Monday, November 16, 2009

Xtreme Power Gets $2.0M

Kyle, Texas-based Xtreme Power, a developer of smart grid power management products, has raised $2.0M in a convertible debt round, according to a regulatory filing by the firm today. The filing indicates the fundraising is part of a $5.0M funding for the company, which is still in progress. Details on the convertible round were not announced by the firm, which as previously seen funding from Texas Emerging Growth Fund and SAIL Venture Partners. More information »