Deeya closes $30M for long-term electrical storage
Deeya Energy, provider of a unique battery for long-term electrical storage, has raised $30 million in a third round of funding to offer renewable and more efficient energy options. Based in Fremont, Calif., the company says it is poised to take advantage of a $46 billion energy storage market — especially now when cutting energy costs is a prime concern for businesses and consumers alike.
The recent round of financing was led by Technology Partners and inclued BlueRun Ventures, Draper Fisher Jurvetson, Element Partners and New Enterprise Associates. It has raised $53 million to date.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.