Optimal Technologies Finds $25M
Sacramento-based Optimal Technologies International, a company which develops products for optimizing electrical power systems, said tuesday that it has raised $25M in a Series B funding from Goldman Sachs. Optimal said the funding will go towards completing development of its technology. The round is tranched at $13M now plus the remainder in milestone payments over the next 12 months.
posted on Tuesday, October 30, 2007 (Link to more information)
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