will support its mission to spread affordable solar to homeowners across the nation next year.
—- original post 9/23/10—-
Sungevity, a company that uses satellite imagery and obliques to short cut the process of determining the potential for solar panels and providing a quote for an installation recently tapped into $6 million from investors and hired several new executives. More players are entering the solar panel installation space and the use of the imagery, which ideally cuts costs and time to install, distinguishes Sungevity, at least so far!
