Renewable Funding takes $12.2M to urge conversion to solar

Renewable Funding, a company that helps building owners finance the purchase of solar equipment, has raised $12.2 million in a first round of funding. Based in Oakland, Calif., it is backed by Draper Fisher JurvetsonNGEN PartnersNew Cycle Capital and Wilson Sonsini Goodrich and Rosati.

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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.