Monday, July 11, 2011

Xtreme Power Gets $16.4M More

Kyle, Texas-based Xtreme Power, the developer of energy storage technology backed by SAIL Venture Partners, Bessemer Venture Partners, The Dow Chemical Company, Fluor Corp., BP Alternative Energy, Dominion Resources, POSCO ICT, SkyLake & Co. and Spring Ventures, LLC., has scored another $16.4M in funding, according to a regulatory filing by the firm. The company has not yet announced details of the funding. The filing indicates that the new round came from 12 investors. The new funding comes about a year after the company raised $29.5M from its investors. More information »